Public Cloud - United Arab Emirates

United Arab Emirates

Revenue in the Public Cloud market is projected to reach US$1,917.00m in 2024.
Software as a Service dominates the market with a projected market volume of US$925.50m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.00%, resulting in a market volume of US$4,574.00m by 2029.
The average spend per employee in the Public Cloud market is projected to reach US$276.50 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).

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Public Cloud market in United Arab Emirates is experiencing significant growth and development.

Customer preferences: Customers in United Arab Emirates are increasingly adopting Public Cloud services due to their scalability, cost-effectiveness, and flexibility. The ability to access and manage data and applications remotely is particularly appealing to businesses in the country. Additionally, the high level of security and reliability offered by Public Cloud providers is a key factor driving customer preferences.

Trends in the market: One of the notable trends in the Public Cloud market in United Arab Emirates is the increasing demand for Software-as-a-Service (SaaS) solutions. Businesses are opting for SaaS applications as they provide ready-to-use software solutions without the need for extensive infrastructure and maintenance. This trend is driven by the growing number of small and medium-sized enterprises (SMEs) in the country, which are looking for cost-effective and efficient ways to manage their operations. Another trend in the market is the rising adoption of hybrid cloud solutions. Many businesses in United Arab Emirates are opting for a combination of Public Cloud and private infrastructure to meet their specific needs. Hybrid cloud solutions offer the flexibility to store sensitive data on private servers while leveraging the scalability and cost-effectiveness of Public Cloud services for other applications. This trend is driven by the need for data security and compliance with local regulations.

Local special circumstances: The United Arab Emirates has a thriving business environment with a strong focus on technology and innovation. The government has been actively promoting the adoption of cloud computing as part of its digital transformation initiatives. This has created a favorable environment for the growth of the Public Cloud market in the country. Additionally, the presence of major global Public Cloud providers in United Arab Emirates has further accelerated the adoption of cloud services.

Underlying macroeconomic factors: The United Arab Emirates has a rapidly growing economy, driven by industries such as finance, tourism, and real estate. This economic growth has led to an increased demand for cloud services as businesses look for ways to streamline their operations and reduce costs. Furthermore, the government's focus on diversifying the economy and reducing dependence on oil has also contributed to the growth of the Public Cloud market. The adoption of cloud services enables businesses to be more agile and innovative, which is crucial in a rapidly evolving market. In conclusion, the Public Cloud market in United Arab Emirates is witnessing significant growth and development driven by customer preferences for scalability, cost-effectiveness, and flexibility. The increasing adoption of SaaS solutions and hybrid cloud models are key trends in the market. The favorable business environment, government support, and strong economic growth are the local special circumstances that are contributing to the growth of the Public Cloud market in United Arab Emirates.

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.