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.
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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
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.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights