The GCC Data Center Market is projected to grow from USD 3.48 billion in 2024 to USD 9.49 billion by 2030. Major operators and global cloud providers, including Google and Amazon Web Services, are making extensive investments. Initiatives such as Saudi Arabia’s “Data Centre Services Regulations” and the upcoming LEAP Riyadh 2025 event will facilitate this growth, enhancing the region’s digital infrastructure.
The GCC Data Center Market is anticipated to expand significantly from USD 3.48 billion in 2024 to USD 9.49 billion by 2030, reflecting a compound annual growth rate (CAGR) of 18.2%. Key contributors to this growth include dominant operators such as Equinix and Khazna Data Centers, among others, who are both enhancing their facilities and announcing further investments.
Global cloud providers like Google, Amazon Web Services, and Microsoft are also making substantial investments to establish dedicated cloud regions across major cities in the GCC, including Dubai and Riyadh. Notably, Khazna Data Centers has unveiled plans to create an AI-optimized data center in Ajman, UAE, expected to launch its first phase by 2026
The data center market is being propelled by rigorous data governance measures, particularly in the UAE, Saudi Arabia, and Qatar. Saudi Arabia’s implementation of the “Data Centre Services Regulations” supports its Vision 2030, promoting sustainable digital infrastructures to attract investment and accommodate a tech-savvy populace.
Furthermore, the LEAP Riyadh 2025 event is poised to transform the technological landscape of Saudi Arabia. It will stimulate innovation and investment in the data center market, leading to the adoption of cutting-edge technologies and enhancing collaboration among key industry players, further establishing Saudi Arabia as a global leader in technology.
This report offers a comprehensive analysis of the GCC data center market, detailing the size and capacity of existing and planned facilities, along with extensive evaluations of investments across various segments, including IT and mechanical infrastructures. It also examines emerging trends and future growth potential throughout the region.
In summary, the GCC Data Center Market is on a trajectory of remarkable growth, driven by strategic investments from both regional operators and international cloud giants. With the support of regulatory frameworks and initiatives like LEAP Riyadh 2025, Saudi Arabia and the UAE are set to play pivotal roles in shaping the future of digital infrastructure in the region, fostering an environment conducive to technological advancements and collaborative opportunities.
Original Source: www.globenewswire.com