MENA Data Center Market: Current Analysis and Forecast (2023-2030)
Emphasis on Type (Corporate Data Center and Web Hosting Data Center); and End-Use Industry (BFSI, Healthcare, Telecom & IT, Government, and Others); Country
The MENA Data Center Market was valued at 3 billion in 2022 and is expected to grow at a steady rate of around 13.5% in the forecasted period (2023-2030). The MENA region is an emerging market for data centers, with countries like the United Arab Emirates (UAE), Saudi Arabia, Qatar, and Egypt leading the way in terms of infrastructure development. These countries have been investing heavily in building state-of-the-art data centers to cater to the growing demand from various industries, including finance, telecommunications, healthcare, and government sectors. The MENA Data Center market offers a wide range of services, including colocation, hosting, cloud services, disaster recovery, and managed services. With the increasing volume of data generated by businesses and individuals, data centers play a crucial role in ensuring the availability, security, and scalability of digital infrastructure. Key drivers for the MENA Data Center market include the rising adoption of digital transformation initiatives, government policies promoting investments in the ICT sector, and the growing demand for data storage and management from sectors like e-commerce, banking, and healthcare.
Some of the major players operating in the market include ABB, Cisco System, Inc., Comarch SA, Dell Technologies, Hitachi Ltd, HPE, Huawei Technologies Co., Ltd., IBM Corporation, NTT Communications, and Schneider Electric.
Insights Presented in the Report
“Amongst type, the Corporate Data Center segment to hold a dominant share of the market in 2022”
On the basis of Type, the market is segmented into Corporate Data Center and Web Hosting Data Center. Corporate Data Centers are specifically designed and utilized by large enterprises to store and process their critical business data, applications, and services. These data centers are generally owned and operated by the companies themselves, providing them with full control over their IT infrastructure. On the other hand, Web Hosting Data Centers primarily cater to businesses that require hosting services for their online applications, websites, and e-commerce platforms. These data centers offer shared hosting, dedicated hosting, or cloud hosting options to clients, ensuring their online presence remains accessible and scalable.
“Amongst end-use industry, the telecom & IT category to hold a dominant share of the market in 2022”
On the basis of the End-use industry, the market is segmented into BFSI, Healthcare, Telecom & IT, Government, and Others. The telecom & IT sector led the MENA data center market in 2022. The Telecom and IT sector covers a wide range of services including telecommunications, internet service providers, software development, cloud computing, and more. Data centers play a crucial role in supporting the infrastructure, storage, and networking requirements of these industries, ensuring efficient and reliable communication networks and data storage.
“Saudi Arabia to grow with high CAGR during the forecast period.”
Saudi Arabia’s Data Center market is rapidly growing and diversifying. Major international data center providers, including companies like Equinix, Digital Realty, and ST Telemedia Global Data Centres, have established a presence in Saudi Arabia to capitalize on the growing market. Moreover, local companies like Saudi Telecom Company (STC) and Mobily are also investing in expanding their data center capacities. Saudi Arabia is geographically well-positioned as a gateway between Europe, Asia, and Africa, making it an ideal location for serving as a regional data hub. The country’s stable political environment and robust infrastructure also contribute to its appeal for data center investments.
MENA Data Center Market Report Coverage
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The MENA Data Center market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the MENA Data Center Market Analysis (2023-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the MENA Data Center market were the three major steps undertaken to create and analyze the adoption of MENA Data Center in major countries. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the MENA Data Center market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the MENA Data Center market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the MENA Data Center market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as type and end-use industry. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the MENA Data Center market. Further, we conducted factor analysis using dependent and independent variables such as type and end-use industry of the MENA Data Center market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the MENA Data Center market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the MENA Data Center market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the MENA Data Center market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the MENA Data Center market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Key Stakeholders of Data Center Market in the MENA Region
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the MENA Data Center market. The data was split into several segments & sub-segments post studying various parameters and trends in the areas of the type and end-use industry of the MENA Data Center market.
The main objective of the MENA Data Center Market Study
The current & future market trends of the MENA Data Center market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional and country level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the MENA Data Center market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of the type and end-use industry
- Define and analysis of the regulatory framework for the MENA Data Center industry
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
- Analyze the current and forecast market size of the MENA Data Center market for the major region
- Major countries of regions studied in the report include Saudi Arabia, UAE, Egypt, Iran, and the Rest of MENA
- Company profiles of the MENA Data Center market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the current market size and growth potential of the MENA Data Center Market?
Q2: What are the driving factors for the growth of the MENA Data Center Market?
Q3: Which segment has the largest share of the MENA Data Center Market by Type?
Q4: Which country will dominate the MENA Data Center Market?
Q5: Who are the key players operating in the MENA Data Center Market?
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