Growth of Oil & Gas and Mining Sectors Fuel Middle East & Africa Rugged Servers Market
Oil & gas and mining sectors have been experiencing significant growth in the US over the years. Oil & gas and mining are the two most attractive sectors from the technology developer's perspective, as these two industries are gaining strong traction for advanced technologies. The adoption of advanced technologies continues to prevail, with increasing attraction toward sophisticated and rugged data centers and servers. As oil & gas and mining sectors encounter harsh environments, which degrade the quality of traditional data centers and servers, the demand for rugged data centers and servers is increasing, fueling market growth.As modern technologies are becoming more connected and reliable, and with the evolution of the Internet of Things (IoT), companies in the oil & gas sector are seeking deployment of solutions beyond data centers, such as cloud-based servers, which are allowing them to gain productivity. This has raised the demand for ruggedized servers among companies in the oil & gas sector because of their smooth operability under harsh environmental conditions. Hence, the continuous growth in the oil & gas and mining sectors and the growing adoption of advanced technology in the above sectors to secure data are boosting the growth of the Middle East & Africa rugged servers market.
Various manufacturers are developing rugged servers for the oil & mining industry, combining operational and information technology. In January 2022, Cisco Systems, Inc. launched a new ruggedized Catalyst switch for industrial edge uses at utilities, railways, oil and gas facilities, and highway traffic flow and safety operations deployment. The new rack-mountable Catalyst Industrial Ethernet 9300 switch was built on Cisco's Catalyst 9000 series switches and used in multiple applications, including smart buildings and other industries. Such product development propels the adoption of rugged server technology in the oil & gas and mining industry.
Middle East & Africa Rugged Servers Market Overview
The Middle East's economy has traditionally depended on energy, oil, and gas resources, driving economic and national prosperity. Energy industries are experiencing significant growth in terms of investments due to the rising need for electricity generation. Investments in renewables increased by 19% in 2021 in the Middle East & Africa to US$ 12.8 billion. The two regions continued to grow for their concentrated solar power sector, which aims to concentrate the sun's energy using reflective devices, including mirror panels, to produce heat, which is used to produce electricity. The Middle East & Africa added probable 5.2 gigawatts of solar power capacity in 2021, up to 3%.Off-grid installations grew rapidly, and rooftop photovoltaics outside of regulatory schemes have progressed in many countries in the Middle East & Africa. As power plants are located in remote locations and harsh environments, the need for reliable computing solutions is increasing in the region. Thus, they need rugged servers to store the data securely. Therefore, with the rising energy sector in the Middle East & Africa, the demand for rugged servers is increasing.
The rising demand for oil and gas worldwide is raising the oil and gas exploration activities in the Middle East & Africa. For example, Petroleum Development Oman (PDO) completed its 1,500th well at the Nimr cluster, a groundbreaking achievement in the Sultanate of Oman. The rugged servers are widely used in the oil & gas industry for various applications, including monitoring and control systems, data acquisition, and communication systems, as they can be used in high temperatures and shock. Therefore, the demand for rugged servers is increasing in the industry.
Middle East & Africa Rugged Servers Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Rugged Servers Market Segmentation
The Middle East & Africa rugged servers market is categorized into type, end user, and country.Based on type, the Middle East & Africa rugged servers market is bifurcated into universal and dedicated. The dedicated segment held a larger market share in 2022.
In terms of end-user, the Middle East & Africa rugged servers market is categorized into aerospace, oil & gas, manufacturing, telecommunication, mining, energy, logistics, construction, and others. The oil & gas segment held the largest market share in 2022.
By country, the Middle East & Africa rugged servers market is segmented into South Africa
Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa rugged servers market share in 2022.Dell Inc, ZMicro Inc, MILTEC RUGGED COMPUTING SOLUTIONS LLC, and HEWLETT PACKARD ENTERPRISE CO are some of the leading companies operating in the Middle East & Africa rugged servers market.
Table of Contents
Companies Mentioned
- Dell Inc
- ZMicro Inc
- MILTEC RUGGED COMPUTING SOLUTIONS LLC
- HEWLETT PACKARD ENTERPRISE CO
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 72 |
Published | October 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 21.46 Million |
Forecasted Market Value ( USD | $ 29.11 Million |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 4 |