MarkNtel Advisors recently released a research report focusing on the Middle East and North Africa Cloud Storage Market for the forecast period of 2023-28. This approach enhances user understanding and supports well-informed decision-making. The report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges using qualitative and quantitative data. To familiarize established businesses and newcomers with the present market scenario, the report offers detailed growth prospects for the industry and concise insights into competitors.
Middle East and North Africa Cloud Storage Market Insight and Analysis:
The Middle East and North Africa Cloud Storage Market size is estimated to grow at a CAGR of around 18% during the forecast period, i.e., 2023-28.
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Middle East and North Africa Cloud Storage Industry Segmentation:
-By Component
-Solution
-File Storage- Market Size Forecast 2018-2028F, USD Million
-Object Storage- Market Size Forecast 2018-2028F, USD Million
-Block Storage- Market Size Forecast 2018-2028F, USD Million
-Services
-Consulting- Market Size Forecast 2018-2028F, USD Million
-Integration Implementation- Market Size Forecast 2018-2028F, USD Million
-Training, Support Maintenance- Market Size Forecast 2018-2028F, USD Million
-By Deployment
-Public Cloud- Market Size Forecast 2018-2028F, USD Million
-Private Cloud- Market Size Forecast 2018-2028F, USD Million
-Hybrid Cloud- Market Size Forecast 2018-2028F, USD Million
-By Demand Type
-Business-to-Business (B2B) - Market Size Forecast 2018-2028F, USD Million
-Business-to-Consumer (B2C)- Market Size Forecast 2018-2028F, USD Million
-By Enterprise Size
-Small Medium Enterprises- Market Size Forecast 2018-2028F, USD Million
-Large Enterprises- Market Size Forecast 2018-2028F, USD Million
-By End User
-BFSI- Market Size Forecast 2018-2028F, USD Million
-Consumer Goods Retail - Market Size Forecast 2018-2028F, USD Million
-Healthcare Life Sciences- Market Size Forecast 2018-2028F, USD Million
-IT Telecom- Market Size Forecast 2018-2028F, USD Million
-Energy Utility- Market Size Forecast 2018-2028F, USD Million
-Others (Automotive, Media Entertainment, etc.) - Market Size Forecast 2018-2028F, USD Million
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Geographical overview:
-Saudi Arabia
-The UAE
-Qatar
-Egypt
-Israel
-Algeria
-Rest of the Middle East and North Africa.
The Middle East and North Africa Cloud Storage Market Trend:
Rapid Adoption of Hybrid and Multi-Cloud Solutions Creating New Trends in the Market – In the MENA region, many organizations are recognizing the need for flexibility in their data storage infrastructure, owing to which they are substantially adopting hybrid and multi-cloud solutions. Moreover, countries like the UAE, Saudi Arabia, Egypt, etc., are witnessing an inclination towards hybrid work models, with employees working both in the office and remotely, which necessitates a versatile data storage strategy. Hybrid and multi-cloud solutions support data access and collaboration for a distributed workforce. This has resulted in a shift in cloud deployment models, with more businesses opting for a hybrid approach to meet their specific IT requirements.
Top Leading key players of Middle East and North Africa Cloud Storage Market
A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company's profile, financial achievements, market presence, potential, Research and Development (RD) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including –
-Microsoft Corporation
-Google LLC
-Oracle Corporation
-Amazon Web Services, Inc.
-The International Business Machines Corporation (IBM)
-SAP MENA LLC
-Etisalat
-STC Cloud
-Cisco Systems Inc.
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The Middle East and North Africa Cloud Storage Market report addresses the following concern:
- The Middle East and North Africa Cloud Storage Market report explores the influence of key trends on market share within the primary segments.
- What are the leading market trends that propel the expansion of the Middle East and North Africa Cloud Storage market?
- What are the projected CAGR, market size, and growth rate for the Middle East and North Africa Cloud Storage Market in the upcoming years?
- What are the key players in the Middle East and North Africa Cloud Storage market, and what strategies are they implementing?
- What factors, such as industry trends, drivers, and challenges, are contributing to the growth of the Middle East and North Africa Cloud Storage market?
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