Public Cloud - Uganda

Uganda

Revenue in the Public Cloud market is projected to reach US$95.46m in 2024.
Infrastructure as a Service dominates the market with a projected market volume of US$32.06m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 23.47%, resulting in a market volume of US$273.90m 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).

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Market

Region

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Analyst Opinion

The Public Cloud market in Uganda is experiencing substantial growth, driven by increasing adoption of digital technologies, rising awareness of digital health among consumers, and the convenience of online health services. Factors such as the availability of Infrastructure, Platform, Software, Business Process, Desktop, and Disaster Recovery as a Service contribute to this growth rate.

Customer preferences: In Uganda, there has been a noticeable increase in the adoption of public cloud services, with businesses and organizations seeking cost-effective and scalable solutions. This trend is fueled by a growing tech-savvy population and a shift towards digitalization across various industries. Additionally, there is a growing demand for data security and privacy, leading to the preference for reputable and trusted public cloud providers. This highlights a shift towards a more modern and efficient approach to managing data and operations in Uganda.

Trends in the market: In Uganda, the public cloud market is experiencing a surge in demand for cloud-based services, driven by the increasing adoption of digital transformation strategies by organizations. This trend is expected to continue as more businesses realize the cost-efficiency and scalability benefits of the cloud. As a result, there has been a rise in the number of cloud service providers entering the market, offering a wide range of solutions to cater to the growing demand. This trend is significant for industry stakeholders, as it presents opportunities for partnerships and collaborations, while also posing challenges in terms of competition and differentiation. Additionally, the growth of the public cloud market in Uganda has the potential to drive economic growth and innovation in the country, as businesses leverage the cloud to improve their operations and expand their reach. It is crucial for stakeholders to stay updated on the trajectory of this trend and adapt their strategies accordingly to capitalize on the opportunities in the market.

Local special circumstances: In Uganda, the Public Cloud Market is still in its early stages, with a relatively small but rapidly growing user base. This is due to the country's improving internet infrastructure and increasing adoption of technology in business operations. Additionally, the government's efforts to promote digitalization and the emergence of tech hubs have contributed to the growth of the market. However, challenges such as limited access to electricity and a lack of skilled IT professionals continue to hinder the market's expansion.

Underlying macroeconomic factors: The Public Cloud Market in Uganda is heavily influenced by macroeconomic factors such as the country's economic stability, government policies, and global economic trends. With a relatively stable economy and a growing emphasis on digitalization, Uganda is witnessing a rise in demand for public cloud services. Additionally, the government's efforts to improve internet connectivity and promote the use of digital technologies are further driving the adoption of public cloud solutions in the country. However, factors such as limited IT infrastructure and low internet penetration rates pose challenges to the growth of the market. Furthermore, the global trend towards cloud computing and the increasing use of digital solutions by businesses worldwide are also contributing to the growth of the Public Cloud Market in Uganda.

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.