Public Cloud

Cameroon

Highlights

Revenue in the Public Cloud market is projected to reach US$118.40m in 2024.
Infrastructure as a Service dominates the market with a projected market volume of US$40.87m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.96%, resulting in a market volume of US$294.10m 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 Cameroon is experiencing substantial growth, driven by factors such as increasing adoption of digital technologies, growing awareness of the benefits of online services, and the convenience offered by various cloud-based solutions. This considerable growth rate can be attributed to the rising demand for Infrastructure, Platform, Software, Business Process, Desktop, and Disaster Recovery services in the country.

Customer preferences: As the digital landscape continues to evolve, there is a growing demand for public cloud solutions in Cameroon. With an increasing number of businesses and individuals relying on digital platforms for communication, collaboration and data storage, the public cloud market is expected to witness significant growth. This trend is driven by the need for efficient and cost-effective IT infrastructure, as well as the desire for flexible and scalable solutions. Additionally, the younger population in Cameroon is more tech-savvy and comfortable with using digital tools, leading to a greater adoption of public cloud services.

Trends in the market: In Cameroon, the Public Cloud Market is experiencing a surge in adoption of cloud-based services, with businesses and organizations increasingly relying on these platforms for storage, collaboration, and data management. Furthermore, there is a growing trend towards hybrid cloud solutions, combining the flexibility of public cloud with the security of private cloud. This trajectory towards cloud-based solutions is significant as it allows for cost savings, scalability, and increased efficiency. As a result, industry stakeholders such as cloud service providers and IT companies are likely to see increased demand for their services. However, this trend also highlights the need for strong cybersecurity measures and data protection regulations to ensure the safety and privacy of sensitive information stored in the cloud.

Local special circumstances: In Cameroon, the Public Cloud Market is still in its early stages compared to other global markets. This can be attributed to the country's limited internet infrastructure and low technology adoption rates. However, with the government's focus on digital transformation and the increasing demand for cloud-based solutions, the market is expected to grow rapidly in the coming years. Additionally, the country's diverse population and cultural influences may shape the demand for specific types of cloud services, such as data storage and disaster recovery. Furthermore, regulatory frameworks and data privacy laws may also impact the growth and adoption of public cloud services in Cameroon.

Underlying macroeconomic factors: The growth of the Public Cloud Market in Cameroon is heavily influenced by macroeconomic factors such as government initiatives, technological advancements, and investment in digital infrastructure. Countries with supportive policies and strong investment in digital technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Moreover, the increasing demand for cost-effective and scalable computing solutions, coupled with the growing adoption of cloud-based services across various industries, is expected to drive the growth of the Public Cloud Market in Cameroon.

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.