UAE $38.5 Bn Cloud Computing Market Trends, Regional, Competition, Forecasts & Opportunities, 2019-2023 & 2024-2029

The cloud computing market in the UAE is characterized by the presence of major global players such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and IBM Cloud, alongside regional providers like eHosting DataFort and du. These companies are investing heavily in the region, setting up data centers and forming strategic partnerships to cater to the growing demand for cloud services.
The UAE government's proactive approach towards digital transformation has been a significant driver of the cloud computing market. Initiatives like the UAE Vision 2021 and the Dubai Smart City project aim to foster a knowledge-based economy, enhance government services, and improve the overall quality of life through the adoption of smart technologies. These initiatives have spurred the adoption of cloud computing across various sectors, including government, healthcare, education, and retail. The government's emphasis on cybersecurity and data sovereignty has also led to the establishment of local data centers, ensuring that sensitive data is stored within the country and compliant with local regulations.
The private sector in the UAE is rapidly embracing cloud computing to enhance operational efficiency, reduce costs, and gain a competitive edge. Industries such as banking, real estate, and hospitality are leveraging cloud solutions for data storage, analytics, and customer relationship management. The flexibility and scalability offered by cloud computing enable businesses to quickly adapt to market changes and scale their operations as needed. Moreover, the COVID-19 pandemic has accelerated the adoption of cloud-based solutions as organizations shifted to remote working models and digital collaboration tools to ensure business continuity.
The UAE's strong focus on artificial intelligence (AI) and the Internet of Things (IoT) further fuels the demand for cloud computing. The UAE AI Strategy 2031 aims to position the country as a leader in AI by integrating AI into various sectors and encouraging innovation. Cloud computing serves as the backbone for AI and IoT applications, providing the necessary infrastructure for data processing, storage, and analysis. As AI and IoT adoption increase, the reliance on cloud services is expected to grow, driving further market expansion.
Despite the positive growth trajectory, the UAE cloud computing market faces challenges, such as data security concerns, regulatory compliance, and the need for skilled IT professionals. Cybersecurity remains a top priority for organizations as they move their operations to the cloud. Ensuring data protection and privacy is crucial to maintaining trust and compliance with international standards. Additionally, there is a growing demand for skilled IT professionals who can manage and optimize cloud environments. The UAE is investing in education and training programs to build a workforce capable of supporting the evolving technology landscape.

Key Attributes:

Report Scope:

Key Market Players

• Amazon Web Services, Inc.
• Microsoft Corporation
• Alphabet Inc.
• IBM Corporation
• Oracle Corporation
• Alibaba Group
• Salesforce, Inc.
• SAP SE
• Tencent Cloud Europe B.V.
• Broadcom Inc.

UAE Cloud Computing Market, By Deployment Model:

• Public Cloud
• Private Cloud
• Hybrid Cloud

UAE Cloud Computing Market, By Service Model:

• Infrastructure-as-a-Service
• Platform-as-a-Service
• Software-as-a-Service
• Function-as-a-Service

UAE Cloud Computing Market, By End User:

• BFSI
• Government
• IT & Telecommunications
• Retail & E-commerce
• Healthcare
• Others

UAE Cloud Computing Market, By Organization Size:

• Large Enterprises
• SMEs

UAE Cloud Computing Market, By Region:

• Abu Dhabi
• Dubai
• Sharjah
• Ajman
• Rest of UAE

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

• UAE Cloud Computing Market

MENAFN01102024004107003653ID1108734076