Market Research

IMARC Group, a leading market research company, has recently releases report titled “Saudi Arabia Public Cloud Market Report by Service (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), End Use (BFSI, IT and Telecom, Retail and Consumer Goods, Manufacturing, Energy and Utilities, Healthcare, Media and Entertainment, Government and Public Sector, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the Saudi Arabia public cloud market trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Saudi Arabia Public Cloud Market?

Saudi Arabia public cloud market size is projected to exhibit a growth rate (CAGR) of 12.93% during 2024-2032.

Saudi Arabia Public Cloud Market Trends and Drivers:

The Saudi Arabia public cloud market is expanding rapidly, owing to the growing digital revolution occurring in various industries. Besides this, government programs such as Vision 2030, which seeks to improve technology infrastructure and diversify the economy, are a major factor driving the adoption of cloud technologies. Moreover, the push towards smart cities, e-governance, and digital services in the healthcare, education, and finance sectors are major contributors to the rising demand for public cloud solutions. Additionally, the growing number of startups and SMEs adopting cloud services to reduce information technology (IT) costs and improve scalability is bolstering the expansion of the Saudi Arabia public cloud market. Meanwhile, the strategic partnerships between local enterprises and global cloud service providers are also facilitating the integration of advanced cloud solutions, further driving the market.

In addition to support from government bodies, the Saudi Arabia public cloud market is witnessing a surge in demand for data security and compliance solutions, which public cloud services are increasingly able to provide. In line with this, advancements in cloud technology, such as artificial intelligence (AI), machine learning (ML), and big data analytics, are enhancing the capabilities of public cloud offerings, making them highly attractive to businesses looking to use these technologies for competitive advantage. Furthermore, the establishment of local data centers by leading cloud providers ensures data sovereignty, which addresses regulatory requirements and enhances trust among enterprises. These factors collectively underscore the rapid growth trajectory of the Saudi Arabia public cloud market, positioning it as a pivotal element in the nation's digital economy transformation.

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Saudi Arabia Public Cloud Market Report Segmentation:

The report is organized into distinct sections as follows:

Service Insights:

• Infrastructure as a Service (IaaS)
• Platform as a Service (PaaS)
• Software as a Service (SaaS)

Enterprise Size Insights:

• Large Enterprises
• Small and Medium-sized Enterprises

End Use Insights:

• BFSI
• IT and Telecom
• Retail and Consumer Goods
• Manufacturing
• Energy and Utilities
• Healthcare
• Media and Entertainment
• Government and Public Sector
• Others

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

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 Other Key Points Covered in the Report:

• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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