Tuesday, July 25, 2023

Global Respiratory Devices market which grew at a robust CAGR from 2017-2022 & is forecasted to grow steadily from 2022-2027: Ken Research

 What is the Size of Global Respiratory devices Industry?

Global Respiratory devices Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027. The Global Respiratory Devices Market is largely driven by rising cases of respiratory illness such as COPD & Asthma. There has been a change in the demand for respiratory devices in recent years, supported by the quickly developing product development trends. Furthermore, the market for respiratory devices is growing because of factors such as inorganic growth strategies conducted by companies to promote their product.

The growing preference among customers for home healthcare devices is boosting the worldwide Respiratory devices market. The Respiratory devices companies have shifted their emphasis to providing home-based   products which includes is not only beneficial for people with COPD & asthma but also serves as first hand care in care of emergency. The market is expanding because of the increased focus on implementing technology to enhance the customer experience and minimize healthcare failure.

Investment Respiratory Devices Market

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Global Respiratory devices Market by Product type

The Global Respiratory Devices Market is segmented by Product type into Inhalers, respiratory consumables, nebulizers, oxygen concentrators. There is a preference towards inhalers as of now due to the rising cases of asthma amongst younger population.

Global Respiratory devices Market by End user

Global Respiratory devices Market is segmented by end user type into Hospitals, Clinics & others. Hospital segment has been covering a major segment of the market owing to growing public private partnerships & improving health infrastructure.

Global Respiratory devices Market by region

The Global Respiratory Devices Market is segmented by region into North America, Europe, Asia Pacific, Middle East, South America. North America held the largest share of market in 2019 while Asia Pacific is expected to capture a large share of market in upcoming years.

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Competition Scenario in Global Respiratory devices Market

The Global Respiratory devices market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the global Respiratory devices Market. Top players include Medtronic, Philips Healthcare, ResMed including others. The market is largely driven by active inorganic growth strategies, innovative technologies & increasing investment scenario.

What is the Expected Future Outlook for the Respiratory devices Market Across the globe?

The Global Respiratory Devices Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

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The Global Respiratory Devices Market is driven by customers' growing preference for home based miniaturized respiratory devices is driving growth in the Global Respiratory devices services market. The growing preference among customers for home healthcare is boosting the worldwide organic Respiratory devices market. The Respiratory devices companies have shifted their emphasis to providing innovative products which is good for usual healthcare as well as emergency. The market is expanding because of the increased focus on implementing technology to enhance the customer experience and minimize healthcare failure.

In addition to this, companies are involving themselves in active growth strategies in order to prevent healthcare failure. Although factors such as consumer hesitation with regards to product ingredients may hamper the market growth, the increasing popularity of home-based devices is clearly driving market growth. Our researchers examined the data with 2022 as the starting point, as well as the key drivers, trends, and challenges. A comprehensive analysis of drivers will assist businesses in refining their marketing strategies in order to gain a competitive advantage.

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Respiratory Devices Market Outlook to 2027

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US Medical Devices Market Outlook to 2027

India POCT Market Outlook to 2027F

Philippines' Economic Boom Ignites Home Finance Revolution: Unlocking The Door To Affordable Homeownership, Reaching A CAGR Of 12.0% By 2027. Will Philippines Stand On This Expected Figure? Ken Research

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The Philippines House Finance market is concentrated. The nature of competition is high. Philippine home finance market by banks making it moderately consolidated with competitive rivalry among the competitors. Some of the popular players are Bank of the Philippine Islands, Security Bank, Banco de Oro (BDO), Metro Bank, East West Bank, LANDBANK of the Philippines, Philippine National Bank and China Bank Corporation.

Philippines Home Finance Market

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1. Philippines' Economic Boom Ignites Home Finance Revolution: Unlocking the Door to Affordable Homeownership.

Philippines Home Finance Market

PHILIPPINES GDP GROWTH FORECAST

The development of the home financing market is significantly influenced by overall economic growth and stability. When the economy is booming, individuals have more money to spend and more confidence in making long-term commitments like house purchases. Demand for house loans is increased by a healthy economy with growing salaries and employment possibilities that encourage more people and families to think about buying a home.

2. Prepayment Surge in Philippines' Home Loans Signals Accelerated Path to Debt-Free Homeownership

Philippines Home Finance Market

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Covid-19 and increase in POGOs led to a lot of fluctuations in the real estate market before 2022, but as the market has started to recover the average repayment rate is back at 11%.

Pag-IBIG also recorded a higher performing loans ratio of 89.96% in October, 2022.

3. Attractive offers by lenders luring Filipino’s to go for house financing

Philippines Home Finance Market

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With more banks, non-bank lenders and other financial institutions entering the market, borrowers are now able to access more financing options. This increased competition has resulted in more competitive interest rates, lower origination fees, and a wider range of loan products.

For more insights on market intelligence, refer to the link below: –

Philippines Home Finance Market

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Global Auto Finance Market Outlook to 2027

Mexico Car Finance Market Outlook 2027F

A Concrete Chemistry: India’s Construction Chemicals Market to witness a booming trend with a 12.1% CAGR (2022-2028) : Ken Research

 A booming construction sector alongside government aid to be the backbone of India’s Construction Chemicals Market, says a report by ken Research

The India Construction Chemicals market is highly fragmented in nature, with the presence of many international players as well as local players. Some of the major players in the industry, are Pidilite, Asian Paints, Sika, Fosroc, Aqua Prof and Fibrex.

India Construction Additives Market

  1. Government driven boom: Railways, Roads & Energy Projects Propel Infrastructural Activities, creating Lucrative Opportunities for India’s Construction Chemical Market.

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The Indian Government’s strategic initiatives, including the National Infrastructure Pipeline (NIP) alongside the Production Linked Scheme (PLI), are propelling the infrastructure sector & encouraging the Indian construction Industry to reach around INR 2.0 Tn by 2025. Moreover, with demand for residential properties surging with the support of schemes such as Pradhan mantri Awas Yojana Urban (PMAY-U), Pradhan Mantri Gramin Awas Yojana (PMAY-G), the Tamil Nadu Housing Board Scheme (TNHB) alongside government’s reduction of GST taxes on housing from 12% to 5% has significantly increased investment in residential sector which is ultimately boosting the construction chemicals market

  1. Rising Construction Sector, M&A Activities, and Government Support Propel India's Construction Chemicals Market in Southeast Asia.

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The India construction chemicals market is experiencing a significant boost due to increased investments in the commercial and residential infrastructure sectors, as well as strategic collaborations with government organizations. This industry has always been characterized by active mergers and acquisitions, as companies recognize the importance of inorganic growth strategies to maintain a competitive edge across various segments. By leveraging these opportunities, players in the construction chemicals sector are able to expand their market presence, capitalize on emerging trends, and enhance their product portfolios to cater to the evolving needs of the construction industry.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:

  • Construction Companies
  • Engineers
  • Industrial & Commercial Companies
  • Distributers & Retailers
  • Infrastructure Consultants & Research Institutions

 Time Period Captured in the Report:

  • Historical Period: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022-2028

For more information on the research reports, refer to below link:

India Construction Chemicals Market Outlook to 2028

Related Reports:

Malaysia Construction Chemical Market Outlook 2027F

Vietnam Construction Chemical Market Outlook to 2027F

Indonesian Construction Chemicals Market Outlook to 2025

The Middle East Catering Services Market was valued at USD 2.7 Bn in 2021. Will Middle East continue to support Catering market players domestically and internationally in future? : Ken Research

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The Middle East catering market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the Middle East. Top players such as Shaqab, Zad, Amwaj, Qatar Caterers and Contractors in Middle East Catering Market hold major market share. The market is largely driven by rising demand for healthier fresh food and international cuisine and rising culture of on-site catering.

Middle East Catering Market

1.Incline towards healthy food and beverages is now a major trend among the masses in Middle East.

Middle East Catering Market

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The Middle East catering market is a diverse and rapidly evolving industry, with several trends shaping its growth and development. One of the most significant trends in the Middle East catering market is the increasing demand for healthy and sustainable food options.

As people in the Middle East become more health-conscious, there has been a growing preference for fresh and healthy foods that are made with locally sourced, organic ingredients. Caterers are responding to this trend by incorporating more fresh fruits and vegetables, whole grains, and lean proteins into their menus.

2.Middle East Inflight Catering Market Trends

Middle East Catering Market

Currently, full-service carriers are dominating the inflight catering market, and though their market growth rate is lower than that of low-cost carriers, they are expected to continue dominating the market. On account of the rising competition and the lower operating costs, due to the reduction in oil prices, full-service airlines have been rapidly upgrading their inflight catering, along with aircraft interior and services. This has freed up a lot of liquidity with the carriers. There are many FSCs in the Middle East that are known for providing the best passenger amenities. They are Qatar Airways, Singapore Airlines, ANA All Nippon Airways, Cathay among others. Few airlines have started providing customized menus and onboard chefs to better serve the business and first-class passengers. The growing full-service carrier routes and new partnerships of the airlines with local restaurants in these regions are the major factors that are likely to support the growth of the segment during the forecast period.

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Market Taxonomy

By Services Type

  • Contractual
  • Non-Contractual

By End-Users

  • Healthcare
  • Corporates
  • Education
  • Hospitality
  • Industrial
  • In-flight
  • Others

By Region

  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • Saudi Arabia
  • United Arab Emirates
  • Yemen

By Basis of Applications

  • Wedding Catering
  • Corporate Catering
  • Social Events Catering
  • Others

Key Target Audience

  • Airline Catering Companies
  • Fine Dining Caterers
  • School Caterers
  • Hotels
  • Industrial Caterers
  • Government Bodies
  • Facility Management Companies
  • Industries
  • Schools
  • Hospitals

Time Period Captured in the Report:

  • Historical Year: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022– 2027

Major Players Mentioned in the Report:

  • Qatar Aircraft Catering Company (QACC)
  • Integral Food Services
  • Shaqab
  • Qatar Star Services
  • Yemek Doha
  • Sodexo Teyseer
  • Newrest Gulf
  • Tamimi Group
  • Compass Group
  • PDC Tamween
  • Zad Catering Services
  • Amwaj
  • Crompton Catering
  • Food Services Company

For More Insights On Market Intelligence, Refer to the Link Below: –

Middle East Catering Market Outlook to 2027

Related Reports by Ken Research:

 Global Catering and Food Service Contractor Market 2019 by Company, Regions, Type and Application, Forecast to 2024

India Catering Services Market Outlook to 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering

Australia Catering Services Market Outlook To 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering

Monday, July 24, 2023

Unlocking The Potential: How Digital Freight Aggregator Platforms And The South Africa CEP Market Will Drive Growth In The Logistics Industry, And What Lies Ahead? : Ken Research

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The Logistics Market in South Africa highly fragmented with highly competitive rivalry among the competitors. Some of the popular Logistics brands like DHL, UPS, Value Logistics, Bidvest, One Logix, Titan Cargo and many more compete on the basis of type of fleet, warehousing space, freight volume, clients, and more.

South Africa Supply Chain Industry

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1. Revolutionizing the Freight Industry: How Digital Freight Aggregator Platforms Deliver Efficient Freight Matching, Better Profitability, Smarter Operations, and Greater Service Quality.

South Africa Supply Chain Industry

Digital freight aggregator platforms offer standardized shipping order posting for shippers, and quick quote options from reliable truckers. Truckers can easily find shipments while on the go, without waiting at logistics parks, resulting in higher income and utilization rates. Shippers enjoy lower shipping costs and more transparent pricing as they can interface directly with truckers, and software supports both shippers and truckers with transportation management systems and data-driven algorithms. The platforms act as an escrow agent, ensuring secure transactions, and provide customer service and dispute resolution protocols.

2. DSV, Schenker, and Rhenus Group lead the way in modernizing South Africa's logistics industry with new state-of-the-art warehouses and storage facilities.

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DSV consolidates Gauteng operations in South Africa to create Africa's largest centralized facility near O.R. Tambo International Airport. The new logistics center covers 130,000 m² of buildings and offers supply chain solutions under one roof. Rhenus Group expands its warehousing space in Durban with a new storage warehouse of 7,700 m², strengthening its local capabilities and creating new jobs. Truworth signs a deal to build a new 53,000 m² Western Cape distribution center in Cape Town, which includes a modern warehouse and storage facilities.

South Africa Supply Chain Industry

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3. Revving Up: How Online Retail, Swift Deliveries, and Tech are Fueling the Explosive Growth of the CEP Market in South Africa.

South Africa Supply Chain Industry

Online retail in South Africa surged by 35% in 2022, spurring demand for home deliveries. The rapid growth of smartphone usage is also driving e-commerce. Courier companies can enhance competitiveness and reduce shipping costs by offering fast, one-day, and same-day delivery options. Firms like Bidvest, Fastway, and The Courier Guy are already providing same-day delivery services. Integration of technology into products, parcels, delivery networks, and warehouses is improving the ROI for CEP companies. The adoption of RFID tags enables real-time tracking and value-added services.

For more insights on market intelligence, refer to the link below: –

South Africa Transportation Market

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Indonesia Logistics Market Outlook to 2027

Singapore Logistics Industry Outlook to 2028

Ignite Your Engines: Explore how the Tech Trends will Shape the Automotive Industry in KSA! : Ken Research

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With a strategic roadmap to reduce oil dependency and curb imports, KSA is stepping on the accelerator to rev up domestic manufacturing and turbocharge industrial development. With a notable decline in import volume during the period of 2016-2021, KSA's government initiatives to build in-house manufacturing capabilities have been gaining traction. As a result, the automotive industry in KSA is experiencing a remarkable growth ride.

Curious to delve deeper into the exciting journey of KSA's automotive market? Read more to uncover the key growth drivers that are sculpting the future of the industry. Discover the strategies, innovations, and potential that lie ahead.

1. To reduce dependence on oil & imports, KSA has made a Strategic framework to develop domestic manufacturing & facilitate industrial development

KSA Automotive Market

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2. As a result, Industrial clusters and the private sector are increasingly investing in the production of advanced mobility materials and vehicle parts

KSA Automotive Market

3. Four Key Trends are Re-Shaping the Automotive Industry with Serious Implications on OEMs and Suppliers in KSA

KSA Automotive Market

4. Further, Huge export opportunities are available in KSA with the establishment of the automotive industrial clusters, helping in filling demand in Africa & other GCC countries as well

KSA Automotive Market

Some of the Intelligence Curated by Ken Research in Automotive Market Space:

  • UK EV Charging Equipment Market Outlook to 2027 Driven by Rising Demand for Eco-friendly Transport and Strong Government Policies and Incentives
  • India MBO Two Wheelers Market Outlook to 2027 Driven by economic recovery after COVID and increasing demand for 2Ws is helping the MBOs players to sustain their market position in the high fragmented market structure
  • USA EV & EV Charging Equipment Market Outlook to 2027 Driven by growing market driven by government support and customer drive towards cost-efficient mobility
  • Global Used Vehicle Market Outlook to 2027 Driven by Type of Market Structure, by Type of Vehicle, by Age of vehicle, by kms Driven and by Region
  • Vietnam Car Rental Market Outlook to 2027F Driven by Increasing Internet Penetration Rate, Tourism and Urbanization

To Know more about this Whitepaper, Visit this link:-

KSA Automotive Market

Remittance flows rose in the Middle East and North Africa (MENA) in 2022, growing an estimated 5% to $620 Bn. Will Remittance Market in MENA region continue to grow? Ken Research

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One of the major trends is the increasing competition in the Remittance Market, with many new players entering the market and existing players expanding their services. This is driving innovation and improving the quality of remittance services, as providers try to differentiate themselves by offering new features and competitive pricing.

MENA Remittance Market

1.Lebanon’s financial crisis worsens

MENA Remittance Market

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Lebanon currently enduring an unprecedented economic crisis, pushing large numbers of people into poverty and triggering the largest anti-government protests in over a decade. As this infographic shows, IMF estimates put the country's national debt at 162 percent of GDP in 2020 - the fourth highest in the world.

As Lebanon’s financial crisis worsens, the Lebanese became increasingly dependent on the financial support from family members abroad. In the last year, remittance inflows constituted a lifeline for many struggling families and communities. In turn, the country became the second top remittance recipient in the world in terms of percentage of GDP. According to the World Bank, in 2022, the remittance inflows in Lebanon are estimated at 38% of the country’s GDP, a significant jump from 25.6% and 14.4% respectively in the years 2020 and 2019.

 2.Foreign Remittance is helping poor economies to scale

MENA Remittance Market

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Some studies have found evidence favouring foreign aid’s positive impact in more significant growth in human capital, rapid accumulation of capital, and improved welfare for the recipient economies. The proponents believe in the positive effect of foreign aid as it helps the poor economies achieve higher economic growth levels by eliminating the difference between investments and saving. Foreign aid becomes vital for developing economies through better utilization of domestic resources and bridging the gap between savings and foreign exchange created due to lack of foreign currency. Usually, foreign aid is aimed to enhance economic welfare and support economic growth; however, foreign aid’s effectiveness on economic growth has been a substantial debate.

Market Taxonomy

By Mode of Transfer

  • Digital
  • Traditional

By Type of Remittance

  • Inward Remittance
  • Outward Remittance

By Type of Channel

  • Banks
  • Money Transfer Operators
  • Online Transfers

By Type of End Use

  • Migrant Labor Workforce
  • Personal
  • Small Business
  • Others

By Region

  • North Africa
  • Middle East

Key Target Audience:

  • Banks
  • Money Transfer Operators
  • Digital Payment Companies
  • M-Wallet Companies
  • Bills Payments Companies
  • Investors & Venture Capital Firms
  • Government Bodies
  • Mobile Money Companies
  • Al Dar for Exchange Works
  • Al Fardan Exchange
  • Al Jazeera Exchange
  • Unimoni Exchange
  • Gulf Exchange
  • Doha Exchange
  • Al Mana Exchange
  • Habib Qatar International Exchange
  • Travelex

Time Period Captured in the Report:

  • Historical Period:2017-2022
  • Base Year: 2022
  • Forecast Period: 2022-2027

Key Players Covered:

  • Al Dar for Exchange Works
  • Al Fardan Exchange
  • Al Jazeera Exchange
  • Unimoni Exchange
  • Gulf Exchange
  • Doha Exchange
  • Al Mana Exchange
  • Habib Qatar International Exchange
  • Travelex
  • Citi Group
  • Bank of America
  • OFX
  • JP Morgan Chase

For More Insights On Market Intelligence, Refer to the Link Below: –

MENA Remittance Market Outlook to 2027

Related Reports by Ken Research:

Global Remittance Market Outlook to 2027

Germany Remittance Market Outlook to 2027F

The US Data Center Market is poised to register a growth of 9% from 2022-2027 owing to a boost given to the sector in the aftermath of COVID-19 alongside massive investment influx. Will the projections justify the Growth Rate: Ken Research

 1. “Covid-19 providing a boost:” The Covid-19 situation actually ended up boosting the US data center market as a result of more people opting for work from home.

US Data Center Market Outlook

Click to Read Full Article: US Data Center Market Outlook to 2027

With fewer people out in public during the pandemic, the internet has seen a rise in global traffic. Many organizations have encouraged working from home and limiting the number of staff and employees on site. As a result, Data centers are essential for keeping business operations running smoothly. There was a 30-35% increase in data centers capacity due to the trend of remote working and increased internet usage in 2021. This growing demand for data center capacity drives the market growth in the post-pandemic situation.

2. “Investment to soar high:’ US Data Center & Cloud services Market is getting massive investment boost & emergence of new startups”

US Data Center Market

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Various companies operating in the US Data Center & Cloud Services market are getting massive investment influx owing to government regulations & the infrastructure development. For instance, Google decided to invest $13 Bn to increase its grip in the US Data Centre Market Moreover, Iron Mountain acquired IO Data Center’s US operations for $1 Bn. All in all, the market is currently growing at a robust rate with startups & companies showing interest in entering the US market owing to vast opportunities.

Market Taxomony:-

US Data Center Market Segmentation

By Type of Services

  • Monitoring Services
  • Professional Services
  • System Integration

By Solution

  • Power
  • Server
  • Management Software
  • Networking Technology
  • Cooling

By Type

  • Enterprise Data Center
  • Managed Service Data Center
  • Colocation Service Data Center
  • Cloud Service Data Center

By End-User

  • Healthcare
  • IT
  • Telecom

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Key Target Audience:

  • Hospital
  • ASC
  • Consulting service Providers
  • Government
  • IT Service providers

Time Period Captured in the Report:

  • Historical Period:2017- 2022
  • Base Year: 2022
  • Forecast Period: 2022-2027

Companies Covered:

  • Amazon Web Services
  • Google Clouds
  • Cyrus One
  • NTT
  • IBM
  • Verizon
  • Flexential
  • Switch
  • Microsoft Corporation

For more insights on market intelligence, refer to the link below: –

US Data Center Market Outlook to 2027

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KSA Data Center and Cloud Services Market Outlook to 2026F

Thailand Data Center and Cloud Services Market Outlook to 2027

Unlocking Brazil's Cold Chain Potential: Exploring Market Growth Propelled by Rapidly Increasing Trade – Ken Research

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With increasing exports and imports, Brazil's Cold Chain Market is poised for significant growth. However, challenges such as dependence on the road sector, certification requirements, and technology lag hinder its progress. Robust certifications and advancements in logistics and storage solutions are needed to ensure product quality and safety. As Brazil aims to strengthen its position in global trade, it becomes crucial to analyze market dynamics and drivers for growth. So, will the market achieve double-digit CAGR growth? Let's find out

1. Cold Chain Industry in Brazil has been constantly evolving due to demand of such facilities driven by export and import of certain products

Cold Chain Industry in Brazil

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2. However, there still remain some road blocks like Lack of infrastructure, transport security, and increasing operational costs that restrain the growth in the Brazil Cold Chain Market

Cold Chain Industry in Brazil

2.1. Dependence on road sector, certifications and technology lag are some of the other challenges faced in the Brazil Cold Chain Market

Cold Chain Industry in Brazi

3. Still, Increasing exports of perishable products and growing demand from chemical sector coupled with an increase in per capita income is driving the cold chain market in Brazil

Cold Chain Industry in Brazil

4. Moreover, increasing government initiatives, rising per capita income, and growing exports of certain products will enable the Brazil cold chain market to grow with double-digit CAGR

Cold Chain Industry in Brazil

Some of the Intelligence Curated by Ken Research in Cold Chain Market Space:

  • Indonesia Cold Chain Market Outlook to 2026F Driven by Rising Fisheries Industry & Convenience Food Consumption Owing to Growing Population and Infrastructural Development
  • Thailand Cold Chain Market Outlook to 2026F Driven by Rising Import-Export Trade Volume and Domestic Consumption of Meat, Seafood and Popularity of Ready to Eat Frozen Processed Food
  • Singapore Cold Chain Market Outlook to 2026F Driven By Rising Meat and Seafood Consumption Coupled With Demand for Temperature Sensitive Health Care Products
    Portugal Cold Chain Market Outlook to 2026F: Driven by Rising Packaged Foods Consumption Owing to Growing Millennial Population
  • KSA Logistics Market Outlook to 2026 driven by infrastructural enhancement, administration & regulatory reforms, privatization of logistics sector

To Know more about this Whitepaper, Visit this link:-

Brazil Cold Chain Market

With Clean Energy & digitalization trends in place, massive investment inflow alongside a growth rate of 11% is being anticipated for Africa’s Data Center & Cloud Services Market. Are Policy Reforms the way ahead? : Ken Research

 Africa’s Data Center & Cloud Services market is experiencing a series of digitalization & clean energy reforms with companies anticipated to expand their market share in the upcoming years, says a report by Ken Research

1. “Digitalization as a boon:” African economy has seen a massive breakthrough in terms of digitalization attracting a massive investment inflow.

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In the last couple of years, South Africa has attracted data center infrastructure investments from big tech companies like Google, Amazon, Microsoft, and Oracle, as well as other data center infrastructure companies like Teraco, Africa Data Centers, and Convergence partners. Most of the development is the market is being carried out of as a result of rapid digitalization which means that tons of data is being produced, driving up the demand for public cloud facilities and hyper-availability zones. Companies like Amazon & Microsoft were amongst the first to recognize the massive opportunity in 2019, utilizing local data facilities to power their public clouds in South Africa. Today, over 80% of the space in these facilities is used by these public cloud providers, or hyperscalers as they are known.

2. Clean energy is becoming the trend with African companies opting to integrate clean energy sources.

A new trend has emerged in the African Data Centre market with companies opting for clean energy technologies. Africa Data Centers has a target to power all its data centers with clean, zero-carbon sources of energy. “This new deal will provide over 30% of our South African data centers with renewable energy, a great stride forward in our aim to reach carbon neutrality.”

DPA is a pan-African renewable energy company with key operations in South Africa, Kenya and Zimbabwe whose vision is to power Africa to a brighter future. Commenting on the partnership Norman Moyo, CEO of DPA, said: “Our customers are looking for cost-effective and efficient ways of meeting their green targets and reduce energy costs for their businesses in a climate of increased power shortages. We are excited to embark on this milestone project with Africa Data centers as it will demonstrate our innovation in deploying renewable energy solutions.”

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Africa Data Center and Cloud Service Market Segmentation

By Type of Services

  • Monitoring Services
  • Professional Services
  • System Integration

By Solution

  • Power
  • Server
  • Management Software
  • Networking Technology
  • Cooling

By Tyeps

  • Enterprise Data Center
  • Managed Service Data Center
  • Colocation Service Data Center
  • Cloud Service Data Center

By End-Africaer

  • Healthcare
  • IT
  • Telecom

Key Target Audience:

  • Hospital
  • ASC
  • Consulting service Providers
  • Government
  • IT Service providers

Time Period Captured in the Report:

  • Historical Period:2017- 2022
  • Base Year: 2022
  • Forecast Period: 2022-2027

For more insights on market intelligence, refer to the link below: –

Africa Data Center & Cloud Services Market Outlook to 2027

Related Reports by Ken Research:-

Thailand Data Center & Cloud Services Market Outlook 2027

KSA Data Center & Cloud Services Market Outlook 2026

UAE Data Centre & Cloud Services Market Outlook 2026