HOME › Research Insight › Faster deployment and scalability, enhanced efficiency and business productivity, and easy access to disaster recovery drive the Middle East cloud infrastructure services market.
Faster deployment and scalability, enhanced efficiency and business productivity, and easy access to disaster recovery drive the Middle East cloud infrastructure services market.
Middle East cloud infrastructure services offers the most flexible and powerful tools to fit the requirement of the enterprise seeking cloud based services. The types of services offered in this market comprises IaaS, PaaS, CDN/ADN, managed hosting, and colocation services. The government in this region is taking initiatives to improve healthcare, education and government infrastructure. The right solution with advanced technology would allow the businesses to react to the changing needs and make effective decision.
The organizations continue to shift workloads to the cloud in order to improve uptime, and offer improved service level. The connected daily lives and businesses are performing well with services and virtual devices supported by cloud based applications. Colocation Services is increasingly being adopted by the enterprises followed by Managed Hosting Services. The enterprise and its clients are now shifting towards the Hybrid Cloud Infrastructure model instead of traditional infrastructure outsourcing to provide better infrastructure services to the end users.
The cloud infrastructure services market is estimated to grow from $1.84 billion in 2015 to $5.44 billion in 2020, at a Compound Annual Growth Rate (CAGR) of 24.2% from 2015 to 2020. In terms of countries, KSA is expected to be the biggest market in terms of revenue contribution, while emerging countries such as UAE, Qatar, and others are expected to experience increased market traction with high CAGRs, in due course.
KSA is the growing country in the Middle East cloud infrastructure services market that accounts for the largest market share as compared to other countries in the overall market in 2015. The major driver in this country is high penetration rate in BFSI, manufacturing, telecommunication and IT industries. KSA has a high penetration rate because government is increasing the usage of cloud based services in this country.
MarketsandMarkets has highlighted these key findings from its latest research report. The Middle East Cloud Infrastructure Services Market: Worldwide Market Forecast and Analysis (2015 – 2020) report is now for sale.
The report provides an overview of the drivers, restraints, opportunities, and challenges that impact this market. The report also segments and forecasts the overall Middle East cloud infrastructure services market in terms of types of services, deployment models, verticals, and countries.
Middle East Cloud Infrastructure Services Market by Services (PAAS, IAAS, CDN/ADN, Managed Hosting, and Colocation), by Deployment (Public, Private, and Hybrid), by Countries (KSA, UAE, Qatar, and Others) - Forecasts and Analysis (2015 - 2020)
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