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Key regions: United Kingdom, China, France, Netherlands, Germany
The Infrastructure as a Service Market within the Public Cloud Market in Egypt has shown minimal growth, impacted by factors such as limited internet access and inadequate infrastructure. Nevertheless, the market is expected to gradually grow as more businesses and individuals embrace cloud computing for their digital needs.
Customer preferences: As Egypt continues to modernize its infrastructure, the demand for Infrastructure as a Service (IaaS) within the Public Cloud Market is on the rise. With the increasing availability and affordability of internet access, businesses and individuals alike are turning to cloud-based solutions for their computing needs. This trend is also driven by a growing preference for remote working and flexible work arrangements, as well as a heightened focus on cybersecurity and data protection. Additionally, the shift towards IaaS is influenced by the country's young population, who are more tech-savvy and open to adopting new technologies.
Trends in the market: In Egypt, there is a growing trend towards adopting Infrastructure as a Service (IaaS) solutions in the Public Cloud Market. This is driven by the increasing demand for cost-effective and scalable infrastructure solutions, as well as the government's push towards digital transformation. As a result, more organizations are transitioning from on-premise infrastructure to IaaS, leading to a rise in cloud service providers and data centers in the country. This trend is expected to continue in the coming years, with a projected growth rate of 22.5% for the IaaS market in Egypt. This presents significant opportunities for industry stakeholders, such as cloud service providers, data center operators, and managed service providers, to tap into this emerging market and offer innovative solutions tailored to the local market needs. However, this trend also highlights the need for a robust regulatory framework and skilled workforce to support the growth of the IaaS market in Egypt.
Local special circumstances: In Egypt, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the country's rapidly growing population and increasing adoption of digital technologies. The government's efforts to modernize the country's infrastructure have also played a significant role in driving the demand for cloud services. Additionally, the country's strategic location and proximity to major markets in the Middle East and Africa make it an attractive location for global cloud providers. These factors have contributed to the rapid growth of the Infrastructure as a Service Market within the Public Cloud Market in Egypt.
Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Egypt is strongly influenced by macroeconomic factors such as government investments in digital infrastructure, favorable regulatory environment, and technological advancements. Egypt's efforts to modernize its economy and attract foreign investment have led to significant improvements in its digital infrastructure, making it an attractive market for cloud service providers. Additionally, the country's strong economic growth and stable fiscal policies have created a conducive environment for businesses to adopt cloud services, driving the demand for Infrastructure as a Service. Furthermore, the increasing adoption of digital technologies in various sectors, such as banking, healthcare, and education, is expected to further boost the demand for Infrastructure as a Service in Egypt, making it a key market for global cloud service providers.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)