Middle East and North Africa Cloud Storage Market Research Report: Forecast (2023-2028)

By Component (Solution, Services), By Deployment (Public Cloud, Private Cloud, Hybrid Cloud), By Demand Type (Business-to-Business [B2B], Business-to-Consumer [B2C]), By Enterprise Size (Small & Mediu... ... Size (Small & Medium Enterprises, Large Enterprises), By End User (BFSI, Consumer Goods & Retail, Healthcare & Life Sciences, IT & Telecom, Energy & Utility, Others), By Country (Saudi Arabia, The UAE, Qatar, Egypt, Israel, Algeria, Rest of the Middle East and North Africa), By Company (Microsoft Corporation, Google LLC, Oracle Corporation, Amazon Web Services, Inc., The International Business Machines Corporation [IBM], Alibaba Cloud, SAP MENA LLC, Etisalat, STC Cloud, Cisco Systems Inc., Others), Read more

  • ICT & Electronics
  • Sep 2023
  • 159
  • PDF, Excel, PPT

Market Definition

Cloud storage is a technology that allows individuals and organizations to store and manage their digital data, such as documents, photos, videos, and more, on remote servers or data centers hosted by third-party providers. This data is stored and accessed over the internet rather than on local physical storage devices like hard drives or servers.

Market Insights & Analysis: The Middle East and North Africa Cloud Storage Market (2023-28):

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. The Middle East and North Africa nations are undergoing rapid digital transformation, with businesses shifting to online operations, e-commerce, and digital services. This generates vast amounts of data that require storage and management in secure and accessible cloud environments.

Additionally, the adoption of remote work and the need for seamless collaboration among geographically dispersed teams have increased data storage and sharing demands. Simultaneously, the economies of the Middle East and African nations are focusing on boosting investments and expansion of their service-based industries to boost their GDP growth, the region is witnessing a rise in investments in BFSI, and ICT industry, etc.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 18%
Region Covered Saudi Arabia, The UAE, Qatar, Egypt, Israel, Algeria, Rest of the Middle East and North Africa
Key Companies Profiled Microsoft Corporation, Google LLC, Oracle Corporation, Amazon Web Services, Inc., The International Business Machines Corporation [IBM], Alibaba Cloud, SAP MENA LLC, Etisalat, STC Cloud, Cisco Systems Inc., Others
Unit Denominations USD Million/Billion

 

Moreover, the region's growing emphasis on data privacy and compliance is pushing organizations to choose reputable cloud storage service providers offering robust security measures and regulatory compliance features. This is because cloud storage is increasingly perceived as a cost-effective alternative to on-premises data centers, enabling companies to reduce capital expenditures and operational costs while benefiting from pay-as-you-go pricing models. Thus, these factors are anticipated to contribute enormously in the revenue growth of The Middle East and North Africa Cloud Storage Market during 2023-2028.

Global Middle East and North Africa Cloud Storage Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Impact of IoT on the Middle East and North Africa Cloud Storage Market
  5. The Middle East and North Africa Cloud Storage Case Study Analysis
  6. The Middle East and North Africa Cloud Storage Market Pricing Analysis, By Company
  7. The Middle East and North Africa Cloud Storage Market Porters Five Forces Analysis
  8. The Middle East and North Africa Cloud Storage Market Trends & Insights
  9. The Middle East and North Africa Cloud Storage Market Dynamics
    1. Growth Drivers
    2. Challenges
  10. The Middle East and North Africa Cloud Storage Market Policies, Regulations & Service Standards 
  11. The Middle East and North Africa Cloud Storage Market Hotspot & Opportunities
  12. The Middle East and North Africa Cloud Storage Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component
        1. Solution
          1. File Storage- Market Size & Forecast 2018-2028F, USD Million
          2. Object Storage- Market Size & Forecast 2018-2028F, USD Million
          3. Block Storage- Market Size & Forecast 2018-2028F, USD Million
        2. Services
          1. Consulting- Market Size & Forecast 2018-2028F, USD Million
          2. Integration & Implementation- Market Size & Forecast 2018-2028F, USD Million
          3. Training, Support & Maintenance- Market Size & Forecast 2018-2028F, USD Million
      2. By Deployment
        1. Public Cloud- Market Size & Forecast 2018-2028F, USD Million
        2. Private Cloud- Market Size & Forecast 2018-2028F, USD Million
        3. Hybrid Cloud- Market Size & Forecast 2018-2028F, USD Million
      3. By Demand Type
        1. Business-to-Business (B2B) - Market Size & Forecast 2018-2028F, USD Million
        2. Business-to-Consumer (B2C)- Market Size & Forecast 2018-2028F, USD Million
      4. By Enterprise Size
        1. Small & Medium Enterprises- Market Size & Forecast 2018-2028F, USD Million
        2. Large Enterprises- Market Size & Forecast 2018-2028F, USD Million
      5. By End User
        1. BFSI- Market Size & Forecast 2018-2028F, USD Million
        2. Consumer Goods & Retail - Market Size & Forecast 2018-2028F, USD Million
        3. Healthcare & Life Sciences- Market Size & Forecast 2018-2028F, USD Million
        4. IT & Telecom- Market Size & Forecast 2018-2028F, USD Million
        5. Energy & Utility- Market Size & Forecast 2018-2028F, USD Million
        6. Others (Automotive, Media & Entertainment, etc.) - Market Size & Forecast 2018-2028F, USD Million
      6. By Country
        1. Saudi Arabia
        2. The UAE
        3. Qatar
        4. Egypt
        5. Israel
        6. Algeria
        7. Rest of the Middle East and North Africa
      7. By Company
        1. Competition Characteristics
        2. Market Share & Analysis
  13. Saudi Arabia Cloud Storage Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2018-2028F, USD Million
      2. By Deployment- Market Size & Forecast 2018-2028F, USD Million
      3. By Demand Type- Market Size & Forecast 2018-2028F, USD Million
      4. By Enterprise Size- Market Size & Forecast 2018-2028F, USD Million
      5. By End User- Market Size & Forecast 2018-2028F, USD Million
  14. The UAE Cloud Storage Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2018-2028F, USD Million
      2. By Deployment- Market Size & Forecast 2018-2028F, USD Million
      3. By Demand Type- Market Size & Forecast 2018-2028F, USD Million
      4. By Enterprise Size- Market Size & Forecast 2018-2028F, USD Million
      5. By End User- Market Size & Forecast 2018-2028F, USD Million
  15. Qatar Cloud Storage Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2018-2028F, USD Million
      2. By Deployment- Market Size & Forecast 2018-2028F, USD Million
      3. By Demand Type- Market Size & Forecast 2018-2028F, USD Million
      4. By Enterprise Size- Market Size & Forecast 2018-2028F, USD Million
      5. By End User- Market Size & Forecast 2018-2028F, USD Million
  16. Egypt Cloud Storage Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2018-2028F, USD Million
      2. By Deployment- Market Size & Forecast 2018-2028F, USD Million
      3. By Demand Type- Market Size & Forecast 2018-2028F, USD Million
      4. By Enterprise Size- Market Size & Forecast 2018-2028F, USD Million
      5. By End User- Market Size & Forecast 2018-2028F, USD Million
  17. Israel Cloud Storage Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2018-2028F, USD Million
      2. By Deployment- Market Size & Forecast 2018-2028F, USD Million
      3. By Demand Type- Market Size & Forecast 2018-2028F, USD Million
      4. By Enterprise Size- Market Size & Forecast 2018-2028F, USD Million
      5. By End User- Market Size & Forecast 2018-2028F, USD Million
  18. Algeria Cloud Storage Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2018-2028F, USD Million
      2. By Deployment- Market Size & Forecast 2018-2028F, USD Million
      3. By Demand Type- Market Size & Forecast 2018-2028F, USD Million
      4. By Enterprise Size- Market Size & Forecast 2018-2028F, USD Million
      5. By End User- Market Size & Forecast 2018-2028F, USD Million
  19. The Middle East and North Africa Cloud Storage Market Strategic Imperatives for Success & Growth
  20. Competitive Outlook
    1. Company Profiles 
      1. Microsoft Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Google LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Oracle Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Amazon Web Services, Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. The International Business Machines Corporation (IBM)
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Alibaba Cloud
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. SAP MENA LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Etisalat
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. STC Cloud
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Cisco Systems Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Others
  21. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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