Riyadh’s AI Push to Lead Mideast Data Center Growth, JLL Says
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Saudi Arabia’s efforts to digitize its economy and become a hub for artificial intelligence will make Riyadh the leading market for data center growth in the Middle East over the next three years, according to real estate services firm Jones Lang LaSalle Inc.
The Saudi capital is set to increase its data center footprint, as measured in megawatts, by a “staggering” compound annual growth rate of 37% through 2027, JLL said in analysis shared with Bloomberg. That’s almost double the forecast for neighboring Dubai and Abu Dhabi and above the 15% expected globally.