The "Egypt Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Egypt data center market is expected to reach ...
DUBLIN: The "Egypt Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.
The Egypt data center market is expected to reach a value of $513 million by 2029 from $182 million in 2023, growing at a CAGR of 18.85% from 2023-2029.
This report analyses the market share of Egypt's data center. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.
The Egypt data center market is dominated by several global IT infrastructure providers, such as Arista Networks, Broadcom, Dell Technologies, Cisco Systems, Hewlett Packard Enterprise (HPE), Juniper Networks, and IBM. This has led to increased availability of advanced IT infrastructure in the market.
The market has the presence of local and global construction contractors who have catered to several data center projects over the years. For instance, in May 2023, REDCON Construction collaborated with GPX Global Systems to expand the Cairo 2 data center, owned by GPX. The company has provided services for developing a Tier IV data center project for a Google subsidiary.
KEY HIGHLIGHTS
The Egypt data center market is witnessing growth due to various factors, such as significant digitalization, strong fiber connectivity, and the growing adoption of technologies such as AI. The market has started witnessing 5G network service deployments, which will drive the demand for edge data centers in the coming years. In February 2024, Telecom Egypt and Ericsson announced the successful launch of 5G networks across different key locations in Egypt's new administrative capital.
The Egypt data center market is growing in fiber connectivity, with around 17 existing submarine cables connecting the Middle East, Africa, and Europe. In the coming years, around five submarine cables will live in the country. Egypt is pursuing a sustainable energy future by implementing its 2035 Integrated Sustainable Energy Strategy. The objective is to increase the adoption of renewable energy sources to achieve a significant 42% of electricity generation from renewables by 2035.
The growing investment opportunities in the Egypt data center market have attracted several new entrants, such as Africa Data Centres, Gulf Data Hub, and Khazna Data Centers, which are expected to increase the market's competitiveness in the coming years.
Technological advancements, with AI, big data, and IoT adoption, will boost the demand for data centers and advanced infrastructure in the coming years. For instance, in December 2023, the Minister of Communications and Information Technology and the National Council for Artificial Intelligence decided to develop the second phase of the National Strategy for Artificial Intelligence.
WHY SHOULD YOU BUY THIS RESEARCH?
KEY QUESTIONS ANSWERED
Key Attributes:
Report Attribute | Details |
No. of Pages | 99 |
Forecast Period | 2023 - 2029 |
Estimated Market Value (USD) in 2023 | $182 Million |
Forecasted Market Value (USD) by 2029 | $513 Million |
Compound Annual Growth Rate | 18.8% |
Regions Covered | Egypt |
Snapshot of existing and upcoming third-party data center facilities in Egypt
I. Facilities Covered (Existing): 12
II. Facilities Identified (Upcoming): 08
III. Coverage: 5+ Cities
IV. Existing vs. Upcoming (Area)
V. Existing vs. Upcoming (IT Load Capacity)
Data Center Colocation Market in Egypt
I. Colocation Market Revenue & Forecast (2023-2029)
II. Retail Colocation Pricing
VENDOR LANDSCAPE
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
New Entrants
EXISTING VS. UPCOMING DATA CENTERS
REPORT COVERAGE
IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
General Construction
Tier Standard
For more information about this report visit https://www.researchandmarkets.com/r/kvdvoj
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Fonte: Business Wire
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