Dublin, May 22, 2024 (GLOBE NEWSWIRE) -- The "GCC Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.
The GCC data center market by investments is expected to reach $7.23 billion by 2029 from $4.05 billion in 2023, growing at a CAGR of 10.14%
This report analyses the GCC data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.
Some of the major data center providers in the GCC data center market include Gulf Data Hub, Equinix, Khazna Data Centers, center3 (stc), Ooredoo, MEEZA, Mobily, Moro Hub, Oman Data Park, TONOMUS (ZeroPoint DC), and others. Investors such as Edgnex Data Centres by DAMAC, Agility, and Quantum Switch Tamasuk (QST) are new entrants in the GCC data center market. Leading data center providers use green fuels such as biogas and biofuels for renewable energy. In October 2023, Khazna Data Centres are adopting biofuel for their UAE facilities.
The GCC country governments announced various projects, including the Dubai Metaverse Strategy, the UAE Digital Government Strategy, the Cloud-First Policy, Kuwait's Renewable Energy Policy, the Personal Data Protection Law (PDPL), and others, to accomplish the market's digitization, security, and adoption of renewable energy.
The internet-using population and internet penetration rates across the GCC region have risen, especially in the past few years. Saudi Arabia leads that list, followed by the UAE, Kuwait, Qatar, and other countries.
GCC has developed strategies to achieve significant results by generating power from renewable sources in the coming years. For instance, the UAE has committed over USD 160 billion to renewable energy projects as a part of its ambition to reach net-zero emissions by 2050.
Smart cities are rising in the GCC region, with the UAE and Saudi Arabia leading. UAE's Dubai and Abu Dhabi are among the world's smartest cities, with a global smart city index ranking of 17 and 13, respectively. They have several existing and upcoming smart city initiatives. The NEOM is one of the world's highly anticipated smart cities that will cost Saudi Arabia about USD 500 billion and is set to take the world by storm when it becomes operational by 2025.
The UAE and Saudi Arabia lead on this front, using AI to control the power grid and distribution. It is also helping operators identify the best time to generate, store, and use the energy produced. This gives them the added benefit of handling power generation and supply remotely.
Governments of the GCC countries have taken initiatives to educate people and upgrade their skills for data center operations. For instance, Amazon Web Services (AWS) has collaborated with Kuwaiti government organizations to provide cloud computing training and certification programs to aid workforce development.
WHY SHOULD YOU BUY THIS RESEARCH?
- 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:
- I. Facilities Covered (Existing): 79
- II. Facilities Identified (Upcoming): 73
- III. Coverage: 6 Countries
- IV. Existing vs. Upcoming (Area)
- V. 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.
- Provide a 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.
KEY QUESTIONS ANSWERED
- What is the growth rate of the GCC data center market?
- How big is the GCC data center market?
- How many data centers are there in GCC?
- What are the driving factors in the GCC data center market?
- Who will be the key investors in the GCC data center market in 2023?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 199 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $4.05 Billion |
| Forecasted Market Value (USD) by 2029 | $7.23 Billion |
| Compound Annual Growth Rate | 10.1% |
| Regions Covered | Middle East |
VENDOR LANDSCAPE
IT Infrastructure Providers
- Arista Networks
- Atos
- Broadcom
- Cisco Systems
- Dell Technologies
- Fujitsu
- Hewlett Packard Enterprise
- Hitachi Vantara
- Huawei Technologies
- IBM
- Inspur
- Juniper Networks
- Lenovo
- NetApp
- Oracle
Data Center Construction Contractors & Sub-Contractors
- AECOM
- AESG
- Al-Balagh
- Aldar Properties
- ALEC Data Center Solutions
- Al-Latifia Trading and Contracting
- Arcadis
- Arup
- Ashi & Bushnag
- ASU
- Atkins
- Black & White
- Capitoline
- Condor Group
- Core Emirates
- Critical Facilities Consulting & Services
- Dar Group
- DC PRO Engineering
- Direct Services
- Edarat Group
- EGEC
- Egis
- Galfar Al Misnad Engineering and Contracting
- Group AMANA
- HATCO
- HHM Building Contracting, Harinsa Qatar (HQ)
- Hill International
- ICS Nett
- INT'LTEC Group
- JAMED
- James L. Williams (JLW)
- John Paul Construction
- Laing O'Rourke
- Laith Electra Mechanical
- Linesight
- M+W Group (Exyte)
- Mace
- Marafie Group
- McLaren Construction Group
- Middle East Modern Architecture (MEMA)
- Meinhardt Group
- MIS
- Qatar Site & Power
- Raghav Contracting
- RED Engineering
- Rider Levett Bucknall
- RW Armstrong
- SANA Creative Systems (SANA Controls)
- Site & Power DK (Midis Group)
- STS Group
- Sudlows Consulting
- Telal Engineering & Contracting
- Turner & Townsend
- UBIK
Support Infrastructure Providers
- ABB
- Airedale
- Alfa Laval
- Canovate
- Caterpillar
- Cummins
- Delta Electronics
- Eaton
- Enrogen
- Envicool
- Grundfos
- HITEC Power Protection
- Honeywell International
- Johnson Controls
- Legrand
- Mitsubishi Electric
- Rittal
- Rolls-Royce
- Schneider Electric
- Siemens
- STULZ
- Vertiv
Data Center Investors
- Amazon Web Services (AWS)
- Batelco (Bahrain Telecommunications Company)
- center3 (stc)
- Equinix
- Gulf Data Hub
- Khazna Data Centers
- Microsoft
- MEEZA
- Mobily
- Moro Hub
- Oman Data Park
- Ooredoo
- TONOMUS (ZeroPoint DC)
New Entrants
- Agility
- Edgnex Data Centres by DAMAC
- Quantum Switch
EXISTING VS. UPCOMING DATA CENTERS
Existing Facilities in the Region (Area and Power Capacity)
- UAE
- Saudi Arabia
- Bahrain
- Oman
- Kuwait
- Qatar
List of Upcoming Facilities in the Region (Area and Power Capacity)
REPORT COVERAGE
IT Infrastructure
- Servers
- Storage Systems
- Network Infrastructure
Electrical Infrastructure
- UPS Systems
- Generators
- Transfer Switches & Switchgear
- PDUs
- Other Electrical Infrastructure
Mechanical Infrastructure
- Cooling Systems
- Racks
- Other Mechanical Infrastructure
Cooling Systems
- CRAC and CRAH Units
- Chillers Units
- Cooling Towers, Condensers, and Dry Coolers
- Other Cooling Units
General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Engineering & Building Design
- Fire Detection & Suppression
- Physical Security
- Data Center Infrastructure Management (DCIM)
Tier Standard
- Tier I & Tier II
- Tier III
- Tier IV
Geography
- UAE
- Saudi Arabia
- Bahrain
- Oman
- Kuwait
- Qatar
For more information about this report visit https://www.researchandmarkets.com/r/pt2j1u
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