Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the data center market provides in-depth analysis of segments and sub-segments in the GCC as well as the regional data center market. The study also highlights the impact of drivers, restraints, and macro indicators on the GCC and regional data center market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the GCC data center market. According to the report, the GCC data center market is projected to grow at a healthy CAGR over the forecast period of 2021-2027.
Organizations use data centers for housing their critical data and applications. The design of a data center is designed around the storage resources and computing network through which the shared data and applications are delivered. A data center consists of various components such as cooling systems, uninterruptible power supplies (UPS), Power subsystems, storage systems, routers, switches, and others. The concept and design of data centers change constantly according to the evolving computing network and requirements of the organizations. Currently, all modern-day data center design and infrastructure follow ANSI/TIA-942 standards. ANSI/TIA-942 certification is given for 4 different categories of data center and these include Tier 1, Tier 2, Tier 3, and Tier 4 data center infrastructure. In recent years new data centers have been rapidly established in GCC countries to cater to the growing need of end-user industries.
Cloud Computing is rapidly growing in GCC countries. Cloud Computing leads to robust security of data and applications, cost savings, speed and productivity in delivering services, and rapid scalability. Thus, businesses operating in the region are increasingly adopting cloud computing in the GCC region. Further, the focus on digitization and virtualization of business processes by organizations is aiding the growth of cloud computing. This factor is majorly driving the market. The growing internet traffic and usage are further aiding the growth of the market. An increasing number of businesses are getting connected via internet, most of their business processes are shifting online. Also, internet usage is growing in the GCC region. Thus, telecommunication service providers are compelled to upgrade their data centers. The only factor restraining the growth of the market is the high cost of technology and energy usage of the data centers. New opportunities are expected to arise as new technological innovations are happening in data storage devices.
Saudi Arabia is expected to be the largest market of data centers in the GCC region and held the largest revenue share in 2020. The major factors responsible are the stringent data protection regulations of the government adopted in 2021. The newly adopted laws have proven beneficial for the market in Saudi Arabia. The IT and Telecommunication industry in Saudi Arabia is rapidly growing. Thus, to accommodate the growing need of the IT and telecommunications industry, data centers are being upgraded at a rapid pace and also new ones are built.
The report on the GCC data center market covers segments such as type, construction, it infrastructure, services, and end user. On the basis of type, the sub-markets include mega/ hyperscale data centers, colocation data centers, cloud data centers, enterprise data centers, managed services data centers, and other types. On the basis of construction, the sub-markets include newly built data centers, and rebuilt data centers. On the basis of IT infrastructure, the sub-markets include network, server, and storage. On the basis of services, the sub-markets include consulting, and integration. On the basis of end user, the sub-markets include it and telecommunication, healthcare, oil and gas, government, and others.
The report provides profiles of the companies in the market such as IBM Corporation, Equinix, Inc., Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Amazon Web Services, Inc., Bios Middle East, Mobily, Atos SE, Emirates Telecommunication Group Company PJSC, and Khazna.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of data center market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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