With government policies & regulations in place, massive investment inflow alongside a growth rate of 11% is being anticipated for Africa's Data Center & Cloud Services Market. Are Policy Reforms the way ahead? : Ken Research

Africa's Data Center & Cloud Services market is experiencing a series of Government policies & reforms with companies anticipated to expand their market share in the upcoming years, says a report by Ken Research

1. Government to unlock investment potential:" By introducing policies that will regulate & strengthen the data & cloud services infrastructure, the African government is opening doors for a massive investment influx.

Increase in government support has rendered the African Data Center industry a huge opportunity in terms of opening its doors for future investment possibilities. There has been a particular increase in data centric government policies such as protection of personal information act. These policies are designed to ensure that data is handled securely & responsibly. To further support the growth of data-driven businesses, the South African government has launched the Data-driven Economy Program, which provides funding to help businesses adopt data-driven strategies. All in all, the data-focused initiatives have enabled the government to increase efficiency, improve transparency, and better understand its citizens' needs.

2. Future possibilities to be immense when it comes to the potential government initiatives in the African Data Center Market

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The African government is anticipated to open the level playing field for new entrants as well as existing ones in the data center market while improving the infrastructure. Factors such as promotion and improving the ease of doing business within the continent to encourage the deployment of data centers and cloud services within Africa and the collaboration and support in the mobilization of funds and resources from development partners and investment community into the deployment and operations of data centers and cloud services in Africa are poised to improve the African Data center & cloud services market in the upcoming years resulting in a growth rate of 11% during the forecasted period.

Time Period Captured in the Report:

Historical Period:2017- 2022
Base Year: 2022
Forecast Period: 2022-2027

Key Target Audience:

Hospital
ASC
Consulting service Providers
Government
IT Service providers

Companies Covered:

Interkel
NTT Global Data Center
African data Centers
Paratus Namibia
MainOne
IX Africa
Icolo

For more insights on market intelligence, refer to the link below: -

https://www.kenresearch.com/industry-reports/africa-data-center-market

Related Reports by Ken Research: -

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/thailand-data-center-and-cloud-services-market-outlook-to-2027/596324-105.html

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/ksa-data-center-and-cloud-services-market-outlook-to-2026/561415-105.html

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.