Public Cloud

Burundi

Highlights

Revenue in the Public Cloud market is projected to reach US$7.30m in 2024.
Infrastructure as a Service dominates the market with a projected market volume of US$2.55m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 24.74%, resulting in a market volume of US$22.06m by 2029.
In global comparison, most revenue will be generated United States (US$388.50bn in 2024).

Key regions:

Definition:

A public cloud is defined as the digital infrastructure and computing resources that are managed by a service provider. Examples of public cloud computing resources include virtual machines, storage, and services, all of which are available for purchase with flexible (e.g., pay as you go and subscription) business models. Such payment options make it possible for customers to access, scale, and utilize resources as needed. Public cloud solutions make it possible for users to save on IT costs, increase their efficiency, and take advantage of advanced technologies without having to invest in long-term IT solutions. Public cloud service providers own and maintain the physical infrastructure, hardware, and software. Users only need to pay for the computing resources that they require. The Public Cloud market refers to the companies that provide these cloud computing resources and services to individuals, businesses, and organizations.

Structure:

The Public Cloud market is structured into five markets based on the type of service models provided by the companies.

The Infrastructure as a Service (IaaS) market covers the resources and services related to the data center infrastructure.
The Platform as a Service (PaaS) market covers the resources and services related to the virtual environments used for software development.
The Software as a Service market (SaaS) market covers the resources and services related to software applications that can be accessed via a web browser.
The Business Process as a Service (BPaaS) market covers the resources and services related to the various business processes such as finance and accounting, human resources, customer service, and supply chain management, all delivered through the cloud.
The Desktop as a Service (DaaS) market covers the resources and services related to virtual desktop environments, which are accessible from any device with an internet connection.

Additional Information:

The public cloud market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players of the public cloud market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).

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Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Public Cloud market in Burundi is seeing steady growth, driven by factors such as increasing adoption of digital technologies, rising awareness about the benefits of online services, and the convenience offered by cloud solutions. However, the growth rate in this market is subdued, possibly due to challenges in infrastructure development and limited access to internet services in certain regions. This could impact the overall market growth in the coming years.

Customer preferences: As the digital landscape continues to rapidly develop in Burundi, consumers are increasingly looking for convenient and efficient ways to access and manage their data. This has led to a surge in demand for public cloud services, as individuals and businesses seek to store and access their information from anywhere. Furthermore, with the growing emphasis on remote work and virtual collaboration, the public cloud market is expected to witness significant growth in the coming years.

Trends in the market: In Burundi, there is a growing trend towards the adoption of public cloud services, with more businesses and organizations shifting towards cloud-based solutions for their data storage and management needs. This trend is expected to continue in the coming years, driven by the increasing demand for cost-effective and scalable IT infrastructure. As a result, industry stakeholders must keep pace with this trajectory and invest in cloud-based services to remain competitive in the market. This trend also has implications for the IT industry in Burundi, as it creates opportunities for cloud service providers and IT solution companies to expand their offerings and cater to the growing demand for public cloud services.

Local special circumstances: In Burundi, the Public Cloud Market market is greatly influenced by the country's limited internet infrastructure and low technology adoption. The government's efforts to improve connectivity and promote digitalization have led to a slow but steady growth in the market. Additionally, the cultural emphasis on face-to-face interactions and the lack of trust in online services have hindered the widespread adoption of public cloud solutions. However, the market is expected to see growth as more businesses and organizations recognize the benefits of cloud computing and invest in it for their operations.

Underlying macroeconomic factors: The expansion of the Public Cloud Market in Burundi is also impacted by macroeconomic factors, including the country's economic stability and government policies. With a growing economy and favorable fiscal policies, Burundi is creating a conducive environment for businesses to invest in digital technologies such as public cloud services. This is further fueled by the increasing adoption of digital solutions by the government, businesses, and individuals, driving the demand for public cloud services. Additionally, the rising need for cost-effective and scalable IT infrastructure in the country is also contributing to the growth of the Public Cloud Market in Burundi.

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.