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Middle East & Africa Data Center Market Outlook & Investment Analysis 2021-2026 with Smart City Initiatives Fueling Data Center DeploymentsDUBLIN, Oct. 4, 2021 /PRNewswire/ -- The "Middle East & Africa Data Center Market - Industry Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The Middle East & Africa data center market by investment is expected to grow at a CAGR of 10.38% during the period 2021-2026. In the Middle East & Africa, growing internet penetration, social media usage, and smart initiatives will continue to drive the market over the next few years. Africa is an emerging data center market, and it witnessed around 15 data center investments in 2020. The region is experiencing growth in internet penetration, which can be a major driver for data center investors. The growth in the adoption of IoT and big data analytics services will result in the rapid growth of data center development in the Middle East & Africa data center market. The market is evolving, and investments are expected to rise significantly with contributions from local and global data center operators. The Middle Eastern region witnessed investments from telecommunication service providers as well as global colocation operators. A major advantage in the Middle Eastern & Africa market is the low power cost. In 2020, the Middle Eastern market attracted investments from Akbank, Datamount, Equinix, Etisalat, Global Data Center, Gulf Data Hub, Khazna, Meeza, Ooredoo, and Turkcell. GEOGRAPHIC ANALYSIS The UAE is one of the preferred data center investment locations in the Middle East, attracting investments in around four colocation data center facilities in 2020. Some telecom providers such as Etisalat and Emirates Integrated Telecommunications Company (EITC) also invested in the region. The rapid investment in 5G technology and its deployment led to the generation of a substantial amount of data, further increasing investments in data centers across the region. Submarine cable deployments in the UAE will boost connectivity in the country. VENDOR ANALYSIS The Middle East & Africa market is witnessing a massive increase in data usage by consumers using services offered by companies in the e-commerce, social media, and entertainment industries. Global cloud service providers such as Amazon Web Services (AWS), Microsoft, and Huawei Technologies are setting up cloud regions in Africa. Owing to the growing construction of hyperscale facilities, revenue opportunities for construction contracors are high as several data centers are spread over a hundred thousand square feet of area. In terms of security, multiple vendors are working in a specific region and global vendors with strong partnerships with existing developers. In terms of electrical infrastructure, the market in the Middle East & Africa witnessed increasing competition amongst the power infrastructure providers. MARKET SEGMENTS AND SHARE
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For more information about this report visit https://www.researchandmarkets.com/r/pmx2hh Media Contact: Research and Markets View original content:https://www.prnewswire.com/news-releases/middle-east--africa-data-center-market-outlook--investment-analysis-2021-2026-with-smart-city-initiatives-fueling-data-center-deployments-301391949.html SOURCE Research and Markets |