Middle East & Africa Private Cloud Services Market Breakdown By Size, Share, Growth, Trends, and Industry 2028- MarkNtel Advisors
According to Markntel Advisors Report, Middle East & Africa Private Cloud Services Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2022.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Global Middle East
& Africa Private Cloud Services Market Research Report & Summary:
The Middle East & Africa Private Cloud Services Market is
estimated to grow at a CAGR of around 28.77% during the forecast period, i.e.,
(2023-28).
Time
Period Captured in the Report:
·
Historical
Years: 2018-21
·
Base
Years: 2022
·
Forecast
Years: 2023-28
Who are the Key Players Operating in
the Middle East & Africa Private Cloud Services Market?
The top
companies of the Middle East & Africa Private Cloud Services Market
ruling the industry are:
Amazon Web
Services, Inc., Cisco Systems Inc., Dell Inc., IBM Corporation, SAP SE, VMware Inc.,
Microsoft Corporation, Hewlett Packard Enterprise, Databricks, OpenStack,
Tencent Cloud, Others
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What is Included in Middle East
& Africa Private Cloud Services Market Segmentation?
The Middle East & Africa Private Cloud
Services Market explores the industry by emphasizing the growth parameters and
categorizes including geographical segmentation, to offer a comprehensive
understanding of the market dynamic. The
further bifurcations are as follows:
- By Service Model
- Infrastructure as a Service (IaaS)- Market Size & Forecast
2018-2028F, USD Million
- Platform as a Service (PaaS)- Market Size & Forecast
2018-2028F, USD Million
- Software as a Service (SaaS)- Market Size & Forecast
2018-2028F, USD Million
- By Organization Size
- Small & Medium Enterprises (Up to 500)- Market Size &
Forecast 2018-2028F, USD Million
- Large Enterprises (Above 500)- Market Size & Forecast
2018-2028F, USD Million
- By End User
- BFSI- Market Size & Forecast 2018-2028F, USD Million
- IT & Telecom- Market Size & Forecast 2018-2028F, USD
Million
- Government- Market Size & Forecast 2018-2028F, USD Million
- Energy & Utilities- Market Size & Forecast 2018-2028F, USD
Million
- Retail- Market Size & Forecast 2018-2028F, USD Million
- Manufacturing- Market Size & Forecast 2018-2028F, USD Million
- Others (Media & Entertainment, Education & Healthcare,
etc.)- Market Size & Forecast 2018-2028F, USD Million
- By Country
- The UAE
- Saudi Arabia
- Israel
- Turkey
- Egypt
- South Africa
- Rest of the Middle East & Africa
Explore the Complete Middle East & Africa Private Cloud Services
Market Analysis Report – https://www.marknteladvisors.com/research-library/mea-private-cloud-services-market.html
Middle East & Africa Private Cloud
Services Market Dynamics:
Growth of IT
Industry to Promote Private Cloud Services Market - The countries in the region
such as the UAE, South Africa, Saudi Arabia, etc., implemented strategies and
initiatives to foster digital transformation and diversify their economies by
promoting service-based sectors including IT. In line with this, the government
of these countries substantially invested in innovation hubs, technology parks,
etc., which created a conducive environment for the growth of the IT industry.
Owing to this many companies such as Microsoft, IBM, Telekom, etc., expanded
their existing operations in the region. For instance,
·
In 2023, US-based software company Nintex is
planning to open its first regional office in Saudi Arabia, supporting Vision
2030’s path toward digital transformation.
The IT industry's
growth boosted the demand for scalable and flexible computing resources.
Private clouds, with enhanced scalability, reliability, performance, and cost
efficiency, have become the preferred IT infrastructure solution for business
organizations in the region. Furthermore, the countries in the region such as
South Africa, the UAE, etc., are taking many initiatives to become a fast
adopter of emerging AI technologies. For instance,
·
In 2021, the UAE has adopted the National AI
Strategy 2031 and the UAE National Program for Artificial Intelligence, both of
which would shape the digital and technological ecosystems and impact digital
creativity.
Hence, the growth
of AI technologies in the IT sector would have a positive impact on the demand
for private cloud solutions, as AI applications would require significant
computing power and storage to process large volumes of data and perform
complex calculations.
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many years and have conducted multi-industry research across 80+ countries,
spreading our reach across numerous regions like America, Asia-Pacific, Europe,
the Middle East & Africa, etc., and many countries across the regional
scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil,
and several others.
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