The cloud provider will launch in locations including China, India, Japan, Saudi Arabia, Singapore, and South Korea, whilst also expanding its presence in Europe (Amsterdam and Switzerland) and North America (Canada and the US).
Currently, Oracle hosts the cloud platform in two locations in the US and one in Europe. The two new sites in the US will aim to support Department of Defense clients, Oracle said.
"The future of IT is autonomous. With our expanded, modern data centres, Oracle is uniquely suited to deliver the most autonomous technologies in the world," said Oracle CEO Mark Hurd.
"As we invest, our margins will continue to expand. And with our global data centre expansion, we are able to help customers lower IT costs, mitigate risks and compete like they never have before."
Customers in more than 195 countries are running their most demanding applications on Oracle Cloud Platform and Oracle Cloud Infrastructure.
The expansion to Saudi Arabia will make Oracle one of the first major cloud players to launch a data centre in the Middle Eastern country, although recent reports claim Amazon is close to signing a $1 billion investment in AWS facilities there.
It comes just months after Oracle announced an expansion of its partnership with Equinix that will see the latter expand its Oracle Cloud infrastructure to a further 16 data centres across North America and Europe.
As a result of the expansion, to Equinix International Business Exchange (IBX) data centres, customers can easily connect to Oracle Cloud Infrastructure (OCI) using Oracle Cloud Infrastructure FastConnect.
Cisco's 7th annual Global Cloud Index (2016-2021) claims that data centre traffic from cloud services will reach 95% by 2021, up 7% from 2016. In addition the report suggests that global cloud data centre traffic will reach 19.5 ZB per year by 2021, up from 6.0 ZB per year in 2016, showing the opportunity for cloud providers who are expanding their footprints.
Oracle is among the top 10 providers of cloud infrastructure, according to Synergy Research Group, but has a significantly smaller market share than rivals including Amazon, Microsoft, IBM and Google who dominate.