Middle East Data Center Market (2021-2027)
Market Forecast By Types (Enterprise Data Center, Managed Data Center, Cloud Data Center, Colocation Data Center), By Infrastructure Types (Tier I, Tier II, Tier III, Tier IV), By Applications (BFSI, Telecom & IT, Government, Healthcare, Others (Hospitality, Retail)), By Countries (Saudi Arabia, Oman, United Arab Emirates, Bahrain, Qatar, Kuwait, Iraq, Rest Of Middle East (Lebanon, Egypt, Iran, Yemen)) And Competitive Landscape
According to 6Wresearch, Middle East Data Center Market size is projected to grow at CAGR of 12.4% during 2021-27. The market is likely to experience a rapid growth in the forecast period on account of increased investment in IoT, big data analytics, artificial intelligence combined with deployment of 5G technology by enterprises across the Middle Eastern region. Further, cloud services are being embraced by businesses in a variety of industries, including banking, financial services, insurance, IT & telecommunications, energy & utilities, media & entertainment, and manufacturing, which is boosting the data center market. Adoption of these technologies would lead to increase in data volume and network bandwidth requirements, thereby resulting in growing demand for data center market in the forecast period
Middle East data center market grew significantly during the period of 2017-2019 on account of government initiatives in the region to digitally transform their respective countries such as Saudi Vision 2030, Digital UAE, Digital Oman 2030 and many more. Further, social distancing norms implemented in the Middle East due to Covid-19 pandemic acted as a catalyst in the growth of tele healthcare, e-learning, e-commerce, remote working, and e-governance platforms
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Market Analysis by Infrastructure
Within infrastructure types, tier I, Tier II and Tier III data center gained a cumulative market share of around 70% in the overall market revenues in 2020.
Key Highlights of the Report
Middle East Data Center Market Overview
Middle East Data Center Market Trends and Industry Life Cycle
Middle East Data Center Market Outlook
Middle East Data Center Market Forecast
Market Opportunity Assessment
Middle East Data Center Market Share, By Company
Competitive Benchmarking
Company Profiles
Key Strategic Recommendations
Market Drivers and Restraints
Porter’s Five Force Analysis
Historical Data and Forecast of Middle East Data Center Market Revenues for the Period 2017-2027F
Historical Data and Forecast of Revenues, By Types, Infrastructure Type, Applications, and Countries for the Period 2017-2027F
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