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Publication: July 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: CCT15187 
  Pages: 160+  

GCC Cloud Compute Service Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

 July 2024   

GCC Cloud Compute Service Market Growth and Performance

  • The cloud compute service market size in GCC increased to US$ 177.6 Million in 2023, with a year-on-year growth rate of 19.1%.
  • By the end of 2032, the GCC cloud compute service market is on track to achieve US$ 1.31 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 24.5% throughout the forecast period.
  • The virtual machine market segment is estimated to hold the largest market share of 36.2% and be valued at US$ 474.1 Million in 2032.
  • In 2032, 60.8% of the total spending in the GCC cloud compute service market is forecasted to come from Saudi Arabia.

GCC Cloud Compute Service Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

Cloud Bare Metal Market

Cloud Container Market

Virtual Machine Market

Deployment Model

Public Cloud

Private Cloud

Hybrid Cloud

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

 

GCC Cloud Compute Service Industry: Regional Coverage

 

Countries

GCC

Saudi Arabia

United Arab Emirates

Qatar

Kuwait

Oman

Bahrain