Middle East Data Center Market Outlook and Forecast 2021-2026: Big Data, IoT & Cloud Drive Data Center Investment & Migration From On-Premises Infrastructure To Colocation & Managed Services

Middle East Data Center Market Outlook and Forecast 2021-2026: Big Data, IoT & Cloud Drive Data Center Investment & Migration From On-Premises Infrastructure To Colocation & Managed Services
April 28, 2021 05:28 ET
| Source:
Research and Markets
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The Middle East data center market by investment is expected to grow at a CAGR of 7% during the period 2020-2026.
The data center market has observed a steady growth due to the outbreak of the COVID-19 pandemic, resulting in heightened access to internet-related services aided by nationwide lockdowns and restrictions. IoT-enabled devices witnessed high acceptance for monitoring and surveillance purposes, especially in the healthcare sector, during the pandemic.

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