Analysts Will Examine Top Technology Trends at Gartner Symposium/ITxpo 2016, March 1-3, in Dubai
Dubai, March 7, 2016 -The public cloud services market in the Middle East and North Africa (MENA) region is projected to grow 18.1percent in 2016 to total $864.2 million, up from an estimated $731.6 million in 2015, according to Gartner, Inc.
Business process as a service (BPaaS), the largest segment of the cloud services market by revenue in MENA, is expected to grow 6.4 percent in 2016 to reach $262.4 million. The largest growing market, cloud management and security services, is projected to grow 27.5 percent in 2016, followed by software as a service (SaaS) and platform as a service (PaaS) with growth of 26.4 percent and 23.4 percent .
"The forecast for overall cloud services in the region shows sustained momentum with a projected growth rate of 20.6 percent in 2017 . Global market dynamics, currency and exchange rates remain a determining factor in this growth trajectory." said Sid Nag, research director at Gartner. "BPaas revenue remains the largest segment with enterprises continuing to move to cloud based models as opposed to the traditional business process outsourcing (BPO). Furthermore, growth of SaaS and PaaS is an indicator of organizations and vendors moving away from on premises license based application software and application development platforms to subscription-based SaaS and PaaS models."
Gartner predicts that in 2019, total public cloud services spending in the MENA region will rise to $1.42 billion, with the largest growth coming from cloud management and security at 21 percent, followed by SaaS and infrastructure as a service (IaaS) with growth rates of 20.2 percent and 19.3 percent respectively.
About Gartner Symposium/ITxpo
Gartner Symposium/ITxpo is the world's most important gathering of CIOs and other senior IT executives. This event delivers independent and objective content with the authority of the world's leading IT research and advisory organization, and provides access to the latest solutions from key technology providers. Gartner's annual Symposium/ITxpo events are key components of attendees' annual planning efforts. IT executives rely on these events to gain insight into how their organizations can use IT to overcome business challenges and improve operational efficiency.
Additional information for Gartner Symposium/ITxpo 2016 in Dubai, March 1- 3, is available at www.gartner.com/technology/symposium/dubai/. Members of the media can register for the event by contacting Sony Shetty at sony.shetty@gartner.com.
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About Gartner
Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. The company delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is the valuable partner to clients in approximately 10,000 distinct enterprises worldwide. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 7,600 associates, including more than 1,600 research analysts and consultants, and clients in 90 countries. For more information, visit www.gartner.com.
CONTACTS:
Sony Shetty
Gartner
Tel: +91 9820900026
Email: sony.shetty@gartner.com
© Press Release 2016
