Market Forecast By Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), By Infrastructure as a Service (Primary Storage, Disaster Recovery and Backup, Archiving, Computer), By Platform as a Service (Application Development and Platforms, Application Testing and Quality, Analytics and Reporting, Integration and Orchestration, Data Management), By Software as a Service (Customer Relationship Management, Enterprise Resource Management, Human Capital Management, Content Management, Collaboration and Productivity Suites, Supply Chain Management, Others), By Organization Size (Large Enterprises, SMEs), By Deployment Model (Public Cloud, Private Cloud), By Verticals (BFSI, Telecommunication, IT & ITeS, Government & Public Sector, Retail & Consumer Goods, Manufacturing, Energy & Utility, Media & Entertainment) And Competitive Landscape
Product Code: ETC4427919 | Publication Date: Jul 2023 | Updated Date: Jul 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | Turkey Cloud Computing Market |
Forecast period | 2024-2030 |
CAGR | 15.3% |
Growing Sector | SaaS segment |
The Turkey Cloud Computing Market report thoroughly covers the market by Service Model, by Infrastructure As A Service , by Platform As A Service , by Software As A Service , by Organization Size , by Deployment Model , and by Verticals. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Cloud Computing market in Turkey is witnessing significant growth, driven by its increasing application across various sectors. The key drivers of growth include the rising demand for various types of Cloud Computing models, such as Infrastructure As A Service, Platform As A Service, and Software As A Service, among others across different sectors. The market growth is further propelled by factors such as increasing awareness about Cloud Computing efficiency, the rising adoption of cloud-based services, and continuous advancements in cloud technology.
According to 6Wresearch, the Turkey Cloud Computing Market size is expected to grow at a CAGR OF 15.3% during 2024-2030. The Cloud Computing market in Turkey is experiencing rapid expansion due to the increasing demand for cost-effective and flexible computing systems across large enterprises and SMEs. Moreover, the crucial role of Cloud Computing in maintaining operational efficiency is gaining extensive recognition, driving market growth. This growth is further fuelled by diversified applications, growing market awareness, and focused attention on cost optimization. In addition, advancements in cloud technology, along with the integration of emerging technologies like AI and IoT, are expected to shape the future of Cloud Computing in Turkey.
Despite the expected growth, challenges such as demand-supply balance, and variations in the price and quality of different Cloud Computing models pose major market challenges. For market players, creating effective quality control and cost-effective solutions is critical to overcome these roadblocks and maintain their market position. On a brighter note, advancements in technology and increased adoption of automated computing solutions are expected to open new opportunities for market players.
In Turkey's Cloud Computing industry, leading players dominate the market, exhibiting a mix of traditional and innovative technologies. Companies include Google, Oracle, IBM, and SAP stand out as key players, renowned for their reliable and technologically advanced computing solutions. These players are known for their diverse range of cloud computing services tailored to cater to the needs of Turkish consumers, providing efficient and convenient operations. Besides, established players in the market are also investing in research and development to further enhance their services and maintain a competitive edge.
The Turkish cloud computing market is heavily influenced by government regulations, particularly the Turkish Personal Data Protection Law (KVKK), which mandates strict data privacy and protection standards. Compliance with these regulations is crucial for both local and international cloud service providers operating in Turkey. The government also supports digital infrastructure development and promotes digital transformation initiatives, which are intended to facilitate cloud adoption. However, regulatory complexities and frequent changes can create challenges for businesses, necessitating careful navigation of the legal landscape to ensure compliance and secure data handling.
The future of the Turkey cloud computing market promises continued expansion and innovation, driven by a convergence of technological advancements and evolving business needs. As businesses increasingly embrace digital transformation, demand for agile and scalable cloud computing solutions will surge, fuelling market growth. Artificial intelligence and machine learning technologies will play a crucial role, enabling predictive analytics, dynamic pricing optimization, and personalized computing experiences. Moreover, strategic partnerships and collaborations within the ecosystem will foster innovation, leading to the development of tailored solutions that address the evolving requirements of Turkish businesses. With a focus on customer-centricity, security, and regulatory compliance, the Turkey cloud computing market is poised for sustained growth and transformation, unlocking new opportunities for businesses across various sectors.
According to Ravi Bhandari, Research Head, 6Wresearch, Software As A Service (SaaS) is expected to grow at a faster pace. This can be attributed to its convenience and cost-effectiveness for businesses, as SaaS offers on-demand access to software applications and eliminates the need for expensive hardware and maintenance costs.
The Disaster Recovery and Backup segment is expected to grow at a faster pace due to the increasing importance of data security and backup solutions for businesses. With the rising number of cyber threats, companies are investing heavily in disaster recovery and backup services to safeguard their critical data.
The Analytics and Reporting segment is expected to witness significant growth in the coming years, driven by the increasing demand for data-driven insights and decision-making. With businesses relying on data more than ever before, the need for efficient analytics and reporting tools is critical, making this segment a key driver of market growth.
The Customer Relationship Management (CRM) segment is expected to witness the highest growth in the Software As A Service market, driven by its increasing importance for businesses to manage and maintain customer relationships. With the rise of e-commerce and online interactions, CRM solutions have become essential for companies to enhance their customer experience and drive sales.
The SMEs segment is expected to witness faster growth in the Turkey Cloud Computing market, owing to their increasing adoption of cost-effective cloud computing solutions. With limited resources and budgets, SMEs are turning towards cloud-based services for their computing needs, creating a significant demand for these services in the market.
The public cloud deployment model is expected to witness faster growth in the Turkey Cloud Computing market. This can be attributed to its cost-effectiveness and scalability, making it an ideal choice for businesses of all sizes.
The IT & ITeS segment is expected to witness the highest growth in the Turkey Cloud Computing market, driven by the increasing adoption of cloud computing solutions in the IT sector for efficient data management and operations.
The report delivers a comprehensive study of the subsequent market segments
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 Turkey Cloud Computing Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Cloud Computing Market Revenues & Volume, 2020 & 2030F |
3.3 Turkey Cloud Computing Market - Industry Life Cycle |
3.4 Turkey Cloud Computing Market - Porter's Five Forces |
3.5 Turkey Cloud Computing Market Revenues & Volume Share, By Service Model, 2020 & 2030F |
3.6 Turkey Cloud Computing Market Revenues & Volume Share, By Infrastructure as a Service, 2020 & 2030F |
3.7 Turkey Cloud Computing Market Revenues & Volume Share, By Platform as a Service, 2020 & 2030F |
3.8 Turkey Cloud Computing Market Revenues & Volume Share, By Software as a Service, 2020 & 2030F |
3.9 Turkey Cloud Computing Market Revenues & Volume Share, By Organization Size, 2020 & 2030F |
3.10 Turkey Cloud Computing Market Revenues & Volume Share, By Deployment Model, 2020 & 2030F |
3.11 Turkey Cloud Computing Market Revenues & Volume Share, By Verticals, 2020 & 2030F |
4 Turkey Cloud Computing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey Cloud Computing Market Trends |
6 Turkey Cloud Computing Market, By Types |
6.1 Turkey Cloud Computing Market, By Service Model |
6.1.1 Overview and Analysis |
6.1.2 Turkey Cloud Computing Market Revenues & Volume, By Service Model, 2020 - 2030F |
6.1.3 Turkey Cloud Computing Market Revenues & Volume, By Infrastructure as a Service, 2020 - 2030F |
6.1.4 Turkey Cloud Computing Market Revenues & Volume, By Platform as a Service, 2020 - 2030F |
6.1.5 Turkey Cloud Computing Market Revenues & Volume, By Software as a Service, 2020 - 2030F |
6.2 Turkey Cloud Computing Market, By Infrastructure as a Service |
6.2.1 Overview and Analysis |
6.2.2 Turkey Cloud Computing Market Revenues & Volume, By Primary Storage, 2020 - 2030F |
6.2.3 Turkey Cloud Computing Market Revenues & Volume, By Disaster Recovery and Backup, 2020 - 2030F |
6.2.4 Turkey Cloud Computing Market Revenues & Volume, By Archiving, 2020 - 2030F |
6.2.5 Turkey Cloud Computing Market Revenues & Volume, By Computer, 2020 - 2030F |
6.3 Turkey Cloud Computing Market, By Platform as a Service |
6.3.1 Overview and Analysis |
6.3.2 Turkey Cloud Computing Market Revenues & Volume, By Application Development and Platforms, 2020 - 2030F |
6.3.3 Turkey Cloud Computing Market Revenues & Volume, By Application Testing and Quality, 2020 - 2030F |
6.3.4 Turkey Cloud Computing Market Revenues & Volume, By Analytics and Reporting, 2020 - 2030F |
6.3.5 Turkey Cloud Computing Market Revenues & Volume, By Integration and Orchestration, 2020 - 2030F |
6.3.6 Turkey Cloud Computing Market Revenues & Volume, By Data Management, 2020 - 2030F |
6.4 Turkey Cloud Computing Market, By Software as a Service |
6.4.1 Overview and Analysis |
6.4.2 Turkey Cloud Computing Market Revenues & Volume, By Customer Relationship Management, 2020 - 2030F |
6.4.3 Turkey Cloud Computing Market Revenues & Volume, By Enterprise Resource Management, 2020 - 2030F |
6.4.4 Turkey Cloud Computing Market Revenues & Volume, By Human Capital Management, 2020 - 2030F |
6.4.5 Turkey Cloud Computing Market Revenues & Volume, By Content Management, 2020 - 2030F |
6.4.6 Turkey Cloud Computing Market Revenues & Volume, By Collaboration and Productivity Suites, 2020 - 2030F |
6.4.7 Turkey Cloud Computing Market Revenues & Volume, By Supply Chain Management, 2020 - 2030F |
6.5 Turkey Cloud Computing Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Turkey Cloud Computing Market Revenues & Volume, By Large Enterprises, 2020 - 2030F |
6.5.3 Turkey Cloud Computing Market Revenues & Volume, By SMEs, 2020 - 2030F |
6.6 Turkey Cloud Computing Market, By Deployment Model |
6.6.1 Overview and Analysis |
6.6.2 Turkey Cloud Computing Market Revenues & Volume, By Public Cloud, 2020 - 2030F |
6.6.3 Turkey Cloud Computing Market Revenues & Volume, By Private Cloud, 2020 - 2030F |
6.7 Turkey Cloud Computing Market, By Verticals |
6.7.1 Overview and Analysis |
6.7.2 Turkey Cloud Computing Market Revenues & Volume, By BFSI, 2020 - 2030F |
6.7.3 Turkey Cloud Computing Market Revenues & Volume, By Telecommunication, 2020 - 2030F |
6.7.4 Turkey Cloud Computing Market Revenues & Volume, By Government & Public Sector, 2020 - 2030F |
6.7.5 Turkey Cloud Computing Market Revenues & Volume, By Government & Public Sector, 2020 - 2030F |
6.7.6 Turkey Cloud Computing Market Revenues & Volume, By Retail & Consumer Goods, 2020 - 2030F |
6.7.7 Turkey Cloud Computing Market Revenues & Volume, By Manufacturing, 2020 - 2030F |
6.7.8 Turkey Cloud Computing Market Revenues & Volume, By Media & Entertainment, 2020 - 2030F |
6.7.9 Turkey Cloud Computing Market Revenues & Volume, By Media & Entertainment, 2020 - 2030F |
7 Turkey Cloud Computing Market Import-Export Trade Statistics |
7.1 Turkey Cloud Computing Market Export to Major Countries |
7.2 Turkey Cloud Computing Market Imports from Major Countries |
8 Turkey Cloud Computing Market Key Performance Indicators |
9 Turkey Cloud Computing Market - Opportunity Assessment |
9.1 Turkey Cloud Computing Market Opportunity Assessment, By Service Model, 2020 & 2030F |
9.2 Turkey Cloud Computing Market Opportunity Assessment, By Infrastructure as a Service, 2020 & 2030F |
9.3 Turkey Cloud Computing Market Opportunity Assessment, By Platform as a Service, 2020 & 2030F |
9.4 Turkey Cloud Computing Market Opportunity Assessment, By Software as a Service, 2020 & 2030F |
9.5 Turkey Cloud Computing Market Opportunity Assessment, By Organization Size, 2020 & 2030F |
9.6 Turkey Cloud Computing Market Opportunity Assessment, By Deployment Model, 2020 & 2030F |
9.7 Turkey Cloud Computing Market Opportunity Assessment, By Verticals, 2020 & 2030F |
10 Turkey Cloud Computing Market - Competitive Landscape |
10.1 Turkey Cloud Computing Market Revenue Share, By Companies, 2023 |
10.2 Turkey Cloud Computing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |