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Key regions: United Kingdom, China, France, Netherlands, Germany
The Public Cloud Market in Morocco is witnessing remarkable growth, fueled by factors like the country's increasing adoption of digital technologies, growing awareness about health, and the convenience of online health services. This considerable growth rate is largely influenced by the growing demand for Infrastructure as a Service in the region.
Customer preferences: Consumers in Morocco are increasingly turning to Infrastructure as a Service (IaaS) solutions within the Public Cloud Market as a means to improve their business operations and achieve cost savings. This trend is driven by the growing availability and adoption of internet services, as well as the need for businesses to adapt to a more flexible and scalable IT infrastructure. Additionally, with the rise of remote work and online collaboration, IaaS solutions are also becoming essential tools for companies to maintain efficient communication and productivity. These factors are expected to drive significant growth in the IaaS market in the coming years.
Trends in the market: In Morocco, the Infrastructure as a Service Market within the Public Cloud Market is witnessing a surge in demand for cloud-based services, driven by the increasing adoption of digital transformation initiatives by government agencies and businesses. This trend is expected to continue as more organizations prioritize cost-effectiveness and scalability in their IT infrastructure. Furthermore, the shift towards remote work due to the COVID-19 pandemic has accelerated the demand for cloud-based infrastructure. This trend is significant as it presents opportunities for industry stakeholders to capitalize on the growing demand for cloud services in Morocco. It also highlights the importance of investing in reliable and secure cloud infrastructure to support the country's digital transformation goals.
Local special circumstances: In Morocco, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's strategic location as a gateway between Europe and Africa. This has led to a growing demand for cloud services, particularly in the finance and telecom sectors. Additionally, Morocco's increasing investment in digital infrastructure and favorable government policies have contributed to the growth of the market. The country's unique blend of Western and Arab culture also plays a role in shaping consumer preferences and adoption of cloud technologies.
Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Morocco is impacted by various macroeconomic factors. One of the key drivers of market growth is the country's economic stability and growth. With a GDP growth rate of 3% in 2019 and an expected growth of 3.6% in 2020, Morocco's economy is expected to continue its positive trajectory. This growth is supported by the government's fiscal policies, which prioritize investments in digital infrastructure. Additionally, Morocco has a strategic location, making it an ideal hub for businesses looking to expand into Africa, further fueling the demand for public cloud services. These factors, along with the country's increasing focus on digital transformation, are expected to drive the growth of the Infrastructure as a Service Market within the Public Cloud Market in Morocco.
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)