Saudi Arabia Infrastructure as a Service Market is expected to grow at a robust CAGR
Saudi Arabia Infrastructure
as a Service Market is increasing due to the rising demand for scalable,
on-demand and pay-per-use IT infrastructure across industries throughout the forecast period.
According to TechSci
Research report, “Saudi
Arabia Infrastructure as a Service Market – By Region, Competition, Forecast and Opportunities, 2018-2028”,
The Infrastructure as a Service Market in Saudi Arabia is poised for strong
growth over the coming years, backed by supportive government initiatives. Vision
2030 is the ambitious reform program aimed at diversifying Saudi Arabia's
economy and reducing dependence on oil exports. A key pillar is developing
world-class education and training infrastructure to build a skilled workforce.To
achieve this, policies have been implemented to promote digital transformation
in the education sector. The National Transformation Program allocates
significant funding to enhance e-learning platforms and online educational
resources across schools, universities and vocational training institutes. The Ministry of Education has also launched
long-term partnerships with leading Infrastructure as a Service providers.
Through these, cloud-based learning platforms are being deployed nationally.
The strategic collaborations ensure institutions have access to
state-of-the-art cloud solutions to support hybrid and digital learning models Furthermore,
incentives like procurement subsidies and custom duty exemptions on edtech
products are encouraging educational bodies to invest in cloud technologies.
Standardized frameworks have been developed to guide organizations on cloud
platform selection and implementation. Analysts expect these government
initiatives to accelerate adoption of Infrastructure as a Service across Saudi
Arabia in the coming years. With continued policy and financial backing, the
Infrastructure as a Service market is well-positioned for robust growth
exceeding regional and global averages. Major providers are expanding
engagements in the country to capitalize on opportunities presented by the
growing demand for scalable, on-demand IT resources and services.
Browse over XX market
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The Saudi Arabia
Infrastructure as a Service (IaaS) market is segmented by service type,
deployment model, organization size, vertical and region. By service type, the
market is classified into Compute as a Service, Storage as a Service and
Network as a Service. Compute as a Service dominates due to the need for
scalable computing infrastructure. Storage as a Service is poised to grow at
the fastest rate due to increasing data volumes.
By deployment model, the
public IaaS segment dominates owing to scalability and low upfront costs.
However, hybrid IaaS is expected to witness higher growth as it combines the
advantages of public and private clouds. Large enterprises dominate
organization size segmentation, but SME adoption is growing rapidly.
By vertical, government, IT
& telecom and BFSI dominate while healthcare is projected to experience
strongest growth.
Regionally, Riyadh leads
followed by Makkah and Madinah. Eastern Province is likely to emerge as the
fastest growing regional IaaS market.
The segmentation provides
insight into current demand patterns and emerging opportunities in the
Kingdom's IaaS sector.
Key market players in the
Saudi Arabia Infrastructure as a Service Market are: -
- Amazon.com, Inc
- Microsoft Corporation
- Google LLC
- SAP SE
- Oracle Corporation
- International Business
Machines Corporation
- Alibaba Group Holding
Limited
- Saudi Telecom Company
- Huawei Technologies Co.,
Ltd.
- VMware, Inc
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“The Infrastructure as a
Service (IaaS) market in the Riyadh region of Saudi Arabia is well-positioned
for strong leadership within the national IaaS industry. Organizations based in
Riyadh across various commercial and industrial sectors have increasingly
leveraged IaaS solutions to support their IT infrastructure needs. Businesses
recognize the strategic and financial benefits cloud infrastructure services provide
in enabling flexible, scalable operations and remaining competitive in the
digital economy. The Riyadh region IaaS
market benefits from targeted policies and initiatives by the Saudi government.
Standardized procurement frameworks and guidelines have streamlined the
selection and deployment process for institutions based in Riyadh. Additionally,
incentives such as partial funding for cloud subscriptions encourage wider
adoption of IaaS platforms. These measures aim to develop world-class digital
capabilities to attract investment and diversify the economy as outlined in
Vision 2030. With the government prioritizing Riyadh as the hub for innovation
and new industries, major IaaS providers are expanding engagements and
partnerships in the region.
As cloud infrastructure
becomes integral to digital transformation roadmaps, the Riyadh region is
well-positioned to cement its leadership in the national IaaS industry over the
coming years. Standardized policies and incentives, coupled with the region's
economic importance, make it an attractive market for IaaS vendors and
customers alike..” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Saudi Arabia Infrastructure
as a Service Market Segmented By Service Type (Compute as a Service, Storage as
a Service, Network as a Service), By Deployment Model (Public IaaS, Private
IaaS, Hybrid IaaS), By Vertical (BFSI, Government, IT & Telecom, Healthcare
& Life Sciences, Retail & Consumer Goods, Manufacturing, Energy &
Utilities, Others), By Region, and By Competition, 2018-2028,” has evaluated the future growth
potential of Saudi Arabia Infrastructure as a Service Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Saudi Arabia Infrastructure as a Service
Market.
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