GCC Data Center Market Surges: Rapid Growth and Innovation Drive Unprecedented Expansion in Digital Infrastructure

The GCC data center market refers to the growing industry within the Gulf Cooperation Council (GCC) region that involves the establishment, operation, and management of data centers. These centers are essential components of the digital infrastructure, providing storage, processing, and management of vast amounts of data for various purposes. With the accelerating pace of technological evolution in the GCC region, the data center market is poised to play a pivotal role in supporting the digital transformation initiatives of organizations across various sectors.

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Data Bridge Market Research analyses that the GCC Data Center Market is expected to reach the value of USD 6,608.33 million by 2029, at a CAGR of 23.3% during the forecast period from 2022 to 2029 from USD 1,237.04 million in the year 2021. The surge in digital transformation across industries propels a heightened demand for sophisticated data storage and processing capabilities. As organizations embrace digital technologies, the need for robust data infrastructure becomes pivotal, driving substantial growth in the data center market to accommodate the evolving requirements of a digitally-driven business landscape.

Key Findings of the Study

The increasing popularity of cloud-powered solutions is expected to drive the market's growth rate

The surge in reliance on cloud-based solutions propels the expansion of data center infrastructure. As businesses increasingly embrace cloud computing for storage, computing, and applications, the demand for robust data centers intensifies. These facilities play a pivotal role in providing the necessary resources and support for the seamless operation of cloud services. The scalability, flexibility, and accessibility offered by cloud solutions drive the growth of data center infrastructure, ensuring businesses meet evolving digital demands efficiently.

Report Scope and Market Segmentation

Segment Analysis:

The data center market is segmented on the basis of offerings, type, tier type, size, technology and end-user. 

• On the basis of offering, GCC data center market is segmented into solutions and services
• On the basis of type, GCC data center market is segmented into collocation data centers, enterprise data centers, cloud data centers and hyperscale data centers
• On the basis of tier type, GCC data center market is segmented into tier I, tier II, tier III and tier IV
• On the basis of size, GCC data center market is segmented into large data centers and small and medium data centers
• On the basis of technology, GCC data center market is segmented into edge computing, server virtualization, automation, artificial intelligence, machine learning and others
• On the basis of end-user, GCC data center market is segmented into IT and telecommunication, government and public sector, banking, financial services and insurance (BFSI), aerospace and defense, media and entertainment, manufacturing, retail and e-commerce, healthcare and life sciences and other

Major Players

Data Bridge Market Research recognizes the following companies as the major GCC data center market players in GCC data center market are AL-NABAA (Saudi Arabia), Equinix, Inc. (U.S.), FUTURE DIGITAL DATA SYSTEMS (UAE), Khazna (UAE), GIGA-BYTE Technology Co., Ltd. (Taiwan), eHosting DataFort (UAE), Qualcomm Technologies, Inc. (U.S.), Advanced Micro Devices, Inc. (U.S.)

Market Developments

• In October 2023, Mohamed bin Ali bin Mohamed Al-Mannai, Qatar's Minister of Communications and Information Technology, inaugurated the fourth building of M-VAULT 4, a cutting-edge data center. This facility enables Qatari customers to leverage Microsoft Cloud services, as it hosts the Microsoft Cloud data center region. The launch marks a significant step in advancing the country's digital infrastructure, providing enhanced access to cloud services and fostering technological growth in Qatar
• In October 2022, Khazna, in collaboration with G42 and e&, revealed plans for the development of DXB2 and DXB3 data centers, boasting a combined IT load capacity of 43 MW. The expansion includes the creation of the DXB3 facility, an extension of an existing infrastructure transferred to Khazna as part of the strategic partnership between G42 and e&. This initiative signifies a substantial step toward enhancing data center capabilities and meeting the increasing demand for digital infrastructure in the region
• In June 2022, Schneider Electric unveiled groundbreaking research focused on revolutionizing IT infrastructures for net-zero operations in the data center and IT industry. This initiative aims to identify and address the action gap within data centers, leading to innovative solutions that enhance overall efficiency. By proactively tackling challenges and introducing cutting-edge advancements, Schneider Electric is positioned to play a key role in closing existing gaps and advancing sustainability within the data center landscape
• In December 2021, Equinix, Inc. unveiled a strategic, multi-year partnership with Nasdaq, Inc., signaling a significant move to enhance its data center capacity. This collaboration not only fortifies Equinix's market standing but also instills confidence among potential clients through its association with Nasdaq, a highly regarded company. By scaling data center usage and leveraging Nasdaq's expertise, Equinix aims to solidify its position in the market and attract new customers, showcasing a commitment to excellence and reliability in the digital infrastructure space

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