GCC Data Center Market Share Report 2023-2028

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GCC Data Center Market Research Report:

According to the latest report by IMARC Group, titled “ GCC Data Center Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the GCC data center market reached a strong growth in 2022.

A data center refers to a centralized facility that is utilized by organizations for retrieving, storing, and processing physical and virtual data. It primarily consists of power distribution units, switches, servers, chips, and firewalls. The infrastructure also includes external networking and communication systems, external and backup power systems, cabling systems, environmental controls, and security systems. A data center is available in various sizes, ranging from small rooms to huge multi-warehouse complexes. The IT activities of an organization revolve around its data center. It serves as a central location for many business-critical systems, processing, and user distribution of the majority of corporate data. A data center is beneficial for processing Big Data, powering Machine Learning, and Artificial Intelligence since it is intended to manage massive amounts of data and traffic with minimal latency. As a result, it is widely used across several verticals, such as manufacturing, transportation, retail, government, information technology (IT) and telecommunication, banking, financial services, and insurance (BFSI), energy, healthcare, etc.

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GCC Data Center Market Trends :

The expanding information technology (IT) sector and the increasing penetration of hybrid- and multi-cloud architecture solutions are primarily driving the GCC data center market. In addition to this, the escalating demand for automated solutions and reduced latency in data transfers amid the rising popularity of smart devices is further creating a positive outlook for the regional market. Moreover, the growing volumes of data from over-the-top (OTT) services and social media platforms have generated an inflating need for reliable data centers, which, in turn, is also propelling the market growth. Besides this, major oil companies in the GCC region are integrating smart technology, such as control systems and sensors, and implementing Big Data and analytics technologies in their oilfields. This, in turn, is further bolstering the regional market. Additionally, the increasing emphasis on the construction of green data centers is acting as another significant growth-inducing factor. Green data centers utilize low-emission building materials that assist in creating sustainable ecosystems and ensure efficient waste recycling. Furthermore, the emerging popularity of solution delivery models such as built-to-suit and pay-per-use is also augmenting the market growth. Apart from this, several countries in the GCC region have successfully established comprehensive cloud computing frameworks that regulate issues pertaining to data utilization, data gathering, and data sharing, which, in turn, is further positively influencing the regional market. Numerous other factors, including the widespread adoption of network upgrades to support 5G, increased government support for the digital economy, migration from onpremise infrastructure to colocation and managed services, etc., are expected to drive the GCC data center market in the coming years.

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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Market Summary: Country Insights

• Saudi Arabia

• UAE

• Qatar

• Oman

• Kuwait

• Bahrain

Application Insights

• Banking Financial Services & Insurance (BFSI)

• Government

• IT and Telecom

• Media

• Retail

• Manufacturing

• Others

Type Insights

Report Description Report Description and Highlights

• Enterprise Data Centers

• Colocation Data Centers

• Edge Data Centers

• Hyperscale Data Centers

Component Insights

• Hardware

• Software

• Service

Size Insights

• Small Data Center

• Mid-Size Data Center

• Large Data Center

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