Saudi Arabia: Existing & Upcoming Data Center Portfolio

Key Market Highlights:

• In the Saudi Arabia Data Center Market, Mobily and Saudi Telecom Companies cover more than 75% of the rack capacity in the market.
• Regarding geography, Jeddah and Riyadh contribute more than 50% of the existing white floor area in the Saudi Arabia Data Center Market.
• Quantum Switch Tamasuk (QST), a Joint Venture (JV) between Quantum Switch, a UK-based data center firm, and Tamasuk, the Saudi Arabia-based infrastructure company, signed a deal with the Saudi Arabian Ministry of Communications and Information Technology (MCIT) to develop new data centers across the country with a power capacity of around 300 MW by 2026.
• Several global cloud companies such as Google, Microsoft, Oracle Cloud, and Huawei Cloud have either entered or planned to enter the market. The entry of several cloud operators in the market will increase the demand for wholesale capacity in the country.
• Saudi Arabia receives data center investments from colocation operators and enterprise data centers, building their facilities and colocating workloads. This unique proposition puts the country in a strong position to grow significantly in the coming years.