MIDDLE EAST AND AFRICA IMMERSION COOLING IN DATA CENTERS MARKET 2022-2028
MARKET OUTLOOK
Triton Market Research’s study on the immersion cooling in data centers market in the Middle East and Africa states that it is likely to witness growth with a CAGR of 14.12% in the forecast years from 2022 to 2028. South Africa, Morocco, the United Arab Emirates, Saudi Arabia, Kenya, Turkey, and Rest of Middle East & Africa together constitute the market in this region.
Tech giants like Amazon Web Services (AWS), Oracle, IBM, and others, are opening their data centers in the United Arab Emirates. For instance, in January 2020, IBM launched two data centers in the country to provide managed cloud services to companies based here. Further, in May 2021, Amazon Web Services (AWS) announced its plans to launch three data centers in the United Arab Emirates (UAE) in the first half of 2022. September 2021, Du, from the EITC, launched two new data centers across the nation equipped with next-generation digital infrastructure.
Additionally, as per Microsoft and other industry sources, more than 75% of employees in the UAE prefer to continue with flexible, remote working options. Therefore, companies are increasing their expenditure to develop a robust & secure cloud infrastructure. As a result, the rising cloud workloads and increase in data centers are creating demand for immersion cooling systems. This, in turn, is fostering the studied market’s growth in the UAE.
In Morocco, Inwi, Orange, Medasys, and N+ONE Datacenters are some of the eminent investors in data centers providing colocation and cloud services. In August 2019, Maroc Telecom, the largest telecommunication services operator in the country, signed a deal of $1 billion with the national government to develop a strong telecom infrastructure. With the growing investments, the adoption of immersion cooling systems is expected to grow in tandem with increase in data centers. This, in turn, will propel the growth of the Moroccan immersion cooling in data centers market in the coming years.
COMPETITIVE OUTLOOK
The dominant players in the immersion cooling in data centers market include Vertiv Group Corporation, Usystems Limited, Wiwynn, Midas Immersion Cooling, Asperitas, Iceotope Technologies Limited, Stulz GmbH, and Submer.
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