At 14.1% CAGR, Middle East & Africa Distributed Cloud Market is Projected to be Worth US$ 1,288.69 Million by 2031, says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa distributed cloud market was valued at US$ 450.01 million in 2023 and is expected to reach US$ 1,288.69 million by 2031, registering a CAGR of 14.1% from 2023 to 2031. Deployment of 6G technology and growing demand for low latency solutions and greater scalability are among the critical factors attributed to drive the Middle East & Africa distributed cloud market growth.

6G is accepted to offer latency in the microsecond range. This allows distributed cloud services to perform real-time processing tasks such as augmented reality (AR), virtual reality (VR), and autonomous driving with unprecedented efficiency. Various companies offer 6G distributed cloud and communications systems. For example, Next G Alliance (NGA) offers a distributed cloud and communications system. It intends to make 6G systems a wide-area cloud with abundant computing and workload distribution across devices, data centers, and network nodes. The 6G distributed cloud and communications system is a step towards joined communication and computing system capabilities that have not been achieved in 4G and 5G on network cloudification and edge computing. Thus, the deployment of 6G technology is anticipated to hold several opportunities for the distributed cloud market growth during the forecast period.

On the contrary, the higher deployment cost hampers the growth of Middle East & Africa distributed cloud market.

Based on application, the Middle East & Africa distributed cloud market is segmented into edge computing, content delivery, Internet of Things, and others. The edge computing segment held 43.5% market share in 2023, amassing US$ 195.71 million. It is projected to garner US$ 584.18 million by 2031 to register 14.6% CAGR during 2023-2031.

In terms of service, the Middle East & Africa distributed cloud market is categorized into data security, data storage, networking, and others. The data storage segment held 46.2% share of Middle East & Africa distributed cloud market in 2023, amassing US$ 208.05 million. It is anticipated to garner US$ 669.77 million by 2031 to expand at 15.7% CAGR during 2023-2031.

By enterprise size, the Middle East & Africa distributed cloud market is bifurcated into large enterprise and SMEs. The large enterprise segment held 66.0% share of Middle East & Africa distributed cloud market in 2023, amassing US$ 296.87 million. It is projected to garner US$ 819.20 million by 2031 to expand at 13.5% CAGR from 2023 to 2031.

Based on industry vertical, the Middle East & Africa distributed cloud market is segmented into BFSI, healthcare, retail & e-commerce, manufacturing, IT & telecom, energy & utilities, media & entertainment, government & defense, and others. The BFSI segment held 20.7% share of Middle East & Africa distributed cloud market in 2023, amassing US$ 93.24 million. It is predicted to garner US$ 287.98 million by 2031 to expand at 15.1% CAGR between 2023 and 2031.

Based on country, the Middle East & Africa distributed cloud market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 40.5% share of Middle East & Africa distributed cloud market in 2023. It was assessed at US$ 182.15 million in 2023 and is likely to hit US$ 529.65 million by 2031, registering a CAGR of 14.3% during 2023-2031.

Key players operating in the Middle East & Africa distributed cloud market are Amazon Web Services Inc, Google LLC, International Business Machines Corp, Oracle Corp, Microsoft Corp, Rackspace Technology Inc, Broadcom Inc, Databricks Inc, Salesforce Inc, and Alibaba Cloud., among others.

• In April 2024, Salesforce announced the Salesforce Zero Copy Partner Network, a global ecosystem of technology and solution providers building secure, bidirectional zero-copy integrations with Salesforce Data Cloud so that data can be actioned across the Salesforce Einstein 1 Platform. Salesforce also unveiled innovations including new zero-copy support for open data lakes and lakehouses utilizing the Apache Iceberg open table format, as well as added zero-copy support for ISV partners developing data kits to distribute their valuable data sets to Data Cloud customers.
• In September 2022, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest international strategic roadmap at the 2022 Alibaba Cloud Summit. With more enterprises moving to the cloud and an increase in demand for cloud services in a hybrid environment, Alibaba Cloud has made available globally a series of its proven infrastructure products, a multi-model cloud-native database and distributed cloud services.
  
  

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