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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