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Saudi Arabia Cloud Computing market – Opportunities and Forecast, 2020-2027

Cloud computing is the distribution of on-demand computing services such as storage, platform, databases, server, networking, and software, generally over the internet and on a pay-as-you-go basis. The companies can rent cloud storage access ranging from applications to storage via a cloud service provider. Cloud computing offers numerous benefits such as it helps to reduce operational cost, minimizes complexity to manage or maintain IT infrastructure, and many other benefits. <br><br>Visit:u00a0https://www.gmiresearch.com/report/saudi-arabia-cloud-computing-market/

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Saudi Arabia Cloud Computing market – Opportunities and Forecast, 2020-2027

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  1. Saudi Arabia Cloud Computing market

  2. The market report by GMI Research offers a comprehensive breakdown of industry status and outlook of the market based on key players and market segments. The market report also studies the market competition landscape, market drivers, and trends, opportunities and challenges, risks and barriers, and other aspects of the market.

  3. Saudi Arabia Cloud Computing market Summary The key driver contributing to the growth of the Saudi Arabia Cloud Computing market is the growing usage of cloud computing across various industries includes media & entertainment, BFSI, retail & consumer goods, and hospitality. The growing amount of data generated due to the rising usage of mobile apps and websites is further driving the market growth. Increasing digitalization, followed by the growing number of government initiatives, including Saudi Vision 2030, is further boosting the demand for cloud computing to store data at a lower cost. Numerous government initiatives, such as Smart city Neom, are surging the number of connected devices, therefore increasing the demand for cloud computing.

  4. In addition to this, the increasing volume of data generated through smart devices such as tablets and smartphone, along with the growing emphasis on enhancing customer satisfaction by delivering customer-centric application and the rising necessity to Control And Decrease Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) are boosting the growth of advanced technologies such as Artificial Intelligence (AI), and Machine Learning (ML). All these factors are accelerating the adoption of cloud computing over the coming years. According to the Saudi Arabia Cloud Computing market report, the growing concern related to data security, the increasing risk of cyber- attack, and the lack of skilled workforce are significant factors hampering the market's demand during the forecast period.

  5. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.

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