Qatar Cloud Computing Market | Analysis 2019-2031

QATAR CLOUD COMPUTING INDUSTRY SNAPSHOT

• The Qatar cloud computing market is forecasted to achieve US$ 300.56 million in revenue by 2023, projecting a Compound Annual Growth Rate (CAGR) of 8.85% from 2023 to 2031.
• US$ 282.2 million was the standing of Qatar cloud computing industry in 2023.
• The most prominent segment, categorized as Software as a Service (SaaS), is anticipated to command a market value of US$ 312.59 million by 2031.
• In the Qatar cloud computing market, it's anticipated that IT and Telecom end user will account for 28.06% of the total revenue by 2031.
• Major players in the Qatar cloud computing market are adopting strategies such as partnerships and collaborations to expand their market presence. For instance, in February 2024, Ooredoo Qatar and Google Cloud collaborated to propel data analytics capabilities forward and elevate the overall customer experience.
• For instance, in May 2023, Google Cloud opened a new cloud region in Doha to meet the growing demand for services in Qatar and the Middle East. This initiative holds the potential to empower businesses and the public sector alike, driving forward the nation's technological landscape and unlocking new avenues for growth and development.

QATAR CLOUD COMPUTING MARKET COVERAGE