MENA public cloud services to reach $851m in 2015
Gartner expects 17.1% growth this year, as adoption continues
The public cloud services market in the Middle East and North Africa (MENA) region is projected to grow 17.1% in 2015, according to research firm Gartner.
The segment will total $851m, up from an estimated $727m in 2014, the company said. Software as a service (SaaS), the largest segment of the cloud services market in MENA, is expected to grow 25% this year, to $205.7m.
Gartner predicts that in 2018, total public cloud services spending in MENA region will rise to $1.5bn, with SaaS accounting for 28.3% 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 this growth scenario to play out through to 2018," said Ed Anderson, research vice president at Gartner.
By 2018, Gartner expects the public cloud services market in MENA will be segmented into business process as a service (BPaaS) making up 25.6% of the market; platform as a service (PaaS) accounting for 7.4%; cloud management and security services at 10.6%; infrastructure as a service (IaaS) at 10.7%; and the remaining 17.4% coming from cloud advertising.