Middle East's Data Center Sector Strong in Project Activity

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Researched by Industrial Info Resources (Sugar Land, Texas)--The Middle East's data center sector has been witnessing an uptick in investment and is expected to remain buoyant over the coming years owing to the growing demand for cloud solutions, colocation spaces and increased use of internet-enabled devices. The data center market in the Middle East is projected to grow at 12.4% in 2021-2027.

Countries such as Saudi Arabia, Israel, United Arab Emirates, Bahrain, Egypt and Oman are leading the region in terms of investment. In Saudi Arabia, the Ministry of Communications and Information Technology has launched an $18 billion plan to build a network of large-scale data centers across the kingdom to which various developers have responded positively.

In Israel, the ambitious Nimbus Project will provide cloud services to Israeli military and government agencies.

Similar initiative and policies have been announced by other countries in the region, which are driving investment.

Industrial Info is tracking nearly $1.5 billion worth of active data center projects in the Middle East. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).