The MEA cloud infrastructure services market size is anticipated to reach USD 18.07 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 28.7 % during the forecast period. Increasing government investments towards digital transformation has fostered the market growth. Moreover, growing awareness among small and medium enterprises regarding the advantages of cloud technology in business is anticipated to boost the market growth.
Platform
as a Service (PaaS) emerged as the largest cloud infrastructure service in 2017
with 26.4% market share. The service allows development, execution, and
management of cloud-based applications without the need to build or maintain
infrastructure. The dependency of the PaaS market on cloud infrastructure, for
implementation, is expected to benefit the IaaS market over the forecast
period. The demand for Disaster Recovery as a Service (DRaaS) segment is
expected to register the highest CAGR of 31.9% owing to increased demand for
data security and recovery.
Public
cloud segment is the largest deployment type for cloud infrastructure services.
The public cloud enables economic and faster deployment of resources thus
saving user time and money. Private cloud is anticipated to expand at the
highest CAGR of 32.4% from 2018 to 2025. The private clouds are mostly
preferred by large organizations, as it ensures better security for digital
assets and user’s financial data. The hybrid cloud combines the benefits of
public cloud and private cloud. The hybrid arrangement facilitates ease of
deployment like in the case of the public cloud and also ensures optimum data
security like the private cloud deployment. Thus hybrid cloud deployment is
widely preferred by medium-sized organizations.
The
Small and Medium Enterprises (SME) segment accounted for USD 0.26 billion in
2017. The cloud computing has emerged as the most reliable and economical
option for SMEs. Thus the trend of moving from traditional on-premise deployment
to cloud deployment has been observed among the SMEs. Large organizations have
already deployed their businesses on the cloud. Thus, owing to its wide
adoption, the segment is expected to witness moderate growth over the forecast
period.
The
government initiatives, such as ‘Smart Dubai’ and ‘Smart Abu Dhabi’, in UAE are
anticipated to bring in huge investments for the cloud technology segment. Many
organizations are willing to expand their business in MEA and are considering
UAE as the most promising country for growth. The cloud infrastructure market
in Qatar is estimated to expand at the highest CAGR of 32.8 % from 2018 to
2025 due to the local government’s commitment towards technological development
by 2020 through e-government, ICT sector development.
Full Research Report On MEA Cloud Infrastructure Services Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/mea-cloud-infrastructure-services-market
Further key
findings from the study suggest:
- The MEA cloud
infrastructure services market is expected to register a CAGR of 28.7%
from 2018 to 2025
- Platform as a
Service (PaaS) emerged as the largest service segment with USD 0.68
billion market size in 2017
- Public cloud
was the largest deployment segment for cloud infrastructure services in
2017
- The SME
segment accounted for more than 24% market share in 2017. Increasing
awareness regarding cloud adoption is expected to boost the segment growth
further
- The Qatar
market is anticipated to grow at highest CAGR of 32.8% from 2018 to 2025,
owing to increased government effort towards technical development through
digitization
- Key companies
including Amazon Web Services, Inc.; Microsoft Corporation; Google, Inc.;
and IBM Corporation led the MEA cloud infrastructure services market while
accounting for the majority revenue share in 2017.
Request a Sample Copy of the Report @ https://www.grandviewresearch.com/industry-analysis/mea-cloud-infrastructure-services-market/request/rs1
Grand View Research has
segmented the MEA cloud infrastructure services market on the basis of service,
deployment, organization, and country:
MEA Cloud
Infrastructure Service Outlook (Revenue, USD Billion, 2015 - 2025)
- PaaS
- IaaS
- CDN/AND
- Managed Hosting
- Colocation
- DRaaS
MEA Cloud
Infrastructure Services Deployment Outlook (Revenue, USD Billion, 2015 -
2025)
- Public Cloud
- Private Cloud
- Hybrid Cloud
MEA Cloud
Infrastructure Services Organization Outlook (Revenue, USD Billion, 2015 -
2025)
- SME
- Large Organization
MEA Cloud Infrastructure
Services Country Outlook (Revenue, USD Billion, 2015 - 2025)
- Kingdom of Saudi Arabia
- United Arab Emirate
- Qatar
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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