target audience: TECH SUPPLIER Publication date: May 2024 - Document type: Market Share - Doc Document number: # META51755624
Saudi Arabia Public Cloud Services Market Shares, 2024
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Abstract
The IDC Market Share report outlines the market shares of public cloud vendors within the Saudi PCS market in 2023. The report includes guidance for technology suppliers, examines significant market developments and the broader market landscape, and offers insights into the vendors that influenced market trends throughout the year.
"The Saudi Arabia PCS market presents a compelling growth narrative. The influx of hyperscalers and global CSPs establishing cloud regions in Saudi Arabia highlights this potential. This market expansion, which aligns with Saudi Arabia's nationwide digital transformation initiatives and economic diversification efforts, offers significant opportunities to CSPs. Competition within the market is expected to intensify as new players enter the landscape. The overall result will be a maturing cloud market where the customer is expected to reap the benefits of cutting-edge cloud services and competitive pricing. To remain competitive, CSPs must prioritize the delivery of high-quality cloud services while aiding clients in their cloud adoption journeys. In addition, the growing focus on environmental sustainability necessitates the integration of eco-friendly practices and solutions into cloud offerings." —Arif Sultan Shiekh, senior research analyst, software and cloud, IDC Saudi Arabia