Infrastructure as a Service - Tanzania

  • Tanzania
  • Revenue in the Infrastructure as a Service market is projected to reach US$54.20m 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 25.76%, resulting in a market volume of US$170.50m 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

 
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Analyst Opinion

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.

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