GCC Data Center Construction Market to Grow at a CAGR of 19.30% during 2024-2032
Data Center Construction Market in GCC 2024: How Big is the GCC Data Center Construction Industry? The GCC data center construction market size is projected to exhibit a growth rate (CAGR) of 19.30% during 2024-2032 . The market is growing rapidly, driven by digital transformation, increasing cloud adoption, and government initiatives. Market Statistics Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 19.30% (2024-2032) GCC Data Center Construction Market Trends and Drivers: The GCC data center construction market is being driven by the increasing demand for data and the need for advanced IT infrastructure. Key factors include regional initiatives like Vision 2030 and UAE Vision 2021, which prioritize digital transformation and smart city projects, fueling the need for state-of-the-art data centers. The growing adoption of cloud computing, big data analytics, and ...