Press release
Saudi Arabia Data Center Colocation Market to Hit Revenue of $510 Million by 2029, More than 460 MW Power Capacity to be Added in the Next 6 Years - Arizton
Curious to Know More About the Market? Click: [https://www.arizton.com/market-reports/saudi-arabia-data-center-colocation-market]
Report Scope
Market Size (Colocation Revenue): USD 510 Million (2029)
Market Size (Utilized White Floor Area): 2,531 thousand sq. feet (2029)
Market Size (Utilized Racks): 73.1 thousand units (2029)
Market Size (Utilized It Power Capacity): 460 MW (2029)
Base Year: 2023
Forecast Year: 2024-2029
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Saudi Arabia has around 26 operational colocation data centers, most of which are being developed to meet Tier III standards. The market features local and global operators, including stc (center3), Gulf Data Hub, Mobily, Quantum Switch Tamasuk, and TONOMUS (ZeroPoint DC). The market is also experiencing growth with new entrants such as EDGNEX Data Centres by DAMAC, Agility, and a partnership between Moammar Information Systems (MIS) & Saudi Fransi Capital.
The region shows significant potential for expanding the data center industry in the coming years. By 2029, the average occupancy of data center facilities is projected to reach approximately 83%, leaving a vacancy rate of only around 17%. As of March 2024, center3 (stc) holds the largest market share in Saudi Arabia, commanding about 45% with a power capacity exceeding 85 MW. However, this landscape is expected to evolve as companies like Mobily, TONOMOUS (ZeroPoint DC), and others develop additional data center facilities.
The rapid growth of the Saudi Arabia data center colocation market is fueled by increasing internet penetration, rising data consumption, and government initiatives such as Saudi Vision 2030. This initiative is a major catalyst for economic diversification and technological advancement. Large-scale projects like NEOM and other smart city initiatives further drive demand for robust data center infrastructure.
Vendor Insights
* In October 2023, Aurum Equity Partners signed an MoU with Al Nowais Group to develop a new data center facility in Saudi Arabia. The facility will use energy-efficient cooling systems, renewable energy, and AI for efficient operations.
* In September 2023, Huawei Technologies launched its cloud region in Riyadh, located inside the center3 (stc) facility. It strives to improve its technology services and provide green energy for the country.
* In March 2023, Agility, a Kuwaiti-based logistics real estate firm, announced its plans to build a data center facility in Saudi Arabia. It will have a power capacity of 25MW, of which over 10MW will be derived from solar energy.
What's Included in the Report?
* A transparent research methodology and insights on the market's colocation of demand and supply.
* The market size is available in terms of utilized white floor area, IT power capacity, and racks.
* Market size available in terms of Core & Shell Vs Installed Vs Utilized IT Power Capacity along with the occupancy %.
* An assessment and snapshot of the colocation investment regarding core & shell area, power, and rack in Saudi Arabia and a comparison between Middle Eastern countries.
* The study of the existing Saudi Arabia data center market landscape and insightful predictions about industry size during the forecast period.
* An analysis of the current and future colocation demand in Saudi Arabia by several industries.
* Study on sustainability status in the region
* Analysis of current and future cloud operations in the region.
* Snapshot of upcoming submarine cables and existing cloud-on-ramps services in the region.
* Snapshot of existing and upcoming third-party data center facilities in Saudi Arabia
* Facilities Covered (Existing): 26
* Facilities Identified (Upcoming): 35
* Coverage: 8 locations
* Existing vs. Upcoming (White Floor Area)
* Existing vs. Upcoming (IT Load Capacity)
* Data Center Colocation Market in Saudi Arabia
* Colocation Market Revenue & Forecast (2023-2029)
* Retail Colocation Revenue (2023-2029)
* Wholesale Colocation Revenue (2023-2029)
* Retail Colocation Pricing along with Addons
* Wholesale Colocation Pricing along with the pricing trends.
* An analysis of the latest trends, potential opportunities, growth restraints, and prospects for the Saudi Arabia data center colocation market.
* Competitive landscape, including industry share analysis by the colocation operators based on IT power capacity and revenue.
* The vendor landscape of each existing and upcoming colocation operator is based on the existing/ upcoming count of data centers, white floor area, IT power capacity, and data center location.
Buy this Research Now @ [https://www.arizton.com/market-reports/saudi-arabia-]
The Report Includes:
* Colocation Supply (MW, Area, Rack Capacity)
* Colocation Demand (MW, Area, Rack Capacity) and by End-User (Cloud/IT, BFSI, etc..)
* Colocation Revenue (Retail & Wholesale Colocation Services)
* Competitive Scenario (Market Share Analysis by Revenue & MW Capacity)
Vendor Landscape
Existing Operators
* Mobily
* center3 (Saudi Telecom Company)
* Gulf Data Hub
* TONOMUS (ZeroPoint DC)
* NourNet
* DETASAD (Detecon Al Saudia)
* Quantum Switch Tamasuk And MCIT
New Operators
* Agility
* EDGNEX Data Centres by DAMAC
* Moammar Information Systems (MIS) & Saudi Fransi Capital
Key Questions Answered in the Report:
What is the count of existing and upcoming colocation data center facilities in Saudi Arabia?
Who are the new entrants in the Saudi Arabia data center industry?
What factors are driving Saudi Arabia data center colocation market?
How much MW of IT power capacity is likely to be utilized in Saudi Arabia by 2029?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=saudi-arabia-data-center-colocation-market-to-hit-revenue-of-510-million-by-2029-more-than-460-mw-power-capacity-to-be-added-in-the-next-6-years-arizton]
Phone: +1-312-235-2040/+1 302 469 0707
Country: United States
Website: https://www.arizton.com/market-reports/saudi-arabia-data-center-colocation-market
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