DUBLIN (BUSINESS WIRE) The "Middle East & Africa Data Center Market - Industry Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The Middle East & Africa data center market by investment is expected to grow at a CAGR of 10.38% during the period 2021-2026. In the Middle East &…
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The Middle East and North Africa data center market by investment is expected to grow at a CAGR of 7.81% during the period spanning 2020-2026.
The increased commercial 5G network deployment has led to the increased demand for high bandwidth internet in several Middle Eastern Tier II and Tier III cities. Edge data centers will create a decentralized data center model, where hyperscale facilities will connect multiple edge data centers. Saudi Arabia has been a leader in expanding its 5G networks, where telecom companies Zain, Saudi Telcom Company, and MOBILY are significant contributors to the market. Zain provides 5G access across 44 cities, followed by Saudi Telecom Company in 22 cities, and MOBILY in 21 cities.
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In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Africa Data Center Market Report
The Africa data center market by investment is expected to grow at a CAGR of approx. 15% during the period 2020-2026.
The Africa data center market size by investment was valued at USD 2 billion in 2020 and is expected to USD 5 billion by 2026, growing at a CAGR of 15% during 2021-2026. The data center market expects to observe growth because of the flurry of factors - renewable power availability, smart city initiatives, and increased support for the digital economy.