The GCC Data Center Market is forecasted to grow from USD 3.48 Billion in 2024 to USD 9.49 Billion by 2030, with a CAGR of 18.2%. Key drivers include major operators, investments from global cloud companies, and stringent data regulations in Saudi Arabia and the UAE, supported by initiatives like LEAP Riyadh 2025, which aims to enhance digital infrastructure and market dynamics.
The GCC Data Center Market is undergoing rapid transformation, projected to increase from USD 3.48 billion in 2024 to USD 9.49 billion by 2030, resulting in a Compound Annual Growth Rate (CAGR) of 18.2%. Key contributors include major operators such as Equinix, Gulf Data Hub, and Khazna Data Centers, alongside investments from emerging market players and global cloud giants like Google and Amazon Web Services, expanding their operations across key cities in the region.
Saudi Arabia and the UAE are at the forefront of this growth. With the introduction of strict data protection regulations, these nations are ensuring cybersecurity and digital sovereignty. Saudi Arabia’s “Data Centre Services Regulations” were enacted in January 2024 as part of its Vision 2030 initiative, aimed at enhancing digital infrastructure to meet the rising demands of its young population. The Kingdom’s strategic position is bolstering its status as a digital hub attracting international investments and companies.
LEAP Riyadh 2025 is poised to significantly impact the region’s technological landscape and data center market by encouraging substantial investments and innovative initiatives. The event is expected to foster collaboration among industry players and lay the groundwork for advancements in digital infrastructure, further positioning the Kingdom as a prominent player in the global technology sector.
The report provides comprehensive insights into market dynamics, covering existing and upcoming data center facilities, investment landscape, and colocation market revenue across GCC countries. It analyzes the power capacity, area, and infrastructure specifics from leading IT service providers and construction contractors, demonstrating a well-rounded view of the GCC data center ecosystem and opportunities available through investment and technology advances.
In conclusion, the GCC Data Center Market is set for significant expansion, primarily driven by Saudi Arabia and the UAE. The combination of robust regulatory frameworks, strategic investments from international firms, and a youthful tech-savvy population positions the region for a booming data center sector by 2030. Events like LEAP Riyadh 2025 further exemplify the momentum for growth, fostering innovations while enhancing the overall digital infrastructure across the GCC.
Original Source: www.globenewswire.com
