Vijaymishrapsmarket
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Aug 28, 2024
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About This Presentation
According to the latest market research study published by P&S Intelligence, the Saudi Arabian data center server market is set to grow at a 9.7% CAGR, driven by advancements in AI, 5G, and digitalization, reaching USD 1,368M by 2030.
Size: 4.45 MB
Language: en
Added: Aug 28, 2024
Slides: 7 pages
Slide Content
Saudi Arabia Data
Center Server Market
Growing at a CAGR of 9.7% (2024-2030)
Saudi Arabia Data Center Server Market Overview
The Saudi Arabian data center server market will generate an estimated
revenue of USD 784.1 million in 2024, reaching USD 1,368.0 million by 2030,
which is expected to witness a CAGR of 9.7% from 2024 to 2030.
This can be due to the globalization of digital clouds, the increasing
incorporation of artificial intelligence and machine learning, rapid
digitalization, and the adoption of 5G technology.
Market Trends & Growth Drivers
The Saudi Arabia data center server market is
witnessing significant growth driven by the rapid
digital transformation across various sectors. Key
trends include increased adoption of cloud
computing, expansion of internet services, and the
rising demand for data storage and management
solutions.
01 02 03
Increasing Digitalization
and Improving Internet
Infrastructure Is Key
Trend in Market
Expansion of 5G Coverage,
Increase in Online
Purchases, and Digital
Applications Propel Market
Data Security Is
Concern
Data Center Server Market Analysis
The Saudi Arabia data center server market has been experiencing
robust growth, driven by increasing digital transformation initiatives,
cloud adoption, and government investments in IT infrastructure.
The rack category is the largest,
holding a share of 45% in 2024.
This is primarily due to the ability
of rack servers to meet the
demands of high-tech
applications.
Type Insights
BFSI is the largest category,
holding a share of 35% in 2024.
This is due to the growing trend of
cloud-based solutions, which
improve reliability, scalability, and
robustness.
Application Insights
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30
35
2024 2025 2026 2027 2028 2029 2030
Statistics
USD 784.1 million
2024
The Saudi Arabian data center server market
will generate an estimated revenue of USD
784.1 million in 2024, reaching USD 1,368.0
million by 2030, which is expected to witness
a CAGR of 9.7% from 2024 to 2030
USD 1,368.0 million
2030
USD 854.4 Million
2025
9.7%
CAGR
CAGR of 9.7% Predicted for 2024-2030
Top Data Center Server Market Companies in Saudi Arabia
Etihad Atheeb
Telecommunicati
on Co.
Etihad Etisalat
Company
(Mobily)
HostGee Cloud
Hosting Inc.
Dell Inc. Hewlett Packard
Enterprise
Development LP