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Stock impact report

Data Center Market in Middle East Size by Investment to reach USD 4.48 Billion by 2026 - Arizton [MarketWatch]

Equinix, Inc. (EQIX) 
Last equinix, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: equinix.com/company/investors
Company Research Source: MarketWatch
The Middle East data center market is expected to grow at a CAGR of 7% during the period 2020?^'2026. Important Facts to Know: Data centers are investing more in power infrastructure with a minimum of N+1 redundancy. In 2020, UPS systems accounted for a market share of around 30% of the total electrical infrastructure in data centers. In 2020, the other Middle Eastern countries witnessed the highest investments because the data center operators are investing in countries such as Oman, Qatar, Bahrain, and Kuwait. In 2020, the UAE witnessed around three projects, adding a power capacity of 30 MW. Data center operators such as Amazon Web Services (AWS), Equinix, Etisalat, Gulf Data Hub, Khazna, Saudi Telecom, and Zain have invested in the Middle East data center market in recent years. The increased use of the 4G LTE network and the emergence of the 5G network are aiding the growth in data generation. Also, fixed broadband speed is growing significantly across the globe, with Show less Read more
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