Oman Data Center Market to Reach Investment of $428 Million in 2028, 30 MW Power Capacity to be Added in the Next 6 Years - Arizton
CHICAGO, May 3, 2023 /PRNewswire/ -- According to Arizton's latest research report, the Oman data center market to grow at a CAGR of 9.6% during 2022-2028.
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Oman is an emerging data center market with steady implementation of digitalization, cloud-based services, 5G, big data, and AI. Cloud service providers such as Oracle, AWS, Microsoft, and Google operate in the country through local partners in Oman.
Oman has free trade zones and special economic zones, benefiting industrial and enterprise investments with tax incentives. The country has the presence of around 14 existing submarine cables connected to the data center markets in Europe, the Middle East, Africa, and Asia through submarine cable connectivity. Oman targets to generate around 30% of renewable energy by 2040.
Oman Data Center Market Report Scope
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Oman's data centers will likely receive over $100 million in core & shell development investment during 2023–2028. In the upcoming years, Oman will likely witness data center investments from major colocation services providers such as Gulf Data Hub and Equinix. The high adoption of cloud-based services is helping grow retail and wholesale colocation services in the region. The market is witnessing increased demand for colocation spaces across existing and upcoming data centers.
Due to the huge demand for data centers, government Bodies are migrating their data to colocation data center services. Some of them are renting rack space in third-party colocation services. Regarding connectivity, 2Africa, India Europe Xpress (IEX), Raman, and Singapore India Gateway (SING) Cable are major upcoming submarine cable projects in the country. China Mobile, Facebook, MTN Group, Orange, stc, Telecom Egypt, Vodafone, and WIOCC invest in the deployment of the 2Africa subsea cable, which is likely to be operational in 2023. Google, Omantel, and Telecom Italia Sparkle are developing the Raman subsea cable, which connects Oman with Jordan, Saudi Arabia, India, and Djibouti. In Oman, Oman Telecommunications Company (Omantel) launched 5G technology commercially in 2020. In addition, Vodafone, Ericsson, Nokia, and Ooredoo are witnessing investments in 5G deployment.
Why Should You Buy This Research?
The report includes the investment in the following areas:
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
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Table of Content
Chapter 1: Existing & Upcoming Third-Party Data Centers in Oman
Chapter 2: Investment Opportunities in Oman
Chapter 3: Data Center Colocation Market in Oman
Chapter 4: Market Dynamics
Chapter 5: Market Segmentation
Chapter 6: Tier Standard Investment
Chapter 7: Key Market Participants
Chapter 8: Appendix
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