11 Jan 2023

North Africa's Enterprise Infrastructure Market Continues to Enjoy Strong Growth, According to IDC's Latest Tracker Data

Cairo – The North Africa enterprise infrastructure market, which includes servers and external storage, recorded year-on-year (YoY) growth of 24.6% in the third quarter of 2022 to total $70.52 million, according to research from International Data Corporation (IDC). The firm's latest Tracker data shows that over the first three quarters of 2022, the region's enterprise infrastructure market was up 31.2% on the same period in 2021, which represents a positive sign of market recovery from the impact of the COVID-19 pandemic.

The latest edition of IDC's Worldwide Quarterly Server Tracker indicates that revenues in North Africa's server market increased 14.5% YoY in Q3 2022 to reach $37.24 million, up from $32.53 million in Q3 2021. Meanwhile, IDC's Worldwide Quarterly Enterprise Storage Systems Tracker reveals that revenues in the region's enterprise external OEM storage systems market grew 38.2% over the same period to reach $33.28 million.

In terms of revenues, Egypt and Morocco were the region's biggest enterprise infrastructure markets in Q3 2022. The Egyptian market reached a value of $52.67 million for the quarter, accounting for 74.7% of the total North Africa market. Morocco saw revenues of $10.34 million for a 14.7% share of the region's enterprise infrastructure market.

"While macroeconomic factors have had an impact on IT spending in the North Africa region, most organizations across different sectors have become more aware of the significance of upgrading and maintaining their infrastructure as they strive to keep up with the pace of digital transformation in their respective countries," says Bassant Sallam, a research analyst at IDC. "In order to support digital transformation (DX) and the proliferation of applications and workloads, the demand for servers and storage is expected to continue to increase over the coming quarters."

In Egypt, the public sector is the largest spender on infrastructure hardware as it plays an important role in driving the DX process across the country. The BFSI sector was the next biggest spender on infrastructure hardware in Egypt in Q3 2022, with significant investments and infrastructure upgrades being undertaken as part of organizations' DX strategies. In Morocco, the biggest drivers of infrastructure hardware spending in Q3 2022 were the BFSI and telecommunications sectors. These two sectors are the key drivers of digital acceleration in the Moroccan economy as they continuously invest in infrastructure upgrades to align with digitalization projects and application modernization initatives.

IDC's Worldwide Quarterly Server Tracker and Worldwide Quarterly Enterprise Storage Systems Tracker are quantitative tools for analyzing server and storage markets on a quarterly basis. The trackers include data on quarterly shipments and revenues, segmented by vendor, family, model, region, country, operating system, price band, CPU type, and architecture.

For more information, please contact Sheila Manek at smanek@idc.com or on +971 4 446 3154.

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International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world's leading tech media, data, and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.

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For the Middle East, Turkey, and Africa region, IDC retains a coordinated network of offices in Riyadh, Nairobi, Lagos, Johannesburg, Cairo, and Istanbul, with a regional centre in Dubai. Our coverage couples local insights with international perspectives to provide a comprehensive understanding of markets in these dynamic regions. Our market intelligence services are unparalleled in depth, consistency, scope, and accuracy. IDC Middle East, Africa, and Turkey currently fields over 130 analysts, consultants, and conference associates across the region. To learn more about IDC MEA, please visit www.idc.com/mea. You can follow IDC MEA on Twitter at @IDCMEA.

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Contact
For more information, contact:

Bassant Sallam (bsallam)
bsallam@idc.com
+201066644104