Home > Software News:
|
Watch News Feed
Bestsellers Software
|
(I-SoftwareNews.Com, November 08, 2016 ) The report "Middle East Cloud Infrastructure Services Market by Service Type (PaaS, IaaS, CDN/ADN, Managed Hosting & Colocation Services), Service Provider, Deployment Model, Industry Vertical, and Country (KSA, UAE & Qatar) - Forecast to 2021", The Middle East cloud infrastructure services market is estimated to grow from USD 2.31 Billion in 2016 to USD 7.46 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 26.4%.
Browse 66 market data Tables and 49 Figures spread through 143 Pages and in-depth TOC on "Middle East Cloud Infrastructure Services Market - Forecast to 2021" Download PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=232083679 Early buyers will receive 10% customization on this report.
The major forces driving the Middle East cloud infrastructure services market are easy access to disaster recovery, faster deployment of infrastructure services & scalability features, and enhanced efficiency & business productivity. The Middle East cloud infrastructure services market is growing rapidly because of the transformation from on-premises infrastructure to cloud-based infrastructure across industries.
Platform as a Service (PaaS) is expected to grow at the highest CAGR
There are various types of cloud infrastructure services offered by service providers such as Platform as a Service (PaaS), Infrastructure as a Service (IaaS), Content Delivery Network / Application Delivery Network (CDN/ADN), managed hosting, and colocation services. As organizations have several applications to run on cloud, it is not feasible to run them without an appropriate interface or middleware. Thus, the demand for PaaS is increasing at the highest CAGR among all service types in the Middle East.
BFSI vertical to have the largest market size in 2016
The Middle East cloud infrastructure services market is also segmented by various industry verticals; the Banking, Financial Services, and Insurance (BFSI) vertical is expected to contribute the maximum to the market growth as there is an increasing need for business agility, cost savings, and assertion of business continuity across this vertical.
Kingdom of Saudi Arabia (KSA) is expected to dominate the Middle East cloud infrastructure services market during the forecast period
KSA is expected to hold the largest share of the Middle East cloud infrastructure services market in 2016 due to the higher IT skills and higher IT budgets across industries in the country. However, the market in Qatar is expected to grow at the highest CAGR between 2016 and 2021. The primary driving forces for this growth are technological advancements, along with mandatory regulations imposed by government regulatory entities to adopt the best-in-class technology and standards.
The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Some of the major technology vendors include Cisco Systems (U.S.), IBM Corporation (U.S.), HP Enterprise (U.S.), Equinix, Inc. (U.S.), AWS (U.S.), Microsoft Corporation (U.S.), Injazat Data Systems (UAE), Malomatia (Qatar), Etisalat (UAE), Orixcom (Ireland), and eHosting Datafort (Kuwait).
Speak to Analyst@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=232083679
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact: Mr. Rohan Markets and Markets 701 Pike Street, Suite 2175, Seattle, WA 98101, United States 1-888-600-6441 Email: sales@marketsandmarkets.com
MarketsandMarkets
Mr. Rohan
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com
Source: EmailWire.com
|
|
|
|
I-SoftwareNews.Com Sponsors
|
|
|
|