Saudi Arabia Platform as a Service Market to Grow at Impressive Rate through 2028
The rising need for new technologies such as artificial
intelligence (AI) and machine learning would boost the Saudi Arabia Platform as
a Service market between 2024 and 2028.
According to
TechSci Research report, Saudi Arabia Platform as a Service Market - By Region,
Competition Forecast & Opportunities, 2018-2028, the Saudi Arabia Platform as
a Service Market is expected to register robust growth during the forecast
period, 2024-2028. Artificial intelligence, the Internet of
Things, and other technologies are boosting the Platform-as-a-Service industry.
Furthermore, Platform-as-a-Service provides the population with several
benefits such as data breach protection, easy access to data from anywhere in
the world at any time, and reduced IT expenditures, among others, which may be
attributed to the increase in demand for Platform-as-a-Service in the Saudi
Arabian market.
The Cloud First Policy has
also been introduced in the Kingdom of Saudi Arabia. This approach intends to
accelerate government organizations’ transition from traditional IT systems to
cloud-based alternatives. This policy applies to government and semi-government
enterprises, except for agencies solely responsible for national cyber security
and safety. Furthermore, Saudi SMEs have already begun to embrace Platform-as-a-Service,
and the Covid-19 situation is expected to accelerate this trend. More than a
quarter of firms in the kingdom want to implement a combination of on-premises/dedicated
private clouds, different public clouds, and legacy systems to suit their
technological demands. The Internet of Things, artificial intelligence, and
other technologies are positively affecting the Platform-as-a-Service market.
The fact that Platform-as-a-Service offers the populace several advantages,
including the prevention of data breaches, easy access to data from anywhere in
the world at any time, and lower IT costs, is responsible for driving Saudi
Arabia Platform as a Service market.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on the "Saudi Arabia Platform as a Service Market"
Platform-as-a-Service makes
it possible for businesses to operate and react to changing market conditions
more quickly and efficiently. It makes consumerization of technology simpler.
It has created hitherto untapped doors for producing incredibly captivating
customer experiences. Platform-as-a-Service has changed how individuals and
businesses behave, enabling many business lines to get beyond technological
limitations. Enterprise investment strategies, digital business decision-making
procedures, and vendor and technology selections are all heavily influenced by
cloud developments.
Saudi Arabia Platform as a Service Market is divided on the basis of type,
deployment, organization size, and industry vertical. Based on type, the market
is divided into application Platform as a Service, integration Platform as a
Service, and database Platform as a Service. Based on organization size, the
market is divided into large enterprise, small & medium enterprise. Based
on industry vertical, the market is divided into BFSI, consumer goods, IT &
Telecom, manufacturing, healthcare, energy & utilities, and others
Key market
players in the Saudi Arabia Platform as a Service Market include:
- SAP Saudi
Arabia
- IBM Middle
East
- Alibaba Cloud
- Oracle Saudi
Arabia
- Hewlett
Packard Enterprise Development LP
- AWS Middle
East
- NourNet
- Zoho
Corporation
- Google Saudi
Arabia
- Microsoft
Middle East
Download Free Sample Report
Customers can also request for 10% free
customization on this report.
“The Saudi Arabia Platform-as-a-Service industry is anticipated to see substantial effects over the next five years due to the global pandemic that has disrupted the global economy, particularly the Saudi Arabian economy. People working their whole network-based employment from home has significantly increased the country's requirement for Platform-as-a-Service. Additionally, Platform-as-a-Service reduces IT costs, which might be very advantageous for the country during the COVID-19 period and is anticipated to expand throughout the forecast period of 2024–2028.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
Saudi
Arabia Platform as a Service Market By Type (Application Platform as a Service,
Integration Platform as a Service, Database Platform as a Service), By
Deployment (Private and Public), By Organization Size (Large Enterprise, Small
& Medium Enterprise), By Industry Vertical (BFSI, Consumer Goods, IT &
Telecom, Manufacturing, Healthcare, Energy & Utilities, Others) By Region,
Competition Forecast and Opportunities, 2028 has assessed the Saudi Arabia Platform
as a Service market's future development potential and provides data and
information on market size, structure, and projected market growth. The
report's goal is to give current market knowledge and assist decision makers in
making informed investment decisions. Furthermore, the study identifies and
analyses emerging trends, as well as key drivers, constraints, and
opportunities in the Saudi Arabia Platform as a Service market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com