MIDDLE EAST AND AFRICA HYPERCONVERGED INFRASTRUCTURE MARKET 2021-2028

MIDDLE EAST AND AFRICA HYPERCONVERGED INFRASTRUCTURE MARKET 2021-2028

MARKET OUTLOOK

Triton’s report suggests that the Middle East and Africa hyperconverged infrastructure market is assessed to display revenue growth at 22.55% of CAGR through the period 2021-2028. Saudi Arabia, Morocco, the UAE, Turkey, South Africa, and Rest of Middle East & Africa form the market in this region.

In Saudi Arabia, cloud services have enhanced significantly due to the increase in the number of data centers in the past few years. Moreover, there are plans to expand these services, with STC aiming to build more facilities by 2022. As per Oracle, the country is one of the fastest-growing in cloud adoption, which is anticipated to boost with the development of new centers. Furthermore, the country is striving to enhance the growth of data centers to increase security and ensure data ownership. Other than this, the NTP is looking to consolidate data centers into unified centers for municipalities. Hence, the surge in data centers is likely to increase the growth of the hyperconverged infrastructure across the country.

Likewise, South Africa has observed substantial growth in the development of data centers, with Cape Town and Johannesburg preferred places for data center development. Additionally, there is high adoption of cloud-based solutions, which is anticipated to contribute to the development of more data centers across the country. For instance, Amazon Web Services is developing its cloud presence in Cape Town. This will help companies to gain quick access to cloud service offerings at a cheap cost. Thus, the continual development of data center and cloud services are estimated to propel the hyperconverged infrastructure market during the projected phase.

COMPETITIVE OUTLOOK

Leading companies in the hyperconverged infrastructure market include Cisco, Pivot3, Hewlett Packard Enterprise, VMware Inc, HiveIO, NetApp Inc, and Sangfor Technologies.