Although it is new, the Moroccan data center market is set to experience fairly sustained growth in the coming years. French firm Reportlinker expects average annual growth of 6% through 2026.
Migration to the cloud, via data centers, is a key element of digital sovereignty and a necessary step in the digital transformation process. In full start in Morocco, the data center market should experience an average annual growth of 6% to reach 328 million dollars of investments by 2026, according to a report by the French firm Reportlinker.
According to the authors, it is therefore one of the continent’s fastest growing markets. The report, entitled “Morocco Data Center Market – Investment Analysis & Growth Opportunities 2021-2026”, ranks the Kingdom as one of the most important FinTech hubs in the region. They also recall that Morocco is positioned better than other African countries such as Kenya, South Africa and Namibia in the “Ease of Doing Business” index of the World Bank. An asset which makes the Kingdom an attractive country for investments in this market. All the more, underline the authors, that Morocco is witnessing the massive and sustained deployment of technologies such as cloud, IoT and big data.
The Covid-19 pandemic has been a significant growth catalyst for this market, with many companies migrating their workloads to the cloud. Therefore, demand in this segment is strong and any investment in this market is welcome. Recall that, to date, the data center market has five data center service providers operating approximately 9 facilities. Thus, in August 2019, Maroc Telecom announced an agreement with the government to invest more than one billion dollars in the development and improvement of telecommunications infrastructure over the next three years.
In addition, some of the major data center investors in the country are Orange, N+ONE Datacenters, Inwi and Medasys, which provide colocation and cloud services across the country. Finally, last February, the Mohammed VI Polytechnic University of Benguerir (UM6P) opened its new datacenter to host one of the most powerful supercomputers in Africa, the Toubkal.