Data Center - Qatar

  • Qatar
  • Revenue in the Data Center market is projected to reach US$195.70m in 2024.
  • Network Infrastructure dominates the market with a projected market volume of US$126.90m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.76%, resulting in a market volume of US$259.00m 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

 
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Analyst Opinion

The Data Center market in Qatar has been experiencing significant growth and development in recent years.

Customer preferences:
Customers in Qatar are increasingly demanding high-quality and reliable data center services to support their growing digital infrastructure needs. They prioritize data security, scalability, and efficiency in their data center solutions.

Trends in the market:
One of the key trends in the Data Center market in Qatar is the increasing adoption of cloud services. Businesses are moving towards cloud-based solutions to enhance flexibility and reduce operational costs. This shift is driving the demand for data center services that can support cloud computing.

Local special circumstances:
Qatar's strategic geographic location and its efforts to diversify its economy away from oil have contributed to the growth of the Data Center market. The country's focus on becoming a regional hub for technology and innovation has attracted investments in data center infrastructure.

Underlying macroeconomic factors:
The government's investments in digital transformation initiatives and smart city projects have also played a significant role in driving the growth of the Data Center market in Qatar. These initiatives have increased the demand for data storage and processing capabilities, leading to expansion in the data center sector.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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