The Market Growth Can be Attributed to the Rising Inclination of Organizations Towards Cloud-Based Solutions for Improving Efficiency, and Decrease Capital and Operational Expenditure.
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Moreover, adoption of machine learning and autonomous systems are driving the adoption of cloud computing services for providing real-time assistance. As companies are shifting towards autonomous and driverless cars, they are integrating artificial intelligence, machine learning, and cloud analytics to accelerate the connected vehicle experience, which is expected to propel the growth of the UAE cloud storage market in the coming years. Besides, increasing need for automation in the fields of aerospace and defense coupled with the necessity to improve storing and sharing data on operations is expected to fuel the growth of the UAE cloud storage market. Furthermore, major technology vendors are focusing on expanding cloud storage portfolios to cater to the evolving needs of the customers.
The UAE cloud storage market is segmented on the basis of type, deployment model, organization size, vertical, company, and region. Based on type, the market is segmented into solution and services. The services segment is anticipated to register the highest growth during the forecast period due to increasing adoption of cloud-based solutions by various types of organizations for ease of use and enhanced flexibility. Based on the vertical, the BFSI segment is expected to hold a significant share in the UAE cloud storage market. Banking service providers are adopting cloud storage solutions to increase customer insights, deliver market-relevant products, which is adding to the segment dominance.
Some of the leading players in the UAE Cloud Storage market are HPE, Dell, Dropbox, VMware, AWS, Rackspace, IBM, Microsoft, Oracle, Google, etc.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze and forecast the market size of UAE Cloud Storage Market, in terms of value.
- To classify and forecast UAE Cloud Storage Market based on type, deployment model, organization size, vertical and regional distribution.
- To identify drivers and challenges for UAE Cloud Storage Market.
- To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in UAE Cloud Storage Market.
- To conduct the pricing analysis for UAE Cloud Storage Market.
- To identify and analyze the profile of leading players involved in the UAE Cloud Storage Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of Service Providers across UAE. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the Service Providers which could not be identified due to the limitations of secondary research. The publisher analyzed the service offerings, and presence of all major service providers across UAE.
The publisher calculated the market size of UAE Cloud Storage Market using a bottom-up approach, where data for various end user industries were recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these services and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used.
Key Target Audience:
- Cloud Storage Vendors
- Training and consulting service providers
- Managed service providers
- Research organizations and consulting companies
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, UAE Cloud Storage Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
UAE Cloud Storage Market, By Type:
- Solution
- Services
UAE Cloud Storage Market, By Deployment Model:
- Public Cloud Storage
- Private Cloud Storage
- Hybrid Cloud Storage
UAE Cloud Storage Market, By Organization Size:
- Small & Medium-Sized Enterprises
- Large Enterprises
UAE Cloud Storage Market, By Vertical:
- Telecommunications & ITES
- Manufacturing
- BFSI
- Healthcare & Life Sciences
- Consumer Goods & Retail
- Others
UAE Cloud Storage Market, By Region:
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE Cloud Storage Market.
Available Customizations:
With the given market data, the publisher offers customizations according to the company’s specific needs.
This product will be delivered within 1-3 business days.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- HPE
- Dell
- Dropbox
- VMware
- AW
- Rackspace
- IBM
- Microsoft
- Oracle