Name: UAE Cloud Computing Market By Service Model, By Deployment Model, By Organization Size, By Industry Vertical - Opportunities and Forecast, 2020-2027
SKU: UP303A-00-0420
Availability: InStock

UAE Cloud Computing Market By Service Model, By Deployment Model, By Organization Size, By Industry Vertical – Opportunities and Forecast, 2020-2027

Report Description Table Of Content Sample Request Request For Customization

As per the GMI Research’s latest report, the UAE Cloud Computing market is expected to grow at a CAGR of 38.2% during the forecast period.

UAE Cloud Computing Overview

Cloud computing is the delivery of on-demand computing services such as a server, database, storage, analytics, intelligence, and software through the internet. Cloud computing eliminates the capital expenses of purchasing hardware or software, enhances the overall productivity, is highly reliable, and strengthens the security by protecting the data, apps, and infrastructure from potential threats. Most cloud computing services fall into three categories: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Cloud computing is widely used for testing and building different applications, storing and analyzing data, and streaming audios & videos.

Why Purchase a Standard Report When You Can Customize this Report

Please Let us know your Customization Requirements

Ask Customization

Major UAE Cloud Computing Drivers

The primary factor driving the growth of the UAE Cloud Computing market during the forecast period includes the growing demand for cloud computing technology driven by its data value extraction capabilities using advanced technologies such as blockchain and Artificial Intelligence (AI) in the UAE. The rising adoption of cloud computing across numerous industries such as BFSI, media & entertainment, hospitality, and retail & consumer goods, will drastically drive the demand for cloud computing technologies in the UAE over the coming years. In addition to this, the government has launched several initiatives, including the National Innovation Strategy aims to develop a culture of innovation among individuals and organizations, and the TRA Vision focuses on promoting electronic transformation while encouraging innovation across the UAE. These initiatives are mainly focusing on technological innovation, thereby boosting the usage of cloud computing technologies in the region. Moreover, the other initiatives such as UAE Vision 2021, Dubai Smart City, and Abu Dhabi Vision 2030, will accelerate the demand for real-time operations to transform public services & experience, thus increasing the adoption of cloud computing across the UAE. The increasing volume of data generation on website and mobile applications and the rising need to control and reduce Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) will fuel the growth of emerging technologies including Artificial Intelligence (AI) and Machine Learning (ML). The increasing focus of multinational giants towards enhanced customer experience will propel technological development in the customer-centric applications for driving better customer satisfaction. This emerging demand for technological advancement will encourage the usage of cloud computing technologies in customer apps over the coming years. On the other hand, the rising data security concerns and the lack of skilled workforce in the market will hamper the growth of the UAE Cloud Computing market during the forecast period.

Based on the deployment model, the hybrid cloud segment is expected to grow at a higher CAGR during the forecast period owing to the increasing adoption of hybrid cloud in numerous industries, especially in the Small & Medium Enterprises (SMEs) across the UAE. Moreover, the expanding user and resource mobility and the growing application of cloud migration will encourage the adoption of hybrid cloud. Various multinational giants such as IBM have launched different cloud services in UAE to capture the changing demand of the end-users.

Sample Request

To have an edge over the competition by knowing the market dynamics and current trends of “UAE Cloud Computing Market” request for Sample Report here

Sample Report

Based on organisation size, the Small and Medium-sized Enterprises segment is projected to grow at a higher CAGR during the forecast period due to the increasing adoption of cloud computing technologies by small and medium sized enterprises driven by its remarkable advantages such as high flexibility, easy to use, and cost-effective. It also offers pay-for-what-you-use payment models and reduces operational cost along with customized options as per the end-user needs.

Based on the Vertical, the Retail and Consumer Goods market is estimated to grow at a significant rate during the forecast period. This is attributed to the growing awareness regarding the remarkable benefits offered by the cloud-computing solution and software, among the retailers.

Top Market Players

Various notable players operating in the UAE Cloud Computing market include Amazon Web Services, Inc., Microsoft Corporation, Google LLC, Oracle UAE, IBM Middle East FZ LLC, Alibaba Cloud, Rackspace Inc., Salesforce.com, Inc., Adobe Inc., VMware, Inc., SAP Middle East FZ LLC, Fujitsu United Arab Emirates, among others.

Key Developments:

- In Jan 2020, IBM launched two data centers in UAE, one in Dubai and one in Abu Dhabi, to offer cloud-managed services to organizations and help them to accelerate their journey to hybrid cloud.
- In Jul 2019, Amazon Web Service opened three data centers in Bahrain, UAE, to deliver cloud storage to regional organizations growing demand.
- In Jun 2019, Microsoft launched two regional cloud services from its new data centers in Dubai and Abu Dhabi.

Segments covered in the Report:

The UAE Cloud Computing market is segmented into service model, deployment model, organization size and industry vertical. Based on the service model, the market has been segmented into Infrastructure as a Service, Platform as a Service, Software as a Service. Based on the deployment model, the market has been segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on the organization size, the market has been segmented into Small and Medium Enterprises and Large Enterprises. Based on industry vertical, the market has been segmented into Manufacturing, Healthcare and Life Sciences, IT & Telecom, Retail and Consumer Goods, Energy and Utilities, Media and Entertainment, BFSI, Government and Public Sector.

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Value (USD Million)
Market Segment	By Service Model, By Deployment Model, By Organisation Size, By Industry Vertical
Regional Coverage	UAE
Companies Profiled	Amazon Web Service, Inc., Microsoft Corporation, Google LLC, Salesforce.com, Inc., among others; a total of 12 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation: