Infrastructure as a Service - Chad

  • Chad
  • Revenue in the Infrastructure as a Service market is projected to reach US$10.70m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.84%, resulting in a market volume of US$27.57m by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$1.79 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

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

 
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Analyst Opinion

The Infrastructure as a Service market in Chad nan is seeing considerable growth due to factors like rising demand for digital technologies, increasing health awareness, and the convenience of online health services. This growth is driven by the growing adoption of public cloud services in the region.

Customer preferences:
As more businesses in Chad continue to adopt cloud computing, there is a growing preference for Infrastructure as a Service (IaaS) solutions. This is driven by the need for cost-effective and scalable IT infrastructure, as well as the desire for greater flexibility and control over data. Additionally, the rise of remote work and virtual collaboration has led to an increased demand for IaaS, allowing companies to access their data and applications from anywhere, at any time. This trend is likely to continue, as more organizations in Chad embrace a digital-first approach to business operations.

Trends in the market:
In Chad, there is a growing trend towards the adoption of Infrastructure as a Service (IaaS) within the Public Cloud market. One significant trend is the increasing demand for hybrid cloud solutions, where organizations combine their existing on-premise infrastructure with public cloud services to achieve greater flexibility and cost savings. This trend is expected to continue as more businesses look for ways to modernize their IT infrastructure and take advantage of the scalability and agility offered by IaaS. Additionally, there is a rising interest in serverless computing, where organizations only pay for the actual computing resources used, leading to cost savings and increased efficiency. These trends have significant implications for industry stakeholders, as they need to adapt their offerings and strategies to meet the changing demands of the market. Providers of IaaS solutions need to focus on enhancing their hybrid cloud capabilities and offering more flexible and customizable options to cater to the diverse needs of businesses in Chad. On the other hand, businesses need to carefully evaluate their cloud requirements and choose the most suitable solution to meet their specific needs and goals. Overall, the trajectory of these trends is expected to further boost the growth of the Infrastructure as a Service market within the Public Cloud market in Chad.

Local special circumstances:
In Chad, the Infrastructure as a Service Market within the Public Cloud Market is faced with challenges due to the country's limited internet infrastructure and low internet penetration rates. This has hindered the growth of the market, as businesses and individuals struggle to access and utilize cloud services. Additionally, the lack of government support and regulations for data privacy and security has also impacted the market. However, with the recent investments in improving internet infrastructure and increasing mobile phone usage, the market is expected to see growth in the coming years.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Chad is heavily influenced by macroeconomic factors such as government spending on information technology, foreign investment, and overall economic stability. As a developing nation with a relatively small economy, Chad has seen a recent increase in foreign investment and government initiatives to improve digital infrastructure. This has led to a growing demand for public cloud services, particularly in the infrastructure as a service sector. Additionally, the country's young and tech-savvy population has contributed to the adoption of cloud services and is expected to continue driving market growth in the coming years. However, the lack of reliable internet infrastructure and high levels of poverty may hinder the market's potential for growth.

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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