What is MEA Cloud Integration Market Scope?
The MEA cloud computing market can still grow as additional businesses across the region plan to migrate their IT infrastructure to the cloud, boost business operations, and improvise processes. Cloud has become a necessary part of enterprises’ IT strategy because of its edges like low prices and increased business agility. Although there are several developments by cloud vendors and governments in regions, cloud spending in MEA is among the bottom across the globe. The adoption of cloud computing services will increase the demand for technically proficient labor and economical amendment management to implement and run cloud services in enterprises effectively. Cloud computing solutions facilitate enterprises to improve business by providing several edges like cost optimization, reliability, manageability, agility, and strategic edge, at the side of the security for essential data.
The MEA Cloud Integration market study is being classified by Type (Consulting, Integration and optimization, Implementation and migration and Application and modernization), by Application (BFSI, Energy and Utilities, Government and Public Sector, Healthcare and Life Sciences, Manufacturing, Retail and Consumer Goods, Telecommunications and Other) and major geographies with country level break-up.
The rising customer preferences toward customized banking, and secondly, the strong penetration of technology. The trend of digitalization has been increasing extensively among large enterprises. The growing connectivity of bandwidth and mobility trends can be seen more among large enterprises due to the presence of a huge workforce. The increasing demand from employees for access to computing resources and applications, from anywhere and at any time, has made it complex for enterprises to store their data properly, maintain and manage their data centers, and focus on their core business operations. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global MEA Cloud Integration market throughout the predicted period.
Microsoft (United States), AWS (United States), IBM (United States), Google (United States), Alibaba Cloud (China), Oracle (United States), SAP (Germany), Salesforce (United States), STC Cloud (Saudi Arabia), Compro (Turkey), Infosys (India) and TCS(India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Ooredoo (Qatar), Fujitsu (Japan) and Huawei (China).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global MEA Cloud Integration market by Type, Application and Region.
On the basis of geography, the market of MEA Cloud Integration has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Rest of Europe), MEA (Saudi Arabia, Turkey, Israel, United Arab Emirates, South Africa, Rest of Africa), North America (United States, Canada, Mexico).
In January 2021, Microsoft had launched a new cloud service, Microsoft Cloud for Financial Services. It thereby delivered differentiated customer experiences, improved employee collaboration, and productivity, and thus manage risks, and modernizes core systems.
Influencing Market Trend
- The Trend of Digitalization Has Been Increasing Extensively
Market Drivers
- The Increasing Demand from Employees for Access to Computing Resources and Applications
- The Growing Connectivity of Bandwidth and Mobility Trends
Opportunities
- Business Expansion by Market Leaders
- Increased Research and Development
Restraints
- Rising Number of Clouds Cyberattacks and Security Breaches
- Implementation Of Cloud-Based Systems Is Costly Process
Challenges
- Lack Of Technical Expertise
Key Target Audience
Providers of MEA Cloud Integration, Governmental and Regulatory bodies and End-Users
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