Saudi Arabia Data Center Market: Investment Analysis & Growth Opportunities 2024-2029 [Yahoo! Finance]
Orange (ORAN)
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Source: Yahoo! Finance
Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Saudi Arabia data center market is expected to grow at a CAGR of 10.13% from 2023-2029. KEY HIGHLIGHTS Saudi Arabia has about 24 operational colocation data centers. Most colocation data centers here are being developed according to Tier III standards. For instance, center3(stc)'s Dammam Data Center is an Uptime-rated Tier III establishment. center3 (stc) is among the top and one of the largest data center operators in the Saudi Arabia data center market and has planned to develop data centers with around 125 MW power capacity by 2025-2026. Gulf Data Hub is also among the top colocation operators in the country. It is developing a new data center facility in Dammam and has further planned several facilities across Riyadh and Jeddah. The Saudi Arabia data center market also witnessed submarine cables and inland connectivity developments. For instance, 2Africa, owned by China Mobile, Met
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