Infrastructure as a Service - Zambia

  • Zambia
  • Revenue in the Infrastructure as a Service market is projected to reach US$19.25m 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 23.94%, resulting in a market volume of US$56.30m 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

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The IaaS market in Zambia's public cloud sector is rapidly expanding, fueled by factors such as widespread adoption of digital solutions, growing health awareness, and the convenience of online services. This considerable growth is driven by increased demand for efficient and scalable infrastructure solutions, as well as the country's push towards digital transformation.

Customer preferences:
In Zambia, a growing trend among consumers is the adoption of Infrastructure as a Service solutions in the Public Cloud Market. This is driven by the increasing use of digital tools and technologies in various industries, such as e-commerce and finance. Additionally, the demand for flexible and scalable cloud services has also led to the rise of Infrastructure as a Service offerings. As a result, there has been a shift towards digital transformation and modernization across different sectors, driving the growth of the Infrastructure as a Service Market in Zambia.

Trends in the market:
In Zambia, the Infrastructure as a Service (IaaS) market within the Public Cloud Market is experiencing a surge in demand for cloud-based solutions, driven by the increasing need for cost-effective and scalable infrastructure. This trend is expected to continue in the coming years, with more businesses and organizations opting for IaaS to streamline their operations and reduce IT costs. This shift towards cloud-based infrastructure also presents opportunities for industry stakeholders, such as cloud service providers and data center operators, to expand their offerings and cater to the growing demand. Additionally, the adoption of IaaS is also expected to drive digital transformation and spur innovation in the Zambian market, further propelling economic growth in the country.

Local special circumstances:
In Zambia, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's limited internet connectivity and high cost of data. This has led to slow adoption of cloud services, especially among small and medium enterprises. Additionally, the country's regulatory environment, with strict data privacy laws, has created challenges for international cloud service providers. This has resulted in the emergence of local cloud providers catering to the unique needs of the Zambian market.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Zambia is heavily influenced by macroeconomic factors such as the country's economic stability, government policies, and investment in digital infrastructure. With the government's focus on improving digital infrastructure and promoting technology adoption, there is a growing demand for public cloud services in the country. Additionally, global economic trends, such as the increasing use of cloud-based services and the rise of remote work, are also driving the growth of the Infrastructure as a Service Market in Zambia. These factors, coupled with the country's improving economic health and favorable regulatory environment, are expected to continue fueling the market's growth in the coming years.

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
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)