Infrastructure as a Service - Uganda

  • Uganda
  • Revenue in the Infrastructure as a Service market is projected to reach US$34.46m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 25.36%, resulting in a market volume of US$106.70m by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$1.75 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

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

 
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Analyst Opinion

The Public Cloud Market in Uganda has seen substantial growth, fueled by the increasing adoption of Infrastructure as a Service and the convenience it offers. Factors such as rising technology awareness and growing health consciousness among consumers are driving this growth rate.

Customer preferences:
As the use of cloud-based technology becomes more prevalent in Uganda, there has been a noticeable increase in demand for Infrastructure as a Service solutions within the Public Cloud Market. This can be attributed to the country's growing reliance on digital infrastructure and the need for businesses to streamline their operations and reduce costs. Furthermore, with the rise of remote work and virtual collaboration, there is a growing need for scalable and reliable cloud computing services, making Infrastructure as a Service an appealing option for many businesses.

Trends in the market:
In Uganda, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand due to the country's growing digital economy. This trend is driven by the government's efforts to improve internet connectivity and promote e-commerce. Additionally, there is a rise in the adoption of cloud-based solutions by businesses to reduce costs and improve efficiency. These trends are expected to continue on an upward trajectory, presenting opportunities for industry stakeholders in the country. However, challenges such as limited infrastructure and data privacy concerns must be addressed to fully capitalize on this growth.

Local special circumstances:
In Uganda, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's geographical constraints, with limited internet connectivity and access to reliable electricity. This has led to the emergence of local providers offering innovative solutions tailored to the market's needs. Additionally, the government's focus on improving digital infrastructure and promoting technology adoption has created a conducive environment for the growth of the public cloud market, including Infrastructure as a Service.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Uganda is impacted by macroeconomic factors such as government investments in digital infrastructure, regulatory policies, and global economic trends. Countries with supportive regulatory environments and strong investments in digital infrastructure are experiencing faster market growth compared to regions with regulatory challenges and limited funding. The increasing demand for cost-effective and scalable solutions, coupled with the country's developing economy and rising internet penetration, is driving the growth of the Public Cloud Market in Uganda. Additionally, the growing trend towards remote work and the need for flexible IT solutions in the wake of the COVID-19 pandemic are also expected to contribute to the market's expansion.

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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