Infrastructure as a Service - Cameroon

Revenue in the Infrastructure as a Service market is projected to reach US$40.87m 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 21.90%, resulting in a market volume of US$110.00m 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 Cameroon is seeing substantial growth in the Public Cloud market, driven by factors such as increasing adoption of digital technologies and the convenience of online services. This growth rate is being impacted by the country's growing economy and government initiatives to promote digitalization in the healthcare sector.

Customer preferences: As Cameroon's public cloud market continues to grow, consumers are increasingly relying on Infrastructure as a Service for their digital needs. This trend is driven by the country's growing tech-savvy population and increasing demand for efficient and cost-effective solutions. Additionally, the rise of e-commerce and online businesses has also led to a surge in demand for IaaS, highlighting the shift towards digitalization and the need for flexible and scalable infrastructure.

Trends in the market: In Cameroon, the Infrastructure as a Service (IaaS) market within the Public Cloud Market is experiencing a surge in demand for cloud-based solutions, driven by the country's efforts to modernize its IT infrastructure. This has led to a growing trend of businesses adopting IaaS to reduce costs and improve operational efficiency. Additionally, there is an increasing focus on data security, leading to a rise in demand for secure and reliable cloud services. These trends are expected to continue, with implications for industry stakeholders such as cloud service providers, IT companies, and businesses in various sectors. As more companies embrace the benefits of IaaS, the market is predicted to grow significantly in the coming years, presenting new opportunities for stakeholders in the industry.

Local special circumstances: In Cameroon, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's limited internet infrastructure and high costs of connectivity. This has resulted in a slower adoption of cloud services compared to other markets. Additionally, the government's strict data protection laws and limited resources for cybersecurity have also impacted market growth. However, the rise of e-commerce and digital transformation initiatives in key industries such as finance and healthcare is driving the demand for cloud services, creating new opportunities for providers.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Cameroon is heavily influenced by macroeconomic factors such as overall economic growth, government investments in digital infrastructure, and regulatory support for the adoption of cloud computing. The country's digital transformation efforts and investments in technology infrastructure have created a conducive environment for the growth of the public cloud market, including the Infrastructure as a Service segment. Additionally, the increasing demand for cost-effective and scalable IT solutions, coupled with the rising adoption of cloud-based services by enterprises, is further fueling the market growth. Furthermore, the government's efforts to improve internet connectivity and reduce the digital divide in the country are also expected to drive the demand for Infrastructure as a Service in the public cloud market.

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.