This October, W.Media is bringing back the Dubai Cloud & Datacenter Convention and Awards, an exclusive day-long convention, that will see participation from over 1,000 of the crème de la crème of the data center industry.
These include experts and thought leaders, including C-level executives, digital infrastructure professionals including architects, engineers and consultants (AECs), key buyers, decision makers, data center owners and operators. The Dubai Cloud & Datacenter Convention and Awards 2024 will be held at Conrad Dubai on October 22nd.
Snapshot of the Data Center Market
The cloud and data center market in the Middle East is growing and evolving rapidly, and the United Arab Emirates (UAE) is at the forefront of the region’s digital transformation given its early adoption of technology, passion for innovation and favourable regulatory environment.
According to Arizton Advisory & Intelligence, the UAE data center market was valued at US$ 1.5 billion in 2023, and is expected to reach US$ 2.65 billion by 2029, growing at a Compounded Average Growth Rate (CAGR) of 9.95 percent during the forecast period.
Meanwhile, Mordor Intelligence estimates the IT capacity of the industry in the UAE to be 429.3 MW and expects it to reach 841 MW by 2029, growing at a CAGR of 14.39 percent. It further expects the market to generate colocation revenue of USD 5,575 Million in 2024, and say that this figure is projected to reach USD 12,897.9 Million by 2029, growing at a CAGR of 18.26% during the forecast period (2024-2029).
Dubai has been the uncrowned queen of this market. In its Data Centers | The MENA Report, Knight Frank sheds light on Dubai’s journey saying, “The creation of the Dubai Internet City (DIC) in October 2000 played a pivotal role in attracting innovative technology companies to the country. This influx served to emphasise the vital role of data centres in future business growth, and so data centre investment and development started to meet rising demand. Subsequent government initiatives, including tax incentives and regulatory frameworks, further encouraged the industry’s growth.” It goes on to say, “During the 2010s, international data centre providers started entering the market, enhancing the quality and global connectivity of data centre services. Ambitions, of both Dubai and Abu Dhabi, to become global technology and business hubs have meant additional government support more recently. This, coupled with a focus on sustainability and innovation, is solidifying the UAE’s position as a major data centre market.”
What to expect at Dubai Cloud & Datacenter Convention and Awards 2024
The day long convention will include several power-packed panel discussions, where the best and brightest minds in the industry will share their ideas on important subjects such as the impact of Artificial Intelligence (AI), need for innovation in cooling technology, hyperscale expansion, cybersecurity, evolution of cloud services, future of Edge data centers, etc. The day long convention will culminate in a glittering awards ceremony where we recognise the best projects and most inspiring people from this vibrant industry.
Come join us at The Conrad on October 22nd, 2024, for the Dubai Cloud & Datacenter Convention and Awards. If you haven’t booked your passes yet, hurry! Click here to register, and learn more about the agenda, speakers, schedule, and session information.
For sponsorship, exhibition and further involvement opportunities, get in touch at [email protected]