The public cloud services market in the Middle East and North Africa (MENA) region is projected to grow to 19.3% in 2016 to total US$880 million, up from an estimated US$737 million in 2015, according to Gartner. Business Process as a Service (BPaaS), the largest segment of the cloud services market in MENA, is expected to grow 7.3% on year in 2016 to reach US$266.2 million. The largest growing market, cloud management and security services, is projected to grow 29.3% on year in 2016.
"The forecast for cloud services vary based on local factors, including supply and demand within the local markets, country-specific economic conditions, currency exchange rates, and other global market factors," said Sid Nag, research director at Gartner. "The fact that the BPaaS market is the largest in the MENA region in 2016 is testimony that enterprises in MENA are moving away from traditional Business Process Outsourcing (BPO) models to a cloud based BPaaS model. The strong growth in the cloud management and security services in 2016 is an indicator that security continues to be a perceived inhibitor for cloud adoption in this region."
Gartner predicts that in 2019, total public cloud services spending in the MENA region will rise to US$1.45 billion, with Software as a Service (SaaS) accounting for 22.6% of the market, followed by Cloud Management and Security, and Infrastructure as a Service (IaaS) with projected on-year growth rates of 21% and 19% in 2019.
Article translated by Alex Wolfgram
