Public Cloud

Malawi

Highlights

Revenue in the Public Cloud market is projected to reach US$22.46m in 2024.
Infrastructure as a Service dominates the market with a projected market volume of US$7.36m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.60%, resulting in a market volume of US$52.71m by 2029.
In global comparison, most revenue will be generated United States (US$388.50bn in 2024).

Key regions:

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 definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Public Cloud market in Malawi is experiencing slow growth due to factors such as limited internet infrastructure, low digital literacy, and concerns over data security. Despite this, the market is expected to grow as the government and businesses invest in digital transformation and the demand for cost-effective cloud solutions increases.

Customer preferences: As the world becomes more digitally connected, consumers in Malawi are increasingly looking to the Public Cloud Market for convenient and efficient solutions. This has led to a rise in demand for cloud-based services such as online banking and e-commerce. Additionally, the shift towards remote work and virtual collaborations has fueled the need for cloud-based communication and collaboration tools. This trend is expected to continue as more individuals embrace the benefits of cloud technology in their personal and professional lives.

Trends in the market: In Malawi, the Public Cloud Market is experiencing a surge in demand for cloud-based services, as more businesses and organizations shift towards remote work and digital solutions. This trend is expected to continue, with projections showing a steady growth in the adoption of public cloud services. This has significant implications for industry stakeholders, as it presents opportunities for increased revenue and innovation in the market. Additionally, the shift towards cloud-based solutions in Malawi has the potential to improve efficiency and productivity for businesses, while also providing greater accessibility and scalability for smaller organizations. As such, it is essential for industry players to stay on top of this trend and invest in developing robust and user-friendly cloud-based solutions to cater to the evolving needs of the market.

Local special circumstances: In Malawi, the Public Cloud market is steadily growing due to the country's increasing internet penetration and government initiatives to promote digital transformation. With limited physical infrastructure, businesses and organizations are turning to cloud solutions for cost-effective and scalable IT solutions. Additionally, Malawi's unique cultural and regulatory environment, with a strong focus on community and traditional values, has influenced the adoption of cloud technology in the public sector. This has led to the emergence of innovative cloud-based solutions tailored to the local market needs.

Underlying macroeconomic factors: The Public Cloud Market in Malawi is also impacted by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with supportive regulatory environments and strong investment in cloud technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Moreover, the increasing adoption of digital solutions and the growing demand for remote work capabilities due to the COVID-19 pandemic are driving the demand for public cloud services in Malawi.

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.