GCC Cloud Computing Market
GCC Cloud Computing Market Research Report: By Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service, Function as a Service), By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud, Community Cloud), By End User (Small and Medium Enterprises, Large Enterprises, Government) andBy Application (Data Backup and Recovery, Application Hosting, Disaster Recovery, Big Data Analytics)- Forecast to 2035
Industry Developments
Recent developments in the GCC Cloud Computing Market reveal significant growth and strategic initiatives among key players. Companies like Microsoft and Amazon Web Services have expanded their services in the region, aligning with the UAE's national strategy to enhance digital infrastructure, as announced in 2022. Etisalat and Oracle have collaborated to deliver advanced cloud services to enterprises across various sectors, while Injazat Data Systems, backed by the Abu Dhabi Government, is focusing on cybersecurity and data protection in cloud environments. In terms of mergers and acquisitions, in June 2023, Zain acquired the Kuwaiti cloud services firm, elevating its market presence and capability. Moreover, in March 2023, Gulf Business Machines announced a partnership with IBM to innovate cloud solutions tailored to local businesses. The GCC cloud computing sector is evolving rapidly, with market valuations projected to increase significantly leading to more investments in infrastructure and services. This growth is fueled by regional demand for digital transformation and data-driven solutions, reflecting an expanding appetite for cloud technologies across various industries in the region.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 3.96(USD Billion) |
| MARKET SIZE 2024 | 4.31(USD Billion) |
| MARKET SIZE 2035 | 10.8(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.71% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Meraas, Gulf Business Machines, Zain, Etisalat, Microsoft, Alesayi, Injazat Data Systems, Google, IBM, STC, Veeam Software, Ooredoo, Amazon Web Services, Oracle, Alibaba Cloud |
| SEGMENTS COVERED | Service Model, Deployment Model, End User, Application |
| KEY MARKET OPPORTUNITIES | Increasing government digitalization initiatives, Growing small and medium enterprises adoption, Rising demand for remote work solutions, Expansion of data centers, Enhanced security compliance requirements |
| KEY MARKET DYNAMICS | increasing digital transformation, robust government initiatives, rising data security concerns, growing adoption of AI, expanding enterprise cloud investments |
| COUNTRIES COVERED | GCC |
FAQs
What is the expected market size of the GCC Cloud Computing Market in 2024?
The GCC Cloud Computing Market is expected to be valued at 4.31 billion USD in 2024.
What is the forecasted value of the GCC Cloud Computing Market in 2035?
By 2035, the GCC Cloud Computing Market is projected to reach a value of 10.8 billion USD.
What is the expected compound annual growth rate (CAGR) for the GCC Cloud Computing Market from 2025 to 2035?
The GCC Cloud Computing Market is expected to grow at a CAGR of 8.71% from 2025 to 2035.
Which service model in the GCC Cloud Computing Market is projected to have the largest market value in 2035?
In 2035, Infrastructure as a Service is expected to reach a market value of 3.1 billion USD.
What are the key players in the GCC Cloud Computing Market?
Major players in the GCC Cloud Computing Market include Meraas, Microsoft, Google, and Amazon Web Services among others.
What is the projected market size for Software as a Service in 2035 within the GCC Cloud Computing Market?
Software as a Service is projected to have a market value of 4.5 billion USD in 2035.
How is the Function as a Service segment expected to perform by 2035?
The Function as a Service segment is anticipated to reach a valuation of 0.7 billion USD by 2035.
What is the estimated market size for Platform as a Service in 2024?
The Platform as a Service segment is estimated to be valued at 1.0 billion USD in 2024.
What are the emerging trends driving growth in the GCC Cloud Computing Market?
Increasing digital transformation initiatives and rising demand for scalable IT resources are driving growth in the GCC Cloud Computing Market.
What challenges does the GCC Cloud Computing Market face currently?
Data security concerns and regulatory compliance are notable challenges currently facing the GCC Cloud Computing Market.
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