Public Cloud - Iran

Iran

Revenue in the Public Cloud market is projected to reach US$3,967.00m in 2024.
Platform as a Service dominates the market with a projected market volume of US$1,742.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 17.71%, resulting in a market volume of US$8,963.00m by 2029.
The average spend per employee in the Public Cloud market is projected to reach US$132.50 in 2024.
In global comparison, most revenue will be generated in the United States (US$388.50bn in 2024).

Key regions: United States, Germany, China, Japan, United Kingdom

Definition:

A public cloud is defined as the digital infrastructure and computing resources that are managed by a service provider. Examples of public cloud computing resources include virtual machines, storage, and services, all of which are available for purchase with flexible (e.g., pay as you go and subscription) business models. Such payment options make it possible for customers to access, scale, and utilize resources as needed. Public cloud solutions make it possible for users to save on IT costs, increase their efficiency, and take advantage of advanced technologies without having to invest in long-term IT solutions. Public cloud service providers own and maintain the physical infrastructure, hardware, and software. Users only need to pay for the computing resources that they require. The Public Cloud market refers to the companies that provide these cloud computing resources and services to individuals, businesses, and organizations.

Structure:

The Public Cloud market is structured into five markets based on the type of service models provided by the companies.

The Infrastructure as a Service (IaaS) market covers the resources and services related to the data center infrastructure.
The Platform as a Service (PaaS) market covers the resources and services related to the virtual environments used for software development.
The Software as a Service market (SaaS) market covers the resources and services related to software applications that can be accessed via a web browser.
The Business Process as a Service (BPaaS) market covers the resources and services related to the various business processes such as finance and accounting, human resources, customer service, and supply chain management, all delivered through the cloud.
The Desktop as a Service (DaaS) market covers the resources and services related to virtual desktop environments, which are accessible from any device with an internet connection.

Additional Information:

The public cloud market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players of the public cloud market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).

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Market

Region

Region comparison

Currency

Analyst Opinion

The Public Cloud market in Iran is experiencing significant growth, driven by factors such as increasing adoption of digital technologies, rising awareness of the benefits of online services, and the convenience offered by cloud solutions. This considerable growth can be attributed to the increasing demand for Infrastructure, Platform, Software, Business Process, and Desktop as a Service.

Customer preferences: With the rise of remote work and virtual learning, there has been a growing demand for cloud-based solutions in Iran's public sector. This shift towards digitalization has also led to a rise in demand for public cloud services, as organizations seek cost-effective and scalable options to store and access data. Additionally, the increasing adoption of smartphones and internet connectivity has further fueled the demand for public cloud services, as individuals and businesses look for convenient and secure ways to store and access data.

Trends in the market: In Iran, the Public Cloud Market is experiencing a surge in demand, driven by the government's push towards digital transformation and the increasing adoption of cloud-based solutions by businesses. This trend is expected to continue in the coming years, with more organizations turning to the cloud for its cost-efficiency and scalability. Additionally, the rise of remote work due to the pandemic has further accelerated the growth of the public cloud market in Iran. Industry stakeholders need to stay updated on these developments and invest in cloud infrastructure to stay competitive in the market.

Local special circumstances: In Iran, the Public Cloud Market is still in its nascent stage due to government regulations and cultural factors. The country's strict censorship laws have limited the use of cloud services, and cultural norms favor traditional on-premise solutions. However, with the recent easing of regulations and increasing internet penetration, there is a growing demand for cloud services in the country. Local providers are also emerging, catering to the unique needs and preferences of Iranian businesses, such as data localization and compliance with Islamic values. This, along with the government's support for digital transformation, is expected to drive the growth of the Public Cloud Market in Iran.

Underlying macroeconomic factors: The Public Cloud Market in Iran is heavily influenced by macroeconomic factors such as government policies, economic stability, and technological advancements. With the recent lifting of economic sanctions, Iran has experienced a surge in foreign investment and a growing demand for cloud services. Additionally, the country's young and tech-savvy population is driving the adoption of cloud technologies, further fueling market growth. However, challenges such as limited internet infrastructure and restrictive government regulations may hinder the market's full potential. As the global economy continues to recover and Iran's economy stabilizes, the Public Cloud Market is expected to see continued growth in the coming years.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of telecommunications infrastructure. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. 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.