Saudi Arabia Hybrid Cloud Market Size & Outlook, 2023-2030
Saudi Arabia hybrid cloud market, 2018-2030 (US$M)
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Saudi Arabia hybrid cloud market highlights
- The Saudi Arabia hybrid cloud market generated a revenue of USD 1,626.0 million in 2023 and is expected to reach USD 3,578.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
- In terms of segment, software as a service (saas) was the largest revenue generating service in 2023.
- Infrastructure as a Service (IaaS) is the most lucrative service segment registering the fastest growth during the forecast period.
Hybrid cloud market data book summary
| Market revenue in 2023 | USD 1,626.0 million |
| Market revenue in 2030 | USD 3,578.3 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | Software as a service (saas) |
| Fastest growing segment | Infrastructure as a Service (IaaS) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) |
| Key market players worldwide | Alibaba Group Holding Ltd ADR, Amazon.com Inc, Adobe Inc, Alphabet Inc Class A, Microsoft Corp, International Business Machines Corp, Oracle Corp, Salesforce Inc, SAP SE, Workday Inc Class A |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.4% of the global hybrid cloud market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE hybrid cloud market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3,221.9 million by 2030.
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Hybrid Cloud Market Scope
Hybrid Cloud Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia hybrid cloud market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hybrid cloud market will help companies and investors design strategic landscapes.
Software as a service (saas) was the largest segment with a revenue share of 53.35% in 2023. Horizon Databook has segmented the Saudi Arabia hybrid cloud market based on infrastructure as a service (iaas), platform as a service (paas), software as a service (saas) covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Hybrid Cloud Service Outlook (Revenue, USD Million, 2018-2030)
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
- Saudi Arabia Hybrid Cloud Application Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- IT & Telecom
- Retail & Cosumer Goods
- Others
- Government & Hybrid Sector
- Government & Private Sector
- Government & Public Sector
- Media & Entertainment
- Healthcare
- Energy & Utilities
- Manufacturing
- Saudi Arabia Hybrid Cloud Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large Enterprises
- Small & Medium Enterprises
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Target buyers of Saudi Arabia hybrid cloud market databook
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Our clientele includes a mix of hybrid cloud market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia hybrid cloud market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia hybrid cloud market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia hybrid cloud market size, by service, 2018-2030 (US$M)
Saudi Arabia Hybrid Cloud Market Outlook Share, 2023 & 2030 (US$M)
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