MEA Cloud Infrastructure Services Market Size, Share & Trends
Analysis Report, By Deployment (Public, Private, Cloud), By Organization, By
Service (PaaS, IaaS, CDN/AND, DRaaS), And Segment Forecasts, 2018 - 2025
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.
Access
Research Report of MEA Cloud Infrastructure Services Market @ 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.
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.
