Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 6.55 Billion

Market Size (2029)

USD 38.50 Billion

CAGR (2024-2029)

34.14%

Fastest Growing Segment

SMEs

Largest Market

Dubai

Market Overview

UAE Cloud Computing Market was valued at USD 6.55 Billion in 2023 and is expected to reach USD 38.50 Billion in 2029 with a CAGR of 34.14% during forecast period. 

United Arab Emirates (UAE) cloud computing market has experienced significant growth and transformation over recent years, driven by a combination of government initiatives, digital transformation across various industries, and increasing adoption of advanced technologies. As one of the most technologically advanced nations in the Middle East, the UAE has positioned itself as a regional hub for innovation and technological advancement. The cloud computing market in the UAE is characterized by the presence of major global players such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and IBM Cloud, alongside regional providers like eHosting DataFort and du. These companies are investing heavily in the region, setting up data centers and forming strategic partnerships to cater to the growing demand for cloud services.

The UAE government's proactive approach towards digital transformation has been a significant driver of the cloud computing market. Initiatives like the UAE Vision 2021 and the Dubai Smart City project aim to foster a knowledge-based economy, enhance government services, and improve the overall quality of life through the adoption of smart technologies. These initiatives have spurred the adoption of cloud computing across various sectors, including government, healthcare, education, and retail. The government's emphasis on cybersecurity and data sovereignty has also led to the establishment of local data centers, ensuring that sensitive data is stored within the country and compliant with local regulations.

The private sector in the UAE is rapidly embracing cloud computing to enhance operational efficiency, reduce costs, and gain a competitive edge. Industries such as banking, real estate, and hospitality are leveraging cloud solutions for data storage, analytics, and customer relationship management. The flexibility and scalability offered by cloud computing enable businesses to quickly adapt to market changes and scale their operations as needed. Moreover, the COVID-19 pandemic has accelerated the adoption of cloud-based solutions as organizations shifted to remote working models and digital collaboration tools to ensure business continuity.

The UAE's strong focus on artificial intelligence (AI) and the Internet of Things (IoT) further fuels the demand for cloud computing. The UAE AI Strategy 2031 aims to position the country as a leader in AI by integrating AI into various sectors and encouraging innovation. Cloud computing serves as the backbone for AI and IoT applications, providing the necessary infrastructure for data processing, storage, and analysis. As AI and IoT adoption increase, the reliance on cloud services is expected to grow, driving further market expansion.

Despite the positive growth trajectory, the UAE cloud computing market faces challenges, such as data security concerns, regulatory compliance, and the need for skilled IT professionals. Cybersecurity remains a top priority for organizations as they move their operations to the cloud. Ensuring data protection and privacy is crucial to maintaining trust and compliance with international standards. Additionally, there is a growing demand for skilled IT professionals who can manage and optimize cloud environments. The UAE is investing in education and training programs to build a workforce capable of supporting the evolving technology landscape.

Key Market Drivers

Government Initiatives and Policies

The UAE government has been a significant driver of cloud computing adoption through a series of strategic initiatives and policies aimed at fostering a knowledge-based economy and enhancing public sector efficiency. Programs like UAE Vision 2021 and the Dubai Smart City project emphasize the integration of advanced technologies, including cloud computing, to improve public services and overall quality of life. The government has invested heavily in digital infrastructure and has established regulatory frameworks to ensure data protection and cybersecurity. By mandating the use of cloud services in various government departments and encouraging private sector partnerships, the UAE government has created a conducive environment for cloud computing growth. These efforts not only streamline governmental operations but also set a precedent for private enterprises to follow suit, thereby driving widespread cloud adoption across the nation.

Digital Transformation Across Industries

Industries in the UAE are rapidly embracing digital transformation to enhance operational efficiency, improve customer experiences, and stay competitive in a global market. Sectors such as banking, healthcare, retail, and real estate are leveraging cloud computing to achieve these goals. Cloud-based solutions offer scalability, flexibility, and cost-effectiveness, which are essential for businesses looking to innovate and adapt quickly to market changes. For instance, banks are using cloud services for data analytics and fraud detection, healthcare providers are adopting electronic health records stored on the cloud, and retailers are utilizing cloud platforms for inventory management and personalized marketing. This widespread adoption across various sectors drives significant demand for cloud services, making digital transformation a key market driver in the UAE.

AI and IoT Integration

The integration of Artificial Intelligence (AI) and the Internet of Things (IoT) is a major catalyst for the growth of cloud computing in the UAE. The UAE AI Strategy 2031 aims to position the country as a global leader in AI by embedding AI across multiple sectors and promoting innovation. Cloud computing is essential for AI and IoT applications as it provides the necessary infrastructure for data storage, processing, and analysis. Businesses in the UAE are increasingly deploying AI-driven solutions for predictive analytics, automation, and enhanced decision-making, all of which rely heavily on cloud platforms. Similarly, IoT applications in smart cities, healthcare, and logistics depend on cloud infrastructure to handle the vast amounts of data generated by connected devices. The synergy between AI, IoT, and cloud computing is driving significant growth and investment in the UAE's cloud market.

Increased Focus on Cybersecurity

As organizations in the UAE migrate to cloud environments, the focus on cybersecurity has become more pronounced. Ensuring data protection, privacy, and compliance with international standards is crucial for maintaining trust and securing sensitive information. The UAE has implemented robust cybersecurity regulations and established dedicated authorities like the UAE Cybersecurity Council to oversee and enhance the nation’s cybersecurity posture. Cloud service providers are continuously enhancing their security measures, offering advanced encryption, multi-factor authentication, and threat detection services. The heightened emphasis on cybersecurity reassures businesses and encourages them to adopt cloud solutions, knowing that their data and operations are protected. This increased focus on cybersecurity is a significant driver for the adoption and growth of cloud computing in the UAE.


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Key Market Challenges

Data Security and Privacy Concerns

One of the primary challenges in the UAE cloud computing market is ensuring data security and privacy. With increasing cyber threats and data breaches globally, businesses are wary of storing sensitive information in the cloud. Despite advancements in cloud security measures, concerns about unauthorized access, data leaks, and compliance with data protection regulations persist. In the UAE, where regulatory requirements are stringent, companies must navigate local data protection laws, such as the DIFC Data Protection Law and ADGM Data Protection Regulations. Ensuring that cloud providers comply with these regulations while maintaining robust security protocols is crucial. Businesses also need to implement comprehensive security strategies, including encryption, access controls, and regular security audits. The challenge is to strike a balance between leveraging the benefits of cloud computing and maintaining the highest levels of data security and privacy.

Regulatory Compliance

Regulatory compliance poses a significant challenge for the cloud computing market in the UAE. The region has specific data residency requirements and regulations that mandate where data can be stored and processed. These regulations are designed to protect national security and personal privacy but can complicate the deployment of cloud services. Cloud providers must ensure that their data centers and services comply with local laws, which often requires establishing local data centers or partnering with local entities. Additionally, businesses using cloud services must be vigilant in understanding and adhering to these regulations to avoid penalties and legal issues. Navigating the complex landscape of regulatory compliance requires continuous monitoring and adaptation to evolving laws and standards, making it a challenging aspect of cloud computing in the UAE.

Infrastructure and Connectivity Limitations

While the UAE has made significant investments in its digital infrastructure, challenges related to connectivity and infrastructure still exist. Cloud computing relies heavily on high-speed internet connections and robust IT infrastructure. In certain areas, especially remote and less developed regions, the quality and reliability of internet connectivity can be inconsistent. This inconsistency can hinder the seamless operation of cloud services, affecting businesses that rely on real-time data processing and access. Additionally, the high cost of advanced infrastructure can be a barrier for small and medium-sized enterprises (SMEs) looking to adopt cloud solutions. Addressing these limitations requires continued investment in improving and expanding the national IT infrastructure, ensuring that all regions have access to reliable, high-speed internet connections to fully leverage the benefits of cloud computing.

Skill Gaps and Workforce Readiness

The rapid growth of the cloud computing market in the UAE has outpaced the availability of skilled professionals capable of managing and deploying cloud services. There is a significant skill gap in the market, with a shortage of qualified IT professionals who possess expertise in cloud technologies, cybersecurity, and data management. This skill gap can impede the adoption and effective utilization of cloud services by businesses. To address this challenge, there is a need for comprehensive training programs, certifications, and educational initiatives aimed at building a skilled workforce. Collaboration between the government, educational institutions, and industry players is essential to develop talent pipelines and ensure that the workforce is equipped with the necessary skills to support the burgeoning cloud computing sector.

Key Market Trends

Rapid Adoption of Cloud Services by SMEs

In recent years, small and medium-sized enterprises (SMEs) in the UAE have increasingly turned to cloud computing to enhance their operational efficiency and reduce costs. This trend is driven by several factors, including the need for scalable solutions, cost savings, and the agility that cloud services provide. The UAE government’s support for digital transformation, particularly through initiatives like the UAE Vision 2021, has also played a crucial role in encouraging SMEs to adopt cloud technologies.

The benefits of cloud computing for SMEs are manifold. By migrating to the cloud, these businesses can avoid the high upfront costs associated with traditional IT infrastructure. Instead, they can leverage a pay-as-you-go model, which allows them to scale their IT resources according to demand. This flexibility is particularly important for SMEs, which often face fluctuating business conditions. Additionally, cloud services provide enhanced security and data management capabilities, which are critical for maintaining competitiveness in today’s digital economy.

Cloud service providers have recognized the potential of the SME market and are offering tailored solutions to meet their specific needs. These include packages that offer a combination of software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS) solutions. As a result, SMEs in the UAE can access a wide range of cloud-based applications and services that were previously out of reach due to cost and complexity.

Government Initiatives and Investments

The UAE government has been a strong advocate for cloud computing, recognizing its potential to drive economic growth and enhance public services. Initiatives such as the UAE Vision 2021 and the Dubai Smart City project underscore the government’s commitment to leveraging cloud technologies to achieve its digital transformation goals. These initiatives aim to make the UAE one of the world’s most technologically advanced nations, with cloud computing playing a central role in this transformation.

One of the key drivers behind the government’s push for cloud adoption is the need to improve the efficiency and effectiveness of public services. By migrating to the cloud, government agencies can enhance their data management capabilities, streamline operations, and improve service delivery to citizens. For example, the Dubai government’s initiative to move 100% of its services to the cloud by 2021 is a testament to the strategic importance of cloud computing in the public sector.

In addition to improving public services, the government’s focus on cloud computing is also aimed at fostering innovation and entrepreneurship. By creating a favorable regulatory environment and investing in cloud infrastructure, the government is encouraging the growth of tech startups and attracting international cloud service providers to the UAE. This has led to the establishment of data centers by major players such as Microsoft and Amazon Web Services (AWS), further boosting the local cloud ecosystem.

Government investments in cloud computing are also aimed at enhancing cybersecurity. With the increasing reliance on digital services, ensuring the security of data and systems has become a top priority. The UAE government has implemented stringent cybersecurity measures and is working closely with cloud service providers to ensure that robust security protocols are in place.

Expansion of Cloud Data Centers

The expansion of cloud data centers is a significant trend in the UAE cloud computing market, driven by the increasing demand for cloud services and the need for local data storage and processing capabilities. Major global cloud service providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud have established data centers in the UAE, catering to the growing needs of businesses and government entities.

The presence of local data centers offers several advantages. Firstly, it addresses data sovereignty concerns by ensuring that data is stored and processed within the country’s borders, in compliance with local regulations. This is particularly important for industries such as banking, healthcare, and government, where data privacy and security are paramount. Secondly, local data centers provide lower latency and faster access to cloud services, enhancing the user experience and enabling real-time applications.

The establishment of cloud data centers is also driven by the UAE’s strategic location as a regional hub. With its well-developed infrastructure and business-friendly environment, the UAE is an attractive destination for cloud service providers looking to expand their presence in the Middle East. The availability of local data centers is also a key factor in attracting multinational companies to set up operations in the UAE, as it allows them to leverage advanced cloud technologies while adhering to local regulations.

The expansion of cloud data centers is contributing to the growth of the UAE’s digital economy. It is creating job opportunities in areas such as IT infrastructure management, cybersecurity, and cloud services. Additionally, it is fostering innovation by providing businesses with access to advanced cloud technologies, enabling them to develop new products and services.

Rise of Hybrid and Multi-Cloud Strategies

The rise of hybrid and multi-cloud strategies is a prominent trend in the UAE cloud computing market, as organizations seek to optimize their IT environments and enhance flexibility. Hybrid cloud refers to the combination of on-premises infrastructure with public and private cloud services, while multi-cloud involves the use of multiple cloud providers to meet diverse business needs. One of the main drivers behind the adoption of hybrid and multi-cloud strategies is the need for flexibility and agility. By leveraging a mix of on-premises and cloud-based resources, organizations can tailor their IT environments to suit specific workloads and applications. This approach allows them to benefit from the scalability and cost-efficiency of the cloud while maintaining control over critical data and applications that require on-premises infrastructure.

Another factor contributing to the rise of hybrid and multi-cloud strategies is the desire to avoid vendor lock-in. By using multiple cloud providers, organizations can mitigate the risks associated with relying on a single vendor and take advantage of the best features and pricing from different providers. This approach also enhances resilience and continuity, as organizations can distribute their workloads across multiple clouds, reducing the impact of potential outages or disruptions.

The UAE’s regulatory environment also supports the adoption of hybrid and multi-cloud strategies. Regulations that mandate data residency and security requirements can be more easily met by leveraging local data centers in conjunction with global cloud services. This allows organizations to comply with local regulations while still benefiting from the capabilities of international cloud providers.

The rise of hybrid and multi-cloud strategies is driving innovation in cloud management and orchestration tools. These tools enable organizations to seamlessly manage and integrate their diverse IT environments, providing a unified view of their resources and simplifying operations.

Focus on Cloud Security and Compliance

As cloud adoption accelerates in the UAE, there is a growing focus on cloud security and compliance. Ensuring the security of data and applications in the cloud is a top priority for organizations, particularly in industries such as finance, healthcare, and government, where data sensitivity and regulatory requirements are high.

One of the key drivers behind the emphasis on cloud security is the increasing sophistication of cyber threats. As cyber-attacks become more advanced and frequent, organizations need robust security measures to protect their data and systems. Cloud service providers are responding to this need by offering advanced security features, including encryption, identity and access management, threat detection, and incident response.

In addition to security, compliance with local and international regulations is a critical concern for organizations in the UAE. Regulations such as the UAE’s Personal Data Protection Law (PDPL) and the General Data Protection Regulation (GDPR) in the European Union impose strict requirements on how data is collected, stored, and processed. Cloud service providers are enhancing their compliance capabilities by implementing stringent data protection measures and providing tools to help organizations meet regulatory requirements.

The focus on cloud security and compliance is also driving the adoption of cloud-native security solutions. These solutions are designed specifically for cloud environments and provide integrated security across different cloud platforms. They offer capabilities such as continuous monitoring, automated threat detection, and compliance reporting, enabling organizations to proactively manage security and compliance risks.

Segmental Insights

Deployment Model Insights

Public Cloud segment dominated in the UAE Cloud Computing market in 2023. Public cloud services offer businesses in the UAE a cost-effective solution for their IT needs, as they eliminate the need for significant upfront investments in hardware and infrastructure. Instead, companies can leverage a pay-as-you-go model, which allows them to scale their usage according to demand. This flexibility is particularly beneficial for businesses experiencing fluctuating workloads or those looking to expand their operations rapidly.

Another major driver of public cloud adoption is the scalability it provides. Businesses in the UAE, ranging from startups to large enterprises, can quickly scale their IT resources up or down based on their requirements. This capability is crucial in a dynamic market where businesses need to respond swiftly to changes in customer demand and competitive pressures. Public cloud platforms like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud offer a wide range of services and tools that enable companies to build, deploy, and manage applications efficiently.

Technological advancements in cloud computing have also played a significant role in the growing popularity of the public cloud. Innovations such as artificial intelligence (AI), machine learning (ML), and big data analytics are more accessible through public cloud platforms. These technologies enable businesses to derive valuable insights from their data, improve decision-making processes, and enhance customer experiences. The integration of advanced security features in public cloud offerings has further alleviated concerns about data security and compliance, making it a more attractive option for organizations.

Additionally, the UAE government’s strong support for digital transformation and cloud adoption has contributed to the rise of the public cloud segment. Initiatives such as the UAE Vision 2021 and the Dubai Smart City project emphasize the importance of leveraging cloud technologies to drive economic growth and improve public services. This governmental backing has encouraged businesses to adopt public cloud solutions as part of their digital transformation strategies.


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Regional Insights

Dubai dominated the UAE Cloud Computing market in 2023. Dubai’s strategic location as a global business hub makes it an ideal center for cloud computing services. The city’s geographical position provides a gateway between the East and West, facilitating seamless connectivity and data exchange across regions. This strategic advantage attracts multinational cloud service providers and businesses looking to expand their operations in the Middle East, Africa, and South Asia.

Dubai boasts a robust and advanced digital infrastructure, which is crucial for the efficient operation of cloud computing services. The city has invested heavily in high-speed internet connectivity, state-of-the-art data centers, and reliable power supply. This infrastructure ensures that businesses can access and utilize cloud services with minimal latency and high reliability, making Dubai an attractive destination for cloud computing investments.

The favorable business environment in Dubai also plays a significant role in its dominance in the cloud computing market. The city offers a business-friendly regulatory framework, attractive tax incentives, and free zones that encourage foreign investment. These factors make it easier for global cloud service providers to establish and operate their data centers in Dubai, thereby expanding the availability and adoption of cloud services in the region.

Proactive government initiatives further bolster Dubai's position in the cloud computing market. The Dubai Smart City project and the UAE Vision 2021 are prime examples of the government's commitment to digital transformation. These initiatives aim to leverage cloud technologies to enhance public services, drive economic growth, and position Dubai as a leading smart city globally. The government's support for cloud adoption and digital innovation has created a conducive environment for businesses to embrace cloud computing.

Moreover, Dubai’s thriving tech ecosystem, characterized by a high concentration of tech startups, innovation hubs, and research centers, fosters collaboration and innovation in the cloud computing space. This ecosystem attracts top talent and encourages the development of cutting-edge cloud solutions tailored to the needs of various industries.

Recent Developments

  • In September 2023, Microsoft Corporation announced an expansion of its collaboration with Abu Dhabi-based G42. This strategic partnership aims to advance artificial intelligence technology across various sectors and enhance cloud infrastructure capabilities within the United Arab Emirates. Through this initiative, the UAE's public sector and select industries will gain access to Microsoft's Azure cloud and AI services, ensuring compliance with local privacy and regulatory standards.
  • In April 2024, Acronis, a global leader in cyber protection, announced the launch of a new Cyber Cloud data center in Dubai. This strategic move underscores Acronis' commitment to leveraging the region’s rapid technological growth and increasing digital transformation. The new data center is poised to enhance Acronis’ ability to deliver advanced cyber protection solutions to businesses throughout the Middle East, offering robust, scalable, and secure cloud services tailored to the unique needs of the region’s enterprises. This expansion aims to meet the rising demand for cutting-edge cyber protection in an era marked by significant digital innovation and heightened cybersecurity concerns.
  • In March 2024, Tencent is set to expand its cloud operations in Saudi Arabia and the United Arab Emirates, with plans for significant new investments in data storage infrastructure.

Key Market Players

  • Amazon Web Services, Inc.
  • Microsoft Corporation
  • Alphabet Inc. 
  • IBM Corporation
  • Oracle Corporation
  • Alibaba Group
  • Salesforce, Inc.
  • SAP SE 
  • Tencent Cloud Europe B.V.
  • Broadcom Inc.

By Deployment Model

By Service Model

By End User

By Organization Size

By Region

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
  • Infrastructure-as-a-Service
  • Platform-as-a-Service
  • Software-as-a-Service
  • Function-as-a-Service
  • BFSI
  • Government
  • IT & Telecommunications
  • Retail & E-commerce
  • Healthcare
  • Others
  • Large Enterprises
  • SMEs
  • Abu Dhabi
  • Dubai
  • Sharjah
  • Ajman
  • Rest of UAE

Report Scope:

In this report, the UAE Cloud Computing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • UAE Cloud Computing Market, By Deployment Model:

o   Public Cloud

o   Private Cloud

o   Hybrid Cloud

  •  UAE Cloud Computing Market, By Service Model:

o   Infrastructure-as-a-Service

o   Platform-as-a-Service

o   Software-as-a-Service

o   Function-as-a-Service

  • UAE Cloud Computing Market, By End User:

o   BFSI

o   Government

o   IT & Telecommunications

o   Retail & E-commerce

o   Healthcare

o   Others

  • UAE Cloud Computing Market, By Organization Size:

o   Large Enterprises

o   SMEs

  • UAE Cloud Computing Market, By Region:

o   Abu Dhabi

o   Dubai

o   Sharjah

o   Ajman

o   Rest of UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the UAE Cloud Computing Market.

Available Customizations:

UAE Cloud Computing Market report with the given market data, TechSci 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).

UAE Cloud Computing 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

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Baseline Methodology

2.2.  Key Industry Partners

2.3.  Major Association and Secondary Sources

2.4.  Forecasting Methodology

2.5.  Data Triangulation & Validation

2.6.  Assumptions and Limitations

3.    Executive Summary

4.    Voice of Customer

5.    UAE Cloud Computing Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud)

5.2.2.    By Service Model (Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-a-Service, Function-as-a-Service)

5.2.3.    By End User (BFSI, Government, IT & Telecommunications, Retail & E-commerce, Healthcare, Others)

5.2.4.    By Organization Size (Large Enterprises, SMEs)

5.2.5.    By Region (Abu Dhabi, Dubai, Sharjah, Ajman, Rest of UAE)

5.3.  By Company (2023)

5.4.  Market Map

6.    Abu Dhabi Cloud Computing Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Deployment Model

6.2.2.    By Service Model

6.2.3.    By End User

6.2.4.    By Organization Size

7.    Dubai Cloud Computing Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Deployment Model

7.2.2.    By Service Model

7.2.3.    By End User

7.2.4.    By Organization Size

8.    Sharjah Cloud Computing Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Deployment Model

8.2.2.    By Service Model

8.2.3.    By End User

8.2.4.    By Organization Size

9.    Ajman Cloud Computing Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Deployment Model

9.2.2.    By Service Model

9.2.3.    By End User

9.2.4.    By Organization Size

10. Market Dynamics

10.1.   Drivers

10.2.   Challenges

11. Market Trends and Developments

12. UAE Economic Profile

13. Company Profiles

13.1.   Amazon Web Services, Inc.

13.1.1. Business Overview

13.1.2. Key Revenue and Financials  

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services Offered

13.2.   Microsoft Corporation

13.2.1. Business Overview

13.2.2. Key Revenue and Financials  

13.2.3. Recent Developments

13.2.4. Key Personnel

13.2.5. Key Product/Services Offered

13.3.   Alphabet Inc.

13.3.1. Business Overview

13.3.2. Key Revenue and Financials  

13.3.3. Recent Developments

13.3.4. Key Personnel

13.3.5. Key Product/Services Offered

13.4.   IBM Corporation

13.4.1. Business Overview

13.4.2. Key Revenue and Financials  

13.4.3. Recent Developments

13.4.4. Key Personnel

13.4.5. Key Product/Services Offered

13.5.   Oracle Corporation

13.5.1. Business Overview

13.5.2. Key Revenue and Financials  

13.5.3. Recent Developments

13.5.4. Key Personnel

13.5.5. Key Product/Services Offered

13.6.   Alibaba Group

13.6.1. Business Overview

13.6.2. Key Revenue and Financials  

13.6.3. Recent Developments

13.6.4. Key Personnel

13.6.5. Key Product/Services Offered

13.7.   Salesforce, Inc.

13.7.1. Business Overview

13.7.2. Key Revenue and Financials  

13.7.3. Recent Developments

13.7.4. Key Personnel

13.7.5. Key Product/Services Offered

13.8.   SAP SE

13.8.1. Business Overview

13.8.2. Key Revenue and Financials  

13.8.3. Recent Developments

13.8.4. Key Personnel

13.8.5. Key Product/Services Offered

13.9.   Tencent Cloud Europe B.V.

13.9.1. Business Overview

13.9.2. Key Revenue and Financials  

13.9.3. Recent Developments

13.9.4. Key Personnel

13.9.5. Key Product/Services Offered

13.10.   Broadcom Inc.

13.10.1.    Business Overview

13.10.2.    Key Revenue and Financials  

13.10.3.    Recent Developments

13.10.4.    Key Personnel

13.10.5.    Key Product/Services Offered

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the UAE Cloud Computing market was USD 6.55 Billion in 2023.

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SMEs was the fastest growing segment in the UAE Cloud Computing market. Cloud services enable SMEs to reduce IT infrastructure costs, scale operations as needed, and access advanced technologies without significant upfront investments, driving rapid adoption in this segment.

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Challenges in the UAE cloud computing market include data privacy concerns, regulatory compliance complexities, and cybersecurity risks. These arise due to stringent local regulations, the need to protect sensitive data, and the evolving nature of cyber threats, requiring robust measures to ensure secure and compliant cloud operations.

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Major drivers for the UAE cloud computing market include digital transformation initiatives by businesses and government, cost-efficiency of cloud services, scalability for business growth, and advancements in technology like AI and IoT. These factors promote agility, innovation, and operational efficiency, fostering widespread adoption of cloud computing across sectors.

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Sakshi Bajaal

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