According to a new market research report "Middle East and Africa Cloud Infrastructure Services Market by Service Type (Storage as a Service, Compute as a Service, Disaster Recovery & Backup as a Service, Managed Hosting), Deployment Model, Organization Size, Vertical & Country - Forecast to 2023", published by MarketsandMarkets™, the MEA cloud infrastructure services market size expected to grow from $2.80 billion in 2018 to $4.72 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period.The key factors driving the market include initiatives by governments and corporates to promote emerging technologies, such as cloud and analytics; an increasing use of cloud dependent technologies, such as Bring Your Own Device (BYOD) and Internet of Things (IoT); and business continuity requirements resulting in high demand for disaster recovery services.
Browse in-depth TOC on "Middle East and Africa Cloud Infrastructure Services Market” 48- Tables 40- Figures 133- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189038281Disaster recovery and backup as a service segment is expected to grow at highest rate during forecast periodDisaster recovery and backup as a service very critical for enterprises and consumers to protect its data to ensure business continuity at all times.
Moreover, it had been observed that the disaster recovery and backup as a service is being rapidly adopted by enterprises due to its pay-as-you-go pricing model.
The public cloud is based on the cloud computing model which shares resources (such as CPU, servers, and racks) among various businesses depending on its demand.
Due to various benefits of public cloud, such as scalability, reliability, flexibility, utility style costing, and location independence services, public cloud-based deployments are expected record a high growth rate, as compared with private or hybrid cloud deployments.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=189038281Qatar is expected to grow at the highest rate during the forecast periodThe growth of the cloud infrastructure services market in Qatar has started to gain momentum and is expected to grow at the highest growth rate over the next 5 years.
Furthermore, to support this increasing adoption, major market players are also making investments in Qatar.Major vendors providing cloud infrastructure services in the MEA include Microsoft (US), AWS (US), IBM (US), Oracle (US), Google (US), Alibaba (China), Fujitsu (Japan), Injazat Data Systems (UAE), eHosting DataFort(UAE), BIOS Middle East Group(UAE), Orixcom (UAE), STC Cloud (Saudi Arabia), Mobily (Saudi Arabia), Batelco (Bahrain), Emirates Integrated Telecommunications Company (UAE), Ooredoo (Qatar), and Cloud4C (India).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.