Public Cloud - Chad

Chad

Revenue in the Public Cloud market is projected to reach US$29.31m in 2024.
Infrastructure as a Service dominates the market with a projected market volume of US$9.90m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.95%, resulting in a market volume of US$69.79m by 2029.
In global comparison, most revenue will be generated in the United States (US$388.50bn in 2024).

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

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).

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Public Cloud market in Chad is experiencing remarkable growth, driven by increasing adoption of digital technologies, growing awareness of the importance of digital health, and the convenience of online health services. Factors such as Infrastructure, Platform, Software, Business Process, Desktop, and Disaster Recovery as a Service are also contributing to the market's considerable growth rate.

Customer preferences: With the rise of remote work and virtual collaboration, businesses in Chad are increasingly turning to public cloud solutions for their data storage and management needs. This trend is driven by the need for flexibility and scalability, as well as the desire to reduce IT infrastructure costs. Additionally, cultural norms of community and collective problem-solving may contribute to the adoption of cloud platforms that enable collaboration and knowledge sharing among teams.

Trends in the market: In Chad, the Public Cloud Market is seeing a significant increase in adoption, with more businesses and organizations turning to cloud-based solutions for their data storage and computing needs. This trend is expected to continue as the country experiences economic growth and modernization. As a result, there is a growing demand for cloud service providers, leading to increased competition and innovation in the market. This trajectory is significant for industry stakeholders, as it presents opportunities for revenue growth and expansion. However, it also poses challenges, such as ensuring data security and compliance with regulations. Additionally, the shift towards cloud computing has the potential to disrupt traditional IT models, impacting job roles and skill requirements for professionals in the industry.

Local special circumstances: In Chad, the Public Cloud Market is still in its early stages due to limited internet access and low technology adoption. However, the government's efforts to improve infrastructure and promote digitalization have created opportunities for cloud service providers. Additionally, the country's unique regulatory environment, with a focus on data privacy and security, has influenced the demand for local cloud hosting solutions. This, coupled with the increasing need for cost-effective and scalable IT solutions, has contributed to the growth of the Public Cloud Market in Chad.

Underlying macroeconomic factors: The Public Cloud Market in Chad is impacted by macroeconomic factors such as the country's overall economic health, government policies, and global economic trends. As a developing country, Chad has been experiencing steady economic growth in recent years, which has led to an increase in government investments in infrastructure and technology. This has created a favorable environment for the adoption of cloud-based solutions, driving the growth of the Public Cloud Market. However, limited internet connectivity and high data costs in Chad are still major barriers to widespread adoption, slowing down market growth compared to other regions. Additionally, the country's high poverty rate and limited financial resources also impact the affordability of cloud services for businesses and individuals.

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.