Jackdaniel28 Jan, 2025Other
The UAE Data Center Market is anticipated to grow at a CAGR of around 4.1% during the forecast period, i.e., 2021-26, says MarkNtel Advisors. The market growth ascribes to the mounting number of smart city development projects, coupled with rapid digitalization in government services. Additionally, 5G infrastructure deployment and expanding size of the commercial industry requiring to set up their data centers in the country shall further augment the market growth. The shift in the country's focus from being oil-dependent to becoming the regional IT hub is another crucial aspect likely to boost the demand for data centers in the UAE.
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