Press release
Kuwait Data Center Market Investment to Reach $340 Million by 2029, Kuwait Sets Stage for Data Center Expansion Amidst Major-Tech Investments & Green Energy Projects - Arizton
Looking for More Information? Click: [https://www.arizton.com/market-reports/kuwait-data-center-market]
Report Scope:
Market Size - Investment (2029): USD 340 Million
Market Size - Area (2029): 103 Thousand Sq. ft.
Market Size - Power Capacity (2029): 19 MW
CAGR Investment (2023-2029): 11.49%
Colocation Market Size - Revenue (2029): USD 31 Million
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Kuwait is positioning itself as a regional leader in innovation and technology within the data center sector. This is largely due to the arrival of new key players like GDH, Omniva, and Khazna Data Centers, in addition to the presence of major cloud service providers such as Google Cloud. The market is set for substantial growth in power capacity, fueled by efforts to boost renewable energy integration. Operators like Agility are in charge of investing in solar energy and other renewable sources.
Kuwait is embracing the Smart Cities concept, leveraging blockchain technology and FinTech to enhance urban living. Blockchain ensures transparent governance and efficient public services, while FinTech solutions promote financial inclusion and digitization of transactions. Despite challenges such as privacy concerns and scalability issues, Kuwait's commitment to innovation promises a resilient and adaptive journey toward a smarter future.
Investment Opportunities
* The New Kuwait Vision 2035 charts a strategic course for economic diversification, social empowerment, and sustainability, aiming to reduce dependency on oil, foster innovation, and enhance infrastructure. Through initiatives such as supporting entrepreneurship, modernizing infrastructure, and investing in renewable energy, Kuwait seeks to create a prosperous and inclusive society while strengthening its global partnerships and positioning itself as a hub for innovation and sustainable development.
* In September 2023, Kuwait's foreign direct investment (FDI) increased by $196.3 million compared with the previous quarter. Overall, these indicators provide insights into Kuwait's economic performance and its attractiveness to foreign investors during the specified period.
* The country is connected through submarine cables, facilitating data center investments. The country has a presence of submarine cables, such as FALCON, FOG, GBICS/MENA cable system, and Kuwait-Iran.
* 2Africa submarine cable is currently in the pipeline and will be ready for service in 2024. 2Africa will have a design capacity of up to 180 Tbps, serving the MEA region. The project will use advanced spatial division multiplexing (SDM1) technology by ASN, enabling the deployment of 16 fiber pairs and doubling the capacity of older systems. It will integrate optical switching for flexible bandwidth management while increasing burial depth by 50% and avoiding areas prone to subsea disturbance to enhance overall reliability and availability.
Existing Vs. Upcoming Data Centers
Existing Facilities in the Region (Area and Power Capacity)
* Kuwait City
* Other Cities
List of Upcoming Facilities in the Region (Area and Power Capacity)
Why Should You Buy This Research?
* Market size is available in terms of investment, area, power capacity, and Kuwait colocation market revenue.
* An assessment of the data center investment in Kuwait by colocation and enterprise operators.
* Investments in the area (square feet) and power capacity (MW) across locations in the country.
* A detailed study of the existing Kuwait data center market landscape, an in-depth market analysis, and insightful predictions about industry size during the forecast period.
* Snapshot of existing and upcoming third-party data center facilities in Kuwait
* Facilities Covered (Existing): 06
* Facilities Identified (Upcoming): 07
* Coverage: 2+ Locations
* Existing vs. Upcoming (Area)
* Existing vs. Upcoming (IT Load Capacity)
* Data Center Colocation Market in Kuwait
* Market Revenue & Forecast (2023-2029)
* Retail Colocation Pricing
* The Kuwait data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
* A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
* Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
* A transparent research methodology and the analysis of the demand and supply aspects of the industry.
Looking for More Information? Visit: [https://www.arizton.com/market-reports/kuwait-data-center-market]
The Report Includes the Investment in the Following Areas:
IT Infrastructure
* Servers
* Storage Systems
* Network Infrastructure
Electrical Infrastructure
* UPS Systems
* Generators
* Transfer Switches & Switchgears
* PDUs
* Other Electrical Infrastructure
Mechanical Infrastructure
* Cooling Systems
* Rack Cabinets
* Other Mechanical Infrastructure
Cooling Systems
* CRAC & CRAH Units
* Chiller Units
* Cooling Towers, Condensers & Dry Coolers
* Other Cooling Units
General Construction
* Core & Shell Development
* Installation & commissioning Services
* Engineering & Building Design
* Fire Detection & Suppression Systems
* Physical Security
* Data Center Infrastructure Management (DCIM)
Tier Standard
* Tier I & Tier II
* Tier III
* Tier IV
Vendor Landscape
IT Infrastructure Providers
* Arista Networks
* Broadcom
* Cisco Systems
* Dell Technologies
* Fujitsu
* Hewlett Packard Enterprise
* Hitachi Vantara
* Huawei
* IBM
* Juniper Networks
* NetApp
* Oracle
Data Center Construction Contractors & Sub-Contractors
* AECOM
* EGEC
* Marafie Group
* Egis
Support Infrastructure Providers
* ABB
* Airedale
* Alfa Laval
* Caterpillar
* Cummins
* Eaton
* Honeywell International
* Johnson Controls
* Legrand
* Rittal
* Schneider Electric
* STULZ
* Vertiv
Data Center Investors
* Ooredoo
* Kuwait Telecommunication Company (stc)
* Zain
* Zajil Telecom
New Entrants
* Agility
* Gulf Data Hub
* Khazna Data Centers
* Zeuus Data Centers
Key Questions Answered in the Report:
How much is the Kuwait data center market investment expected to grow?
How many data centers have been identified in Kuwait?
What is the growth rate of the Kuwait data center market?
What are the driving factors for the Kuwait data center market?
Who are the key investors in the Kuwait data center market?
Looking for Customization? Click: [https://www.arizton.com/customize-report/4385]
Why Arizton?
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24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
Post-Purchase Benefit
* 1hr of free analyst discussion
* 10% off on customization
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=kuwait-data-center-market-investment-to-reach-340-million-by-2029-kuwait-sets-stage-for-data-center-expansion-amidst-majortech-investments-green-energy-projects-arizton]
Phone: +1-312-235-2040/+1 302 469 0707
Country: United States
Website: https://www.arizton.com/market-reports/kuwait-data-center-market
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