Markntel Advisors’ report, UAE Cloud Computing Research Report: Industry Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the UAE Cloud Computing presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
UAE Cloud Computing Market Industry Research Report Market Summary:
The UAE Cloud Computing Market size is estimated to grow at a CAGR of around 36.12% during the forecast period, i.e., 2024–30. The increasing digital transactions, online activities, and widespread deployment of IoT devices have collectively contributed to an unprecedented volume of data generation, which requires cloud computing services for smooth processing. Businesses across the UAE are grappling with the challenge of efficiently managing, processing, and storing this immense amount of data. As a result, organizations are increasingly turning to cloud service providers to meet their expanding data storage and processing demands. Cloud computing provides a scalable and flexible infrastructure that allows businesses to dynamically adjust their computing and storage resources based on current requirements, positively enhancing the market size.
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UAE Cloud Computing Market Dynamics:
Key Driver-
Surging Digital Transformation Initiatives Driving the Cloud Computing Industry – In recent years, the United Arab Emirates (UAE) has been at the forefront of embracing digital transformation, with both government entities and businesses actively pursuing initiatives to modernize their IT infrastructure and processes. Consequently, there has been a noticeable surge in the desire for cloud computing solutions throughout the country. The UAE government has outlined ambitious visions and strategies, such as UAE Vision 2021 and the Dubai Smart City project, that emphasize the importance of digital transformation. For instance,
- In 2023, the UAE Central Bank announced a new digital currency, open finance, and a domestic card payment initiative to accelerate digital transformation in the financial services sector.
These initiatives serve as catalysts for technological progress, fostering an environment conducive to the widespread adoption of cloud computing, which would positively augment market growth during 2024–2030.
UAE Cloud Computing Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Service Type
- Infrastructure-as-a-Service- Market Size Forecast 2019-2030, (USD Million)
- Platform-as-a-Service- Market Size Forecast 2019-2030, (USD Million)
- Software-as-a-Service- Market Size Forecast 2019-2030, (USD Million)
The Infrastructure-as-a-Service (IaaS) segment gained significant demand owing to data center expansions, the growth of e-commerce online services, etc.
By Deployment Type
- Public Cloud- Market Size Forecast 2019-2030, (USD Million)
- Private Cloud- Market Size Forecast 2019-2030, (USD Million)
- Hybrid Multi Cloud- Market Size Forecast 2019-2030, (USD Million)
The demand for hybrid multi-cloud is expected to increase in the UAE Cloud Computing Market during 2024–2030, propelled by their growing adoption across diverse industries, notably among small and medium enterprises (SMEs) in the UAE.
By Enterprise Size
- Large- Market Size Forecast 2019-2030, (USD Million)
- Small Medium- Market Size Forecast 2019-2030, (USD Million)
By End User
- Banking, Financial Services Insurance (BFSI)- Market Size Forecast 2019-2030, (USD Million)
- Government Public Sector- Market Size Forecast 2019-2030, (USD Million)
- IT Telecom- Market Size Forecast 2019-2030, (USD Million)
- Healthcare- Market Size Forecast 2019-2030, (USD Million)
- Education- Market Size Forecast 2019-2030, (USD Million)
- Retail- Market Size Forecast 2019-2030, (USD Million)
- Others (Real Estate, Manufacturing, etc.) - Market Size Forecast 2019-2030, (USD Million)
The BFSI (Banking, Financial Services and Insurance) segment witnessed a burgeoning growth in the historical years since this segment was the early adopter of services to offer their customers secure reliable access to their financial services.
By Region
- Dubai
- Abu Dhabi Al Ain
- Sharjah Northern Emirates.
As indicated in the latest market research report published by Markntel Advisors, “UAE Cloud Computing Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the UAE Cloud Computing. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/uae-cloud-computing-market.html
Top Companies Operating in the UAE Cloud Computing Market:
- Microsoft Corporation, Inc.
- IBM Corporation
- Oracle Corporation
- Amazon Web Services, Inc.
- Alibaba Cloud
- Salesforce Inc.
- SAP
- Etisalat
- Adobe Inc.
- Rackspace Technology
- Others.
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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Key Report Highlights:
- Market Dimensions Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography UAE Cloud Computing Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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