Press release
KSA Data Center and Cloud Services Market Outlook to 2026F: Ken Research
Government support towards cloud services and Data center, online media consumption, installation of IoT devices will drive the Data Center and Cloud Services Market in KSA: Ken ResearchThe 2030 vision of Saudi Arabia includes shifting 80% of its data on cloud and proliferation of IoT, digitization and the need for cybersecurity will fuel the market in KSA.
Data Center Industry is witnessing a surge in the Investments from local as well as global companies to meet the data storage demands of end users.
New entrants will provide a major boost to market growth, supporting the wholesale needs of local enterprises and cloud service providers in the region.
Data Center and Cloud Services Market Pipeline: Major Data Center and Cloud Service Market operators are exploring the market to set up their own Data Centers in KSA. Google Cloud planning to open 3 zones in Dammam which is an important location given its proximity to several subsea cables. Also Oracle, Google, and Huawei Cloud are opening new cloud regions in KSA. Saudi Aramco and Google Cloud signed an agreement that paves way for the rollout of high-performance, low-latency cloud services.
Promising Government Initiatives: The government of the KSA is focusing on e-government concept. KSA has increased its efforts to adopt cloud-computing technology and was one of the earliest countries in the region to adopt specific regulations for cloud service provider. Government is leading a comprehensive digitization strategy of Saudi Arabia and is focusing on development of KSA as a digital hub (including cloud strategy) with Data center as a core asset. Attractive power tariff and special tax treatment are available in KSA.
Future of KSA Data Center and Cloud Services Market: Data Center and Cloud Services Market is expected to grow at a double digit positive CAGR during 2021-2026F emergence of 5G technology in KSA is likely to grow the adoption of IoT-enabled products in the KSA market further contributing to the development of data center industry. Strong government support, rising awareness and surge in the data will create higher demand for cloud services to domestic clients with Technological innovations and advancements, continuous investments and upcoming data center and cloud projects in the region to drive the KSA Data Center and Cloud Services Market.
Visit @ https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/ksa-data-center-and-cloud-services-market-outlook-to-2026/561415-105.html
The report titled "KSA Data Center and Cloud Services Market Outlook to 2026F - Driven by rising investments in data centers from private sector and government support towards technology and Cloud first policy" by Ken Research provides a comprehensive analysis of the potential of Data Center and Cloud Services Industry in KSA. The report also covers overview and genesis of the industry, market size in terms of revenue generated; market segmentation by type of data center, type of co-location data centers on the basis of number of racks, type of end users, by type of clients and by region; challenges and bottlenecks, growth enablers and drivers; upcoming projects of data center in KSA, major regions with respect to data center, trends and recent developments in data center and cloud services industry in KSA, competitive landscape and market analysis and growth quadrant including competition scenario, market shares of major operators on the basis of number of racks, on the basis of number of data centers and on the basis of MW of power. The report concludes with future market projections of each product segmentation.
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Key Segments Covered
KSA Data Center Market
By Type of Data Center
Co-Location Data Centers
Managed Data Centers
By Type of Co-Location Data Centers on the basis of Number of Racks
Wholesale Co-Location Data Centers
Retail Co-Location Data Centers
By Type of Clients
Domestic Clients
Global Clients
By Type of Tier Level
Tier II Data Centers
Tier III Data Centers
Tier IV Data Centers
By Region on the basis of Number of Racks
Riyadh
Jeddah
Dammam
Others
By Type of End Users
IT/ITes
Government
Telecom
Retail
Communication and Media
E-Commerce
Transport and Logistics
KSA Cloud Services Market
By Type of Cloud Services
Cloud Application Service (SaaS)
Cloud System Infrastructure Services (IaaS)
Cloud Application Infrastructure Service (PaaS)
By Type of Clients
Domestic Clients
Global Clients
By Type of End Users
IT/ITes
Healthcare
E-Commerce
Communication and Media
Telecom
Transport and Logistics
Government
Key Target Audience
Data Center Industry
Cloud Services Industry
Data Center Manufacturing Companies
Data Center Operators
Cloud Services Operators
Co-Location Providers
Uptime ranking association
Telecom Industry
IT/ITes Industry
Government Sector
Retail Sector
Transport and Logistics Companies
Time Period Captured in the Report:
Historical Period: 2016-2021
Forecast Period: 2021-2026F
For more details @ https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/ksa-data-center-and-cloud-services-market-outlook-to-2026/561415-105.html
Companies Covered:
Data Center Market
Nournet
Detasad
Mobily
STC
Salam
Gulf Data Hub
Nournet
DetaSad
Go DC
Gateway Gulf
Nashirnet
Cloud Service Market
STC
SITE
Mobily
Zain
SAP
Edarat
Detasad
Oracle
Key Topics Covered in the Report
KSA Data Center and Cloud Services Market Current vs Future Overview
Cross Comparison of Data Center Market in KSA with Other Countries
Supply Side Ecosystem of KSA Data Center and Cloud Services Market
Demand Side Ecosystem of KSA Data Center and Cloud Services Market
Government Regulations for the KSA Data Center and Cloud Services Market
Enablers and Growth Drivers in KSA Data Center Market
Major Challenges and Bottlenecks in KSA Data Center Market
Market Positioning Analysis of Data center and Cloud Service Providers
Cloud Services Delivery Model
End User Analysis of KSA Data Center and Cloud Services Market
For more information on the research report, refer to below link:
https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/ksa-data-center-and-cloud-services-market-outlook-to-2026/561415-105.html
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https://www.kenresearch.com/technology-and-telecom/it-and-ites/india-data-center-and-cloud-services-market/335269-105.html
https://www.kenresearch.com/technology-and-telecom/it-and-ites/indonesia-data-center-and-cloud-services/321669-105.html
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Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
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