Technology & Media
Africa Data Center & Cloud Services Market Outlook to 2027
Africa Data Center & Cloud Services Market Outlook to 2027
Africa Data Center & Cloud Services Market Outlook to 2027
The report provides a comprehensive analysis of the potential of Africa Data Center and Cloud Service Market. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The report has market segmentation which include segments by type by service (System integration, monitoring services, professional services), by solution (power, server, management software, networking technology, cooling), by type (enterprise data centre, managed services data centre, colocation data centres, cloud data centres) & by end user (healthcare, BFSI, IT, Telecom). The report includes Porter’s five force analysis, growth enablers, recent trends & developments, pain points & solutions. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview
According to Ken Research estimates, the Africa Data Center and Cloud Service Market which grew at a robust rate from 2017-2022 & is forecasted to grow steadily from 2022-2027 driven by rising technological implementation, government schemes such as green energy integration & entry of new players.
Key Trends
By service: Professional Services Market is expected to rise in the upcoming years as compared to other segments.
By End-Users: IT is expected to witness tremendous growth in the upcoming years as compared to other segments.
Competitive Landscape
The Africa Data Centre and Cloud Service Market is fragmented with players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies dominating the Africa Data Centre market for its products, services, and continuous product developments are the basis of flexibility and price, brand recognition, quality, and the overall variety of the product offering among others.
Future Outlook
The Africa Data Centre and Cloud Service Market witnessed significant growth during the period 2017-2021, owing to technological implementation, government schemes & entry of new players.
Growth rate of the market is going to increase over the period as market penetration rates increase.
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