Middle East & Africa IT Management as a Service Market Forecast to 2031 - Regional Analysis - by Application, Enterprise Size, and End User

Description

List of Tables

The Middle East & Africa IT management as a service market was valued at US$ 579.10 million in 2023 and is expected to reach US$ 1,607.64 million by 2031; it is estimated to register a CAGR of 13.6% from 2023 to 2031.

Rising Demand for Cloud Computing Bolsters Middle East & Africa IT Management as a Service Market

Cloud computing is revolutionizing business process improvement methodologies by enabling scalable, on-demand access to computing resources over the Internet, which eliminates the need for costly infrastructure investments while also allowing for rapid application deployment and scaling. Cloud computing also enables freedom and distant communication, which further help cloud-based solutions boost productivity. Additionally, cloud platforms give enterprises access to cutting-edge technologies such as big data analytics, machine learning, and artificial intelligence, allowing them to make better decisions and extract insightful information from their data. Thus, cloud computing is changing company models and fostering productivity, creativity, and competitiveness in the digital world, which is rising its demand in organizations worldwide. Hence, the rising adoption of cloud computing by organizations is raising the need for ITMaaS services for cloud migration and deployment. After cloud migration, ITMaaS service providers help organizations manage cloud infrastructure, including provisioning, configuring, and managing cloud infrastructure components such as virtual machines and networks. Furthermore, these service providers assist in implementing plans to monitor cloud expenditure, offer cost-saving techniques, and guarantee that resources are optimized and used appropriately. Thus, the growing demand for cloud computing is expected to propel the growth of the IT management as a service market during the forecast period.

Middle East & Africa IT Management as a Service Market Overview

The growth of the MEA IT management as a service market can be attributed to the growing trend of remote working. The governments of the various nations in MEA are taking several steps to adopt a remote working culture. For instance, in March 2023, the government of the UAE launched a new HR initiative to expand the idea of remote work by allowing government employees to work from public libraries. This program aims to encourage a culture of remote work and offer workers enhanced flexibility in their work schedules.

Middle East & Africa IT Management as a Service Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa IT Management as a Service Market Segmentation

The Middle East & Africa IT management as a service market is categorized into application, enterprise size, end user, and country.

Based on application, the Middle East & Africa IT management as a service market is segmented into system and network monitoring, compliance and security management, asset management, infrastructure performance management, configuration and change management, and others. The system and network monitoring segment held the largest Middle East & Africa IT management as a service market share in 2023.

In terms of enterprise size, the Middle East & Africa IT management as a service market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger Middle East & Africa IT management as a service market share in 2023.

By end user, the Middle East & Africa IT management as a service market is divided into IT and telecom, BFSI, healthcare and life sciences, manufacturing, higher education, retail, energy and utilities, non profit, and others. The IT and telecom segment held the largest Middle East & Africa IT management as a service market share in 2023.

By country, the Middle East & Africa IT management as a service market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa IT management as a service market share in 2023.

Cisco Systems Inc, Cognizant Technology Solutions Corp, Wipro Ltd, Amazon Web Services Inc, International Business Machines Corp, Fujitsu Ltd, Persistent Systems Ltd, BMC Software Inc, HCL Technologies Ltd, Hewlett Packard Enterprise Co, Capgemini SE, Atos SE, Kyndryl Holdings Inc, Avanade Inc, and Rimini Street, Inc. are some of the leading companies operating in the Middle East & Africa IT management as a service market.

Product Code: BMIRE00031184

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
3.3 Hypothesis formulation:
3.4 Macro-economic factor analysis:
3.5 Developing base number:
3.6 Data Triangulation:
3.7 Country level data:

4. Middle East & Africa IT Management as a Service Market Landscape

4.1 Overview
- 4.1.1 ITMaaS Service Providers:
- 4.1.2 Regulatory Bodies:
- 4.1.3 End Users:
- 4.1.4 List of Vendors in the Value Chain

5. Middle East & Africa IT Management as a Service Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rising Demand for Remote Work Culture
- 5.1.2 Increasing Complexity of IT Infrastructure
5.2 Market Restraints
- 5.2.1 Growing Data Privacy and Security Concerns
5.3 Market Opportunities
- 5.3.1 Rising Adoption of ITMaaS in Healthcare Industry
- 5.3.2 Growing Digitization in SMEs
5.4 Market Trends
- 5.4.1 Rising Demand for Cloud Computing
5.5 Impact of Drivers and Restraints:

6. IT Management as a Service Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa IT Management as a Service Market Revenue (US$ Million), 2021-2031
6.2 Middle East & Africa IT Management as a Service Market Forecast Analysis

7. Middle East & Africa IT Management as a Service Market Analysis - by Application

7.1 System and Network Monitoring
- 7.1.1 Overview
- 7.1.2 System and Network Monitoring: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Compliance and Security Management
- 7.2.1 Overview
- 7.2.2 Compliance and Security Management: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Asset Management
- 7.3.1 Overview
- 7.3.2 Asset Management: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Infrastructure Performance Management
- 7.4.1 Overview
- 7.4.2 Infrastructure Performance Management: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
7.5 Configuration and Change Management
- 7.5.1 Overview
- 7.5.2 Configuration and Change Management: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)

8. Middle East & Africa IT Management as a Service Market Analysis - by Enterprise Size

8.1 Large Enterprises
- 8.1.1 Overview
- 8.1.2 Large Enterprises: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
8.2 SMEs
- 8.2.1 Overview
- 8.2.2 SMEs: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)

9. Middle East & Africa IT Management as a Service Market Analysis - by End User

9.1 IT and Telecom
- 9.1.1 Overview
- 9.1.2 IT and Telecom: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
9.2 BFSI
- 9.2.1 Overview
- 9.2.2 BFSI: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Healthcare and Lifesciences
- 9.3.1 Overview
- 9.3.2 Healthcare and Lifesciences: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Manufacturing
- 9.4.1 Overview
- 9.4.2 Manufacturing: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Higher Education
- 9.5.1 Overview
- 9.5.2 Higher Education: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
9.6 Retail
- 9.6.1 Overview
- 9.6.2 Retail: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
9.7 Energy and Utilities
- 9.7.1 Overview
- 9.7.2 Energy and Utilities: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
9.8 Non-Profit
- 9.8.1 Overview
- 9.8.2 Non-Profit: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
9.9 Others
- 9.9.1 Overview
- 9.9.2 Others: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)

10. Middle East & Africa IT Management as a Service Market - Country Analysis

10.1 Middle East & Africa
- 10.1.1 Middle East & Africa IT Management as a Service Market Overview
- 10.1.2 Middle East & Africa: IT Management as a Service Market - Market Breakdown, by Key Countries, 2023 and 2031 (%)
  - 10.1.2.1 Middle East & Africa: IT Management as a Service Market - Revenue and Forecast Analysis - by Country
  - 10.1.2.2 United Arab Emirates: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.2.1 United Arab Emirates: IT Management as a Service Market Breakdown, by Application
    - 10.1.2.2.2 United Arab Emirates: IT Management as a Service Market Breakdown, by Enterprise Size
    - 10.1.2.2.3 United Arab Emirates: IT Management as a Service Market Breakdown, by End User
  - 10.1.2.3 Saudi Arabia: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.3.1 Saudi Arabia: IT Management as a Service Market Breakdown, by Application
    - 10.1.2.3.2 Saudi Arabia: IT Management as a Service Market Breakdown, by Enterprise Size
    - 10.1.2.3.3 Saudi Arabia: IT Management as a Service Market Breakdown, by End User
  - 10.1.2.4 South Africa: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.4.1 South Africa: IT Management as a Service Market Breakdown, by Application
    - 10.1.2.4.2 South Africa: IT Management as a Service Market Breakdown, by Enterprise Size
    - 10.1.2.4.3 South Africa: IT Management as a Service Market Breakdown, by End User
  - 10.1.2.5 Rest of Middle East & Africa: IT Management as a Service Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.5.1 Rest of Middle East & Africa: IT Management as a Service Market Breakdown, by Application
    - 10.1.2.5.2 Rest of Middle East & Africa: IT Management as a Service Market Breakdown, by Enterprise Size
    - 10.1.2.5.3 Rest of Middle East & Africa: IT Management as a Service Market Breakdown, by End User

11. Competitive Landscape

11.1 Company Positioning & Concentration
11.2 Heat Map Analysis by Key Players

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 Product News & Company News
12.4 Collaboration and Mergers & Acquisitions

13. Company Profiles

13.1 Cisco Systems Inc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Cognizant Technology Solutions Corp
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Wipro Ltd
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Amazon Web Services Inc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 International Business Machines Corp
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Fujitsu Ltd
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Persistent Systems Ltd
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 BMC Software, Inc.
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 HCL Technologies Ltd
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Hewlett Packard Enterprise Co
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
13.11 Capgemini SE
- 13.11.1 Key Facts
- 13.11.2 Business Description
- 13.11.3 Products and Services
- 13.11.4 Financial Overview
- 13.11.5 SWOT Analysis
- 13.11.6 Key Developments
13.12 Atos SE
- 13.12.1 Key Facts
- 13.12.2 Business Description
- 13.12.3 Products and Services
- 13.12.4 Financial Overview
- 13.12.5 SWOT Analysis
- 13.12.6 Key Developments
13.13 Kyndryl Holdings Inc
- 13.13.1 Key Facts
- 13.13.2 Business Description
- 13.13.3 Products and Services
- 13.13.4 Financial Overview
- 13.13.5 SWOT Analysis
- 13.13.6 Key Developments
13.14 Avanade Inc.
- 13.14.1 Key Facts
- 13.14.2 Business Description
- 13.14.3 Products and Services
- 13.14.4 Financial Overview
- 13.14.5 SWOT Analysis
- 13.14.6 Key Developments
13.15 Rimini Street, Inc.
- 13.15.1 Key Facts
- 13.15.2 Business Description
- 13.15.3 Products and Services
- 13.15.4 Financial Overview
- 13.15.5 SWOT Analysis
- 13.15.6 Key Developments

14. Appendix

14.1 Word Index
14.2 About The Insight Partners