The Middle East cloud infrastructure services market is growing rapidly, owing to a significant increase in initiatives taken by governments and promotions by multinational corporations in the region. The market size is estimated to be USD 2.66 Billion in 2017 and is projected to reach USD 8.79 Billion by 2022, growing at a Compound Annual Growth Rate (CAGR) of 27.0% during the forecast period of 2017–2022.
Major vendors offering cloud infrastructure services in the Middle East region include IBM (US), Microsoft (US), Oracle (US), Amazon Web Services (US), HPE (US), Equinix (US), Cisco Systems (US), Etisalat (UAE), Injazat Data Systems (UAE), Malomatia (Qatar), Orixcom (UAE), eHosting Datafort (UAE), BIOS Middle East Group (UAE), Fujitsu (Japan), Cloud4c services (India), ez TECH (Oman), MK Enterprises (Qatar), iMED Solutions (UAE), Intertec Systems (UAE), JMR Infotech (India), Ooredoo (Qatar), STC Cloud (Saudi Arabia), Interkey Telecom & Technology (Saudi Arabia), Compro Information Technologies (Turkey), and DESistem (Istanbul). These players have adopted various growth strategies to expand their presence in the Middle Eastern countries. They have deployed strategies, such as partnerships, collaborations, new product launches, product enhancements, acquisitions, and new establishments. Top players such as Amazon Web Services (US), IBM (US), Oracle (US), Equinix (US), Etisalat (UAE), and Microsoft (US) have adopted these strategies to expand their product portfolios.
Microsoft has a regional office in Dubai for countries including Bahrain, Qatar, Oman, and others. Furthermore, to strengthen its hold in the local market, the company, in June 2017, partnered with Mobily, a telecom and IT provider based in Saudi Arabia. This partnership allows Mobily to offer Microsoft’s cloud and business services such as Office 365 to its clients and meet their increasing demands. Earlier in 2017, Microsoft also partnered with DXC Technology to expand its Azure services with services management across private DXC data centers and Microsoft Public Cloud. Microsoft also partnered with Cisco Systems to offer cloud services to help combine IaaS, PaaS, and SaaS solutions.
Amazon Web Services (US) is another major provider of cloud infrastructure services in the Middle East. The company uses R&D to develop innovative solutions and has been building best-in-class solutions, such as Amazon Connect, a cloud-based contact center. The company has taken various steps to establish its presence in the Middle East, due to an increasing adoption of cloud and analytics technologies among organizations in this region. Furthermore, the company plans to strengthen its presence through the combination of various organic business strategies. For instance, in October 2016, Amazon Web Services partnered with VMware (US) to develop improved solutions to provide Software-Defined Data Center (SDDC) over the hybrid cloud model.
Middle East Cloud Infrastructure Services Market by Service Type (PaaS, IaaS, CDN/ADN, Managed Hosting, Colocation Services, and DRaaS), Service Provider, Organization Size, Deployment Model, Industry Vertical, and Country - Forecast to 2022
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