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$34.46m 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.
The average spend per employee in the Public Cloud market is projected to reach US$4.85 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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Market

Region

Region comparison

Currency

Analyst Opinion

The Public Cloud market in Uganda is rapidly growing, fueled by factors such as increasing adoption of digital technologies, rising awareness of the benefits of online services, and the convenience of cloud-based solutions. Its substantial growth rate is impacted by the growing demand for Infrastructure, Platform, Software, Business Process, and Desktop as a Service.

Customer preferences: The growing adoption of remote work and e-learning due to the COVID-19 pandemic has accelerated the demand for public cloud services in Uganda. This trend is driven by the need for reliable and scalable solutions to support remote collaboration and digital learning. Additionally, the shift towards a more digital economy has led to an increased demand for cloud-based tools and applications to support businesses and consumers in accessing and managing their data and services remotely.

Trends in the market: In Uganda, there is a noticeable increase in the adoption of public cloud services across various industries, such as healthcare, education, and government. This trend can be attributed to the government's efforts to promote digitalization and the growing demand for cost-effective and scalable IT solutions. As a result, there has been a surge in the availability of local public cloud providers, offering customized solutions for specific industries. This trend is expected to continue, with a focus on enhancing data security and privacy, as well as providing reliable and high-performance services. For stakeholders, this presents opportunities for partnerships and investments in the local public cloud market, while also highlighting the need for continuous innovation and differentiation to stay competitive.

Local special circumstances: In Uganda, the Public Cloud Market is heavily influenced by the country's limited internet infrastructure and low internet penetration rates. As a result, the market is primarily driven by large enterprises and government organizations rather than individual consumers. Additionally, the government's strict data protection and privacy laws have created a unique regulatory environment that shapes the market dynamics. This has led to a slower adoption of cloud services compared to other markets, but also presents opportunities for local cloud providers to cater to the specific needs of the Ugandan market.

Underlying macroeconomic factors: The Public Cloud Market in Uganda is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with favorable regulatory environments and strong investment in cloud technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding for digital infrastructure. Additionally, the increasing demand for digital solutions, especially in industries such as education and healthcare, is driving the growth of the Public Cloud Market in Uganda. The country's stable economic growth and increasing adoption of digital technologies also contribute to the market's positive performance.

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.