Report Description

The Oman Platform as a Service Market is expected to develop at a rapid pace between 2024 and 2028. The government is the driving force behind digital initiatives and Platform-as-a-Service is a critical component of many of their modernization initiatives. Continued investments in the nation's new data centres by local and foreign technology companies have spurred cloud adoption since these domestically situated facilities comply with Oman's data residency and governance requirements. Additionally, these expenditures have made it possible for public and private clouds to cohabit alongside conventional on-premises technology in hybrid multi-cloud systems.

The Oman Platform as a Service Market is anticipated to grow quickly between the years 2024 and 2028. Platform-as-a-Service is an essential part of many of the government's modernization activities. The government is the driving force behind digital endeavours. Continued investments by local and foreign technology providers in Oman's new data centres have boosted cloud adoption since these domestically situated facilities are compliant with the country's data residency and governance rules. Hybrid multi-cloud environments—public and private clouds that coexist with conventional on-premises technology—have also been made possible by these expenditures.


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Increasing use of automation, artificial intelligence, machine learning, and other market-driving technologies

Artificial intelligence and machine learning are expected to grow the Platform-as-a-Service business. Platform-as-a-Service offers traditional businesses access to automation, cloud computing, data management, and other cutting-edge technologies such as artificial intelligence and machine learning. Businesses may optimise their internal operations thanks to this, which raises productivity and reduces operating expenses. The demand for Platform-as-a-Service has increased as a consequence of its implementation in a number of sectors, including manufacturing, healthcare, finance, and transportation. Platform as a Service improves both top- and bottom-line performance by enabling IT to be more responsive to business opportunities. For instance, Platform as a Service enables the quick creation of mobile apps, the use of chatbots to create more imaginative user experiences, the adoption of blockchain to encourage more reliable transactions, the quickening of release cycles through the use of containers and APIs, and the improvement of data discovery and analysis.

Organizations must continuously develop and test out new cloud computing solutions in order to compete in the high-tech digital world of today. They must also keep an eye out for indicators of change in the market and customers. The swift shift in the corporate environment toward automated procedures and data-driven decision making is also true for marketing in the cloud.

Oman Platform as a Service Market Challenges

The cost issue is that are used to buying huge numbers of countable commodities such as licenses or hardware. Then added a bunch of services such as per-server administrative fees, per-CPU performance increases, and per-hour technical labor. The beautiful thing about it (apart from the fact that it must be paid) is that the cost is straightforward to calculate. Cloud malware injection, meltdowns, account or service hijacking, and man-in-the-cloud attacks expose company data vulnerabilities, which can result in business closure and losses. Cyber-attacks, on the other hand, disrupt corporate operations and limit the growth of the Platform-as-a-Service market.

Market Segments

Oman Platform as a Service Market is divided on the basis of type, deployment, organization size and industry vertical. Based on type, the market is further 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, others.


Market Players

Major market players of Oman Platform as a Service Market are IBM Oman, Gulf Infotech, Equinix IBX Oman, Omani Qatari Telecommunications Company, Oracle Oman, Oman Data Park, Mideast Data Systems Oman, Microsoft Oman, Bouzganda Group, and Al Sabla Digital Solutions LLC To achieve good market growth, businesses that are active in the market employ organic tactics such as product launches, mergers, and partnerships.

Recent Developments

In March 2022, Equinix, Inc., the world's digital infrastructure firm, has announced plans to construct a fresh new data centre in Salalah, located on the south coast of the Sultanate of Oman in the Middle East. The data center is being developed in collaboration with Omantel, the Middle East's top wholesale carrier, and will be fully managed commercially and operationally by Equinix as a carrier-neutral and open access Equinix International Business Exchange (IBX) data centre.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Type

Deployment

Organization Size

Industry Vertical

Regional scope

Muscat, Dhofar, Al Wusta, A'Sharqiyah, Rest of Oman

Key companies profiled

IBM Oman, Equinix IBX Oman, Gulf Infotech, Oracle Oman, Oman Data Park, Microsoft Oman, Mideast Data Systems Oman, Bouzganda Group, Omani Qatari Telecommunications Company, and Al Sabla Digital Solutions LLC

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Oman Platform as a Service Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Oman Platform as a Service Market, By Type:

o   Application Platform as a Service

o   Integration Platform as a Service

o   Database Platform as a Service

Oman Platform as a Service Market, By Deployment:

o   Private

o   Public

Oman Platform as a Service Market, By Organization Size:

o   Large Enterprise

o   Small & Medium Enterprise

Oman Platform as a Service Market, By Industry Vertical:

o   BFSI

o   Consumer Goods

o   IT & Telecom

o   Manufacturing

o   Healthcare

o   Energy & Utilities

o   Others

Oman Platform as a Service Market, By Region:

o   Muscat

o   Dhofar

o   Al Wusta

o   A'Sharqiyah

o   Rest of Oman

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Oman Platform as a Service Market

Available Customizations:

Oman Platform as a Service Market with the given market data, Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Oman Platform as a Service Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on Oman Platform as a Service Market

4.    Executive Summary

5.    Voice of Customers

5.1.        Awareness of Cloud Service

5.2.        Major Applications of Cloud Service

5.3.        Key Benefits of Cloud Service

5.4.        Key Vendor Selection Parameter

5.5.        Key Vendor Challenges

6.    Oman Platform as a Service Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type (Application Platform as a Service, Integration Platform as a Service, Database Platform as a Service)

6.2.2.    By Deployment (Private and Public)

6.2.3.    By Organization Size (Large Enterprise, Small & Medium Enterprise)

6.2.4.    By Industry Vertical (BFSI, Consumer Goods, IT & Telecom, Manufacturing, Healthcare, Energy & Utilities, Others)

6.2.5.    By Region (Muscat, Dhofar, Al Wusta, A'Sharqiyah, Rest of Oman)

6.2.6.    By Company (2022)

6.3.  Market Map

7.    Oman Application Platform as a Service Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Deployment

7.2.2.    By Organization Size

7.2.3.    By Industry Vertical

7.2.4.    By Region

8.    Oman Integration Platform as a Service Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Deployment

8.2.2.    By Organization Size

8.2.3.    By Industry Vertical

8.2.4.    By Region

9.    Oman Database Platform as a Service Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Deployment

9.2.2.    By Organization Size

9.2.3.    By Industry Vertical

9.2.4.    By Region

10. Market Dynamics

10.1.     Drivers

10.1.1. Following COVID-19, the use of cloud services has grown.

10.1.2. Increasing the use of automation, artificial intelligence, machine learning, and other market-driving technologies.

10.1.3.       Improved data analytics and efficient mobile application development.

10.2.           Challenges

10.2.1. The multi-cloud model's complexity.

10.2.2. Data security and privacy concerns.

11. Market Trends & Developments

11.1.        The growth of small and medium-sized firms is on the rise.

11.2.        Client experiences that are tailored to the individual are becoming increasingly crucial.

11.3.        The hybrid cloud services industry is growing.

11.4.        IoT and linked devices are widely used.

11.5.        Computing is increasingly being utilised to compute.

12. Porter’s Five Forces

13. Technology Analysis

13.1.        Artificial Intelligence

13.2.        Big Data

13.3.        Internet of Things

13.4.        Data Analytics

13.5.         Machine Learning

14. Policy & Regulatory Landscape

15. Oman Economic Profile

16. Company Profiles

16.1.               IBM Oman

16.1.1. Business Overview

16.1.2. Key Revenue and Financials (If available)

16.1.3. Recent Developments

16.1.4. Key Personnel

16.1.5. Key Product/Services

16.2.               Equinix IBX Oman

16.2.1. Business Overview

16.2.2. Key Revenue and Financials (If available)

16.2.3. Recent Developments

16.2.4. Key Personnel

16.2.5. Key Product/Services

16.3.               Gulf Infotech

16.3.1. Business Overview

16.3.2. Key Revenue and Financials (If available)

16.3.3. Recent Developments

16.3.4. Key Personnel

16.3.5. Key Product/Services

16.4.               Oracle Oman

16.4.1. Business Overview

16.4.2. Key Revenue and Financials (If available)

16.4.3. Recent Developments

16.4.4. Key Personnel

16.4.5. Key Product/Services

16.5.               Oman Data Park

16.5.1. Business Overview

16.5.2. Key Revenue and Financials (If available)

16.5.3. Recent Developments

16.5.4. Key Personnel

16.5.5. Key Product/Services

16.6.               Microsoft Oman

16.6.1. Business Overview

16.6.2. Key Revenue and Financials (If available)

16.6.3. Recent Developments

16.6.4. Key Personnel

16.6.5. Key Product/Services

16.7.               Mideast Data Systems Oman

16.7.1. Business Overview

16.7.2. Key Revenue and Financials (If available)

16.7.3. Recent Developments

16.7.4. Key Personnel

16.7.5. Key Product/Services

16.8.                BOUZGANDA GROUP

16.8.1. Business Overview

16.8.2. Key Revenue and Financials (If available)

16.8.3. Recent Developments

16.8.4. Key Personnel

16.8.5. Key Product/Services

16.9.               Omani Qatari Telecommunications Company

16.9.1. Business Overview

16.9.2. Key Revenue and Financials (If available)

16.9.3. Recent Developments

16.9.4. Key Personnel

16.9.5. Key Product/Services

16.10.            Al Sabla Digital Solutions LLC

16.10.1.              Business Overview

16.10.2.              Key Revenue and Financials (If available)

16.10.3.              Recent Developments

16.10.4.              Key Personnel

16.10.5.              Key Product/Services

17. Strategic Recommendations

17.1.               Service is the fastest growing market.

17.2.               End-User Market is the Fastest Growing

17.3.               Market Dominance by Region

17.4.               Developing Technologies

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Main market players in Oman Platform as a Service Market are IBM Oman, Equinix IBX Oman, Gulf Infotech, Oracle Oman, Oman Data Park, Microsoft Oman, Mideast Data Systems Oman, Bouzganda Group, Omani Qatari Telecommunications Company, and Al Sabla Digital Solutions LLC,

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The major drivers for Oman Platform as a Service Market are the increasing the use of automation, artificial intelligence, machine learning, and other market-driving technologies and Improved data analytics and efficient mobile application development.

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Muscat is expected to be the fastest growing region during the forecast period.

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Platform as a Service allows customers to deploy customer-made or bought applications written with programming languages and tools supported by the provider onto cloud infrastructure. The consumer does not manage or control the underlying cloud infrastructure, which includes the network, servers, operating systems, and storage.

profile

Sakshi Bajaal

Business Consultant
Press Release

Oman Platform as a Service market is expected to Register a High CAGR During the Forecast Period, 2024-2028

Mar, 2023

The Oman Platform as a Service market will see growth between 2024 and 2028 due to the rising demand for cutting-edge technologies such as artificial intelligence (AI) and machine learning.