Public Cloud - Republic of the Congo

Republic of the Congo

Revenue in the Public Cloud market is projected to reach US$15.21m in 2024.
Platform as a Service dominates the market with a projected market volume of US$6.13m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.46%, resulting in a market volume of US$37.01m by 2029.
The average spend per employee in the Public Cloud market is projected to reach US$5.97 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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Analyst Opinion

The Public Cloud market in Republic of the Congo is seeing significant growth, driven by factors such as increasing adoption of digital technologies, rising awareness of the benefits of cloud services, and the convenience of online solutions. The considerable growth rate can be attributed to the demand for Infrastructure, Platform, Software, Business Process, and Desktop as a Service. This growth is also fueled by the country's efforts to improve its digital infrastructure and promote a more tech-savvy population.

Customer preferences: As the Republic of the Congo continues to embrace digital transformation, there is a growing demand for cloud-based solutions in the public sector. This trend is driven by the need for increased efficiency and cost savings in government operations. Additionally, the growing popularity of e-government services and the rise of smart city initiatives are further fueling the adoption of public cloud services.

Trends in the market: In Republic of the Congo, the Public Cloud Market is experiencing a surge in demand for cloud-based services, driven by the increasing adoption of digital transformation initiatives by businesses. This trend is expected to continue in the coming years, with the market projected to grow at a significant rate. This presents opportunities for cloud service providers to expand their offerings and cater to the evolving needs of businesses. However, it also poses challenges for traditional IT companies, who may struggle to keep up with the pace of innovation in the public cloud sector. This trend highlights the need for industry stakeholders to stay ahead of the curve and adapt to the changing landscape of the public cloud market in Republic of the Congo.

Local special circumstances: In Republic of the Congo, the Public Cloud Market is still in its nascent stage due to limited internet penetration and low awareness about cloud computing. However, with the government's efforts to improve digital infrastructure and promote e-governance, the market is expected to witness significant growth. Furthermore, the country's unique geographical challenges, such as poor road connectivity, make cloud-based solutions an attractive option for businesses. The local cultural preference for cost-effective solutions also drives the demand for public cloud services in the country.

Underlying macroeconomic factors: The Public Cloud Market in the Republic of the Congo is impacted by macroeconomic factors such as government investments in digital infrastructure, regulatory support, and global economic trends. Countries with strong government support and favorable regulatory environments are experiencing faster market growth compared to those with regulatory challenges. Furthermore, the increasing demand for cost-effective and scalable cloud solutions, coupled with the rising adoption of digital technologies, is driving the growth of the Public Cloud Market in the Republic of the Congo.

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.