Driven by digital transformation and increasing reliance on technology, the data center market in Morocco has ample growth potential in the coming years.
The shift in Consumer Preferences: Morocco's data center business expanded in recent years as a result of increased customer demand and data use. COVID-19 has accelerated the usage of data resulting in increased demand for bandwidth as well as storage capacities. The shift in consumer preferences toward social networking and online shopping has also increased the need for dependable data storage solutions. Additionally, big data, IoT, and cloud technology implementation and promotion are taking place in the nation.
Increasing Reliance on Technology and High Reliability: The pandemic has accelerated the adoption of digital technologies in Morocco, with the government introducing measures to control the spread of COVID-19 such as digital identity, COVID-19 contact tracing apps, and facial recognition software. Additionally, the data centers in Morocco are using redundant and advanced monitoring systems to ensure uptime and reliability. It is significant for mission-critical applications that must be available at all times.
Government Investment in Data Centers: The data center business in Morocco is developing with support coming from the Morocco government. For instance, Maroc Telecom received USD 1 billion from the Morocco government to develop telecoms infrastructure in the country. Data centers are becoming exponentially scalable with increasing volumes of data. Hyper-scale data centers can scale up quickly to meet the increasing demands. It also cuts down costs and reduces downtime.
Slow Internet Penetration and Balancing Cost Controls with Efficiency: Due to poor internet speeds and limited internet adoption, Morocco lacks a sizable base of wealthy clients. Also, in data centers, maintaining great efficiency while keeping costs down is incongruous. The datacenter administration calls for strict cost control in addition to ensuring the facility's effectiveness, creativity, and adaptability. Additionally, the roll-out of the data centers at scale in Morocco in 2020 has been significantly delayed, which reduces the amount of available data storage capacity.
Analysts at Ken Research in their latest publication “Morocco Data Center Market Outlook to 2027F - - Demand for Low Cost Data Centers along with Higher Capacity is expected to grow in the near future” observed the potential of the Data Protection Market in Morocco. The increasing reliance on technology, rising investment to expand Capacity, digital transformation along with government incentives are expected to contribute to the market growth over the forecast period. The Morocco Data Center Market is expected to grow at 8.1% CAGR over the forecasted period 2022-2027F.
Key Segments Covered:-
Morocco Data Center Market
By Vertical
Co-Location
Managed
By Co-Location
Retail
Wholesale
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By Type of End User
Telecom and IT
BFSI
Government
E-Commerce
Others
Key Target Audience:-
Data Center Companies
Cloud Providers (Domestic and Global)
Managed Data Center Companies
Co-Location Data Center Companies
Private Equity and Venture Capitalist
Industry Associations
Data Center Constructors
Technology Providers
Time Period Captured in the Report:-
Historical Year: 2017-2022
Base Year: 2022
Forecast Period: 2022– 2027F
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Companies Covered:-
N+One Data Center
INWI
Atlas Cloud Services Data Center/ Benguerir Data Center
Maroc Telecom
Etix Data Center
Maroc Datacenter (Medasys)
Cires Telecom
Hostoweb
Key Topics Covered in the Report:-
Market Overview and Genesis of Morocco Data Center Market
Business Cycle and Timeline of Morocco Data Center Market
Market Size Analysis of Morocco Data Center Market, 2017-2022
Segmentation of Morocco Data Center Market, 2022 (by Vertical, By Co-Location, By Type of End Users)
SWOT Analysis of Morocco Data Center Market
Regulation in Morocco Data Center Industry
Challenges and Bottlenecks in Morocco Data Center Market
Trends and Developments in Morocco Data Center Industry
COVID Impact on the Morocco Data Center
Competition Framework of Morocco Data Center Market
Future Market Size Analysis of Morocco Data Center Market, 2022-2027F
Future Market Segmentation Analysis of Morocco Data Center Market, 2027F
Case Study of China Telecom Corporation Limited
Analyst Recommendations
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