How big is the UAE Cloud Computing market?
According to MarkNtel Advisors study, The UAE Cloud Computing Market size is projected to grow at a CAGR of around 36.12% during the forecast period, i.e., 2024-30.
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The UAE Cloud Computing Market Trend:
Integration of Emerging Technologies such as Artificial Intelligence (AI) and Machine Learning (ML) – By integrating AI and ML capabilities into cloud computing platforms, organizations in the UAE can automate routine tasks, streamline processes, and improve operational efficiency. AI-driven automation helps optimize resource utilization, reduce manual intervention, and accelerate time-to-market for new products and services. In addition, AI-powered cloud solutions enable organizations to deliver personalized and targeted customer experiences across various techniques. For instance,
In 2023, G42, the leading UAE-based AI, and cloud computing technology company, announced the launch of the USD10 billion G42 Expansion Fund, a global technology growth fund formed in strategic partnership with the Abu Dhabi Growth Fund (ADG).
Thus, by analyzing customer data in real-time, AI algorithms recommend relevant products or services, personalize marketing campaigns, and improve customer engagement and satisfaction, which is anticipated to augment the market growth during 2024–30.
Leading Companies in the UAE Cloud Computing market:
- Microsoft Corporation, Inc.
- IBM Corporation
- Oracle Corporation
- Amazon Web Services, Inc.
- Alibaba Cloud
- Salesforce Inc.
- SAP
- Etisalat
- Adobe Inc.
- Rackspace Technology
- Others
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UAE Cloud Computing Market Segmentation:
By Service Type
- Infrastructure-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
- Platform-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
- Software-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
The Infrastructure-as-a-Service (IaaS) segment gained significant demand owing to data center expansions, the growth of e-commerce & online services, etc.
By Deployment Type
- Public Cloud- Market Size & Forecast 2019-2030, (USD Million)
- Private Cloud- Market Size & Forecast 2019-2030, (USD Million)
- Hybrid & Multi Cloud- Market Size & Forecast 2019-2030, (USD Million)
By Enterprise Size
- Large- Market Size & Forecast 2019-2030, (USD Million)
- Small & Medium- Market Size & Forecast 2019-2030, (USD Million)
By End User
- Banking, Financial Services & Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
- Government & Public Sector- Market Size & Forecast 2019-2030, (USD Million)
- IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare- Market Size & Forecast 2019-2030, (USD Million)
- Education- Market Size & Forecast 2019-2030, (USD Million)
- Retail- Market Size & Forecast 2019-2030, (USD Million)
- Others (Real Estate, Manufacturing, etc.) – Market Size & Forecast 2019-2030, (USD Million)
Regional/ Countries Insight:
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.
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MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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