Oman Cloud Computing Market by Service Model, Deployment Model, Subscription Model, Enterprise Size, End User – Industry Analysis, Size and Forecast, 2019-2032

Oman Cloud Computing Market Growth and Performance

• The Oman cloud computing market size is expected to account for US$ 105.3 million by 2024, with an anticipated Compound Annual Growth Rate (CAGR) of 6.99%.
• The IT and Telecom sector in Oman amounted to US$ X0.8 million in 2023.

Oman Cloud Computing Market Outlook

The Oman cloud computing market is experiencing rapid growth, driven by government initiatives, strategic partnerships, and increasing demand for digital transformation. With a strong focus on innovation and sustainability, the Oman cloud computing market growth is set to position the Sultanate as a regional leader in cloud technology and digital infrastructure. One of the key Oman cloud computing market trends is the government’s commitment to digital transformation under Oman Vision 2040. Initiatives like the Omani National Data Center Program aim to create a cloud-ready, centralized infrastructure to support government operations, drive innovation, and reduce costs. The deployment of a second cloud enables the migration of business-critical workloads while retaining physical control of data and hardware. Strategic partnerships are also shaping the Oman cloud computing market competitive landscape. For instance, the Ministry of Transport, Communications, and Information Technology (MTCIT) has partnered with Amazon Web Services (AWS) to launch the AWS Data Center District, attracting foreign investments and enhancing Oman’s digital economy. Similarly, SAP has launched Oman’s first private cloud data center, enabling companies like OQ to securely store data within the country’s borders.

The Oman cloud computing industry is thriving, supported by advancements in e-commerce, e-government, and cloud-enabled solutions. Oman Data Park (ODP) and ITHCA Group have introduced Jabreen Smart Infrastructure Solutions, the Sultanate’s largest cloud system, offering integrated cloud, AI, and cybersecurity solutions. This initiative aims to strengthen cloud systems in both government and private sectors, accelerating digital transformation and reducing costs. The Oman cloud computing market outlook remains highly positive, with the government’s cloud computing services regulatory bylaw providing a legal framework for licensing and operating cloud services and data centers. Issued in September 2024, the bylaw classifies service providers into categories such as main providers, aggregators, resellers, and agents, and establishes stringent data protection and breach notification requirements. 

The Oman cloud computing market development is further supported by collaborations like the LAHINT-EBANAH partnership, which focuses on cloud computing, AI analytics, and smart automation to optimize government services. This partnership aligns with Saudi Arabia’s Vision 2030 and Oman Vision 2040, aiming to build a knowledge-based, diversified, and sustainable economy. The Oman cloud computing market competitive landscape is characterized by the presence of global tech giants like AWS, SAP, and TCS, alongside local players such as Oman Data Park (ODP) and ITHCA Group. These collaborations are driving innovation, enhancing customer experience, and supporting Oman’s digital transformation goals. For example, Muscat Clearing and Depository (MCD) has partnered with Tata Consultancy Services (TCS) to modernize its operations using TCS BaNCS™ and Quartz™ solutions. This initiative aims to future-proof MCD’s operations and facilitate the expansion of Oman’s capital markets.

Oman Cloud Computing Market Scope