The Saudi Arabia Data Center Rack Market reached a volume of 64,803 in the previous year, and it is further projected to register a CAGR of 17.5% during the forecast period. 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/region.
Saudi Arabia's Data Center Rack market is fairly fragmented and has gained a competitive edge in recent years. Few major players, such as Dell Technologies Inc., Eaton Corporation Plc., and Hewlett Packard Enterprise Co., currently dominate the market. These major players with a prominent market share focus on expanding their customer base across the region. These companies leverage strategic collaborative initiatives and innovations to increase their market share and profitability.
In October 2022, Eaton announced the launch of its Open Compute Project (OCP) Open Rack v3 (ORV3) compatible solutions. It is purpose-built and preconfigured with a focus on the efficient and scalable delivery of critical power for their data centers seeking to deploy ORV3 racks. The rack will be distributed worldwide, including in Saudi Arabia.
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