Infrastructure as a Service - Malta

  • Malta
  • Revenue in the Infrastructure as a Service market is projected to reach US$17.67m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.87%, resulting in a market volume of US$45.59m by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$57.91 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

The Infrastructure as a Service market in Malta is experiencing steady growth and development, driven by customer preferences, market trends, local special circumstances, and underlying macroeconomic factors.

Customer preferences:
In line with global trends, customers in Malta are increasingly opting for Infrastructure as a Service (IaaS) solutions due to their scalability, flexibility, and cost-effectiveness. By leveraging IaaS, businesses can avoid the upfront costs of hardware and infrastructure investments while enjoying the benefits of cloud-based services. This enables them to focus on their core competencies and allocate resources more efficiently.

Trends in the market:
One of the key trends in the IaaS market in Malta is the growing demand for hybrid cloud solutions. Hybrid cloud combines public and private cloud infrastructure, allowing businesses to leverage the benefits of both. This trend is driven by the need for greater control and security over sensitive data, while still taking advantage of the scalability and cost savings offered by public cloud providers. Another trend in the market is the increasing adoption of IaaS by small and medium-sized enterprises (SMEs). Traditionally, SMEs in Malta have faced challenges in terms of limited IT budgets and resources. However, with the availability of IaaS solutions, SMEs can now access enterprise-grade infrastructure and services without the need for significant upfront investments. This trend is expected to continue as more SMEs recognize the value and benefits of IaaS.

Local special circumstances:
Malta's geographic location and size present unique challenges and opportunities for the IaaS market. As an island nation, Malta has limited physical space for data centers and infrastructure. This has led to a focus on optimizing existing infrastructure and leveraging cloud-based solutions to meet the growing demand for IT services. Furthermore, Malta's strong presence in industries such as gaming, financial services, and e-commerce has created a need for robust and scalable IT infrastructure. The IaaS market in Malta is catering to these industries by providing reliable and secure cloud-based solutions that can support their growing needs.

Underlying macroeconomic factors:
Malta's strong economic growth, coupled with government initiatives to promote digital transformation and innovation, is driving the development of the IaaS market. The government's commitment to creating a favorable business environment and attracting foreign investment has also contributed to the growth of the IT sector, including the IaaS market. Additionally, Malta's membership in the European Union provides businesses with access to a larger market and regulatory framework, further boosting the demand for cloud-based services. The increasing adoption of digital technologies and the need for data storage and processing are also contributing factors to the growth of the IaaS market in Malta. In conclusion, the Infrastructure as a Service market in Malta is growing and evolving in response to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The demand for scalable and cost-effective IT infrastructure, the adoption of hybrid cloud solutions, the increasing adoption by SMEs, and Malta's unique geographic and economic factors all contribute to the development of the IaaS market in Malta.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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