The GCC Data Center Market is projected to increase from USD 3.48 billion in 2024 to USD 9.49 billion by 2030, reflecting a CAGR of 18.2%. Major players and new entrants are driving this growth, supported by global cloud giants. Saudi Arabia and the UAE are enhancing their digital infrastructure through strategic initiatives, with notable innovations anticipated at LEAP Riyadh 2025.
The GCC Data Center Market is poised for remarkable growth, expanding from an estimated USD 3.48 billion in 2024 to USD 9.49 billion by 2030, reflecting a compound annual growth rate (CAGR) of 18.2%. This growth is primarily driven by substantial investments from leading data center operators such as Equinix, Gulf Data Hub, and Khazna Data Centers, alongside new entrants like Agility and DataVolt who are entering the market.
Major global cloud providers, including Google, Amazon Web Services, and Microsoft, are also investing heavily in the region, establishing dedicated cloud regions and data centers in cities like Dubai, Abu Dhabi, Riyadh, and Doha. Notably, Khazna Data Centers announced plans in October 2024 for a new AI-optimized facility in Ajman, featuring 20 data halls, with expected operations commencing in 2026.
The UAE and Saudi Arabia are at the forefront of this transformation, implementing strict data protection regulations and bolstering digital infrastructure as part of their national visions. Saudi Arabia’s Vision 2030 initiative specifically aims to enhance the Kingdom’s position in the digital economy by fostering a tech-savvy environment and attracting international investment.
Anticipation surrounds the LEAP Riyadh 2025 event, which is intended to further innovate and enhance Saudi Arabia’s technological landscape. This initiative promises considerable investment and collaboration within the data center market, potentially positioning the Kingdom as a pivotal player in global technology developments.
The report covers extensive details regarding the existing and upcoming data centers across the GCC, including size, investment landscapes, and technological infrastructure. Specific focus is given to the growth patterns of IT infrastructure, electrical and mechanical systems, and construction services.
Furthermore, the vendor landscape is comprehensively outlined, identifying key IT infrastructure providers, construction contractors, and data center investors, including industry leaders like Oracle and Dell Technologies. The detailed market analysis and insightful forecasts provide a robust overview of the GCC data center ecosystem as it evolves toward 2030.
The GCC data center market is set for significant expansion, driven by considerable investments from both established operators and emerging players, along with a robust backing from global cloud providers. Saudi Arabia and the UAE, through strategic initiatives and regulatory frameworks, are enhancing their digital infrastructure, making the region a focal point for international investments in technology. The upcoming LEAP Riyadh 2025 event is expected to catalyze further advancements and collaboration within this evolving landscape.
Original Source: www.globenewswire.com
