The GCC Data Center Market Investment to Reach $7.22 Billion by 2029 - Get Insights on 79 Existing Data Centers and 73 Upcoming Facilities Across the GCC - Arizton
CHICAGO, April 30, 2024 /PRNewswire/ -- According to Arizton's latest research report, the GCC data center market is growing at a CAGR of 10.14% during 2023-2029.
The GCC data center market is emerging as one of the world's most prominent data center markets, with many global data center investments. Rise in advanced technology such as AI, 5G technology, digitalization, expanding undersea cable connectivity, adoption of sophisticated technology, formation of free trade zones, government plans, and other factors creating market expansion. The presence of global cloud providers, such as AWS, Oracle, and Google Cloud, will also drive data center investments. In February 2023, Microsoft planned to launch an Azure cloud region in Saudi Arabia, expected to drive cloud adoption in the GCC region. A high internet penetration rate and increase in social media use will generate considerable data in the region, thereby increasing demand for data centers.
Key Highlights
The UAE and Saudi Arabia have emerged as market leaders of the region, equipped with sophisticated technology, cutting-edge safety/control systems, and a dominant market share. Kuwait, Qatar, Bahrain, and Oman are also on the way to emerge as leaders in these fields, with developments happening gradually.
The GCC data center market is on a solid growth trajectory, and the market's investments are growing significantly from existing operators and new entrants. In 2023, investments in the market contributed to over 30% of share out of the total investments in the Middle East.
Investment Opportunities in the GCC Data Center Market
In September 2023, Microsoft and G42 announced its plans to jointly offer sovereign cloud services in the UAE and expand the tech giant's existing data center infrastructure.
In October 2023, the UAE-based technology company G42 merged its subsidiaries, namely Inception, G42 Cloud, and Injazat, to form Core42, a new potential AI and data services powerhouse.
In 2022, Equinix is developing a new data center facility, SN1, in Salalah, with an investment of around $14 million and will house 125 rack cabinets. The facility is likely to become operational by Q4 2024.
Gulf Data Hub is one of the leading operators with big plans for the GCC countries. The company is developing over 45 data center facilities across the UAE, Saudi Arabia, Bahrain, Kuwait, Qatar, and Oman. The company plans to develop 20 data center facilities in Riyadh, Jeddah, and Dammam in Saudi Arabia.
Market size is available regarding investment, area, and power capacity.
Study of the macroeconomic and microeconomic factors across the GCC region.
An assessment of the data center investment in the GCC region by the data center operators.
Investments in the area (square feet) and power capacity (MW) across locations in the GCC region.
A detailed study of the existing GCC data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.
Snapshot of existing and upcoming third-party data center facilities in the GCC
Facilities Covered (Existing): 79
Facilities Identified (Upcoming): 73
Coverage: 6 Countries
Existing vs. Upcoming (Area)
Existing vs. Upcoming (IT Load Capacity)
The GCC data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.
A transparent research methodology and the analysis of the demand and supply aspects of the market.
Vendors
Prominent Data Center IT Infrastructure Providers
Arista Networks
Atos
Broadcom
Cisco Systems
Dell Technologies
Hewlett Packard Enterprise (HPE)
Huawei Technologies
IBM
Lenovo
NetApp
Prominent Support Infrastructure Providers
4Energy
ABB
Airedale
Canovate
Caterpillar
Cummins
Delta Electronics
EAE Group
Eaton
Envicool
HITEC Power Protection
Johnson Controls
Legrand
Rittal
Rolls-Royce
Schneider Electric
Siemens
STULZ
Vertiv
Prominent Data Center Construction Constructors
AECOM
AlDar Properties
Anel Group
Arup
Ashi & Bushnag
Atkins
Advanced Vision Morocco
ARSMAGNA
Dar Group
DC Pro Engineering
Deerns
Edarat
EGEC
ENMAR ENGINEERING
Harinsa Qatar
HATCO
HHM Building Contracting
Hill International
ICS Nett
INT'LTEC
ISG
LAING O'ROURKE
Linesight
M+W Group (Exyte)
Mace
Mercury Engineering
McLaren Construction Group
MIS
NDA Group
Orascom Construction
Prota Engineering
Qatar Site & Power
RED Engineering
RW Armstrong
Shaker Group
Sterling and Wilson
Summit Technology Solutions
Sudlows
Telal Engineering & Contracting
Turner & Townsend
United Egypt
Prominent Data Center Investors
Africa Data Centres
Adgar Investments and Development
Amazon Web Services
Batelco
Bynet Data Communications
Equinix
EdgeConneX
Future Digital Data Systems
Gulf Data Hub
Google
Khazna Data Centers
Moro Hub
MedOne
MEEZA
Mobily
Microsoft
Oman Data Park
Ooredoo
stc
Serverfarm
Turkcell
Türk Telekom
Telecom Egypt
Tencent
New Entrants
Compass Datacenters
Digital Realty
EDGNEX
Global Technical Realty
Infinity
Quantum Switch
ZeroPoint DC (NEOM)
The Report Includes the Investment in the Following Areas:
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