Cloud computing — Middle East market analysis

The global cloud computing market is experiencing sustained double-digit growth, propelled by enterprise digital transformation, AI/ML workloads, and migration from on-premise infrastructure. Core segments include infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS), with hyperscalers and regional providers competing for share. The market is characterized by rapid innovation, evolving regulatory frameworks, and intensifying demand for scalable, secure, and cost-efficient IT solutions.

Market

Cloud computing

Region

Middle East

Growth

Risks: Geopolitical risk, regulatory delays, and talent shortages.
Drivers: National digital transformation agendas, investment in hyperscale data centers, and smart city initiatives.
CAGR 2019 2024: 21
CAGR 2024 2030 Base: 19.75
CAGR 2024 2030 Downside: 13.65

Distribution

Share: 3
Market Size: 20300000000

Footnotes

line1: 1) Market size includes IaaS, PaaS, and SaaS; 2) Base case assumes continued enterprise migration and AI adoption; downside reflects macro and regulatory headwinds.
line2: Regional splits based on current FX and public cloud provider disclosures; projections consider digitalization, regulatory, and infrastructure trends.
source: Askpot AI Analysis Report 2025