IoT Misr, a leading company in the Internet of Things and smart cities, announced a robust start in 2026 for the development, construction, and management of AI-based data centers. The company aims to become one of the top three developers in Egypt and Africa by 2027, leveraging its comprehensive expertise in design, construction, integration, and continuous improvement.
Local Market and Growth Potential
Egypt’s AI data center market is projected to grow at a compound annual growth rate of 128% from 2023 to 2030, with market size expected to rise from USD 490.62 million in 2022 to approximately USD 1.14 billion by 2030. This surge is driven by digital transformation in both public and private sectors and the increasing reliance on locally hosted AI data centers.
Critical Projects and Target Sectors
IoT Misr has implemented data centers in high-stakes sectors including banking, energy, government, and large enterprises, focusing on operational continuity and resilience to ensure uninterrupted critical services. The company’s integrated operational capabilities support sustainable development while keeping pace with cutting-edge AI and cybersecurity advancements.
International Partnerships and Advanced Technologies
IoT Misr has established strategic global partnerships with leading technology providers, enabling world-class cloud solutions and aligning local market needs with international standards. Its infrastructure spans power, cooling, networking, and security, with scalable designs ready to support emerging technologies and cloud adoption.
Egypt’s Strategic Position and Regional Importance
The growing domestic demand for data centers is supported by Egypt’s strategic location as a hub for global communication and submarine cable networks connecting Europe, Africa, and Asia. Additional growth factors include digital services expansion, 5G deployment, e-commerce, fintech, and public sector digitization. Globally, the data center market is expected to expand from USD 125.35 billion in 2024 to USD 364.62 billion by 2034 at a CAGR of 11.39%, according to Data Bridge Market Research.
Regional Expansion and Sustained Growth
IoT Misr ranks among the fastest-growing IoT and smart city companies in Egypt and Africa, doubling its business annually and capturing leading market positions. The company operates across multiple African countries, expanding into the Libyan oil and banking sectors, while serving critical industries such as finance, industrial production, energy, and government, supported by strategic partnerships with key ministries and leading global technology firms.
