The Saudi Arabia Data Center Power Market size is estimated at USD 211.70 million in 2024, and is expected to reach USD 455.90 million by 2029, growing at a CAGR of 16.5% during the forecast period (2024-2029).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
The Saudi Arabian data center power market is competitive and has gained a competitive edge in recent years. In terms of market share, a few major players, such as ABB Ltd, Caterpillar Inc., Cummins Inc., Eaton Corporation, and Cisco Systems Inc., are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
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