Technology
Data Storage Market Will Hit CAGR of 14.4% from 2015 to 2025

By Dipo Olowookere
The data storage market is classified into two broad categories: consumer data storage devices and enterprise data storage. Consumer data storage devices include hard disk drives and USB flash drives are used for storing personal data of consumers. Enterprise data storage includes products and services designed for assisting enterprises with cost effective digital information storage solutions. Continuous advancements in information and social technology is one of the primary factors driving growth of the Middle East data storage market currently.
Report Synopsis
Future Market Insights offers a 10-year forecast of the Middle East data storage market between 2015 and 2025. The report considers 2014 as the base year and provides data for the trailing 12 months. In terms of value, the Middle East data storage market is expected to register a CAGR of 14.4% during the forecast period.
Report Description
This research report includes a detailed analysis of the Middle East data storage market for identifying the factors contributing towards growth of the market across different verticals. This study demonstrates the market dynamics and trends in the Middle East regions, which are expected to influence the current nature and future status of the data storage market during the forecast period. A detailed analysis of the value chain further empowers clients to formulate strategies for every stage of their business. The report has been segmented by application into consumer data storage devices and enterprise data storage, on the basis of vertical and end user.
Advancements in information and social technology have paved the way for unabated data growth, which is one of the primary factors contributing to the rise in adoption of advanced enterprise data storage solutions globally. Additionally, small and medium-sized business (SMBs) have begun to leverage actionable information from Big Data and Internet of Things (IoT) enabled devices. Due to this, data storage vendors are introducing latest portfolio of hybrid cloud data protection solutions, in order to offer SMBs as an affordable disaster recovery solution.
This report also includes FMI’s analysis of the key trends, drivers, and restraints that are influencing growth of the Middle East data storage market. The weighted average model is leveraged to identify the impact of the key growth drivers and restraints across various geographies, in order to help clients achieve a categorical view of the market. This report covers trends that are driving each segment and offers analysis and insights regarding the potential of the data storage market in the Middle East regions. The GCC region includes the following countries: UAE, Kuwait, Saudi Arabia, Oman, Qatar and Bahrain; while the Levant region includes Turkey, Israel, Egypt, Lebanon, Jordan and Cyprus. The report also provides key regulations, trends, list of distributers and retailers, and business models followed by key players across each country (mentioned above).
On the basis of consumer data storage devices, the market is segmented into Hard Disk Drive (HDD), Solid State Drives (SSD), memory cards, optical disk and USB flash drives. The Middle East data storage market is categorised further under the enterprise data storage application segment into flash storage and hard disk, cloud based storage, software defined storage and hyper-converged infrastructure. The report also classifies the data storage market by end user (commercial and residential) and vertical (BFSI, healthcare, government, telecom and IT, defence and aerospace, education and other). The report presents a detailed analysis of each segment in terms of market value (US$ Mn). Additionally, it analyses volume (thousand units) contribution by the consumer data storage devices segment, covered under the scope of the Middle East data storage market. In addition to this, a detailed analysis covering the key market trends, absolute dollar opportunity and BPS analysis of the various segments has also been presented.
Given the ever-fluctuating global economy, the report not only forecasts the market on the basis of CAGR, but also analyses the impact of the key parameters for each year over the forecast period. This helps the clients to understand the predictability of the market and to identify the right growth opportunities in the market during the forecast period. Also, a significant feature of this report is the analysis of all vital segments in terms of absolute dollar opportunity. The absolute dollar opportunity is critical in assessing the level of revenue opportunity in the market.
The final section of the data storage market report includes competitive landscape, which is aimed at presenting the client with a dashboard view of the overall market, based on the categories of providers in the value chain, product portfolios, and key differentiating factors. This section is important for gleaning insights about the participants in the market’s ecosystem. Additionally, it enables identification and evaluation of key competitors based on the in-depth assessment of their capabilities and successes in the marketplace. The report includes comprehensive profiles of the providers to evaluate their long-term and short-term strategies, key offerings and recent developments. Key competitors covered in this report include IBM Corporation, Microsoft Corporation, VMware, Inc., Hewlett Packard Enterprise Co., NetApp Inc., Open Text Corp., Sandisk Corporation, Hitachi Data System Corporation, EMC Corporation and Nexenta Systems, Inc.
Research Methodology
In order to evaluate the market size, revenue generated by the data storage vendors has been taken into consideration. Average selling price of each product included as a part of the consumer data storage devices across each country of the Middle East region was considered for estimating market revenue across respective regions. Moreover, market estimates have been analysed keeping in mind different factors, including technology, environment, economic, legal and social. In order to provide correct market forecast statistics, the current market was sized as it forms the basis of the data storage market during the forecast period. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of data, including secondary research, primary research and data from paid databases. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research. Secondary research includes the key players’ product literature, annual reports, press releases and relevant documents, recent trade journals, technical writing, Internet sources, trade associations, agencies and statistical data from government websites. This collated data from primary and secondary data sources is then analysed by the in-house research panel using market research statistical tools.
Technology
Meta Expands Business Agent to Instagram, WhatsApp, Messenger
By Aduragbemi Omiyale
The reach of the Meta Business Agent is being expanded to Instagram and other platforms of the social media giant.
Meta Business Agent is an artificial intelligence (AI) that allows business owners to attend to customers’ needs with ease.
Customers expect instant responses, but no team can be everywhere at once. This innovation handles such without hassles.
It helps businesses to answer questions specific to the business, makes product recommendations from the catalogue, books appointments, qualifies incoming leads, and closes sales.
More than one million businesses are already using a Meta Business Agent on WhatsApp and Messenger to respond to customers around the clock.
“We’re now expanding our Business Agent to businesses big and small globally, so within minutes you can have yours up and running, responding in your customer’s local language using your tone,” Meta said in a statement.
“We’re also expanding these agents to Instagram since businesses connect with their customers there, too. Businesses can activate their Business Agent here. Getting started with the Business Agent is free. In the coming months, businesses will access the agent through our paid subscription offerings, with options for businesses of every size,” it added.
Meta also stated that it is making it simpler for people to discover businesses powered by a Meta Business Agent directly on WhatsApp. It noted that starting soon, people will be able to find businesses by typing their name in the Search bar, or by sharing their phone number or contact card in chats with friends and family. This way, when more customers reach out, they get a quick, helpful response.
Technology
Lagos Eyes 250MW Data Centre Capacity by 2030
By Adedapo Adesanya
The Lagos State government plans to expand the city’s data centre capacity to over 250 megawatts (MW) by 2030 as part of efforts to strengthen its digital infrastructure ecosystem.
This was disclosed by the state’s Commissioner for Innovation, Science, and Technology, Mr Olatubosun Alake, at the launch of the Kasi Cloud LOS1 data centre facility in Lekki. Nigeria Sovereign Investment Authority (NSIA) invested in Kasi Cloud through an $8 million convertible loan note in 2021.
Mr Alake said Lagos already hosts nearly three-quarters of Nigeria’s commercial data centre capacity, adding that the government intends to expand its infrastructure footprint significantly over the next five years.
“There are about 146 additional megawatt data centres planned in the pipeline,” he said. “We envisage that by 2030, we would have over 250 megawatts of data centre capacity in Lagos, three times the current capacity growth.”
The expansion comes as demand for cloud services, AI computing power, and local data storage continues to grow across Nigeria’s digital economy, with Lagos at the forefront, housing thousands of businesses and startups.
Mr Alake said the Kasi Cloud facility represents Lagos’ entry into “large-scale hyperscale AI infrastructure,” signalling the state’s ambition to evolve beyond being known primarily as a startup hub into a major centre for digital infrastructure and AI computing.
“Lagos is no longer simply a startup city,” he said. “It is an infrastructure city.”
The Kasi LOS1 facility is designed as a 40MW hyperscale data centre campus, beginning operations with an initial 7.2MW IT load.
According to Mr Alake, the facility includes advanced GPU computing infrastructure powered by Nvidia H100 and H200 chips, alongside liquid cooling systems and cloud infrastructure services designed to support AI workloads.
The Lagos State government believes such infrastructure will become critical as AI adoption accelerates globally.
Mr Alake said the state is investing in fibre optic networks, smart city technologies, university innovation programmes, and digital government systems to prepare for the transition.
“The AI economy is going to require hundreds of megawatts,” he said. “The market has already made its decision about where digital infrastructure belongs.”
On his part, Mr Johnson Agbogun, co-founder and chief executive officer of Kasi Cloud, said the project was built to reduce Nigeria’s dependence on foreign cloud infrastructure and give African businesses more control over how their data and AI systems are developed.
“Nigerian enterprises are currently spending $850 million every year on foreign cloud infrastructure,” he said. “Every naira spent abroad on cloud and AI infrastructure helps build capabilities somewhere else.”
He added that the facility runs GPU-powered AI workloads from local enterprises and described the Lekki campus as “the beginning of Nigeria’s AI factory.”
“As artificial intelligence reshapes economies globally, the nations that control their own compute infrastructure and data will be the ones positioned to lead,” added Mr Kolawole Owodunni, NSIA’s Executive Director and Chief Information Officer.
Technology
Google I/O 2026: 4 Major Updates That Are Changing How Google Search Works
The goal of Google Search has always been simple: to help you ask anything on your mind. Whether it is a quick fact to help with your daily hustle or a complex question about starting a new business, Nigerians rely on Search every single day.
Over the last year, Google has rapidly reimagined what Search can do with AI. The momentum has been incredible—just one year after its debut, AI Mode has surpassed one billion monthly users globally. As people have realised just how much more Search can do for them, they are searching more than ever before, reaching an all-time high in search queries last quarter. Today at Google I/O, Google shared the next step in its journey to bring together the best of a search engine with the best of AI.
To power this next chapter, Google is officially upgrading Search with Gemini 3.5 Flash as the new default model in AI Mode for everyone worldwide. Delivering sustained frontier performance for agents and coding, Gemini 3.5 Flash is the engine driving the new era of AI-powered Search. Because curiosity doesn’t always fit into standard keywords, this powerful AI model is transforming Search from a tool that simply finds information into an intelligent platform capable of reasoning, monitoring the web, and executing complex tasks on your behalf.
Here is a look at the four biggest AI-powered announcements coming to Google Search:
1. A Completely Reimagined Search Box
Google is introducing the biggest upgrade to its Search box in over 25 years. Now completely reimagined with AI, the new intelligent Search box dynamically expands to give you the space to describe exactly what you need. It goes beyond simple autocomplete by anticipating your intent and helping you phrase your questions. You are no longer limited to typing; you can now search using text, images, files, videos, or even Chrome tabs as inputs. Additionally, Google is making it easier to ask follow-up questions directly from an AI Overview, flowing naturally into a conversational back-and-forth where your context stays with you as you explore.
2. New Search Agents That Work in the Background
We are entering the era of Search agents, where you can create and manage multiple AI agents directly in Search. Google is launching “Information agents” that operate in the background 24/7. These agents intelligently scan the web—alongside fresh data on finance, shopping, and sports—to monitor for changes related to your specific questions. For example, if you are house hunting, your agent will continuously scan the market and notify you the moment a listing matches your exact criteria. Furthermore, Search is expanding its agentic booking capabilities; you can soon share specific criteria (like a late-night private karaoke room) and Search will pull the latest pricing and links to finish booking. For certain categories, Google can even call businesses on your behalf.
3. Custom Mini-Apps and Visuals Built Just for You
Search is no longer just returning links; it is now building the ideal response in the perfect format for your query entirely on the fly. By bringing the power of Google Antigravity and the agentic coding capabilities of Gemini 3.5 Flash into Search, users will get a custom “Generative UI.” This means Search can design custom layouts, interactive visuals, tables, graphs, or simulations in real-time. But it goes a step further: if you have an ongoing task, like establishing a new health routine, Search can actually code a custom fitness tracker or mini-app for you. These custom dashboards tap into real-time sources like live maps and weather, giving you a personalised tracker you can return to again and again.
4. Expanded Personal Intelligence Without a Subscription
For AI to be truly helpful, it shouldn’t just know the world’s information—it should understand your personal context, too. To achieve this, Google is expanding Personal Intelligence in AI Mode to more people in nearly 200 countries and territories across 98 languages. Crucially, this is being rolled out with no subscription required. Users can securely connect apps like Gmail, Google Photos, and soon Google Calendar directly to Search. Designed with transparency and choice at its heart, this allows you to safely ask Search to find information buried in your own personal files, always keeping you in complete control of your connected data.
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