Public Cloud - Namibia

Namibia

Revenue in the Public Cloud market is projected to reach US$26.70m in 2024.
Platform as a Service dominates the market with a projected market volume of US$8.36m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.55%, resulting in a market volume of US$62.53m by 2029.
The average spend per employee in the Public Cloud market is projected to reach US$26.75 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 Namibia is experiencing significant growth and development.

Customer preferences: Namibian customers are increasingly turning to the Public Cloud for their computing needs. This is driven by several factors, including the scalability and flexibility of cloud services, as well as the cost savings associated with outsourcing IT infrastructure. Additionally, the growing adoption of digital technologies and the need for remote access to data and applications are also contributing to the increased demand for Public Cloud services in Namibia.

Trends in the market: One of the key trends in the Public Cloud market in Namibia is the adoption of Software-as-a-Service (SaaS) solutions. Namibian businesses are increasingly leveraging SaaS applications to streamline their operations and enhance productivity. This trend is fueled by the availability of a wide range of SaaS solutions that cater to different business needs, such as customer relationship management, human resources management, and accounting. Another trend in the market is the growing demand for cloud storage services. With the increasing volume of data generated by businesses, there is a need for scalable and secure storage solutions. Cloud storage provides businesses with the ability to store and access their data from anywhere, at any time, while also ensuring data security and backup.

Local special circumstances: Namibia is a country with a relatively small population and limited IT infrastructure. This presents a unique opportunity for the Public Cloud market to thrive. The availability of cloud services allows businesses in Namibia to access advanced technologies and infrastructure without the need for significant upfront investments. This is particularly beneficial for small and medium-sized enterprises (SMEs) that may not have the resources to build and maintain their own IT infrastructure.

Underlying macroeconomic factors: The growth of the Public Cloud market in Namibia is also influenced by underlying macroeconomic factors. The Namibian government has recognized the importance of digital transformation and has been actively promoting the adoption of cloud services. This includes initiatives to improve internet connectivity and reduce the cost of data services, making it easier for businesses to access and utilize cloud services. Furthermore, the increasing integration of Namibia into the global economy and the rise of e-commerce are driving the demand for cloud services. As businesses in Namibia expand their operations and reach customers beyond the country's borders, the need for scalable and reliable IT infrastructure becomes even more critical. In conclusion, the Public Cloud market in Namibia is experiencing significant growth and development. The adoption of cloud services is driven by customer preferences for scalability, flexibility, and cost savings. The trends in the market include the adoption of SaaS solutions and the demand for cloud storage services. The local special circumstances, such as the limited IT infrastructure and the need for affordable solutions, further contribute to the growth of the market. Additionally, underlying macroeconomic factors, including government initiatives and the integration of Namibia into the global economy, are also supporting the development of the Public Cloud market in Namibia.

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.