Public Cloud - Gabon

Gabon

Revenue in the Public Cloud market is projected to reach US$30.07m in 2024.
Infrastructure as a Service dominates the market with a projected market volume of US$9.21m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 16.87%, resulting in a market volume of US$65.56m by 2029.
The average spend per employee in the Public Cloud market is projected to reach US$39.05 in 2024.
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 Gabon is experiencing steady growth, driven by factors such as increasing adoption of digital technologies, rising awareness of the benefits of cloud services, and the convenience of online solutions. The market's average growth rate is influenced by the sub-markets of Infrastructure, Platform, Software, Business Process, and Desktop as a Service, as well as factors such as government initiatives and technological advancements.

Customer preferences: With the rise of remote work and virtual collaboration, businesses in Gabon are increasingly turning to public cloud solutions to support their operations. This trend is driven by the need for flexible and scalable IT infrastructure, as well as cost savings. Additionally, the growing adoption of cloud-based productivity tools and communication platforms is indicative of a shift towards a more digital and decentralized approach to work. This is also reflected in the rising demand for cloud-based project management and collaboration tools.

Trends in the market: In Gabon, the Public Cloud Market is experiencing a surge in demand for cloud-based solutions, driven by the increasing adoption of digital technologies across various industries. This trend is expected to continue as more businesses shift towards remote work and the need for scalable, cost-effective IT infrastructure. Moreover, the government's efforts to promote digital transformation and improve internet connectivity in the country are further fueling the growth of the public cloud market. This presents significant opportunities for industry stakeholders, such as cloud service providers, to expand their market presence and cater to the evolving needs of businesses in Gabon. However, this trend also highlights the need for robust cybersecurity measures and data privacy regulations to protect sensitive information stored on the public cloud. As such, there is a growing emphasis on implementing secure cloud solutions and compliance frameworks, which could potentially drive the growth of the cloud security market in Gabon.

Local special circumstances: In Gabon, the Public Cloud Market is influenced by the country's growing economy and the government's focus on digital transformation and modernization. The market is also driven by the rise in demand for cloud-based solutions in various industries, such as oil and gas, mining, and telecommunications. Additionally, the country's small size and limited infrastructure make cloud computing an attractive option for businesses looking to reduce costs and improve efficiency. However, the market faces challenges due to limited internet connectivity and data privacy concerns, which require unique solutions tailored to the local market.

Underlying macroeconomic factors: The Public Cloud Market in Gabon is impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. The country's GDP growth rate and inflation rate, as well as its investment in digital infrastructure, play a significant role in the market's performance. Additionally, the government's policies and regulations on data privacy and security, as well as its support for digital transformation, can also influence the adoption of public cloud services. The increasing demand for cost-effective and scalable IT solutions in the country, coupled with the rise of digital transformation initiatives, is expected to drive the growth of the Public Cloud Market in Gabon.

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.