Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), By Organization Size Large enterprises ( Small , Medium Enterprises SMEs), By Verticals (BFSI, Telecommunication, IT & ITeS, Government & Public Sector, Retail & Consumer Goods, Manufacturing, Energy & Utility, Media & Entertainment) And Competitive Landscape
Product Code: ETC4602709 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | Africa Public Cloud Market |
Forecast Period | 2025-2031 |
Forecast Size | USD 5 billion to USD 15 billion |
CAGR | 19% |
Growing Sector | Financial Services Industry |
Africa Public Cloud Market report thoroughly covers the market - By Countries, By Service Model, By Organization Size Large Enterprises, By Verticals. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa Public Cloud Market is poised for substantial growth between 2025 and 2031, driven by increased digital transformation initiatives across the continent. The market size is projected to reach significant valuations as businesses and governments alike embrace cloud solutions to enhance efficiency and scalability.
By the end of the forecast period, the Africa Public Cloud Market size is expected to be valued at USD 15 billion, reflecting a robust Compound Annual Growth Rate (CAGR) of 19%. The market size expansion will be fueled by the rising demand for scalable infrastructure, the proliferation of startups, and increased investments in cloud technology infrastructure. As a result, the Africa Public Cloud Market is set to become a pivotal player in the global cloud computing landscape.
Africa Public Cloud Market driven by several key factors. Increasing digitalization across various sectors, including finance, healthcare, and education, is one of the pivotal elements contributing to the market expansion. Businesses are increasingly adopting cloud solutions to enhance scalability, reduce IT costs, and improve operational efficiency. Additionally, the proliferation of smartphones and internet penetration across the continent is accelerating cloud services demand.
Government initiatives supporting technology adoption and infrastructure development are also playing a crucial role. Furthermore, the rise of artificial intelligence and machine learning applications is fostering the need for sophisticated cloud platforms to handle large datasets, thereby propelling market growth in the African region.
According to 6Wresearch, the Africa Public Cloud Market Size is expected to reach at a significant CAGR of 19% during the forecast period 2025-2031. This substantial growth is driven by increasing digitization across various sectors, improving internet connectivity, and the rising adoption of technologies such as AI and machine learning. Moreover, cost efficiencies and scalability offered by cloud solutions are encouraging businesses to transition away from traditional IT infrastructures. However, challenges such as data privacy concerns, limited infrastructure in rural areas, and regulatory hurdles can impede market expansion.
Despite these challenges, ongoing investments in technology and infrastructure in the region are expected to bolster the market's growth trajectory. In addition, several African governments are implementing favorable policies to attract foreign investments in cloud technologies, further supporting market growth. Local tech startups are also emerging, contributing to the dynamic and competitive landscape by offering innovative cloud services tailored to regional needs. The collaboration between public and private sectors to enhance digital literacy and technical skills is key to maximizing the potential of the public cloud market. As these efforts continue, the region is poised to become a significant player in the global cloud computing arena.
Africa Public Cloud Market is witnessing significant growth, driven by several key factors reshaping the technology landscape on the continent. The increasing adoption of digital transformation initiatives by businesses across various sectors is a primary catalyst for this expansion. Organizations are leveraging cloud solutions to enhance operational efficiency, reduce costs, and improve scalability, which has led to heightened demand for cloud services.
Additionally, the widespread adoption of mobile technology and the internet is contributing to this Africa Public Cloud Market growth as it facilitates easier access to cloud-based applications. Furthermore, government investments in IT infrastructure and efforts to promote technological innovation are creating a conducive environment for the public cloud market's growth in Africa.
Africa Public Cloud Market is poised for notable investment opportunities presenting investors with lucrative opportunities across various industries. With the increasing digitization of businesses and the demand for scalable cloud solutions, industries such as finance, healthcare, and e-commerce are turning to public cloud services to enhance operational efficiency and data management.
Factors like improved internet connectivity, rising mobile penetration, and supportive government regulations are driving market expansion. Moreover, the public cloud's potential to provide cost-effective IT solutions and facilitate innovation aligns with the digital transformation ambitions of African enterprises. As industries continue to adopt cloud technologies, investors are likely to see robust returns, particularly in regions with burgeoning tech ecosystems and strong entrepreneurial ventures.
Africa Public Cloud Market is poised for significant growth, with several key players driving this industry forward. Leading companies such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud are at the forefront, leveraging their robust global infrastructure and tailored solutions to meet the unique needs of the African market. Other notable contributors include IBM Cloud and Oracle, both of which provide a range of cloud services that cater to various industry verticals.
These Africa Public Cloud Industry giants are not only investing in expanding data center facilities across the continent but also in training and development initiatives to enhance local technological expertise. As the demand for cloud-based solutions continues to rise, these leading players are strategically positioned to facilitate digital transformation across African economies.
It is expected to undergo significant regulatory developments between 2025 and 2031, shaped by the continent's evolving digital landscape and the increasing need for data protection and privacy. One of the key regulations anticipated is the strengthening of data sovereignty laws, requiring cloud service providers to store and process data within the continent to safeguard local data. Countries are likely to establish stricter compliance requirements concerning data security and user consent, inspired by models like the EU’s General Data Protection Regulation (GDPR).
Moreover, there could be enhanced focus on cybersecurity frameworks to address concerns about data breaches and cyber threats, ensuring that public cloud infrastructures are resilient and secure. Governments across Africa might also implement policies to encourage local cloud service providers, fostering competition and innovation while providing incentives for foreign companies to establish data centers locally. Overall, the regulatory environment is poised to become more complex and structured, aiming to balance growth in cloud adoption with the protection of users' privacy and data integrity.
The future of the Africa Public Cloud Market from 2025 to 2031 looks promising, driven by increased digital transformation initiatives across various sectors. The adoption of cloud technologies is expected to accelerate as businesses and governments recognize cloud's potential in fostering innovation, improving efficiency, and reducing operational costs. The rise of smart infrastructure projects and tech startups across the continent will contribute to cloud market growth.
Additionally, factors such as government policies favoring digital economies, advancements in connectivity infrastructure like 5G, and international cloud service providers investing in local data centers will further bolster market expansion. However, challenges such as data privacy concerns and the need to upskill the workforce to manage cloud operations effectively must be addressed. Overall, the African public cloud market is poised for substantial growth, estimated to achieve a significant compound annual growth rate (CAGR) throughout the forecast period.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Based on projections for the Africa Public Cloud Market, South Africa is anticipated to dominate this segment. The country's advanced technological infrastructure, coupled with an increasing number of enterprises adopting cloud services, positions it as a leader in the region. The presence of major cloud service providers and a supportive regulatory environment further contribute to its dominance, setting South Africa apart from other markets such as Nigeria, Kenya, and the rest of Africa.
According to Parth, Senior Research Analyst, 6Wresearch, based on current trends and projections, the "Software As A Service" (SaaS) category is expected to dominate the Africa Public Cloud Market from 2025 to 2031. This segment's growth can be attributed to the increasing demand for scalable and easily accessible software solutions that enhance business productivity and flexibility across various industries. Companies are increasingly shifting towards SaaS due to its cost-effectiveness, automatic updates, and the ability to facilitate remote working environments, which positions it prominently in the public cloud domain.
The category of large enterprises is expected to dominate under the "By Organization Size" segment. Large enterprises tend to have the resources and infrastructure needed to leverage the full potential of public cloud services. They often require scalable, robust solutions to handle extensive data processing and storage needs, making them key adopters in driving market growth. In contrast, small and medium enterprises (SMEs) may face budgetary and resource challenges, but they still represent a growing segment as cloud solutions become more affordable and accessible.
In the Africa Public Cloud Market for 2025-2031, the IT & ITeS segment is anticipated to dominate among the various verticals. This category's pivotal role in driving technological advancements and digital transformations across the continent positions it as a leader in cloud services adoption. The increasing demand for scalable cloud solutions to support burgeoning industries in Africa contributes to the prominence of the IT & ITeS sector.
The market report has been segmented and sub segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Public Cloud Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Public Cloud Market Revenues & Volume, 2021 & 2031F |
3.3 Africa Public Cloud Market - Industry Life Cycle |
3.4 Africa Public Cloud Market - Porter's Five Forces |
3.5 Africa Public Cloud Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Africa Public Cloud Market Revenues & Volume Share, By Service Model, 2021 & 2031F |
3.7 Africa Public Cloud Market Revenues & Volume Share, By Organization Size Large enterprises, 2021 & 2031F |
3.8 Africa Public Cloud Market Revenues & Volume Share, By Verticals, 2021 & 2031F |
4 Africa Public Cloud Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Public Cloud Market Trends |
6 Africa Public Cloud Market, 2021 - 2031 |
6.1 Africa Public Cloud Market, Revenues & Volume, By Service Model, 2021 - 2031 |
6.2 Africa Public Cloud Market, Revenues & Volume, By Organization Size Large enterprises, 2021 - 2031 |
6.3 Africa Public Cloud Market, Revenues & Volume, By Verticals, 2021 - 2031 |
7 South Africa Public Cloud Market, 2021 - 2031 |
7.1 South Africa Public Cloud Market, Revenues & Volume, By Service Model, 2021 - 2031 |
7.2 South Africa Public Cloud Market, Revenues & Volume, By Organization Size Large enterprises, 2021 - 2031 |
7.3 South Africa Public Cloud Market, Revenues & Volume, By Verticals, 2021 - 2031 |
8 Nigeria Public Cloud Market, 2021 - 2031 |
8.1 Nigeria Public Cloud Market, Revenues & Volume, By Service Model, 2021 - 2031 |
8.2 Nigeria Public Cloud Market, Revenues & Volume, By Organization Size Large enterprises, 2021 - 2031 |
8.3 Nigeria Public Cloud Market, Revenues & Volume, By Verticals, 2021 - 2031 |
9 Kenya Public Cloud Market, 2021 - 2031 |
9.1 Kenya Public Cloud Market, Revenues & Volume, By Service Model, 2021 - 2031 |
9.2 Kenya Public Cloud Market, Revenues & Volume, By Organization Size Large enterprises, 2021 - 2031 |
9.3 Kenya Public Cloud Market, Revenues & Volume, By Verticals, 2021 - 2031 |
10 Rest of Africa Public Cloud Market, 2021 - 2031 |
10.1 Rest of Africa Public Cloud Market, Revenues & Volume, By Service Model, 2021 - 2031 |
10.2 Rest of Africa Public Cloud Market, Revenues & Volume, By Organization Size Large enterprises, 2021 - 2031 |
10.3 Rest of Africa Public Cloud Market, Revenues & Volume, By Verticals, 2021 - 2031 |
11 Africa Public Cloud Market Key Performance Indicators |
12 Africa Public Cloud Market - Opportunity Assessment |
12.1 Africa Public Cloud Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Africa Public Cloud Market Opportunity Assessment, By Service Model, 2021 & 2031F |
12.3 Africa Public Cloud Market Opportunity Assessment, By Organization Size Large enterprises, 2021 & 2031F |
12.4 Africa Public Cloud Market Opportunity Assessment, By Verticals, 2021 & 2031F |
13 Africa Public Cloud Market - Competitive Landscape |
13.1 Africa Public Cloud Market Revenue Share, By Companies, 2024 |
13.2 Africa Public Cloud Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |