Saudi Arabia Data Center Market Size by Investment to Reach USD 1,180 Million by 2026 - Arizton
CHICAGO, Sept. 7, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Saudi Arabia data center market report.
Saudi Arabia data center market size is expected to grow at a CAGR of over 7.85% during the period 2020-2026. Saudi Arabia data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues. Get insights on 19 Existing data centers and 8 upcoming facilities spread across 7 cities, including Riyadh, Jeddah, and other cities.
Key Highlights Offered in the Report:
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Saudi Arabia Data Center Market – Segmentation
Market Segmentation by IT Infrastructure
Market Segmentation by Electrical Infrastructure
Market Segmentation by Mechanical Infrastructure
Market Segmentation by General Construction
Market Segmentation by Tier Standard
Market Segmentation by Geography
Saudi Arabia Data Center Market – Dynamics
The revenue from the public cloud market expects over USD 850 million in 2021, which is likely to reach over USD 2.5 billion by 2026, with the SaaS segment emerging as the leading revenue generator and accounting for over USD 340 million in 2021. Scope Technologies, DesertClouds, Waja Media Solutions, Alfuzail, and BrighteningTech are some of the local cloud service providers in Saudi Arabia.
Global cloud providers such as IBM, SAP, Amazon Web Services, and Microsoft Azure have a strong presence in the Saudi Arabia market. For instance, Oracle opened a new cloud data center in Jeddah in 2020 that is available in the Oracle Cloud Console. In December 2020, Google, a cloud service provider, announced a partnership with Aramco to build a cloud region in Saudi Arabia and offer cloud services to customers that are currently under development.
Key Drivers and Trends fueling Market Growth:
Saudi Arabia Data Center Market - Existing Vs. Upcoming Data Centers
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Key Market Participants:
IT Infrastructure Providers
Construction Constructors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
Explore our data center knowledge base profile to know more about the industry.
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