Infrastructure as a Service - Uganda

  • Uganda
  • Revenue in the Infrastructure as a Service market is projected to reach US$32.06m 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 25.44%, resulting in a market volume of US$99.56m 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 Infrastructure as a Service market in Uganda has been witnessing substantial growth in the Public Cloud market, driven by factors like increasing adoption of digital technologies and rising awareness of the benefits of online services. This growth is primarily influenced by the growing demand for cost-effective and efficient IT infrastructure solutions in the country.

Customer preferences:
As organizations in Uganda increasingly rely on cloud-based infrastructure, the demand for Infrastructure as a Service (IaaS) in the Public Cloud Market is on the rise. This can be attributed to the growing preference for remote work and the need for scalable and cost-effective solutions. Additionally, the shift towards digitalization and the adoption of e-commerce platforms are driving the demand for IaaS, as businesses seek to enhance their online presence and improve customer experience.

Trends in the market:
In Uganda, there is a growing trend towards the adoption of Infrastructure as a Service (IaaS) within the Public Cloud Market. This is driven by the increasing demand for scalable and cost-effective IT infrastructure solutions by businesses and organizations. Additionally, there is a rise in the use of cloud-based services, such as data storage and analytics, which require robust IaaS capabilities. This trend is expected to continue, with more businesses and organizations shifting towards cloud-based solutions to improve their operational efficiency and reduce costs. This presents significant opportunities for industry stakeholders, including cloud service providers and IT infrastructure companies. However, it also poses challenges, such as the need for robust data security measures and skilled IT professionals to manage and maintain the IaaS infrastructure. As the adoption of IaaS continues to grow, it is crucial for industry stakeholders to stay updated on the latest technologies and best practices to remain competitive in the market.

Local special circumstances:
In Uganda, the Infrastructure as a Service Market within the Public Cloud Market is primarily driven by the country's improving internet infrastructure and the government's push for digital transformation. The market is also influenced by the unique geographical and cultural factors, such as the high mobile phone penetration and the growing demand for affordable technology solutions. Additionally, regulatory circumstances, such as data privacy laws and government policies, play a significant role in shaping the market dynamics.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Uganda is greatly influenced by macroeconomic factors such as government investments in digital infrastructure, regulatory policies promoting cloud adoption, and the overall economic health of the country. As Uganda continues to develop its digital economy, with initiatives such as the National Data Transmission Backbone Infrastructure and the National Backbone Infrastructure, the demand for cloud services is expected to increase. Additionally, the country's growing economy and stable fiscal policies are creating a conducive environment for businesses to invest in cloud technologies, driving the growth of the Infrastructure as a Service Market within the Public Cloud Market. The advancement of digital infrastructure and favorable economic conditions in Uganda are expected to further boost the market, as businesses seek more efficient and cost-effective ways to manage their IT infrastructure.

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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