Definition:
Infrastructure as a Service (IaaS) refers to the type of public cloud service that provides virtualized computing resources. IaaS offers on-demand access to virtual machines, storage, and networking components, thus allowing users to build, deploy, and manage IT infrastructure without the need to invest in physical hardware. IaaS offers scalability, flexibility, and cost-efficiency by requiring users to pay only for the resources they consume. The IaaS market includes the companies that provide these types of public cloud resources and services to individuals, businesses, and organizations. A typical example of this type of service is Amazon Web Services (AWS). AWS provides a wide range of virtual machines, storage, and networking resources that users can access on demand to build and manage their IT infrastructures.
Additional Information:
The Infrastructure as a Service (IaaS) 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 IaaS market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
The Public Cloud market in Bahrain is witnessing steady growth, fueled by factors like growing adoption of Infrastructure as a Service, increasing awareness of digital solutions, and the convenience of online services. This market is expected to continue its average growth rate as businesses shift towards cloud-based solutions for their IT infrastructure needs. Various factors such as government initiatives, increased internet penetration, and the need for cost-effective solutions are impacting this growth rate.
Customer preferences: As digital transformation accelerates in Bahrain, there has been a growing demand for Infrastructure as a Service (IaaS) solutions in the Public Cloud Market. Businesses are increasingly opting for IaaS to improve scalability and reduce infrastructure costs. This shift is also influenced by cultural preferences for cost-effective and efficient solutions, as well as the need to adapt to a changing business landscape in light of the COVID-19 pandemic.
Trends in the market: In Bahrain, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a significant increase in demand due to the country's focus on digital transformation and the adoption of cloud-based solutions. This trend is expected to continue as organizations look to reduce costs and improve scalability. Additionally, there is a growing emphasis on data security and compliance, driving the need for robust cloud infrastructure. Overall, these trends highlight the potential for growth in the Public Cloud Market and the importance of infrastructure as a key component in enabling digital transformation in Bahrain.
Local special circumstances: In Bahrain, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's small size and strategic location, making it an attractive market for international businesses. Additionally, the government's efforts towards modernizing and diversifying the economy have led to a growing demand for cloud services. The cultural emphasis on technology and the country's business-friendly regulatory environment also contribute to the increasing adoption of cloud infrastructure services in Bahrain.
Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Bahrain is influenced by macroeconomic factors such as the country's economic stability, government policies, and investments in digital infrastructure. Bahrain's strong economic growth and stable political climate have attracted foreign investments and created a favorable environment for the growth of the public cloud market. Additionally, the government's initiatives to promote digital transformation and improve digital infrastructure have created opportunities for the growth of the Infrastructure as a Service Market within the Public Cloud Market. Furthermore, the increasing demand for cost-effective and scalable cloud solutions in the region is also driving the growth of the market. Bahrain's strategic location and strong connectivity also make it an attractive market for public cloud services, further contributing to the growth of the Infrastructure as a Service Market within the Public Cloud Market.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights