What is MEA Cloud Infrastructure Services Market?
MEA Cloud Infrastructure Services market is expected to grow in the future due to rising investments by the regional governments and private firms in upcoming technologies. Moreover, increasing awareness among SMEs for cloud technology is fueling demand for the market. Shifting of enterprise workloads to the cloud, large-scale investments in digitization by governments, and business expansions by major players in the MEA region are driving the market.
The market study is being classified by Type (Storage as a Service, Compute as a Service, Disaster Recovery and Backup as a Service, Networking as a Service, Desktops as a Service and Managed Hosting), by Application (SME and Large Organization) and major geographies with country level break-up.
Microsoft (United States), AWS (United States), IBM (United States), Oracle (United States), Google (United States), Alibaba (China), Fujitsu (Japan), Injazat Data Systems (United Arab Emirates), eHosting DataFort (United Arab Emirates) and BIOS Middle East Group (United Arab Emirates) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Orixcom (United Arab Emirates), STC Cloud (Saudi Arabia) and Mobily (Saudi Arabia).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global MEA Cloud Infrastructure Services market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global MEA Cloud Infrastructure Services market by Type, Application and Region.
On the basis of geography, the market of MEA Cloud Infrastructure Services has been segmented into MEA (Middle East, Africa). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Government Initiative for Digital Transformation
- Growing Awareness among SMEs regarding the Advantages of Cloud Technology
Market Trend
- Business Expansion By Global Vendors to Gain the First-Mover Advantage
Restraints
- Lack of Regulatory Framework & Standards
Opportunities
- Rise in Managed IT Services
- Telecom Service Providers Leveraging Existing Infrastructure
Challenges
- Lack of High-Speed Network Connectivity
Market Leaders and some development strategies
In July 2019, Amazon Web Services, Inc. (AWS), an Amazon.com company announced the opening of the AWS Middle East (Bahrain) Region.
In June 2019, Microsoft introduces a cloud region across the Middle East, as it launched two new cloud regions in the United Arab Emirates. These new regions – Microsoft’s first in the Middle East – will empower customers and partners to embrace the benefits of the Fourth Industrial Revolution and achieve more.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Cloud Infrastructure Services Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industry and Others