Markntel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the Middle East & Africa Private Cloud Services market. The research report on the Middle East & Africa Private Cloud Services Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts.
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The report further comprises, “Middle East & Africa Private Cloud Services Market Research Report: Forecast (2023-2028)”,
The Market is estimated to grow at a CAGR of around 28.77% during the forecast period, i.e., (2023-28).
Download the PDF Sample Copy (Including FULL TOC, Graphs, and Tables) of this Report - https://www.marknteladvisors.com/query/request-sample/mea-private-cloud-services-market.html
The Middle East & Africa Private Cloud Services Market Challenge:
Stringent Regulations Related to Private Cloud Services Market have Negative Effects on Growth - The countries in the Middle East region such as the UAE, Qatar, Saudi Arabia, etc., have various data protection and privacy regulations, which have been quite strict. Ensuring compliance with these regulations and implementing robust data security measures has been a challenge for organizations adopting & providing private cloud solutions. Hence, the stricter data protection laws and compliance requirements have posed additional complexities and costs for businesses in the region, which has significantly affected the growth of the Private Cloud Services Market.
In addition to these regulations, increased data breach cases as well as phishing activities prevalent in the region have also made enterprises susceptible to its usage. The cases of data breaches increased significantly as according to the Group-IB, the Middle East and Africa Business, at least 50 organizations were attacked by ransomware in 2021, which was an 85% increase from 2020. Thus, with the growing prevalence of cyber hacking activities and data security compliances, the market for private cloud has been experiencing a significant challenge, which is projected to remain same in the upcoming years as well.
Middle East & Africa Private Cloud Services Market Analysis Based On Segment, Geography
The Middle East & Africa Private Cloud Services market is segmented into significant segments based on:
By Service Model
-Infrastructure as a Service (IaaS)- Market Size & Forecast 2018-2028F, USD Million
-Platform as a Service (PaaS)- Market Size & Forecast 2018-2028F, USD Million
-Software as a Service (SaaS)- Market Size & Forecast 2018-2028F, USD Million
By Organization Size
-Small & Medium Enterprises (Up to 500)- Market Size & Forecast 2018-2028F, USD Million
-Large Enterprises (Above 500)- Market Size & Forecast 2018-2028F, USD Million
By End User
-BFSI- Market Size & Forecast 2018-2028F, USD Million
-IT & Telecom- Market Size & Forecast 2018-2028F, USD Million
-Government- Market Size & Forecast 2018-2028F, USD Million
-Energy & Utilities- Market Size & Forecast 2018-2028F, USD Million
-Retail- Market Size & Forecast 2018-2028F, USD Million
-Manufacturing- Market Size & Forecast 2018-2028F, USD Million
-Others (Media & Entertainment, Education & Healthcare, etc.)- Market Size & Forecast 2018-2028F, USD Million
By Country
-The UAE
-Saudi Arabia
-Israel
-Turkey
-Egypt
-South Africa
-Rest of the Middle East & Africa.
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/mea-private-cloud-services-market.html
Top Companies Essentially Working in Middle East & Africa Private Cloud Services Market
Amazon Web Services, Inc., Cisco Systems Inc., Dell Inc., IBM Corporation, SAP SE, VMware Inc., Microsoft Corporation, Hewlett Packard Enterprise, Databricks, OpenStack, Tencent Cloud, Others.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Middle East & Africa Private Cloud Services adoption?
- How has the competition been shaping up across the geography?
6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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