Middle East & Africa Private Cloud Services Market Analysis 2028 - Size, Share, Growth, Trends, and Industry Insight

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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).

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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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for 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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