Public Cloud - Mozambique

  • Mozambique
  • Revenue in the Public Cloud market is projected to reach US$105.20m in 2024.
  • Infrastructure as a Service dominates the market with a projected market volume of US$33.85m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 25.58%, resulting in a market volume of US$328.60m by 2029.
  • 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

 
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Analyst Opinion

The public cloud market in Mozambique is experiencing significant growth due to increasing adoption of digital technologies, rising awareness of the benefits of online services, and the convenience they offer. This substantial growth rate can be attributed to factors such as the availability of Infrastructure, Platform, Software, Business Process, Desktop, and Disaster Recovery as a Service.

Customer preferences:
As Mozambique's economy continues to grow and modernize, there has been a notable increase in demand for public cloud services. This is driven by a shift towards digital transformation and the need for businesses to remain competitive in the global market. Additionally, with the rise of remote work and virtual collaborations, there has been a growing trend towards utilizing cloud-based solutions for improved communication, productivity, and data management. This trend is expected to continue as more businesses recognize the benefits and convenience of utilizing public cloud services.

Trends in the market:
In Mozambique, the use of public cloud services is gaining momentum, with more businesses and organizations adopting cloud-based solutions for data storage, collaboration, and communication. This trend is driven by the country's growing economy and increasing investments in technology infrastructure. As a result, the public cloud market in Mozambique is expected to experience significant growth in the coming years. This trajectory presents opportunities for industry stakeholders, such as cloud service providers, to expand their offerings and cater to the specific needs of the Mozambican market. It also highlights the importance of investing in reliable and secure cloud solutions to meet the growing demand and ensure data protection for businesses and individuals alike.

Local special circumstances:
In Mozambique, the Public Cloud Market is experiencing steady growth due to the country's increasing adoption of digital technologies. With a large portion of the population having access to mobile devices, there is a growing demand for cloud-based solutions that offer convenience and cost-effectiveness. Additionally, the government's efforts to promote digital transformation and create a favorable business environment have also contributed to the market's growth. However, limited internet infrastructure and low levels of digital literacy remain challenges for the market's expansion.

Underlying macroeconomic factors:
The Public Cloud Market in Mozambique is heavily impacted by macroeconomic factors such as the country's GDP growth, government policies, and investment in digital infrastructure. With a fast-growing economy and increasing adoption of digital technologies, Mozambique presents a promising market for public cloud services. However, challenges such as limited internet connectivity and limited IT skillsets may hinder the market's growth potential. Additionally, the government's support and investment in digital transformation initiatives will play a crucial role in shaping the future of the Public Cloud Market in Mozambique.

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.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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