Infrastructure as a Service - Algeria

  • Algeria
  • Revenue in the Infrastructure as a Service market is projected to reach US$273.90m in 2024.
  • 0 dominates the market with a projected market volume of 0 in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 17.97%, resulting in a market volume of US$625.80m by 2029.
  • In global comparison, most revenue will be generated in the United States (US$77,050.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

In Algeria, the Public Cloud Market's Infrastructure as a Service segment is experiencing considerable growth, driven by factors such as increasing adoption of digital technologies, growing awareness of health, and the convenience of online health services. This growth is attributed to the country's focus on digital transformation and investments in technology infrastructure.

Customer preferences:
As Algeria continues to modernize its infrastructure, there has been a noticeable increase in demand for Infrastructure as a Service solutions in the public cloud market. This shift can be attributed to the growing preference for flexible and cost-effective IT solutions among businesses. Additionally, the rise of remote work and virtual collaboration has also contributed to the surge in demand for Infrastructure as a Service, as companies seek secure and scalable cloud-based solutions to support their operations.

Trends in the market:
In Algeria, the Infrastructure as a Service Market is experiencing a surge in demand for cloud-based solutions, driven by the government's push towards digital transformation and the increasing adoption of cloud computing by businesses. This trend is expected to continue in the coming years, with a focus on cost savings, scalability, and flexibility. Additionally, there is a growing trend of using the public cloud for disaster recovery and backup, as well as for data analytics and machine learning applications. These developments are significant for industry stakeholders as they provide an opportunity for growth and innovation, but also pose challenges in terms of data security and privacy. As such, companies in the market must closely monitor and adapt to these trends to stay competitive and meet the evolving needs of their customers.

Local special circumstances:
In Algeria, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's unique geographical and cultural factors. The prevalence of desert regions and lack of reliable internet infrastructure pose challenges for cloud service providers. Additionally, the country's strict data privacy laws and government regulations have a significant impact on the market's dynamics. These factors require cloud service providers to adapt their offerings to meet the specific needs of the Algerian market, leading to a slow but steady growth of the public cloud market in the country.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Algeria is also affected by macroeconomic factors such as government investments in digital infrastructure, regulatory policies, and economic stability. Countries with supportive regulatory environments and strong investments in digital infrastructure are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Moreover, the growing adoption of cloud-based solutions in various industries, coupled with the increasing demand for cost-effective and scalable IT infrastructure, is driving the growth of the Infrastructure as a Service Market in Algeria.

Methodology

Data coverage:

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

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. 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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