Data Center - Jordan

Jordan

Revenue in the Data Center market is projected to reach US$130.20m in 2024.
Network Infrastructure dominates the market with a projected market volume of US$78.58m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 6.41%, resulting in a market volume of US$177.60m by 2029.
In global comparison, most revenue will be generated in the United States (US$123.20bn in 2024).

Key regions: United States, Germany, India, Japan, China

Definition:

The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.

Structure:

The Data Center market is structured in three markets based on the services model provided by the companies.

The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.

Additional Information:

The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

The Data Center market in Jordan is experiencing minimal growth, influenced by factors such as limited investments in Servers, Storage, and Network Infrastructure, as well as the slow adoption of digital technologies. Additionally, the lack of awareness and convenience of online services may also impact the market's growth rate.

Customer preferences: As the demand for digital services continues to grow in Jordan, so does the need for reliable data centers. This trend is driven by the increasing adoption of cloud computing and the rise of e-commerce, as businesses and individuals seek secure and efficient ways to store and manage their data. Additionally, the growing use of smart devices and internet-connected technologies has also led to a surge in data consumption, further fueling the demand for data centers in the country.

Trends in the market: In Jordan, the Data Center Market is experiencing a surge in demand due to the rapid digitization of businesses and increasing adoption of cloud computing. This trend is expected to continue as more companies shift towards data-driven operations and require robust infrastructure to support their operations. Additionally, the government's initiatives to promote data center investments in the country are further fueling this growth. As a result, industry stakeholders are focusing on expanding their data center capacities and investing in advanced technologies to meet the rising demand. This trend is significant as it not only supports the country's digital transformation but also presents opportunities for data center providers and related industries. However, it also poses challenges such as the need for skilled professionals and potential security risks. Therefore, it is crucial for stakeholders to stay updated on the latest trends and technologies to stay competitive in this evolving market.

Local special circumstances: In Jordan, the Data Center Market is heavily influenced by the country's strategic location in the Middle East, making it a hub for international connectivity and data exchange. The government has also implemented policies to attract foreign investments in the market, resulting in the establishment of several data centers by global players. Additionally, the country's advanced telecommunications infrastructure and growing adoption of cloud computing are driving the demand for data center services.

Underlying macroeconomic factors: The Data Center Market in Jordan is heavily influenced by macroeconomic factors such as the country's stable economic growth, government initiatives to attract foreign investments, and the increasing demand for digital transformation in various industries. Furthermore, Jordan's strategic location in the Middle East region makes it an ideal location for data center operations, with easy access to international markets. The country's growing IT sector and strong government support for digital infrastructure development also contribute to the growth of the data center market. Additionally, the rising adoption of cloud computing and the increasing need for data storage and management are further driving the demand for data centers in Jordan.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.