Middle East Data Center Colocation Market Outlook Report 2023

By Author: Ollie
Total Articles: 28
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The "Middle East Data Center Colocation Market - Industry Outlook & Forecast 2023-2028" report has been introduced to ResearchAndMarkets.com's offerings.

The Middle East data center colocation market is projected to achieve a value of $2.14 billion by 2028, up from $1.44 billion in 2022, with a Compound Annual Growth Rate (CAGR) of 6.83% from 2022-2028.

The UAE and Saudi Arabia play a significant role in the Middle East data center colocation market, contributing approximately 35% and 23% of the region's capacity. The market in these countries is anticipated to experience substantial growth in the next four to five years, attributed to the region's shift from an oil-based economy to a digital one. Ongoing investments in colocation data centers are driven by factors such as cloud-based services, smart city developments, and enhanced fiber connectivity across the region.

Key players in the Middle East data center colocation market include Khazna Data Centers, Gulf Data Hub, MEEZA, Moro Hub, stc, Turkcell, and Oman Data Park. These providers are actively shaping the industry, with Khazna Data Centers and ...
... Gulf Data Hub leading the way by developing more than 15 data center facilities spanning the UAE, Saudi Arabia, Oman, Kuwait, Qatar, and Bahrain, all set to become operational within the forecast period.

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