Publisher: Maaal International Media Company
License: 465734
The Saudi data center market is expected to grow by 193% over the next six years, rising from $1.33 billion in 2024 to approximately $3.9 billion by 2030, at a compound annual growth rate (CAGR) of 19.6%, according to a recent report by Research and Markets.
This accelerated growth reflects major investments from global technology companies such as Google, AWS, Microsoft, and Oracle, as well as the Kingdom’s focus on artificial intelligence and cloud computing technologies as part of Vision 2030.
The report highlights the role of major infrastructure projects such as NEOM and the LEAP Riyadh 2025 conference in boosting demand for data centers, along with the expansion of local companies such as Center3, Gulf Data Hub, and Mobily, and the entry of new operators such as DataVolt and Pure Data Centers. Riyadh, Jeddah, and Dammam are the main centers for growth in this sector, supported by competitive advantages including a strategic geographic location, low electricity tariffs, the availability of submarine cables, and advanced digital infrastructure.
The market currently includes 33 existing facilities, with 41 new facilities expected to be added in more than nine cities, strengthening Saudi Arabia’s position as an advanced digital hub in the region and increasing its attractiveness to global technology investments.
In a related context, Standard & Poor’s credit rating agency expects the Kingdom’s data center sector to witness rapid growth, driven by increasing demand for cloud services, smart cities, and intelligence, given that Saudi Arabia offers an attractive investment environment for digital infrastructure, combining low-cost land and abundant renewable energy.