Public Cloud - Niger

Niger

Revenue in the Public Cloud market is projected to reach US$26.19m in 2024.
Software as a Service dominates the market with a projected market volume of US$8.88m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 22.61%, resulting in a market volume of US$72.56m 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

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).

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Public Cloud market in Niger is experiencing significant growth, driven by factors such as increasing demand for digital solutions, rising awareness of cloud technology, and the convenience of online services. The growth rate is substantial, and is likely influenced by the adoption of various sub-markets, including Infrastructure as a Service, Platform as a Service, Software as a Service, Business Process as a Service, Desktop as a Service, and Disaster Recovery as a Service.

Customer preferences: Nigerian businesses are increasingly adopting cloud computing solutions to streamline operations and enhance efficiency. This is driven by a growing preference for remote work and collaboration tools, as well as the need for secure data storage and backup. Additionally, the country's growing tech-savvy population and increasing investment in IT infrastructure are fueling the adoption of public cloud services. As a result, the public cloud market in Niger is expected to witness significant growth in the coming years.

Trends in the market: In Niger, there is a growing trend of using public cloud services among businesses to streamline operations and reduce costs. This trend is expected to continue as the government invests in improving internet infrastructure and promoting digital transformation. Additionally, there is a significant increase in demand for cloud-based solutions in the education and healthcare sectors. This is significant for industry stakeholders as it presents opportunities for expansion and diversification in the market. With the potential for increased efficiency and cost savings, businesses and organizations are likely to adopt public cloud services, leading to a potential shift in the traditional IT landscape in Niger.

Local special circumstances: In Niger, the Public Cloud Market is still in its early stages of development, with limited internet penetration and infrastructure. However, the government's efforts to improve internet access and promote digitalization are expected to drive market growth. Additionally, the country's unique geographic and cultural factors, such as its largely rural population and reliance on agriculture, will influence the demand for public cloud services. These factors may lead to the development of specialized public cloud solutions tailored to the needs of Niger's population.

Underlying macroeconomic factors: The Public Cloud Market in Niger is heavily influenced by macroeconomic factors such as political stability, infrastructure development, and investment in technology. The country's economic growth and stability have attracted foreign investment and led to the development of advanced telecommunications infrastructure, creating a favorable environment for the adoption of public cloud services. Additionally, the increasing need for cost-effective and scalable IT solutions in the country's growing digital economy has also contributed to the growth of the public cloud market. The government's efforts to promote digital transformation and the country's young and tech-savvy population are also driving the demand for public cloud services in Niger.

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.