Egyptian data center market
DUBLIN, April 24, 2024 (Globe Newswire) — The “Egypt Data Center Market – Investment Analysis and Growth Opportunities 2024-2029” report has been added. ResearchAndMarkets.com Recruitment.
Egypt data center market is expected to reach $513 million by 2029 from $182 million in 2023, growing at a CAGR of 18.85% from 2023 to 2029.
This report analyzes the data center market share in Egypt. Detailed analysis of existing and upcoming equipment and investments in IT, electrical, mechanical infrastructure, general construction, and strata standards. Market size and investment estimates for various segments are discussed.
Egypt's data center market is dominated by global IT infrastructure providers such as Arista Networks, Broadcom, Dell Technologies, Cisco Systems, Hewlett Packard Enterprise (HPE), Juniper Networks, and IBM. This has increased the availability of advanced IT infrastructure in the market.
This market has local and global construction contractors that have worked on several data center projects over the years. For example, in May 2023, REDCON Construction collaborated with his GPX Global Systems to expand the Cairo 2 data center owned by GPX. The company has been providing Tier IV data center project development services for Google subsidiaries.
Main highlights
Egypt's data center market is growing due to a variety of factors, including significant digitization, strong fiber connectivity, and increasing adoption of technologies such as AI. The market is starting to see the introduction of 5G network services, which will increase the demand for edge data centers in the coming years. In February 2024, Telekom Egypt and Ericsson announced the successful launch of his 5G network in various key locations of Egypt's new administrative capital.
Egypt's data center market is growing in fiber connectivity, with around 17 existing submarine cables connecting the Middle East, Africa and Europe. Approximately five submarine cables will be installed in the country over the next few years. Egypt is pursuing a sustainable energy future by implementing the 2035 Integrated Sustainable Energy Strategy. The goal is to increase the deployment of renewable energy sources, with a significant 42% of electricity generation coming from renewable sources by 2035.
Expanding investment opportunities in the Egyptian data center market is expected to attract several new entrants such as Africa Data Center, Gulf Data Hub, and Khazna Data Center, making the market more competitive in the coming years .
Technological advances with the introduction of AI, big data, and IoT will increase the demand for data centers and advanced infrastructure in the coming years. For example, 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 buy this study?
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Market size regarding investment, area, power capacity, and Egypt Colocation Market revenue are available.
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Assessing data center investments in Egypt by colocation, hyperscale and enterprise operators.
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Investments in total area (square feet) and power capacity (MW) of the nation's cities.
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Detailed study of the existing Egypt Data Center market status, detailed market analysis and insightful forecasts about the market size during the forecast period.
Answers to key questions
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How big is the Egyptian data center market?
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How many existing and upcoming data center facilities are there in Egypt?
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How many MW of electricity capacity will be added across Egypt between 2024 and 2029?
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What is the growth rate of the Egyptian data center market?
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What are the factors driving the Egyptian data center market?
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Who are the key investors in the Egyptian data center market?
Key attributes:
report attributes |
detail |
number of pages |
99 |
Forecast period |
2023-2029 |
Estimated market value in 2023 (USD) |
$182 million |
Projected market value to 2029 (USD) |
$513 million |
compound annual growth rate |
18.8% |
Target area |
Egypt |
Snapshot of existing and upcoming third-party data center facilities in Egypt
I. Target facilities (existing): 12
II. Identified facilities (future): 08
III.Coverage: 5+ cities
IV. Existing vs. Future (Area)
V. Existing and Future (IT Load Capacity)
Egypt data center colocation market
I. Colocation Market Revenue and Forecast (2023-2029)
II. Retail Colocation Pricing
Vendor scenery
IT infrastructure provider
Data center construction contractors and subcontractors
supporting infrastructure provider
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ABB
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caterpillar
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cummins
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delta electronics
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Eaton
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johnson controls
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Legrand
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Rittal
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rolls royce
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schneider electric
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Stulz
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Vertive
data center investor
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Etisalat
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GPX Global Systems
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Raya Data Center
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telecom egypt
new entrant
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African data center
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gulf data hub
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Kazuna Data Center
Existing vs. Future Data Center
Report scope
IT infrastructure
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server
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storage system
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network infrastructure
electrical infrastructure
mechanical infrastructure
cooling system
General construction industry
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Core and shell development
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Installation and commissioning service
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engineering and architectural design
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Fire detection and extinguishing system
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physical security
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Data Center Infrastructure Management (DCIM)
tier standard
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Tier I and Tier II
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Tier III
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Tier IV
For more information on this report, please visit https://www.researchandmarkets.com/r/mgq9kq.
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