The Middle East data centre market is projected to expand by revenue in the period 2019-2025 at a CAGR of nearly 3 per cent

prnewswire | September 03, 2020

The Middle East data centre market is projected to expand by revenue in the period 2019-2025 at a CAGR of nearly 3 per cent
The Middle East data center market by revenue is expected to grow at a CAGR of close to 3% during the period 2019–2025.The Middle East data center market size by revenue is expected to cross over $3.7 billion by 2025. The industry has witnessed significant growth in recent years. Countries in the Middle East are looking to improve their digital economies. They are involved in a variety of smart city projects, which fuel the growth of data centers in the region. The increase in smart city initiatives is expected to develop the demand for edge computing and edge data centers among countries in GCC. Smart city initiatives in countries such as the UAE and Saudi Arabia are emphasizing the importance of data in improving communication among cities, citizens, automobiles, and electronic devices.

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