Market Size of United Arab Emirates Data Center Storage Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 448.5 Million |
| Market Size (2029) | USD 818.70 Million |
| CAGR (2024 - 2029) | 12.80 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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United Arab Emirates Data Center Storage Market Analysis
The United Arab Emirates Data Center Storage Market size is estimated at USD 448.5 million in 2024, and is expected to reach USD 818.70 million by 2029, growing at a CAGR of 12.80% during the forecast period (2024-2029).
The United Arab Emirates (UAE) is one of the largest data center hubs in the Middle East. More data centers are planned to be constructed in the region. Upto USD 1 billion in additional investments are projected by 2026. In 2019, Microsoft Azure launched two cloud regions in Dubai and Abu Dhabi. With aggressive investments by the UAE government in cloud computing, competitive business laws, and a strong technological infrastructure, the ICT sector in the region is forecast to continue expanding in the years ahead, leading to major demand for data center storage.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the UAE data center market is expected to reach 840 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 5 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach over 250,000 units by 2029. Abu Dhabi is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are close to four submarine cable systems connecting the United Arab Emirates, and many are under construction. One such submarine cable that was estimated to start service in 2023 is with Omani service provider Omantel and du from Emirates Integrated Telecommunications Company (EITC), which has announced plans to link the UAE and Oman through a newly activated 275-kilometer international fiber optic submarine cable named the Oman Emirates Gateway (OEG).
