Definition:
Infrastructure as a Service (IaaS) refers to the type of public cloud service that provides virtualized computing resources. IaaS offers on-demand access to virtual machines, storage, and networking components, thus allowing users to build, deploy, and manage IT infrastructure without the need to invest in physical hardware. IaaS offers scalability, flexibility, and cost-efficiency by requiring users to pay only for the resources they consume. The IaaS market includes the companies that provide these types of public cloud resources and services to individuals, businesses, and organizations. A typical example of this type of service is Amazon Web Services (AWS). AWS provides a wide range of virtual machines, storage, and networking resources that users can access on demand to build and manage their IT infrastructures.
Additional Information:
The Infrastructure as a Service (IaaS) market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players of the IaaS market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
The Public Cloud Market in Tanzania is experiencing average growth, fueled by factors such as the increasing adoption of Infrastructure as a Service, growing awareness of the benefits of digital technology in the health sector, and the convenience of online health services. These factors are driving the market's growth rate, making it a promising and rapidly expanding industry in the region.
Customer preferences: With the increasing focus on cost-efficiency and scalability, businesses in Tanzania are turning to Infrastructure as a Service (IaaS) solutions within the Public Cloud Market. This is driven by a growing tech-savvy population and the need for reliable and secure infrastructure to support the country's growing economy. Additionally, the rise of remote work and virtual collaboration has led to a surge in demand for cloud-based services, further fueling the growth of IaaS in Tanzania.
Trends in the market: In Tanzania, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand due to the increasing adoption of cloud computing by businesses and government organizations. This trend is expected to continue in the coming years, driven by the country's growing economy and the need for efficient and cost-effective IT solutions. Additionally, there is a growing focus on data security and disaster recovery, leading to a rise in demand for cloud-based infrastructure services. This presents opportunities for industry stakeholders to expand their services and cater to the evolving needs of the market.
Local special circumstances: In Tanzania, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the country's limited internet connectivity and inadequate IT infrastructure. Lack of reliable power supply and high costs of internet access pose significant challenges for businesses seeking cloud solutions. Additionally, the government's strict data privacy regulations and limited availability of skilled IT professionals also impact market growth. These unique local factors create a challenging environment for companies to adopt cloud services and require tailored solutions to meet the specific needs of the Tanzanian market.
Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Tanzania is influenced by macroeconomic factors such as the country's overall economic health, government policies, and global economic trends. Tanzania's rapidly growing economy and increasing investments in digital infrastructure are creating a favorable environment for the growth of the public cloud market. Moreover, the government's initiatives to promote digitalization and modernize its IT infrastructure are expected to further drive the demand for Infrastructure as a Service solutions. Additionally, the rising adoption of cloud computing by various industries and the increasing need for cost-effective and scalable IT solutions are contributing to the growth of the Infrastructure as a Service Market in Tanzania.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights