Key Market Highlights: 

• Israel is among the major technological hubs in the Middle East region and is among the emerging data center markets in the region, aided by factors such as proximity to major markets such as the UAE, introduction of digital initiatives by the Israel government, increase in the presence of global cloud service providers among others. 
• The market is observing steady investments and is attracting new global operators to enter the market. For instance, in June 2022, the global colocation operator, Digital Realty, announced its entry into the Israel data center market after partnering with Mivne to develop a data center facility in Petah Tikva. 

• The top 3 data center operators in the Israel Data Center contribute to more than 40% of the installed IT Load capacity.