Infrastructure as a Service - Malawi

  • Malawi
  • Revenue in the Infrastructure as a Service market is projected to reach US$7.84m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.56%, resulting in a market volume of US$19.97m by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$0.93 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 Malawi is experiencing minimal growth due to various factors such as limited access to technology, low awareness of digital services, and inadequate infrastructure. These challenges have impacted the market's growth rate, which is currently negligible.

Customer preferences:
The Infrastructure as a Service Market within the Public Cloud Market in Malawi is experiencing a shift towards the adoption of cloud-based solutions for data storage and management. This is driven by the growing demand for remote work and digital collaboration tools, as well as the need for secure and scalable infrastructure. Additionally, the rise of e-commerce and online businesses in the country has led to a higher demand for cloud-based e-commerce platforms and payment gateways. This trend is expected to continue as more businesses and organizations in Malawi embrace the benefits of cloud computing.

Trends in the market:
In Malawi, there is a growing trend towards using Infrastructure as a Service (IaaS) within the Public Cloud Market, as organizations look to reduce costs and improve scalability. This trend is expected to continue as the country's digital infrastructure improves and more businesses adopt cloud-based solutions. As a result, there is a significant opportunity for IaaS providers to enter the market and cater to the growing demand. Additionally, the adoption of IaaS in Malawi has the potential to drive economic growth and development, as businesses are able to access advanced technology and services without significant upfront costs. However, challenges such as limited internet connectivity and data privacy concerns may need to be addressed for this trend to reach its full potential.

Local special circumstances:
In Malawi, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's limited internet infrastructure and low internet penetration rate. This creates challenges for businesses to adopt cloud services and limits the market potential. Additionally, Malawi's regulatory environment is still developing, which can impact the growth of the market. However, the government is making efforts to improve the country's digital infrastructure, which could lead to a more favorable environment for the public cloud market in the future.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Malawi is heavily influenced by macroeconomic factors such as the country's overall economic health and fiscal policies. The global economic trend towards cloud computing is also a major driver of market growth, as it encourages businesses to adopt cost-effective and scalable cloud solutions. Moreover, the government's initiatives to improve digital infrastructure and promote the use of technology in various sectors are expected to fuel the demand for Infrastructure as a Service in the country. However, challenges such as limited internet connectivity and a lack of skilled IT professionals may hinder market 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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