Press release
Middle East and Africa Data Center Colocation Market Likely To Boost Future Growth By 2028 | Equinix Inc., Telehouse, Cyxtera Technologies, Inc.
The Data Center Colocation Market in MEA is expected to grow from US$ 2,933.22 million in 2021 to US$ 5,930.52 million by 2028; it is estimated to grow at a CAGR of 10.6% from 2021 to 2028.The Middle East & Africa data center colocation market is characterized by increase in customer base, active broadband connections, and growth of the digital economy. The Middle East & Africa exhibits some of the highest levels of broadband penetration in its financial markets with a global reach. In 2018, the MENA region only had one public cloud facility and many countries in the region had fewer than five edge nodes by global Internet providers. However, MEA’s data center colocation market is rapidly growing as more enterprises are adopting colocation services. There is a growing demand for hyperscale, altering the competitive structure, business models, and the nature of the MEA’s data center facilities.
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There is a rising demand for data center solutions that are cost-effective and offer value unique features. According to industry experts, by 2025, data centers are anticipated to consume a fifth of the power, which is enabling companies to consider power-saving measures in order to bring cost benefits for an organization. As a result, companies are opting to utilize the space available for data center scaling or creating a cost-effective data center using a disaggregated architecture. This methodology has incremented the demand for high-performance compute (HPC) architecture.
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Major Key players covered in this report:
• AT&T Intellectual Property
• Cyxtera Technologies, Inc.
• Digital Realty Trust LP
• Equinix Inc.
• NTT Communications Corporation
• Telehouse
• Verizon Partner Solutions.
MIDDLE EAST AND AFRICA DATA CENTER COLOCATION MARKET SEGMENTATION
Middle East and Africa Data Center Colocation Market, by Type
• Retail
• Wholesale
Middle East and Africa Data Center Colocation Market, by Industry
• IT and Telecom
• BFSI
• Healthcare
• Retail
• Others
Order a Copy of this Middle East and Africa Data Center Colocation Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00026091/?utm_source=OpenPR&utm_medium=10470
Reasons to buy report
1. To understand the MEA data center colocation market landscape and identify market segments that are most likely to guarantee a strong return
2. Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA data center colocation market
3. Efficiently plan M&A and partnership deals in MEA data center colocation market by identifying market segments with the most promising probable sales
4. Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA data center colocation market
5. Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.
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