Infrastructure as a Service - Southern Africa

Southern Africa

Revenue in the Infrastructure as a Service market is projected to reach US$1.01bn in 2024.
0 dominates the market with a projected market volume of 0 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.90%, resulting in a market volume of US$2.40bn by 2029.
In global comparison, most revenue will be generated in the United States (US$77,050.00m in 2024).

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

Market

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Analyst Opinion

The Infrastructure as a Service (IaaS) market in Southern Africa is experiencing significant growth in the Public Cloud Market, driven by factors such as increasing adoption of digital technologies and rising demand for online services. This considerable growth rate is influenced by the region's growing digital infrastructure and the need for cost-effective and scalable IT solutions.

Customer preferences: The Infrastructure as a Service Market within the Public Cloud Market is experiencing a growing demand for edge computing solutions, as businesses seek to improve latency and reduce data transfer costs. This trend is fueled by the proliferation of smart devices and the need for real-time data processing in industries such as healthcare, transportation, and manufacturing. Additionally, the rise of 5G technology is expected to further accelerate the adoption of edge computing, as it enables faster and more reliable data transmission.

Trends in the market: In Southern Africa, the Infrastructure as a Service market within the Public Cloud Market is experiencing a surge in demand for cloud-based solutions in various sectors, including government, finance, and healthcare. This trend is driven by the need for cost-effective and scalable IT infrastructure, as well as the growing adoption of digital transformation initiatives. As a result, industry players are investing in expanding their cloud offerings and partnerships to meet the increasing demand. This trend is expected to continue in the coming years, with potential implications for industry stakeholders such as increased competition and the need for advanced technologies to support the growing demand for cloud services.

Local special circumstances: In Southern Africa, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the region's unique geographical and regulatory circumstances. The market is driven by the growing demand for cost-effective and scalable IT solutions, especially in countries with limited infrastructure and resources. Additionally, the region's diverse cultural landscape also plays a significant role in shaping the market, as different countries have varying levels of technology adoption and digital literacy. Furthermore, the region's regulatory environment, which differs from other markets, can also impact the pace and growth of the Infrastructure as a Service Market within the Public Cloud Market.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Southern Africa is heavily influenced by macroeconomic factors such as government policies, economic stability, and technological advancements. Countries with stable economies and supportive government policies are experiencing a faster growth in the market compared to those with economic challenges and limited investment in digital infrastructure. Moreover, the rise in the adoption of cloud-based solutions by businesses and the increasing need for cost-effective IT infrastructures are also driving the demand for Infrastructure as a Service in the region.

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.