Future Outlook of Africa Data Center and Cloud Services Market: Ken Research
What Is The Size Of Africa Data Centre Indafricatry?
Africa Data Centre and Cloud Service Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach US $ ~ Bn by 2027.
The Africa Data Centre and Cloud Service Market is largely driven by boost in the technological innovation & subsequent integration in the market.
In recent years, the impact of technological advancements has revolutionized the industry. The increasing Africae of 5G services alongside its integration in the market has helped boost the industry profits. Moreover, implementation of green energy by companies such as Microsoft has also increased the confidence of stakeholders.
The Africa Data Centre and Cloud Service Market is currently expanding. The pandemic has compelled people to work from home as a result of which data center is no longer a want rather a need. Thus, in the aftermath, the market has seen emergence of new startups & growth in the profits of existing companies such as Microsoft & Google.
The market has seen a stable growth as a result of favorable government policies such as integration of green energy in the setting up of facilities.
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Africa Data Centre and Cloud Service Market By Market Structure
The Africa Data Centre and Cloud Service Market is segmented by services into monitoring services, professional services, system integration. There is a preference towards professional services as the market is growing at a rapid pace with endless opportunities.
Africa Data Centre and Cloud Service Market By Solution
The Africa Data Centre and Cloud Service Market is segmented by Solution into Power, Server, Management software, Networking technology & Cooling. The market preference is towards Management Software due to a vast number of startups entering the market alongside increasing number of opportunities.
Africa Data Centre And Cloud Service Market By Type
The Africa Data Centre and Cloud Service Market is segmented by Type into Enterprise Data Centre, Colocation Data Centre, Managed Service data Center, Cloud Service Data center. The market preference is towards Cloud Service Data Center.
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Africa Data Centre And Cloud Service Market By End User
The Africa Data Centre and Cloud Service Market is segmented by End user into Healthcare, IT, Telecom. The market is towards IT owing to increase in digitalization of every sector alongside an increasing support by the government to integrate technology into various domains.
Competition Scenario In Africa Data Center And Cloud Service Market
Africa’s Data Centre and Cloud Service Market is a fragmented market which is still in the growing phase. With technology integration in the country and more favorable government policies are the major reason for the entrance of the new players. Sone of the major players in the AFRICA Data Centre market are Africa Data Centers, NTT Global Data Centers, Paratus Namibia, Egypro, Raxio, MainOne,IX Africa, Icolo.
What Is The Expected Future Outlook For The Overall Africa Data Centre And Cloud Service Market Across The Globe?
The Africa Data Centre and Cloud Service Market was valued at US $ ~billion in 2022 and is anticipated to reach US $~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.
The Africa Data Centre and Cloud Service Market is driven by boost in technology integration, government initiatives on infrastructure development. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.
The Africa Data Centre and Cloud Service Market will expand in the coming years as a result of the increased focus of Data Centre companies on infrastructure development, entry of new players. With this trend, the inflow of investments will increase in the future.
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Time Period Captured in the Report:
- Historical Period:2017- 2022
- Base Year: 2022
- Forecast Period: 2022-2027
Key Target Audience:
- Hospital
- ASC
- Consulting service Providers
- Government
- IT Service providers
Companies Covered:
- Interkel
- NTT Global Data Center
- African data Centers
- Paratus Namibia
- MainOne
- IX Africa
- Icolo
For more insights on market intelligence, refer to the link below: –
Africa Data Centre & Cloud Services Market
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