Infrastructure as a Service - Pakistan

  • Pakistan
  • Revenue in the 0 market in Pakistan is projected to reach US$172.10m in 2024.
  • Infrastructure as a Service market is expected to dominate the market with a projected market volume of 0 in 2024.
  • Revenue in this market is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 22.61%, leading to a market volume of US$476.90m by 2029.
  • In a global context, the majority of revenue will be generated the United States, which is forecasted to reach US$77,050.00m in 2024.
  • In Pakistan, the Infrastructure as a Service market is increasingly being recognized for its potential to enhance digital transformation across various sectors.

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

 
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Analyst Opinion

The Infrastructure as a Service market in the Public Cloud sector of Pakistan is experiencing steady growth due to the country's increasing adoption of digital technologies and growing awareness of the benefits of online services. The market is expected to continue growing at an average rate, influenced by factors such as government initiatives to promote digital transformation and the need for cost-effective IT solutions.

Customer preferences:
As the demand for cost-effective and scalable cloud solutions continues to grow in Pakistan, there has been a noticeable trend towards Infrastructure as a Service (IaaS) in the Public Cloud Market. This shift is driven by the country's increasing digitization and adoption of new technologies, such as artificial intelligence and big data analytics. Additionally, with a growing population of tech-savvy individuals, there is a rising preference for self-service infrastructure management and on-demand resources, making IaaS a highly attractive option.

Trends in the market:
In Pakistan, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for cloud computing services, driven by the increasing adoption of digital transformation strategies by businesses and government organizations. This trend is expected to continue in the coming years, with a focus on cost savings, scalability, and flexibility. Additionally, there is a growing trend towards hybrid cloud solutions, combining the advantages of both public and private clouds. These developments have significant implications for industry stakeholders, including cloud service providers, enterprises, and government agencies, as they navigate the evolving landscape of cloud computing in Pakistan.

Local special circumstances:
In Pakistan, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the country's limited internet infrastructure and low digital literacy rates. However, the government's focus on developing the IT sector through initiatives such as the Digital Pakistan Policy and the Pakistan National IT Policy has led to a growing demand for cloud services. Additionally, the country's emerging startup culture and growing adoption of e-commerce are also driving the growth of the public cloud market.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Pakistan is influenced by various macroeconomic factors. The country's economic health and fiscal policies play a significant role in shaping the market's growth. Additionally, global economic trends and technological advancements also impact the market's performance. Furthermore, the government's support for digital infrastructure and investment in technology infrastructure are crucial for the growth of the public cloud market in Pakistan. Moreover, the increasing adoption of digital transformation and the rising demand for efficient and cost-effective IT solutions are driving the growth of the Infrastructure as a Service Market in the country.

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
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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