GEC NEWS WIREAnalysts Will Examine Top Technology Trends at Gartner Symposium/ITxpo 2015, May 19-21, In Dubai
The public cloud services market in the Middle East and North Africa (MENA) region is projectedto grow 17.1percent in 2015to total $851 million, upfrom an estimated $727million in 2014, according to Gartner. Softwareas a service (SaaS), the largest segment of the cloud services market in MENA, is expected to grow 25 percent in 2015 to $205.7million.
Gartner predicts that in 2018, total public cloud services spending in MENA region will rise to $1.5 billion, with SaaS accounting for 28.3 percent of the market.
“The Middle East and North Africa region has a solid foundation for growth, and despite headwinds in the global economy, we predict thisgrowth scenario to play out through to 2018,” said Ed Anderson, research vice president at Gartner.
By 2018, the public cloud services market in MENA will be segmented withbusiness process as a service (BPaaS) cloud servicesmaking up 25.6 percent of the market,platform as a service (PaaS)at 7.4 percent, cloud management/security services totaling 10.6 percent, infrastructure as a service (IaaS)at 10.7 percent, and the remaining 17.4 percent coming from cloud advertising.
“SaaS will be one of the fastest growth segments in the public cloud services market through 2018 as organizationsincrease their use of more applications across more vertical industries, including banks, governments, education, healthcare and telecommunications sectors,” said Fred Ng, senior research analyst at Gartner.
