Middle East and North Africa Cloud Computing Market Size, and Market Trends by Enterprise Size (Large Enterprises, Small & Medium Enterprises), by Service (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)), by Deployment (Public, Private, and Hybrid), by End Use (BFSI, IT & Telecom, Retail & Consumer Goods, Manufacturing, Energy & Utilities, Healthcare, Media & Entertainment, Government & Public Sector, and Others): Market Analysis and Industry Forecast, 2023-2030.
Middle East and North Africa Cloud Computing Market
Middle East and North Africa (MENA) Cloud Computing was valued at US$ 18,257.96 Mn in 2022, estimated to reach US$ 84,262.81 Mn in 2030, with a CAGR of 21.07% from 2023-2030.
The market is expected to grow due to factors such as cloud computing's functional ability to improve business performance in large enterprises, the growing demand for hybrid models and Omni-cloud systems, and pay-as-you-go models. Furthermore, as businesses strive to improve their digital activities, cloud services have grown in popularity in developing nations. Various government initiatives to protect data integrity and safety are also contributing to the industry's growth. Furthermore, the COVID-19 pandemic has increased the use of hybrid work models and cloud computing.
Market Drivers
Business Expansion by key players in the MENA is anticipated to fuel market growth. AWS, Microsoft, IBM, and Oracle are expanding their operations in the Middle East and Africa by launching regionally tailored projects. For example, in June 2019, Microsoft opened a data center in Dubai to expand its presence and provide cloud computing services to regional clients. In addition, in July 2020, Oracle will open a regional hub for its cloud data center in the Middle East and Africa in Jeddah, Saudi Arabia.
Furthermore, rapid digitization is forcing organizations to update their infrastructure and application landscape to increase cost-effectiveness and business agility. By implementing cloud solutions and services, organizations can successfully support their core business operations, migrate business workloads to a cloud platform, and reduce network latency.
Market Restraints
One of the primary reasons for the slowdown in cloud adoption is a shortage of skilled workers in this field. The demand and supply for cloud computing professionals are vastly out of balance. The adoption of cloud computing services increases the demand for technically skilled labor as well as competent change management to install and operate cloud services in organizations.
Most employees are resistant to change and expand their skill sets, which slows the transformation of an organization. Because of these variables, businesses that do not adapt to new developments risk losing customers and profits, while competitors can increase their market share and clientele.
Market Segmentation
The MENA cloud computing market is segmented into Enterprise Size such as Large Enterprises, Small & Medium Enterprises. By Service, the market is segmented into Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). By development, the market is segmented into Public, Private, and Hybrid. Further, the market is segmented into end-use such as BFSI, IT & Telecom, Retail & Consumer Goods, Manufacturing, Energy & Utilities, Healthcare, Media & Entertainment, Government & Public Sector, and Others.
Regional Analysis
Saudi Arabia is expected to have the highest CAGR of 24.29% during the forecast period. Because of this, cloud computing providers are focusing on expanding their business in Saudi Arabia through strategic partnerships with distributors and suppliers in order to increase their market presence.
In 2022, the United Arab Emirates country captured 13.10% of the revenue share in the Cloud Computing market.
Key Players
Edarat Group, Alibaba Cloud, AWS, Microsoft Azure, Khazna, Ehdf Data Center, IBM Cloud Profile (UAE), Oracle Cloud Profile (Saudi Arabia), Injazat Data Systems, BIOS Middle East Group, Etisalat, Teraco Data Environment, Zain, Oman Data Center, Raya Data Center, etc.
Market Taxonomy
By Enterprise Size
• Large Enterprises
• Small & Medium Enterprises
By Service
• Infrastructure as a Service (IaaS)
• Platform as a Service (PaaS)
• Software as a Service (SaaS)
By Deployment
• Public
• Private
• Hybrid
By End-Use
• BFSI
• IT & Telecom
• Retail & Consumer Goods
• Manufacturing
• Energy & Utilities
• Healthcare
• Media & Entertainment
• Government & Public Sector
• Others
By Country
• Algeria
• Bahrain
• Egypt
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Libya
• Morocco
• Oman
• Qatar
• Saudi Arabia
• Syria
• Tunisia
• United Arab Emirates
• Yemen
Middle East & North Africa Cloud Computing Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Middle East & North Africa Cloud Computing Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due to Recent Energy Crisis
4.2.5 Cumulative Impact Due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Middle East & North Africa Cloud Computing Market, By Enterprise Size
5.1 Y-o-Y Growth Comparison, By Enterprise Size
5.2 Middle East & North Africa Cloud Computing Market Share Analysis, By Enterprise Size
5.3 Middle East & North Africa Cloud Computing Market Size and Forecast, By Enterprise Size
5.3.1 Large Enterprises
5.3.2 Small & Medium Enterprises
6 Middle East & North Africa Cloud Computing Market, By Service
6.1 Y-o-Y Growth Comparison, By Service
6.2 Middle East & North Africa Cloud Computing Market Share Analysis, By Service
6.3 Middle East & North Africa Cloud Computing Market Size and Forecast, By Service
6.3.1 Infrastructure as a Service (IaaS)
6.3.2 Platform as a Service (PaaS)
6.3.3. Software as a Service (SaaS)
7 Middle East & North Africa Cloud Computing Market, By Deployment
7.1 Y-o-Y Growth Comparison, By Deployment
7.2 Middle East & North Africa Cloud Computing Market Share Analysis, By Deployment
7.3. Middle East & North Africa Cloud Computing Market Size and Forecast, By Deployment
7.3.1 Public
7.3.2 Private
7.3.3 Hybrid
8. Middle East & North Africa Cloud Computing Market, By End Use
8.1 Y-o-Y Growth Comparison, By End Use
8.2 Middle East & North Africa Cloud Computing Market Share Analysis, By End Use
8.3 Middle East & North Africa Cloud Computing Market Size and Forecast, By End Use
8.3.1 BFSI
8.3.2. IT & Telecom
8.3.3. Retail & Consumer Goods
8.3.4. Manufacturing
8.3.5. Energy & Utilities
8.3.6. Healthcare
8.3.7. Media & Entertainment
8.3.8. Government & Public Sector
8.3.9. Others
9 Middle East & North Africa Cloud Computing Market, By Country
9.1 Middle East & North Africa Cloud Computing Market Share Analysis, By Country
9.2 Middle East & North Africa Cloud Computing Market Share Analysis, By Country
9.3 Middle East & North Africa Cloud Computing Market Size and Forecast, By Country
9.3.1. Algeria
9.3.2. Bahrain
9.3.3. Egypt
9.3.4. Iran
9.3.5. Iraq
9.3.6. Israel
9.3.7. Jordan
9.3.8. Kuwait
9.3.9. Lebanon
9.3.10 Libya
9.3.11. Morocco
9.3.12. Oman
9.3.13. Qatar
9.3.14. Saudi Arabia
9.3.15. Syria
9.3.16. Tunisia
9.3.17. United Arab Emirates
9.3.18. Yemen
10. Competitive Analysis
10.1 Competition Dashboard
10.2 Market Share Analysis of Top Vendors
10.3 Key Development Strategies
11 Company Profiles
11.1 Edarat Group
11.1.1 Overview
11.1.2 Offerings
11.1.3 Key Financials
11.1.4 Business Segment & Geographic Overview
11.1.5 Key Market Developments
11.1.6 Key Strategies
11.2. Alibaba Cloud
11.2.1 Overview
11.2.2 Offerings
11.2.3 Key Financials
11.2.4 Business Segment & Geographic Overview
11.2.5 Key Market Developments
11.2.6 Key Strategies
11.3. AWS
11.3.1 Overview
11.3.2 Offerings
11.3.3 Key Financials
11.3.4 Business Segment & Geographic Overview
11.3.5 Key Market Developments
11.3.6 Key Strategies
11.4 Microsoft Azure
11.4.1 Overview
11.4.2 Offerings
11.4.3 Key Financials
11.4.4 Business Segment & Geographic Overview
11.4.5 Key Market Developments
11.4.6 Key Strategies
11.5 Khazna
11.5.1 Overview
11.5.2 Offerings
11.5.3 Key Financials
11.5.4 Business Segment & Geographic Overview
11.5.5 Key Market Developments
11.5.6 Key Strategies
11.6 Ehdf Data Center
11.6.1 Overview
11.6.2 Offerings
11.6.3 Key Financials
11.6.4 Business Segment & Geographic Overview
11.6.5 Key Market Developments
11.6.6 Key Strategies
11.7 IBM Cloud Profile (UAE)
11.7.1 Overview
11.7.2 Offerings
11.7.3 Key Financials
11.7.4 Business Segment & Geographic Overview
11.7.5 Key Market Developments
11.7.6 Key Strategies
11.8 Oracle Cloud Profile (Saudi Arabia)
11.8.1 Overview
11.8.2 Offerings
11.8.3 Key Financials
11.8.4 Business Segment & Geographic Overview
11.8.5 Key Market Developments
11.8.6 Key Strategies
11.9 Injazat Data Systems
11.9.1 Overview
11.9.2 Offerings
11.9.3 Key Financials
11.9.4 Business Segment & Geographic Overview
11.9.5 Key Market Developments
11.9.6 Key Strategies
11.10 BIOS Middle East Group
11.10.1 Overview
11.10.2 Offerings
11.10.3 Key Financials
11.10.4 Business Segment & Geographic Overview
11.10.5 Key Market Developments
11.10.6 Key Strategies
11.11 Etisalat
11.11.1 Overview
11.11.2 Offerings
11.11.3 Key Financials
11.11.4 Business Segment & Geographic Overview
11.11.5 Key Market Developments
11.11.6 Key Strategies
11.12. Teraco Data Environment
11.12.1 Overview
11.12.2 Offerings
11.12.3 Key Financials
11.12.4 Business Segment & Geographic Overview
11.12.5 Key Market Developments
11.12.6 Key Strategies
11.13 Zain
11.13.1 Overview
11.13.2 Offerings
11.13.3 Key Financials
11.13.4 Business Segment & Geographic Overview
11.13.5 Key Market Developments
11.13.6 Key Strategies
11.14 Oman Data Center
11.14.1 Overview
11.14.2 Offerings
11.14.3 Key Financials
11.14.4 Business Segment & Geographic Overview
11.14.5 Key Market Developments
11.14.6 Key Strategies
11.15 Raya Data Center
11.15.1 Overview
11.15.2 Offerings
11.15.3 Key Financials
11.15.4 Business Segment & Geographic Overview
11.15.5 Key Market Developments
11.15.6 Key Strategies
