The Middle East Data Center Construction Market size is estimated at USD 4.20 billion in 2024, and is expected to reach USD 15.90 billion by 2030, growing at a CAGR of 24.85% during the forecast period (2024-2030).
In the coming years, the Middle East region is expected to increase its investment in the data center market. Several factors are facilitating the expansion of data centers in the area. The smart city ambitions of the governments in the region are driving a shift in how modern communities are built. Cities of the future, supported by digital technologies, are expected to generate massive amounts of data. It is critical to optimize data capture, storage, and processing.
The Middle East data center construction market is fairly fragmented with the presence of significant players, such as Laing O’Rourke, McLaren Construction Group PLC, Turner & Townsend, James L Williams Middle East, and Alfanar Group.
In October 2023, CtrlS Datacenters, an Indian data center company, announced its ambitious investment plan of USD 2 billion. This investment, set to unfold over the next six years, is aimed at bolstering its presence across Asia and the Middle East. The company's strategy includes a significant expansion, with a target of adding 350 MW of AI and cloud-ready hyperscale data center capacity. This expansion will be implemented both in new facilities and as augmentations to its existing ones, which currently boast a capacity of 234 MW.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook