According to the report analysis, ‘MENA Market Insights on Cloud Infrastructure: Insights and Forecast, 2018-2024: Emphasis on Deployment Type (Public Cloud, Private Cloud), Public Cloud Services (SaaS, PaaS, IaaS, Cloud Advertising, BPaaS), End User (Banking, Financial Services and Insurance, Retail, Telecom & IT, Healthcare, Media & Entertainment, Government Agencies, Education, Energy, Manufacturing, Other Industries)’ states that Cisco System Inc., Equinix Inc., Google Inc., IBM Corporation, Salesforce. Salesforce.com, AT&T Inc, Amazon Web Services Inc., DXC Technology Company, HP Inc., Rackspace Hosting Inc. and many more are the foremost companies which presently functioning in the cloud infrastructure market more actively for keep maintaining the dominant position, obtaining the competitive edge, registering the great value of market share, generating the highest percentage of revenue and leading the highest market growth by improving the qualitative and quantitative measures of such, spreading the awareness connected to the applications and advantages of cloud infrastructure, delivering the better customer satisfaction, decreasing the associated prices of such, employing the young and active personnel, implementing the policies of profit making and strategies of expansion, analysing the strategies and policies of government as well as similar entities and establishing the several research and development programs.
Cloud
computing services market would find prodigious opportunity in the developing
economies. These countries are on the verge of development and shortage in
financial resources, therefore, requirement cost efficient solutions. In this
situation, they can get a chance of saving their IT expenditures by
implementing cloud computing services. With the expanded applications of the
cloud computing services, small as well as the large enterprises are moving to
high technologies comprising cloud computing services to flourish during the
future. The struggle of the developing economics to gain a beneficial position
in the world is acting acts as an opportunity throughout MENA Cloud Infrastructure Market Forecast.
Cloud
computing assist enterprises use remote servers hosted on the internet to
store, manage, and process critical data. The growing volume of data generation
in websites and mobile apps, the augmenting focus on conveying the
customer-centric applications for propelling customer satisfaction, and the augmenting
need to control and decrease the Capital Expenditure (CAPEX) and Operational
Expenditure (OPEX) are a few aspects propelling the growth of the emerging
technologies. Emerging technologies, such as big data, AI, and Machine Learning
(ML), are obtaining traction, leading to the Growth of the Cloud Infrastructure
Market MENA. Major aspects, such as data security, faster Disaster Recovery
(DR), and meeting compliance requirements, are propelling the growth of cloud infrastructure.
The requirement to mitigate risks, achieve scalability and flexibility to move
and store data, reduce storage and infrastructure complexities, and augment
business efficiency leads to the growth of the cloud infrastructure.
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Segmentation by Deployment Model - Public
cloud services controlled prominent share in MENA cloud infrastructure market
followed by private cloud owing to growing requirement for the cost effective
solutions for data storage.
Segmentation by Public Cloud Services - Cloud
advertising public cloud services registered the regional cloud infrastructure
market commonly attributed to surge in number of SMEs and varying perception of
organization and consumers about the advantage and profitability of digital
technology.
Segmentation by Private Cloud Services
- Managed Hosting held the extreme share in regional cloud infrastructure
market due to high frequency bandwidth forward-thinking infrastructure and
unceasing security followed by co- location services.
Segmentation by End-User Industry - Since,
in Telecom & IT sector enormous amount of data is generated, owing to this,
the segment has emerged as the principal adopter of cloud computing and dominated
for foremost share in the region and is projected maintain its dominance throughout
the forecasted period.
Segmentation by Country - UAE
constitute as the principal computing services market in the region followed by
Qatar and Saudi Arabia. Cloud market in UAE is still at nascent stage and is projected
to witness speedy growth in years to come owing to high implementation rate
among SME's and digital transformation agenda.
In
terms of revenue, Middle East and North Africa cloud infrastructure market
displayed remarkable CAGR growth throughout the forecasted duration; 2018-2024.
Owing to constant technological advancements, rising implementation of cloud
infrastructure services among public and private enterprises along with
government agencies has suggestively bolstered the requirement for advanced
technology in the region. In addition, Government's focus to utilize the cloud
computing for broadening access to services delivered by the government,
achieve higher efficiency and improvise service levels and burgeoning
investments in cloud computing has further influenced the market value of cloud
infrastructure in the region.
For More Information, refer to below link:-
Middle East Cloud Infrastructure Market
Research Report
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