Infrastructure as a Service - South Africa

  • South Africa
  • Revenue in the 0 market in South Africa is projected to reach US$0.98bn in 2024.
  • Infrastructure as a Service market dominates the market in South Africa with a projected market volume of 0 in 2024.
  • Revenue in South Africa is expected to show an annual growth rate (CAGR 2024-2029) of 18.71%, resulting in a market volume of US$2.31bn by 2029.
  • In global comparison, most revenue will be generated the United States, with a forecasted figure of US$77,050.00m in 2024.
  • In South Africa, the Infrastructure as a Service in the Public Cloud market is rapidly evolving, driven by increased demand for digital transformation and cost-effective solutions.

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

 
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Analyst Opinion

The Infrastructure as a Service market in South Africa is experiencing considerable growth in the Public Cloud market, driven by factors such as the increasing adoption of digital technologies, growing awareness of the importance of digital health, and the convenience of online health services. This growth rate is expected to be sustained due to the high demand for efficient and scalable IT infrastructure solutions in the country.

Customer preferences:
As more businesses and organizations in South Africa adopt cloud computing, there is a growing demand for Infrastructure as a Service (IaaS) solutions. This is driven by the need for efficient and cost-effective ways to manage and store data, as well as the increasing popularity of remote work. Furthermore, the rise of digital transformation initiatives, such as smart city projects and e-government services, is fueling the adoption of IaaS solutions in the public cloud market. Additionally, the growing number of young, tech-savvy individuals in the country is contributing to the shift towards cloud-based infrastructure, as they are more comfortable with using digital tools and services.

Trends in the market:
In South Africa, the Infrastructure as a Service (IaaS) market within the Public Cloud Market is experiencing a surge in demand due to the country's rapidly growing digital economy. This trend is driven by the increasing adoption of cloud-based solutions by businesses and government organizations, as well as the need for cost-effective and scalable IT infrastructure. Additionally, there is a growing trend towards hybrid cloud solutions, combining the benefits of both public and private cloud. This trajectory is significant for industry stakeholders as it presents opportunities for service providers to expand their offerings and cater to the evolving needs of the market. It also highlights the importance of investing in infrastructure and developing robust cloud strategies to remain competitive in this fast-growing sector.

Local special circumstances:
In South Africa, the Infrastructure as a Service Market within the Public Cloud Market is experiencing significant growth due to the country's rapidly expanding digital landscape. With the government's push for digital transformation and the increasing adoption of cloud technologies among businesses, the market is expected to see a surge in demand. Additionally, the country's unique geographical and regulatory circumstances, such as a highly developed telecommunications infrastructure and favorable data protection laws, play a vital role in shaping the market dynamics. These factors make South Africa a highly attractive market for public cloud providers, driving competition and innovation in the Infrastructure as a Service sector.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in South Africa is heavily influenced by macroeconomic factors such as technological advancements, government initiatives, and investment in digital infrastructure. With a rapidly growing digital economy and a supportive regulatory environment, South Africa is experiencing significant growth in the public cloud market. Furthermore, the country's strong fiscal policies and investments in digital infrastructure are driving the adoption of Infrastructure as a Service solutions, as businesses seek to improve efficiency and reduce operational costs. The increasing demand for digital services and the growing number of tech-savvy consumers are also contributing to the growth of the Infrastructure as a Service Market within the Public Cloud Market in South Africa.

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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