Gartner Says Public Cloud Services in the Middle East and North Africa Region Forecast to Reach $851 Million in 2015

The public cloud services market in the Middle East and North Africa (MENA) region is projected to grow 17.1 percent in 2015 to total $851 million, up from an estimated $727 million in 2014, according to Gartner, Inc. Software as a service (SaaS), the largest segment of the cloud services market in MENA, is expected to grow 25 percent in 2015 to $205.7 million.

Gartner predicts that in 2018, total public cloud services spending in MENA region will rise to $1.5 billion, with SaaS accounting for 28.3 percent 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, the public cloud services market in MENA will be segmented with business process as a service (BPaaS) cloud services making up 25.6 percent of the market, platform as a service (PaaS) at 7.4 percent, cloud management/security services totaling 10.6 percent, infrastructure as a service (IaaS) at 10.7 percent, and the remaining 17.4 percent coming from cloud advertising. 

“SaaS will be one of the fastest growth segments in the public cloud services market through 2018 as organizations increase their use of more applications across more vertical industries, including banks, governments, education, healthcare and telecommunications sectors,” said Fred Ng, senior research analyst at Gartner.

Additional information is available in the report “Forecast: Public Cloud Services, Worldwide, 2012-2018, 4Q14 Update.” The report is available on Gartner’s website at http://www.gartner.com/document/2953118

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Gartner Symposium/ITxpo is the world’s most important gathering of CIOs and other senior IT executives. This event delivers independent and objective content with the authority of the world’s leading IT research and advisory organization, and provides access to the latest solutions from key technology providers. Gartner’s annual Symposium/ITxpo events are key components of attendees’ annual planning efforts. IT executives rely on these events to gain insight into how their organizations can use IT to address business challenges and improve operational efficiency.

Additional information for Gartner Symposium/ITxpo 2015 in Dubai, May 19-21, is available at http://www.gartner.com/technology/symposium/dubai/. Members of the media can register for the event by contacting Sony Shetty at [email protected].

Additional information from the event will be shared on Twitter at http://twitter.com/Gartner_inc and using #GartnerSYM

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