Browse
related articles
UAE cloud market set for 43.7% growth until 2016: IDC
- United Arab Emirates: 5 hours, 16 minutes ago
According to a report by IDC, businesses in the Middle East and North Africa (Mena) region face significant transition and data storage challenges as the regional cloud market continues to grow, PC Advisor has reported. Emerging markets, which include the Mena region, will witness the fastest growth in cloud spending anywhere in the world, collectively growing at 44.1% until 2016, said the report. The UAE cloud market alone is set for a compound annual growth rate of 43.7% until 2016, it said. This means that the share of cloud spending by emerging markets almost double from 13% in 2011 to 24.9% in 2016, which will account for almost 30% of net-new public IT cloud services spending growth, the IDC said.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
