Monday, July 4, 2022

KSA Data Center and Cloud Services Market: Ken Research

 

The Data Center and Cloud Services Market has seen a double digit growth over the last few years owing to KSA’ s expanding data center infrastructure and rapid adoption to cloud services. COVID-19 has accelerated the usage of data resulting in increased demand for bandwidth as well as storage capacities.

KSA’s Data Center Industry is witnessing a surge in the Investments from local as well as global companies. Riyadh is one of the most preferred data Centers in the KSA, followed by Jeddah, In future, various projects are coming up in Riyadh, Jeddah and Al Khobar regions. The country enjoys strategic location between APAC and Africa making it optimum location for business. Considering the proliferation of internet usage and the advent of the 5G, KSA Data Centre and Cloud Services market is in rapid growth stage.

The Data Center and Cloud Services Market in KSA is segmented on the basis of total revenue generated with a CAGR of 14.6% and 19.6% respectively over the period 2016-2021.

KSA Data Center Overview and Segmentations

KSA Data Center Market is emerging market with ~42 Data Centers, has a high potential with growth opportunities like digital transformation, collaboration among local and global players despite few restraints in the market.

By Type of Data Centers:

Co-Location Data Centers in KSA Data Center Market outperforms Managed Data Centers, generating majority of the revenue share in 2021.

By Tier Level of Data Centers:

Majorly Data Center companies have Tier III Data Centers that rule the KSA Data Center Market in comparison to Tier IV Data Centers.

By Type of Co-Location Data Center on the basis of number of racks:

Wholesale Co-Location Data Centers have more preference in KSA Data Center Market.

By Region on the basis of Number of Racks:

Riyadh contributed majority of the market revenue share in KSA Data Center Market

By Type of Clients:

Domestic clients in KSA Data Center services contributed majority of the revenue share in comparison to Global Clients in 2021.

By Type of End Users:

IT/ITes sector contributed majority of Revenue in KSA Data Center Market whereas Government, Communication and other sectors contributed the rest.

By Type of Clients:

KSA Cloud Service Market have more popularity among Domestic Clients than Global ones, constituting majority of the market share in 2021.

By Type of Clients:

KSA Cloud Service Market have more popularity among Domestic Clients than Global ones, constituting majority of the market share in 2021.

 

By Type of End Users

IT/ITes, Government, Telecom and Healthcare sectors collectively contributed majority of the Revenue in KSA Cloud Services Market in 2021

KSA Cloud Services Overview and Segmentations

Cloud Services Market is growing exponentially with inception of various Cloud Giants and government support that is benefiting end users in terms of pricing, SLAs, quality of service, features, and functionalities.

The move to digital business by organizations is driving cloud spend, where cloud is a key enabler and the platform that supports digital technologies.

By Type of Cloud Services:

laaS Cloud Services are more popular among end users in present, than PaaS and IaaS cloud services.

Competition Landscape in KSA Data Center and Cloud Services Market

The competition in both Data Center and Cloud Services market was observed to be moderately concentrated in KSA. STC and Mobily leads the Data Center Market as well as Cloud services as the top player with most number of data centers. Cloud Services Market in KSA comprising various global and local cloud services operators with STC, SITE and Mobily being the most popular cloud services provider. Both Data Center and Cloud Services operators rely on collaboration among other market players to expand their business in KSA.

Companies in Data Center and Cloud Services Market in KSA are competing based on No. of Data Centers, Data Center Capacity, Uptime SLA, Tier Level, White Space Area, and Client Base & Services.

KSA Data center and cloud services market Future Outlook and Projections

The domestic and offshore funds are expected to diversify their portfolios and continue to invest in high yielding Data Centre assets and many global data center and cloud services providers are exploring opportunities to invest in KSA. All the major cloud providers are increasing their investments in the channel, both to leverage the consulting and managed services capabilities of partners, and to expand sales capacity to drive cloud consumption.

Over the near term, both Data Center and Cloud Services market are expected to grow at a double digit CAGR of 19.5% and 21.8% respectively owing to technological innovations and advancements, sustainable infrastructure, continuous investments and upcoming data center and cloud projects in the region.

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Key Segments Covered

KSA Data Center Market

By Type of Data Center

Co-Location Data Centers

Managed Data Centers

By Type of Co-Location Data Centers on the basis of Number of Racks

Wholesale Co-Location Data Centers

Retail Co-Location Data Centers

By Type of Clients

Domestic Clients

Global Clients

By Type of Tier Level

Tier II Data Centers

Tier III Data Centers

Tier IV Data Centers

By Region on the basis of Number of Racks

Riyadh

Jeddah

Dammam

Others

By Type of End Users

IT/ITes

Government

Telecom

Retail

Communication and Media

E-Commerce

Transport and Logistics

KSA Cloud Services Market

By Type of Cloud Services

Cloud Application Service (SaaS)

Cloud System Infrastructure Services (IaaS)

Cloud Application Infrastructure Service (PaaS)

By Type of Clients

Domestic Clients

Global Clients

By Type of End Users

IT/ITes

Healthcare

E-Commerce

Communication and Media

Telecom

Transport and Logistics

Government

Key Target Audience

Data Center Industry

Cloud Services Industry

Data Center Manufacturing Companies

Data Center Operators

Cloud Services Operators

Co-Location Providers

Uptime ranking association

Telecom Industry

IT/ITes Industry

Government Sector

Retail Sector

Transport and Logistics Companies

Time Period Captured in the Report:

Historical Period: 2016-2021

Forecast Period: 2021–2026F

Companies Covered:

Data Center Market

Nournet

Detasad

Mobily

STC

Salam

Gulf Data Hub

Nournet

DetaSad

Go DC

Gateway Gulf

Nashirnet

Cloud Service Market

STC

SITE

Mobily

Zain

SAP

Edarat

Detasad

Oracle

Key Topics Covered in the Report

KSA Data Center and Cloud Services Market Current vs Future Overview

Cross Comparison of Data Center Market in KSA with Other Countries

Supply Side Ecosystem of KSA Data Center and Cloud Services Market

Demand Side Ecosystem of KSA Data Center and Cloud Services Market

Government Regulations for the KSA Data Center and Cloud Services Market

Enablers and Growth Drivers in KSA Data Center Market

Major Challenges and Bottlenecks in KSA Data Center Market

Market Positioning Analysis of Data center and Cloud Service Providers

Cloud Services Delivery Model

End User Analysis of KSA Data Center and Cloud Services Market

Detailed Analysis on KSA Data Center (Market Size, 2016-2021; Market Segmentation; Market Shares; Competition; Future Market Size, 2026F)

Detailed Analysis on KSA Cloud Services (Market Size, 2016-2021; Market Segmentation; Market Shares; Competition; Future Market Size, 2026F)

For more information on the research report, refer to below link:

KSA Data Center and Cloud Services Market Outlook to 2026F

Related Reports

UAE Data Center and Cloud Services Market Outlook to 2026F – Driven by Rapid Digital Penetration along with Increasing Investments to meet the Rising Demand for Data Storage and Cloud Services

India Data Center and Cloud Services Market Outlook to 2025- Favorable Government Support and Data Localization Leading To Surge in Data Center Adoption

Indonesia Data Center and Cloud Services Market Outlook to 2024 - Implementation of Data Localization Law Leading To Surge in Localized Data Center Revenue

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