Saudi Arabia Data Center Market
Saudi Arabia Data Center Market - By Type (Corporate Data Centers, Web Hosting Data Centers); By IT Infrastructure (Servers, Storage, Enterprise Networking, Others); By End User (BFSI, Telecom & IT, Media & Entertainment, E-Commerce, Government, Healthcare, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: March 2023
- Report ID: BWC23204
- Available Format: PDF
- Page: 250
Report Overview
Rising acceptance of smart devices, rising demand for analytics, cloud adoption, and advancements in wireless networking technologies may create opportunities for the growth of Saudi Arabia Data Center Market during the forecast period between 2023 and 2029.
Saudi Arabia Data Center Market- Industry Trends & Forecast Report, 2029
Saudi Arabia data center market size was estimated at USD 1,083.03 million in 2022. During the forecast period between 2023 and 2029, Saudi Arabia data center market size is projected to grow at a CAGR of 10.21% reaching a value of USD 2,123.86 million by 2029. The deeper internet and social media penetration across the country, as a result of COVID-19, the deployment of 5G services, and improved inland connectivity, among other factors, make the Saudi Arabia data center market appealing to investors. The introduction of the Personal Data Protection Law in the country will protect the confidentiality of citizens' data, boosting the data center market even further.
Saudi Arabia Data Center Market - Overview
A data center is a physical facility in an enterprise that houses IT operations and equipment used to store, process, and distribute data and applications. Also, a data center in an enterprise is built on a network of computer applications and storage solutions that are designed to share information and data. Because of advancements in multi-cloud computing, the shift from traditional on-premises physical servers to virtual network-based data centers is driving Saudi Arabia data center growth. A modern enterprise data center can communicate with multiple sites, both cloud and on-premises.
Growth Drivers
Rising Investments in Big Data and IoT
Several Saudi Arabian enterprises are investing in Big Data and IoT technology as a result of the growing acceptance of smart devices, increased demand for analytics, cloud adoption, and the development of wireless networking technologies. These factors are driving demand for Saudi data centers.
Restraints
Rising Data Privacy
Rising data privacy concerns and increasing demand for managed services are acting as major barriers to early adoption, impeding market growth. On the contrary, an increase in data center technology spending as well as increased adoption of multi-cloud and network upgrades to support 5G technology are expected to provide lucrative opportunities for data center market expansion during the forecast period.
Impact of COVID-19 on Saudi Arabia Data Center Market
The introduction of COVID-19 adversely affected the growth of the data center market in 2020. However, the surge in demand for cloud computing network solutions is a major impediment to market growth. Data center market was primarily hampered by a lack of professional workforce availability as a result of the practical and complete lockdown. Also, the post-pandemic period is expected to see a surge in data center adoption across the healthcare, government, and BFSI sectors.
Saudi Arabia Data Center Market
Segmental Coverage
Saudi Arabia Data Center Market - By Type
Saudi Arabia data center market is divided into Corporate Data Centers and Web Hosting Data Centers segments.
Saudi Arabia Data Center Market - By IT Infrastructure
Based on application, the Saudi Arabia data center market is divided into Servers, Storage, Enterprise Networking, and other segments. The storage segment is registered to hold the highest market share. A data center is a facility that uses a complex network, computing, and storage infrastructure to provide shared access to applications and data.
Saudi Arabia Data Center Market - By End Use
Based on end use, the Saudi Arabia data center market is divided into BFSI, Telecom & IT, Media & Entertainment, E-Commerce, Government, Healthcare, and other segments. Amongst them, the IT & telecom end-user segment dominates the market. This category is being driven by an increase in the use of innovative technology to improve the current infrastructure and an increase in the amount of data that businesses are producing.
Due to significant investments in the banks' digital transformation, the BFSI vertical is expected to develop at the fastest rate during the projected period. For instance, open-source software company Red Hat Inc. announced in April 2022 that Riyad Bank, a major bank in Saudi Arabia (KSA), has implemented a hybrid cloud strategy based on Red Hat's portfolio of open hybrid cloud technologies, which includes Red Hat OpenShift.
Competitive Landscape
Competition in Saudi Arabia data center market is intense. Major companies in the market include Nikom IT Infrastructure Private Limited, Delta Group, Trimax IT Infrastructure & Services Limited, Cisco India, Arshiya Limited, Huawei, Sify Technologies, Arista, and Sterling & Wilson. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
Saudi Arabia |
Product/ Service Segmentation |
Type, IT Infrastructure, End User |
Key Players |
Nikom IT Infrastructure Private Limited, Delta Group, Trimax IT Infrastructure & Services Limited, Cisco India, Arshiya Limited, Huawei, Sify Technologies, Arista, Sterling & Wilson |
By Type
-
Corporate Data Centers
-
Web Hosting Data Centers
By IT Infrastructure
-
Servers
-
Storage
-
Enterprise Networking
-
Others
By End User
-
BFSI
-
Telecom & IT
-
Media & Entertainment
-
E-Commerce
-
Government
-
Healthcare
-
Others
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Saudi Arabia Data Center Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Adoption of Cloud Computing
- Increasing Private and Public Investments in Building Data Centers
- Restraints
- High Risks of Hacking
- High Initial Investment and Management Cost
- Opportunities
- Flourishing E-Commerce Sector
- Challenges
- High Power Consumption and Carbon Emission
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Saudi Arabia Data Center Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- Corporate Data Centers
- Web Hosting Data Centers
- By IT Infrastructure
- Servers
- Storage
- Enterprise Networking
- Others
- By End User
- BFSI
- Telecom and IT
- Media and Entertainment
- E-Commerce
- Government
- Healthcare
- Others
- By Type
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Saudi Arabia Data Center Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on Saudi Arabia Data Center Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Nikom IT Infrastructure Private Limited
- Delta Group
- Trimax IT Infrastructure & Services Limited
- Cisco India
- Arshiya Limited
- Huawei
- Sify Technologies
- Arista
- Sterling & Wilson
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information in case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Saudi Arabia Data Center Segmentation
Figure 2 Saudi Arabia Data Center Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Saudi Arabia Data Center Market Size, By Value (USD Million), 2019–2029
Figure 5 Saudi Arabia Data Center Market Share, By Type, By Value, 2019–2029
Figure 6 Saudi Arabia Data Center Market Share, By IT Infrastructure, By Value, 2019–2029
Figure 7 Saudi Arabia Data Center Market Share, By End User, By Value, 2019–2029
List of Tables
Table 1 Saudi Arabia Data Center Market Size, By Value (USD Million), 2019–2029
Table 2 Saudi Arabia Data Center Market Size, By Type, By Value, 2019–2029
Table 3 Saudi Arabia Data Center Market Size, By IT Infrastructure, By Value, 2019–2029
Table 4 Saudi Arabia Data Center Market Size, By End User, By Value, 2019–2029
Table 5 Nikom IT Infrastructure Private Limited Company Overview
Table 6 Nikom IT Infrastructure Private Limited Financial Overview
Table 7 Delta Group Company Overview
Table 8 Delta Group Financial Overview
Table 9 Trimax IT Infrastructure & Services Limited Company Overview
Table 10 Trimax IT Infrastructure & Services Limited Financial Overview
Table 11 Cisco India Company Overview
Table 12 Cisco India Financial Overview
Table 13 Arshiya Limited Company Overview
Table 14 Arshiya Limited Financial Overview
Table 15 Huawei Company Overview
Table 16 Huawei Financial Overview
Table 17 Sify Technologies Company Overview
Table 18 Sify Technologies Financial Overview
Table 19 Arista Company Overview
Table 20 Arista Financial Overview
Table 21 Sterling & Wilson Company Overview
Table 22 Sterling & Wilson Financial Overview
Market Segmentation
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