The Qatar data center market size reached US$ 159.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 254.9 Million by 2032, exhibiting a growth rate (CAGR) of 5.18% during 2024-2032. The market in Qatar is majorly driven by the increasing internet penetration, the rising demand for cloud services, government digital transformation initiatives, the growing adoption of IoT and big data analytics, rapid expansion of multinational corporations, and continual technological advancements in data center infrastructure.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Size in 2023 | US$ 159.6 Million |
Market Forecast in 2032 | US$ 254.9 Million |
Market Growth Rate (2024-2032) | 5.18% |
Increasing number of companies switching to cloud-based solutions
The increasing migration of enterprises to cloud-based solutions stands as a principal catalyst for growth within the data center market. Concurrently, the expanding prevalence of remote work among employees, facilitated by Internet and IoT technologies for seamless data transmission between home environments and central offices, constitutes another pivotal factor driving market evolution. Forecasts indicate substantial growth in the data center sector, primarily attributed to the heightened intricacy necessitated by scalability requirements. The rise in cloud adoption precipitates a commensurate rise in data generation, thereby amplifying the demand for data processing and storage capacities. Moreover, the growing adoption of advanced cloud computing solutions in emerging economies augments the expansion of the data center market throughout the forecast period.
Rising internet adoption and information technology services
The availability of bandwidth, low-cost data plans, and more awareness have all contributed to the rapid growth of internet usage in rural areas. The most significant factors for internet penetration include proximity to fiber landing stations and a consistent and reliable power supply. In recent years, however, electrical reliability has improved, notably in large states. With local government support, the expansion of the data center industry is recognized for its significant economic impact and future investment potential. Consequently, the government is actively promoting the construction of data centers, ensuring the availability of alternative sites with adequate power supplies and encouraging the use of renewable energy sources. Information technology services are being applied in various industries, including telecommunications, entertainment, banking, manufacturing, and healthcare, and they are changing global business practices.
Rapid expansion of the market for hyper-converged infrastructure
The Qatar data center market is witnessing rapid expansion, particularly in the domain of hyper-converged infrastructure (HCI). HCI hardware, known for its high energy consumption, necessitates efficient energy management solutions to mitigate operating costs. Consequently, there is a growing demand for energy-efficient systems and devices among HCI suppliers. Furthermore, there is an increasing inclination among firms towards collaborative cloud solutions. The data center sector is experiencing significant momentum, offering numerous lucrative opportunities for both established and emerging companies. The data center industry in Qatar is poised for substantial growth, driven by the rising adoption of hybrid and multi-cloud architecture solutions, alongside the proliferation of the Internet of Things (IoT).
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, type, enterprise size, and end user.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes solution and services.
Type Insights:
A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes colocation, hyperscale, edge, and others.
Enterprise Size Insights:
The report has provided a detailed breakup and analysis of the market based on the enterprise size. This includes large enterprises and small and medium enterprises.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes BFSI, IT and telecom, government, energy and utilities, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Ad Dawhah, Al Rayyan, Al Wakrah, and Others
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Components Covered | Solution, Services |
Types Covered | Colocation, Hyperscale, Edge, Others |
Enterprise Sizes Covered | Large Enterprises, Small and Medium Enterprises |
End Users Covered | BFSI, IT And Telecom, Government, Energy and Utilities, Others |
Regions Covered | Ad Dawhah, Al Rayyan, Al Wakrah, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request |