Market Size of Saudi Arabia Data Center Networking Industry
| Study Period | 2018-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.34 Billion |
| Market Size (2029) | USD 0.71 Billion |
| CAGR (2024 - 2029) | 15.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Data Center Networking Market Analysis
The Saudi Arabia Data Center Networking Market size is estimated at USD 0.34 billion in 2024, and is expected to reach USD 0.71 billion by 2029, growing at a CAGR of 15.5% 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.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the Saudi Arabia data center rack market is expected to reach 850 MW by 2029. Saudi Arabia's electricity consumption increased by 4.23% year-on-year to 301,600 gigawatt hours (GWh) in 2021, compared to 289,330 GWh in 2020.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 3.4 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach 1,70,000 units by 2029. Riyadh is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are more than 10 submarine cable systems connecting Saudi Arabia, and many are under construction.
