Press Release

The Middle East & Africa Data Center Market is projected to exhibit a high CAGR during the forecast period of 2024-2028

The Middle East & Africa Data Center Market is expected to experience significant growth between 2024 and 2028, driven by the rapid adoption of cloud and digital transformation by companies in the region.

 

According to TechSci Research report, “Middle East & Africa Data Center Market - By Country, Competition Forecast & Opportunities, 2028,” the data center market in the Middle East & Africa is experiencing significant growth due to the rapid adoption of cloud and digital transformation by enterprises. Businesses are implementing data centers to store, analyze, and distribute vast amounts of data. A data center is a physical facility that houses networked computers, storage systems, and computing equipment. The Middle East & Africa data center industry is also driven by the increasing use of smartphones and the demand for data and high bandwidth capacity. Efficient cooling solutions are crucial for modern data centers to ensure the optimal performance of servers, networking equipment, GPUs, and UPS systems, considering their high energy consumption compared to commercial spaces. The region is strategically positioned to become a hub for data centers specializing in cloud computing technologies, including artificial intelligence, machine learning, and advanced analytics. Government measures, such as the National Data and Cloud Policy, aim to strengthen the industrial value chain, while initiatives like the Smart Cities Framework (SCF) and Special Economic Zones (SEZ) foster collaboration in technological developments such as Cloud Service, Data Center, and Software Park. These government initiatives and developments are expected to further support the growth of the Middle East & Africa Data Center Market until 2028.

Riyad Bank, a leading financial institution in Saudi Arabia (KSA), is currently undergoing a digital transformation to enhance its competitiveness in the fast-growing fintech sector. The bank is actively contributing to the realization of Vision 2030, supporting the Kingdom's goals. This expansion is driven by rapid industrialization, urbanization, and digitization in the region, emphasizing the need for reliable backup solutions to ensure uninterrupted operations and secure critical machinery.

 

Browse over XX market data Figures spread through 80 Pages and an in-depth TOC on the "Middle East & Africa Data Center Market.”

 

The Middle East & Africa Data Center Market is categorized into solution, type, end user, country and competitive landscape. In terms of solution, the market is further divided into IT infrastructure, general infrastructure, electrical infrastructure, mechanical infrastructure, and others. In terms of type, the market is segmented into corporate and web hosting. In terms of end-user, the market is categorized into Information Technology & telecom, government, BFSI, healthcare, and others. The market analysis also examines country wise segmentation, including UAE, Saudi Arabia, Oman, Qatar, Kuwait, Bahrain, South Africa, Egypt, Nigeria, Kenya, and Rest of Middle East & Africa.

Based on the solution, the IT infrastructure has demonstrated significant market growth in 2022, playing a vital role in the Middle East & Africa's economy. It serves as a catalyst for various sectors, including manufacturing, telecommunications, and financial services. The local managed hosting service providers' adoption of ARM-based servers, along with the increasing demand from companies seeking high-performance computing solutions to replace outdated infrastructure, will drive substantial market growth in the foreseeable future. Businesses are continually seeking ways to enhance their IT systems, given the constant emergence of new technologies. The implementation of policies and procedures, such as those established by the Development Bank of Southern Africa (DBSA), for financing ICT infrastructure development, ensures efficient and sustainable project execution, fueling the growth of IT infrastructure in the Middle East & Africa.

Based on the end-user analysis, the Information Technology and Telecom sectors are poised to dominate the market in the forecast period. The sheer volume of data being processed and stored in these industries is remarkable. As a result of the increasing popularity of subscription services and mobile data, countries in the Middle East and Africa have witnessed a significant rise in the number of data centers. With the advent of 5G and Cloud technologies, the demand for data centers is expected to grow rapidly. Furthermore, infrastructural development plays a crucial role in promoting and supporting economic growth. Notably, major enterprises in the telecom and IT sectors have made substantial investments in the country, further fueling the demand for data centers in the Information Technology and Telecom industries.

 

Key market players in the Middle East & Africa Data Center Market include: 

  • Africa Data Centres (Cassava Technologies)
  • Equinix, Inc.
  • Open Access Data Centres (OADC)
  • Khazna Data Centers
  • Gulf Data Hub
  • Amazon Web Services (AWS)
  • Detasad (Detecon Al Saudia Co. Ltd.)
  • Teraco Data Environments (Pty) Ltd.
  • Future Digital Data Systems (FDDS)
  • Vantage Data Centers, LLC

 

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“The UAE stands as a dominant force in the Middle East & Africa Data Center Market, with countries like Saudi Arabia, South Africa, Bahrain, and Qatar offering lucrative investment opportunities for data center establishments. Factors such as government initiatives to promote power backup systems, increasing consumer awareness of data center solutions, and growing investments in the IT & telecom industry are expected to drive the data center market in the country. During the forecast period, a significant expansion in the concept of connected homes and cars is anticipated, along with the increased utilization of renewable energy and the presence of numerous cloud service providers driving the growth of cloud computing services. Mr. Karan Chechi, Research Director at TechSci Research, a research-based global management consulting firm, expressed confidence in the future growth of the Middle East & Africa Data Center market.

“Middle East & Africa Data Center Market  By Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure and Others), By Type (Corporate and Web Hosting), By End-User (Information Technology & Telecom, Government, BFSI, Healthcare and Others), By Country, Competition Forecast and Opportunities, 2028,” has assessed the Middle East & Africa Data Center Market's future development potential and provides data and information on market size, structure, and projected market growth. The report's goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, constraints, and opportunities in the Middle East & Africa Data Center market.

 

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Relevant Reports

Middle East & Africa Data Center Market By Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure and Others), By Type (Corporate and Web Hosting), By End-User (Information Technology & Telecom, Government, BFSI, Healthcare and Others), By Country, Competition Forecast & Opportunities 2028

ICT | Oct, 2023

The data center market in the Middle East & Africa is experiencing significant growth due to the rapid adoption of cloud services and digital transformation by companies. This trend is expected to continue driving growth in the forecast period from 2024 to 2028.

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