26th September 2019: MEA cloud infrastructure services develop the initial layer of cloud-based computing, permitting users to create virtualized IT platforms that scale effortlessly and the user can establish a third-party managed hardware in a virtualized environment. The resources can be accessed quickly by the users through browser-based management application programmer interface (API) or console.
Small and Medium Enterprises (SME) Accounted for the Largest Share in 2017
The organization variants in the MEA cloud infrastructure services market include small and medium enterprises (SME) and large organizations. The SME sector accounted for a high market share in 2017. The cloud computing segment is appealing SMEs by offering scalable services and infrastructure.
It offers broad network access, rapid elasticity in terms of time and cost, on-demand self-service, timely updating consumption rate, transparency in the form of usage reports and cost updates to customers. It not only helps to organize business rapidly but also decreases operational prices considerably.
In a large organization, data recovery and security are the main concerns. They require secure and reliable services and hence choose to organize data on a private cloud.
Additionally, the companies are using big data analytics for providing top notch services to their clients. The cloud services support in enhancing the business procedures for both SMEs, along with large organizations.
Market insights
Leading companies operating in MEA cloud infrastructure services are focused on presenting advanced services to support customers in reducing operational cost and growing business. The companies also offer stiff competition to the major global players. On the other hand, large initiatives are taken to benefit facilities from topmost global companies for data security and better reliability.
The key vendors of cloud infrastructure services support their customers to decrease their Capital Expenditure (CAPEX). Oracle, one of the foremost vendors, offers storage, compute, and network-based cloud infrastructure services to its clients.
Key players operating in the MEA cloud infrastructure services market include Microsoft Corporation; Amazon Web Services, Inc.; IBM Corporation; and Google, Inc. These MEA cloud infrastructure services players have accepted numerous strategies, such as collaborations, partnerships, and expansions to further support their place in the market.
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