Infrastructure as a Service - Uzbekistan

  • Uzbekistan
  • In Uzbekistan, revenue in the 0 market is projected to reach US$151.70m in 2024.
  • The Infrastructure as a Service market dominates the market in Uzbekistan with a projected market volume of 0 in 2024.
  • Revenue in this sector is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 29.39%, leading to a market volume of US$550.10m by 2029.
  • In a global context, the United States will generate the majority of revenue, with an expected figure of US$77,050.00m in 2024.
  • Uzbekistan is witnessing a burgeoning demand for Infrastructure as a Service in the Public Cloud market, driven by its digital transformation initiatives and increasing tech investments.

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

 
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Analyst Opinion

The Infrastructure as a Service market in Uzbekistan is seeing substantial growth, driven by factors like the increasing adoption of cloud technology, growing demand for online services, and rising awareness of the benefits of public cloud. This trend is expected to continue as more businesses and organizations in the region realize the cost savings and convenience offered by this type of service.

Customer preferences:
With the rising adoption of cloud computing in Uzbekistan, there has been a noticeable shift towards Infrastructure as a Service (IaaS) solutions. This is largely attributed to the increasing demand for cost-effective and scalable IT infrastructure. Additionally, there has been a growing preference for cloud-based solutions among small and medium-sized enterprises (SMEs) due to their flexibility and ease of use. This trend is further amplified by the country's young and tech-savvy population, who are more inclined towards digital solutions.

Trends in the market:
In Uzbekistan, the Infrastructure as a Service Market within the Public Cloud Market is seeing a rise in demand for data storage and management solutions. This trend is driven by the increasing adoption of cloud computing by government agencies and businesses. In addition, there is a growing trend of using virtual desktops and servers, which offers cost savings and scalability for organizations. This trajectory is significant as it enables greater efficiency and productivity for businesses, while also promoting digitalization and modernization in the country. Industry stakeholders, such as cloud service providers and data center operators, can capitalize on this trend by expanding their offerings and investing in advanced infrastructure to meet the growing demand. However, there may also be potential implications for traditional IT service providers, as the shift towards cloud-based solutions may impact their business models. Overall, the current trends in the Infrastructure as a Service Market within the Public Cloud Market in Uzbekistan are indicative of a growing digital economy and present opportunities for industry players to thrive.

Local special circumstances:
In Uzbekistan, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the government's efforts to modernize its IT infrastructure and promote digital transformation. The country's geographical location also plays a role, as it serves as a key transit hub for landlocked Central Asian countries. Additionally, cultural factors such as a strong emphasis on education and a growing tech-savvy population contribute to the market's growth. The regulatory environment, with recent amendments to data protection laws and initiatives to promote e-government services, also plays a significant role in shaping the dynamics of the market.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Uzbekistan is affected by various macroeconomic factors. Global economic trends, such as the increasing adoption of cloud computing and digital transformation, are driving the demand for IaaS solutions in the country. Moreover, the national economic health and fiscal policies also play a crucial role in the growth of the market. Favorable regulatory environments and government initiatives to support digitalization and modernization of IT infrastructure are boosting the adoption of IaaS services in Uzbekistan. Additionally, the country's increasing investments in infrastructure development and its growing IT talent pool are contributing to the market's growth.

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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