The UAE Data Center Market is expected to grow at a CAGR of 4.1% in the forecast period of 2021-26, says MarkNtel Advisors in their research report. The market growth primarily attributes to the digitalization of the rapidly expanding commercial industry, coupled with the surging demand for efficient IT infrastructure and cloud backups across various end-users, including financial services, telecommunication & IT, government, energy & health sectors.
Concurrently Maintainable Site Infrastructure (Tier III) Acquired the Largest Share of UAE Data Center Market
Based on the Tier Standards, the market bifurcates into Basic Site Infrastructure (Tier I), Redundant-Capacity Component Site Infrastructure (Tier II), Concurrently Maintainable Site Infrastructure (Tier III), Fault-Tolerant Site Infrastructure (Tier IV). Among these segments, Concurrently Maintainable Site Infrastructure (Tier III) data centers accounted for the largest share of the UAE Data Center Market in the previous few years. A Tier III data center surpasses the capabilities of Tier 1 and Tier 2 data centers with redundant data center infrastructure components and capacity. With a constantly active power supply, this type of data center guarantees 99.98% availability with less than two hours of downtime per year.
The research report “UAE Data Center Market Analysis, 2021” highlights insights on the market potential & opportunities, along with business strategies to enhance the overall market growth. The report offers an overview of leading market players and their recent developments. Moreover, the report provides incredible market opportunities & emerging trends to help stakeholders make appropriate decisions before investing.
Dubai to Witness Highest Market Growth During 2021-26
Dubai held the largest share of the UAE Data Center Market in the previous few years and is projected to witness the highest growth rate during 2021-26. It attributes to the burgeoning number of smart projects, increasing IT expenditure by the government, and several 5G infrastructure setups in the country. Further, the various ICT initiatives by the government, including Dubai Plan 2021 and Dubai IoT Strategy, shall also lead Dubai to witness the highest market growth rate in the years to come, reveals MarkNtel Advisors in their research report, “UAE Data Center Market Analysis, 2021.”
Key Market Competitors
According to MarkNtel Advisors, the leading industry players in the UAE Data Center Market are Khazna, Etisalat, Equinix, Oracle, Alibaba Cloud, Microsoft Azure, IBM, Amazon Web Services, MBUZZ, and Cisco.
Key Questions Answered in the Study