TMCnet News
Middle East Data Center Market Size to Reach Revenues of over USD 4 Billion by 2026 - AriztonCHICAGO, April 7, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Middle East data center market report. The Middle East data center market is expected to grow at a CAGR of around 7% during the period 2020-2026. Key Highlights Offered in the Report: 1. Increasing internet penetration and adoption of cloud and managed services due to COVID-19 has significantly driven the demand for data centers in the Middle East 2. Commercial deployment of 5G will kick off in Saudi Arabia, the UAE, Bahrain, Qatar, Kuwait, and Oman by 2023, is anticipated to be deployed by Jordan, Egypt, Lebanon, Morocco, Palestine, Turkey, and Iran. 3. The Middle East is increasingly becoming a hotspot for investment in renewable energy owing to the abundance of solar energy available in the region and is emerging leader in microgrid capacity. 4. The Saudi Authority for Data and Artificial Intelligence (SDAIA) has signed MoUs with IBM, Huawei, and Alibaba under The Kingdom of Saudi Arabia's Vision 2030 which includes building smart cities. 5. There are an increasing number of modular data center facilities being built in the Middle East and can handle systems with a higher rack density. Key Offerings:
Get your sample today! https://www.arizton.com/market-reports/middle-east-data-center-market-size-analysis Middle East Data Center Market – Segmentation
Middle East Data Center Market by Electrical Infrastructure
Middle East Data Center Market by Mechanical Infrastructure
Middle East Data Center Market by Cooling Technique
Middle East Data Center Market by General Construction
Middle East Data Center Market by Tier Standards
Middle East Data Center Market – Dynamics Investments in submarine cables have increased considerably over the years, with governments and enterprises continuously strengthening their fiber infrastructure for better connectivity with other countries. Many telecommunication providers and hyperscale data center operators are investing in cables to improve network connectivity with the Middle East. The rise in investment in submarine cables is also likely to attract more data center investments in the region. The adoption of technologies such as cloud, big data, and IoT has strengthened the need for strong fixed broadband connectivity over the last five years. The Middle Eastern region witnessed an increase in the deployment of submarine cables by major telecom and data center operators in the region. Government entities are also bringing in foreign direct investments (FDI) from data center service providers by strengthening their internet connectivity as it is one of the major data center site selection criteria. Key Drivers and Trends fueling Market Growth:
Middle East Data Center Market – Geography The rising adoption of cloud-based services is leading to the growth of retail and wholesale colocation services in the region. The market is witnessing an increase in the demand for colocation spaces across existing and upcoming data centers. Some of the leading cloud service providers such as Oracle, Alibaba Cloud, Microsoft Azure, and IBM have a presence in the country. The country is expected to spend more than $5.3 billion on IT enterprises, which will be one of the factors leading to the development of more data center facilities across the country. The rapid investment in 5G technology and its deployment is leading to the generation of a substantial amount of data, further increasing investments in data centers. Some of the telecommunication companies working towards or having already deployed 5G in the region include Etisalat, Atlas, Sirius Telecom, Emirates Integrated Telecommunications Company (EITC), and ECS Global Wire & Cable. Get your sample today! https://www.arizton.com/market-reports/middle-east-data-center-market-size-analysis Middle East Data Center Market by Geography
Key Data Center Critical (IT) Infrastructure Providers
Key Data Center Contractors
Key Data Center Investors
Explore our data center knowledge base profile to know more about the industry. Read some of the top-selling reports:
About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected] Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg |