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Kuwait City has emerged as a strategic location for data center development, with major operators such as Ooredoo and Zajil Telecom setting up facilities here.

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Kuwaiti data center market

Kuwaiti data center marketKuwaiti data center market

Kuwaiti data center market

Dublin, August 9, 2024 (GLOBE NEWSWIRE) — The report “Kuwait Data Center Market – Investment Analysis & Growth Opportunities 2024-2029” has been added to The Offer.

The data center market in Kuwait was valued at $177 million in 2023 and is expected to reach $340 million by 2029, growing at a compound annual growth rate of 11.49%.

This report analyzes the data center market share in Kuwait. It extensively analyzes the existing and future facilities and investments in IT, electrical and mechanical infrastructure, general construction, and tier standards. It discusses the market size and investment estimation for various segments.

KEY HIGHLIGHTS

  • Kuwait City has become a strategic location for data center development. Major operators such as Ooredoo and Zajil Telecom have located their facilities there. Leading colocation providers are expanding their presence. Gulf Data Hub is planning around three facilities in Kuwait City, each with around 7,400 square meters of IT space.

  • The entry of Gulf Data Hub, Omniva and Khazna Data Centers is leading to significant growth in the Kuwait data center market. For example, in May 2023, Emirati company Khazna Data Center announced plans to build up to 20 data centers in Kuwait and Saudi Arabia to meet the increasing demands for data services. In addition, Omniva planned to set up AI-focused GPU data centers using advanced immersion cooling solutions in July 2023.

  • Kuwait’s extensive network of submarine cables facilitates connectivity and encourages data center investment. Existing cables include FALCON, Fiber Optic Gulf (FOG) and the Gulf Bridge International Cable System (GBICS). In addition, the 2Africa submarine cable, expected to come online in 2024, will enhance regional connectivity with a planned capacity of up to 180 Tbps.

  • The presence of major cloud service providers such as Amazon Web Services, Microsoft, Oracle and Google is strengthening the country’s data center market. In January 2023, Google Cloud announced plans to open a new cloud region in the country to support the digital transformation of local companies such as Alshaya Group and the Government of Kuwait.

KEY REPORTING FEATURES

  • The market size in terms of investment, area, power capacity, and revenue from the Colocation market in Kuwait is available.

  • An assessment of data center investments in Kuwait by colocation and enterprise operators.

  • Investments in area (square feet) and power capacity (MW) at various locations in the country.

  • A detailed study of the Kuwait Data Center market landscape, providing thorough market analysis and insightful predictions about the industry size during the forecast period.

  • Snapshot of existing and future third-party data center facilities in Kuwait

    • Covered facilities (existing): 6

    • Identified facilities (upcoming): 7

    • Coverage: 2+ locations

    • Existing vs. Coming (range)

    • Existing vs. future (IT load capacity)

    • Data center colocation market in Kuwait

    • Market Revenue and Forecast (2023-2029)

    • Prices for colocation in retail

  • Investments in the Kuwait data center market are segmented into IT, power, cooling and general construction services with sizing and forecasting.

  • A comprehensive analysis of the latest trends, growth rates, potential opportunities, growth restraints and prospects for the industry.

  • Business overview and product offerings of well-known IT infrastructure providers, contractors, supporting infrastructure providers and investors active in the industry.

  • A transparent research methodology and analysis of the demand and supply aspects of the industry.

Provider landscape

  • Major investors in the Kuwaiti data center market include Ooredoo, Kuwait Telecommunication Company, Zain and Zajil Telecom.

  • The country’s data center market also saw the entry of colocation operators and cloud providers such as Agility, Gulf Data Hub, Google, Khazna Data Centers and Zeuus Data Centers.

  • The country’s contractors have a global and local presence, supplying major market players including AECOM, EGEC, Marafie Group and Egis.

IT infrastructure provider

Data center contractors and subcontractors

  • AECOM

  • EGEC

  • Marafie Group

  • Egis

Support infrastructure provider

  • ABB

  • Airedale

  • Alfa-Laval

  • caterpillar

  • Cummins

  • Eaton

  • Honeywell International

  • Johnson Controls

  • Legrand

  • Rittal

  • Schneider Electric

  • STULZ

  • Vertiv

Data center investors

Newcomers

  • agility

  • Gulf Data Center

  • Google

  • Khazna Data Centers

  • Zeuus Data Centers

EXISTING VS. FUTURE DATA CENTERS

ANSWERED TO THE MOST IMPORTANT QUESTIONS:

  • How much is investment in the Kuwaiti data center market expected to grow?

  • How many data centers have been identified in Kuwait?

  • What is the growth rate of the data center market in Kuwait?

  • What are the driving factors for the data center market in Kuwait?

  • Who are the major investors in the data center market in Kuwait?

Main features:

Report Attribute

Details

Number of pages

100

Forecast period

2023 – 2029

Estimated market value (USD) in 2023

177 million US dollars

Projected market value (USD) until 2029

340 million US dollars

Average annual growth rate

11.4%

Regions covered

Kuwait

Main topics covered:

1. Existing and future third-party data centers in Kuwait
1.1. Historical market scenario
1.2. 5+ unique data center features
1.3. IT load capacity of the data center
1.4. White floor area of ​​the data center
1.5. Existing and future data center capacity by city
1.6. Cities covered
1.6.1. Kuwait City
1.6.2. Other cities
1.7. List of upcoming projects in Kuwait

2. Investment opportunities in Kuwait
2.1. Microeconomic and macroeconomic factors for Kuwait
2.2. Investment opportunities in Kuwait
2.3. Investments by region
2.4. Investments by power capacity

3. Data Center Colocation Market in Kuwait
3.1. Colocation services market in Kuwait
3.2. Prices for retail colocation

4. Market dynamics
4.1. Market drivers
4.2. Market trends
4.3. Market restrictions

5. Market segmentation
5.1. IT infrastructure: market size and forecast
5.2. Electrical Infrastructure: Market Size and Forecast
5.3. Mechanical Infrastructure: Market Size and Forecast
5.4. Breakdown of construction costs
5.5. General construction services: market size and forecast

6. Level Standard Investment
6.1. Level I and II
6.2. Level III
6.3. Level IV

7. Key market participants
7.1. IT infrastructure providers
7.2. Contractor
7.3. Support infrastructure providers
7.4. Data center investors
7.5. New participants

For more information about this report visit https://www.researchandmarkets.com/r/i6vvt2

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