Infrastructure as a Service - Burundi

Revenue in the Infrastructure as a Service market is projected to reach US$2.55m in 2024.
0.0 dominates the market with a projected market volume of 0.0 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 26.83%, resulting in a market volume of US$8.36m by 2029.
In global comparison, most revenue will be generated United States (US$77.05bn in 2024).

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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Server capabilities, such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, and Google Compute Engine (GCE)
Computing resources, such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, and Google Compute Engine (GCE)
Storage resources, such as Amazon Elastic Block Store (EBS), Azure Blob Storage, and Google Cloud
Network capabilities, such as Google Cloud Interconnect and Alibaba Cloud Express Connect

Business-Process-as-a-Service (BPaaS), such as payroll management and accounting solutions via ADP Workforce Now, Intuit QuickBooks Online, Workday, and Oracle NetSuite
Desktop-as-a-Service (DaaS), such as Amazon WorkSpaces, Microsoft Windows Virtual Desktop, VMware Horizon Cloud, and Citrix Virtual Apps and Desktops
Platform-as-a-Service (PaaS), such as Heroku, AWS Elastic Beanstalk, Google App Engine, Microsoft Azure App Service, and IBM Cloud Foundry
Software-as-a-Service (SaaS), such as Google Workspace, Microsoft 365, Salesforce, Zoom, and Slack
System infrastructure software, such as Microsoft Windows Server, Linux distributions, VMware for virtualization, and Cisco’s networking software
Private cloud services, such as IBM Cloud Private, Microsoft Azure Stack HCI, and VMware vCloud Suite

The Infrastructure as a Service market in Burundi is seeing mild growth in the Public Cloud market, driven by factors such as increasing demand for digital services, growing awareness of the benefits of cloud computing, and the convenience of online infrastructure solutions. This growth rate is influenced by the country's developing technology infrastructure and the increasing adoption of digital solutions by businesses and organizations.

Customer preferences: As the public cloud market in Burundi continues to grow, there has been a noticeable increase in demand for Infrastructure as a Service (IaaS). This can be attributed to a shift towards digital transformation and a growing reliance on technology in both personal and professional settings. With a growing tech-savvy population and an increasing number of businesses adopting cloud-based solutions, there has been a corresponding increase in the preference for IaaS over traditional on-premises infrastructure. This trend is expected to continue as Burundi's infrastructure continues to develop and the demand for efficient and cost-effective cloud services rises.

Trends in the market: In Burundi, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand, driven by the government's efforts to modernize its IT infrastructure. This trend is expected to continue, with more organizations opting for cloud-based solutions to improve efficiency and reduce costs. Additionally, the market is witnessing a shift towards hybrid cloud solutions, as businesses look for a balance between on-premise and cloud infrastructure. This trend is significant for industry stakeholders, as it presents new opportunities for growth and innovation in the market. However, it also poses challenges in terms of data security and compliance. As such, industry players need to focus on providing robust security measures and compliance services to maintain trust and competitiveness in the market.

Local special circumstances: In Burundi, the Infrastructure as a Service Market within the Public Cloud Market is largely driven by the country's improving internet connectivity and the government's efforts to promote digitalization. The market is also influenced by the cultural preference for cost-effective solutions and the regulatory push for modernization in the public sector. These unique factors contribute to the market's growth and shape the competitive landscape for cloud service providers in Burundi.

Underlying macroeconomic factors: The growth of the Infrastructure as a Service Market within the Public Cloud Market in Burundi is heavily influenced by macroeconomic factors such as the country's economic stability, government policies promoting digital transformation, and investments in ICT infrastructure. Countries with a strong focus on digitalization and a favorable business environment for technology companies are experiencing a higher demand for Infrastructure as a Service solutions. Additionally, the rise of e-commerce and digitalization of businesses in Burundi is also driving the need for reliable and scalable cloud infrastructure services. The country's efforts towards modernizing its infrastructure and promoting a digital economy are expected to further fuel the growth of the Infrastructure as a Service Market in the Public Cloud Market in Burundi.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Together with platform as a service (PaaS) and infrastructure as a service (IaaS), software as a service (SaaS) is one of the three primary tiers of cloud computing. It allows businesses to redirect resources away from IT hardware, software, and personnel expenses, and towards other business needs. Currently, the most prominent companies in the SaaS market are Microsoft, Salesforce, Oracle, SAP, and Google.