Technology News, IT News, and Press release service Submit Press Release

Information Tech News & Press Release Distribution

Press release distribution service

Home | Search Global IT News:
IT News & Press Release Distribution:

Middle East Cloud Infrastructure Services Market Expected to Reach 8.79 Billion USD by 2022

(IT-NEWSWIRE.COM, June 15, 2018 ) The BFSI vertical is expected to hold the largest market share during the forecast period

Among industry verticals, BFSI is expected to continue to hold the largest market share during the forecast period. The vertical is going through a massive transformation as advancements in solutions and services in the cloud-based infrastructure are terminating odds of data confidentiality, data security, regulatory compliance, and quality of service. Furthermore, BFSI is rapidly leveraging online platforms to facilitate services and improve customers’ experience while simplifying access related to accounts and finances. Cloud infrastructure services are also helping banks and other financial institutions to boost their performance and increase their efficiency.

The public cloud deployment model is expected to grow at a high CAGR during the forecast period

The public cloud-based deployment model is witnessing an increasing demand due to its cost effectiveness and easy availability. Public cloud is based on the cloud computing model which shares resources (such as CPU, servers, and racks) among various businesses depending on its demand. Public cloud-based solutions require less physical setup, incur low maintenance costs, and provide 24/7 accessibility from anytime, anywhere. Due to various benefits of public cloud such as scalability, reliability, flexibility, utility style costing, and location independence services, public cloud-based deployments are expected record a high growth rate, as compared with private or hybrid cloud deployments.

Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=232083679

Other countries in the Middle East are expected to contribute the largest market share/Qatar to grow at the highest CAGR during the forecast period

Other countries, including Bahrain, Turkey, Egypt, Israel, Oman, Iran, and Kuwait, are expected to hold the largest market share in the Middle East cloud infrastructure services market. The growth can be attributed to increasing government initiatives and various cloud-related developments. Also, the establishment of offices of global cloud service providers in these countries are contributing to the promotion of cloud-based services. The market in Qatar is expected to grow at the highest CAGR during the forecast period. The primary driving forces for this growth are technological advancements, along with mandatory regulations imposed by government regulatory authorities to adopt the best-in-class technologies and standards.

Major vendors providing Middle East cloud infrastructure services include IBM (US), Microsoft (US), Fujitsu (Japan), Oracle (US), Cisco Systems (US), and Etisalat (UAE),

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

MarketsandMarkets

Mr. Salgarkar

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com

Information Technology Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology (IT) Advertisement
    Information Technology Sponsors



    Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    ITPresswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    :: Home: :: Submit Press Release :: Subscribe to News :: Shop Online :: Contact Us :: Help

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    ITPresswire.com - Newswire and Press Release service of GroupWeb Media LLC