The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), UAE Cloud Computing Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
UAE Cloud Computing Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, 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 report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in UAE Cloud Computing Market Segmentation?
The report has segmented the market 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)
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. Additionally, the increasing prevalence of user and resource mobility, coupled with a rising trend in cloud migration applications, is expected to further drive the adoption of hybrid cloud models. Major companies such as IBM, AWS, and others have introduced a range of hybrid cloud services in the UAE to cater to the evolving demands of end-users. For instance, in 2023, First Abu Dhabi Bank (FAB) announced its collaboration with IBM to advance the hybrid cloud transformation journey. Hence, this highlights the growing importance of hybrid cloud solutions in meeting the diverse needs of organizations 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)
By Region
– Dubai
– Abu Dhabi & Al Ain
– Sharjah & Northern Emirates
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Key Factor Driver UAE Cloud Computing Industry Growth by 2030
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,
Who are the Key Players Operating in the UAE Cloud Computing Industry?
The top companies of the UAE Cloud Computing market ruling the industry are:
- Microsoft Corporation, Inc.
- IBM Corporation
- Oracle Corporation
- Amazon Web Services, Inc.
- Alibaba Cloud
- Salesforce Inc.
- SAP
- Etisalat
- Adobe Inc.
- Rackspace Technology
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the UAE Cloud Computing Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the UAE Cloud Computing industry?
- Which is the Leading segment in the market?
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