Public Cloud - Algeria

  • Algeria
  • In Algeria, revenue in the Public Cloud market is projected to reach US$933.20m in 2024.
  • Platform as a Service is anticipated to dominate the market in Algeria with a projected market volume of US$356.00m in 2024.
  • Revenue in Algeria is expected to show an annual growth rate (CAGR 2024-2029) of 16.08%, resulting in a market volume of US$1,967.00m by 2029.
  • In global comparison, most revenue will be generated the United States, amounting to US$388.50bn in 2024.
  • Algeria's public cloud market is increasingly influenced by government initiatives aimed at enhancing digital transformation and improving local data management capabilities.

Key regions: United States, Germany, China, Japan, United Kingdom

 
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Analyst Opinion

The Public Cloud market in Algeria is experiencing considerable growth, driven by factors such as increasing adoption of digital technologies, rising awareness of the benefits of online services, and the convenience offered by cloud solutions. This growth is further supported by the various sub-markets, including Infrastructure, Platform, Software, Business Process, Desktop, and Disaster Recovery as a Service. The growing demand for these services, coupled with the country's favorable business environment, is contributing to the market's overall growth rate.

Customer preferences:
As the technology landscape continues to evolve in Algeria, there has been a notable shift towards the adoption of public cloud services. This can be attributed to the growing demand for remote work solutions and the need for businesses to be agile and scalable. The younger generation, in particular, is driving this trend as they prioritize convenience and flexibility in their work and personal lives. Additionally, with the rise of e-commerce and online services, there is a growing need for reliable and secure cloud infrastructure to support digital transactions and data storage. This trend is expected to continue as more businesses and individuals embrace the benefits of cloud computing.

Trends in the market:
In Algeria, the Public Cloud Market is experiencing a shift towards hybrid cloud solutions, with many organizations adopting a combination of public and private cloud services. This trend is driven by the need for flexibility and cost-effectiveness, as well as the growing demand for data storage and processing capabilities. Additionally, there is a rise in the adoption of cloud-based software as a service (SaaS) solutions, particularly in the e-commerce and education sectors. These trends are significant as they enable businesses to scale up their operations and improve their efficiency. However, they also pose challenges for industry stakeholders, such as data security and compliance with local regulations. As the market continues to evolve, it is crucial for businesses to stay informed about these trends and adapt their strategies accordingly.

Local special circumstances:
In Algeria, the Public Cloud Market is experiencing steady growth due to the government's efforts to modernize the country's IT infrastructure. The country's unique geography, with its vast desert and limited internet connectivity, has created a demand for cloud-based solutions that can overcome these challenges. Additionally, the Algerian population's increasing adoption of digital technologies is driving the market, as businesses and individuals seek efficient and secure data storage and management solutions. The country's strict data privacy laws also play a crucial role in shaping the Public Cloud Market, as organizations must comply with these regulations when choosing a cloud provider.

Underlying macroeconomic factors:
The Public Cloud Market in Algeria is influenced by macroeconomic factors such as government initiatives to digitize public services, increasing adoption of cloud-based solutions by businesses, and the growth of the IT sector. The country's economic stability and favorable policies for foreign investment have also contributed to the growth of the market. Furthermore, the rising demand for cost-effective and scalable IT solutions in the region, coupled with the increasing awareness and acceptance of cloud computing, are driving the growth of the Public Cloud Market in Algeria.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of telecommunications infrastructure. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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