Platform as a Service - Sudan

  • Sudan
  • Revenue in the Platform as a Service market is projected to reach US$10.84m in 2024.
  • 0 dominates the market with a projected market volume of 0 in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 15.31%, resulting in a market volume of US$22.10m by 2029.
  • 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 Public Cloud market in Sudan is witnessing considerable growth, fueled by factors like the growing popularity of Platform as a Service, increasing awareness about digital solutions in healthcare, and the convenience of online health services. The market's rapid growth rate is impacted by the country's increasing reliance on digital technologies for healthcare delivery.

Customer preferences:
As Sudan continues to modernize and embrace technology, there is a growing demand for Platform as a Service (PaaS) within the Public Cloud Market. This trend is driven by an increasing reliance on digital solutions for business operations and the need for cost-effective and scalable options. Furthermore, there is a shift towards cloud-based solutions in the country, as it allows for greater flexibility and ease of access to data and applications. This trend is likely to continue as more businesses in Sudan recognize the benefits of PaaS and the potential for growth in the Public Cloud Market.

Trends in the market:
In Sudan, there is a growing demand for cloud-based services, including Platform as a Service (PaaS) within the Public Cloud Market. This trend is being driven by an increase in internet usage, mobile penetration, and the need for cost-effective and efficient IT solutions. As PaaS continues to gain popularity, it is expected that more businesses will adopt this technology to streamline their operations and reduce infrastructure costs. This trend is significant as it enables organizations to scale their IT resources and access advanced features without having to invest in expensive hardware and software. However, there may be challenges for industry stakeholders, such as data security and compliance issues, which need to be addressed to fully realize the potential of PaaS in Sudan.

Local special circumstances:
In Sudan, the Platform as a Service Market within the Public Cloud Market is influenced by the country's limited internet infrastructure and political instability. This has resulted in slower adoption of cloud services and a smaller market size compared to other regions. Local regulations also play a role, with restrictions on data sovereignty and privacy impacting market growth. Additionally, cultural factors such as the preference for in-person communication and distrust of online transactions may also hinder the market's potential.

Underlying macroeconomic factors:
The Platform as a Service Market within the Public Cloud Market in Sudan is heavily influenced by macroeconomic factors such as the country's overall economic stability, government fiscal policies, and global economic trends. Sudan's economy has been struggling in recent years due to political instability and economic sanctions, leading to limited investment in technology and infrastructure. However, with the recent lifting of sanctions and efforts to improve the business climate, there is potential for growth in the public cloud market. Additionally, the increasing adoption of digital transformation and the government's initiatives towards digitalization are expected to drive the demand for Platform as a Service solutions in Sudan.

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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