Platform as a Service - Kazakhstan

  • Kazakhstan
  • Revenue in the Platform as a Service market is projected to reach US$238.00m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.36%, resulting in a market volume of US$552.80m by 2029.
  • The average spend per employee in the Platform as a Service market is projected to reach US$23.46 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$91,020.00m in 2024).

Key regions: United States, Italy, Australia, Netherlands, Japan

 
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Analyst Opinion

The Platform as a Service market in the Public Cloud market of Kazakhstan is experiencing significant growth, driven by factors such as increasing adoption of digital technologies, growing awareness of health issues, and the convenience of online health services. The market's high growth rate can be attributed to the country's rapid digital transformation and the increasing demand for efficient and cost-effective cloud solutions.

Customer preferences:
As the demand for digital transformation continues to increase in Kazakhstan, there has been a notable shift towards Platform as a Service (PaaS) within the Public Cloud Market. This trend is fueled by the country's growing tech-savvy population, as well as the government's push for digitalization. Additionally, the rising popularity of remote work and the need for efficient collaboration among teams have also contributed to the growth of PaaS in the country.

Trends in the market:
In Kazakhstan, the Platform as a Service Market within the Public Cloud Market is experiencing a surge in demand for cloud-based solutions, driven by the country's growing digital economy. This trend is expected to continue, with a focus on developing advanced PaaS tools and services to support a wide range of industries, from e-commerce to finance. These developments not only offer cost-effective solutions for businesses, but also open up opportunities for international players to enter the market. Additionally, this trend is likely to accelerate the adoption of cloud-based technologies in Kazakhstan, leading to increased efficiency and innovation in the country's overall digital landscape.

Local special circumstances:
In Kazakhstan, the Platform as a Service Market within the Public Cloud Market is influenced by the country's efforts to modernize its digital infrastructure and promote innovation. The government's Digital Kazakhstan program encourages the adoption of cloud technologies and has introduced regulations to ensure data privacy and security. Additionally, the country's strategic location and proximity to China and Europe make it an attractive market for cloud service providers. However, the limited availability of skilled IT professionals and language barriers can pose challenges for foreign companies entering the market.

Underlying macroeconomic factors:
The Platform as a Service Market within the Public Cloud Market in Kazakhstan is influenced by macroeconomic factors such as government initiatives to promote digital transformation, increasing adoption of cloud computing, and growing demand for cost-effective and scalable solutions. The country's stable economic growth and favorable business environment have also contributed to the market's growth. Furthermore, the increasing investments in ICT infrastructure and the rise of digitalization in various industries are expected to drive the demand for Platform as a Service solutions in Kazakhstan. Additionally, the country's strategic location and its efforts to become a regional digital hub make it an attractive market for PaaS providers.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. 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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