Middle East & Africa Private Cloud Services Market Size, Growth, Share and Competitive Landscape

Markntel Advisors’ report, Middle East Africa Private Cloud Services Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2028, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Middle East Africa Private Cloud Services presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Middle East Africa Private Cloud Services Market Research Report Market 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). The Middle East Africa region has witnessed substantial digitalization, due to government initiatives, as a result, the reliance on cloud computing across various sectors increased such as; financial services, healthcare, education, e-commerce, etc. Moreover, these sectors demanded advanced customization and specialized applications to meet their unique requirements. Private cloud deployment offered these organizations the flexibility to host and manage industry-specific applications, aligning them seamlessly with their existing IT infrastructure.

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Middle East Africa Private Cloud Services Market Dynamics:

Key Driver-

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.

Middle East Africa Private Cloud Services Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

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

The Software-as-a-Service (SaaS) category occupied a noteworthy share in the Middle East Africa Private Cloud Services Market due to its increased adoption by educational institutions, healthcare industry, etc. Educational institutions across the region have leveraged SaaS-based learning management systems (LMS), student information systems (SIS), and virtual classroom platforms to enhance online learning capabilities and improve administrative processes.

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

Large Size enterprises held a considerable share in the Middle East Africa Private Cloud Services Market. The high volume of data generation and storage requirements in large enterprises, and industries such as BFSI, IT, government, etc., have focused on the adoption of private cloud to securely access the data remotely as well as reducing the likely chances of data theft.

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.

Saudi Arabia is anticipated to hold a sizeable market share in the Middle East Africa Private Cloud Services Market in the coming years.

As indicated in the latest market research report published by Markntel Advisors, “Middle East Africa Private Cloud Services Research Report: Forecast (2023-2028)”, this report offers a detailed analysis of the industry, featuring insights into the Middle East Africa Private Cloud Services industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/mea-private-cloud-services-market.html

Top Companies Operating in the Middle East Africa Private Cloud Services Market:

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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Key Report Highlights:

Market Dimensions Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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