Saudi Arabia Cloud Services Market Size and Share 2023, Growth Drivers, Business Opportunity and Future Trends 2022-2032: SPER Market Research
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- March 17, 2023
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According to SPER Market Research, Data centre infrastructure, services, and cloud computing solutions are given by the quickly expanding KSA (Kingdom of Saudi Arabia) data centre and cloud services market to enterprises and organisations operating in Saudi Arabia. Colocation and managed service providers, cloud service providers, telecom operators, and IT solution providers are just a few of the many different types of providers available today. The adoption of cloud computing, big data analytics, and the Internet of Things (IoT) by businesses of all sizes is a key factor in the expansion of the KSA data centre and cloud services industry. As more Saudi Arabian enterprises learn about the benefits of cloud services, including cost savings, scalability, and flexibility, the demand for these services is increasing. The Saudi government has actively promoted the growth of the data centre and cloud services industries in the country with its Vision plan, which aims to restructure the economy of the country and reduce its reliance on oil. The project has a focus on digital transformation, which has inspired businesses in the area to invest more in IT infrastructure and employ cloud services. A wide range of domestic and international businesses are vying for market share in the fiercely competitive market for data centres and cloud services in KSA. As more Saudi Arabian companies learn about the benefits of cloud services, including cost savings, scalability, and flexibility, the demand for these services is increasing. The Saudi government has actively promoted the growth of the data centre and cloud services sectors in the country with its Vision plan, which aims to restructure the economy of the country and reduce its reliance on oil.
KSA Data Center and Cloud Services Market Overview:
- Forecast CAGR (2022-2032): XX%
- Forecast Market Size (2032): XX billion
The project places a focus on digital transformation, which has inspired businesses in the area to invest more in IT infrastructure and cloud services. With numerous domestic and international businesses vying for market share, the market for data centres and cloud services in KSA is fiercely competitive. The market for data centres and cloud services in the Kingdom of Saudi Arabia is expected to continue growing in the years to come as more businesses in the region adopt cloud computing and digital transformation becomes a top priority for the Saudi government.
The COVID-19 outbreak has had a major impact on the KSA’s (Kingdom of Saudi Arabia) industry for data centres and cloud services. The pandemic has caused local businesses to face a number of challenges, but it has also accelerated the use of cloud services and digital transformation initiatives, driving up demand for data centre infrastructure and cloud solutions. One of the pandemic’s most significant consequences on the KSA data centre and cloud services industry has been the rapid shift towards remote working and virtual collaboration. Companies were forced to function remotely in order to comply with social distancing standards, which increased demand for cloud-based tools and services including video conferencing, file sharing, and project management software. In order to support remote working, organisations have been looking for scalable and secure solutions, which has increased demand for cloud infrastructure and services.
KSA Data Center and Cloud Services Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Cloud Service Market, DetaSad, Gateway Gulf, Go DC, Gulf Data Hub, Mobily,Nashirnet, Nournet, Nournet, Salam, STC.
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KSA Data Center and Cloud Services Market Segmentation:
By Type of Data Center: Based on the Type of Data Center, KSA Data Center and Cloud Services Market is segmented as; Co-Location Data Centers, Managed Data Centers.
By Type of Cloud Services: Based on the Type of Cloud Services, KSA Data Center and Cloud Services Market is segmented as; Cloud Application Infrastructure Service (PaaS), Cloud Application Service (SaaS), Cloud System Infrastructure Services (IaaS).
By Type of Co-Location Data Center on the basis of Number of Racks: Based on the Type of Co-Location Data Center on the basis of Number of Racks, KSA Data Center and Cloud Services Market is segmented as; Retail Co-Location Data Centers, Wholesale Co-Location Data Centers.
By Type of Clients: Based on the Type of Clients, KSA Data Center and Cloud Services Market is segmented as; Domestic Clients, Global Clients.
By Type of Tier Level: Based on the Type of Tier Level, KSA Data Center and Cloud Services Market is segmented as; Tier II Data Centers, Tier III Data Centers, Tier IV Data Centers.
By Type of End Users: Based on the Type of End Users, KSA Data Center and Cloud Services Market is segmented as; Communication and Media, E-Commerce, Government, IT/ITes, Retail, Telecom, Transport and Logistics.
By Region: This report also provides the data for key regional segments of Dammam, Jeddah, Riyadh, Others.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link: –
KSA Data Center and Cloud Services Market Trends
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