
Caribbean Data Center Market Research Report Includes Size in Terms of
Get Insights on 15 Existing Data Centers across the Caribbean.
Report Attribute | Details |
---|---|
Market Size (2027) | USD 120.4 Million |
Market Size (2021) | USD 62 Million |
CAGR (2022-2027) | 11.70% |
MARKET SIZE - AREA (2027) | 8 thousand Sq. Feet |
MARKET SIZE- POWER CAPACITY (2027) | 2 MW |
COLOCATION MARKET SIZE -REVENUE( 2027) | USD 1,000 Million |
BASE YEAR | 2021 |
FORECAST YEAR | 2022-2027 |
Caribbean data center market size was valued at USD 62 million and will reach USD 120.4 million by 2027, growing at a CAGR of 11.70% from 2022 to 2027. The Caribbean market is witnessing more on-premises data center investment than colocation and hyperscale data centers. The Caribbean data center market is growing with strong economic factors, government support, digitalization, technology penetration, and connectivity with major global markets.
KEY HIGHLIGHTS OF THE CARIBBEAN DATA CENTER MARKET
This report analyses the Caribbean data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:
Frequently Asked Questions
How much is the investment in the Caribbean data center market expected to grow?
The Caribbean data center market is expected to witness a year-over-year investment of $120.4 million by 2027.
How many data centers have been identified in the Caribbean region?
There are 15 existing data centers identified in the Caribbean.
What are the driving factors for the Caribbean data center market?
The Caribbean market is driven by growth in investments from cloud service providers, big data & IoT adoption, government support for data center construction, sustainable initiatives, COVID-19, and subsea & inland connectivity growth.
Who are key investors in the Caribbean data center market in 2022?
Key investors in the Caribbean market include companies like KIO Networks, Telecom Italia Sparkle, Air Link Communications, Belize Network Information Centre, Blue NAP Americas, and others.
Caribbean data center market size was valued at USD 62 million and will reach USD 120.4 million by 2027, growing at a CAGR of 11.70% from 2022 to 2027.
The Caribbean region is an emerging data center market. The US enterprise can invest in the Caribbean data center due to its strategic location. Data Center Service operators shift to the Caribbean region for data center deployment due to the availability of land and strong cable connectivity. The adoption of cloud-based, big data analytics and IoT services by local enterprises across the region has increased significantly, propelling the demand for local data centers.
Base year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the Caribbean data center market and its market dynamics for 2022−2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The study includes the demand and supply aspects of the market.
The report segments data center investment by the following areas:
Major Vendors
IT INFRASTRUCTURE PROVIDERS
DATA CENTER CONSTRUCTION CONTRACTORS & SUB-CONTRACTORS
SUPPORT INFRASTRUCTURE PROVIDERS
DATA CENTER INVESTORS
Chapter 1: Existing & Upcoming Third-Party Data Centers in the Caribbean
Chapter 2: Investment Opportunities in the Caribbean
Chapter 3: Data Center Colocation Market in the Caribbean
Chapter 4: Market Dynamics
Chapter 5: Market Segmentation
Chapter 6: Tier Standard Investment
Chapter 7: Market by Geography
Chapter 8: Key Market Participants
Chapter 9: Appendix
LIST OF EXHIBITS
Exhibit 1 Third-Party Data Centers Snapshot
Exhibit 2 Third-Party Data Center Snapshot by Countries
Exhibit 3 Data Center Market Size & Forecast by Investment ($ Million)
Exhibit 4 Data Center Market Size & Forecast by Area 2021−2027 (Thousand Square Feet)
Exhibit 5 Data Center Market Size & Forecast by Power Capacity 2021−2027 (MW)
Exhibit 6 Data Center Colocation Service Revenue: Market Size & Forecast by 2021−2027 ($ Million)
Exhibit 10 Market Size & Forecast by IT Infrastructure 2021−2027 ($ Million)
Exhibit 11 Market Size & Forecast by Electrical Infrastructure 2021−2027 ($ Million)
Exhibit 12 Market Size & Forecast by Mechanical Infrastructure 2021−2027 ($ Million)
Exhibit 13 Market Size & Forecast by Cooling Systems 2021−2027 ($ Million)
Exhibit 14 Market Size & Forecast by General Construction 2021−2027 ($ Million)
Exhibit 15 Market Size & Forecast by Tier Standards 2021−2027 ($ Million)
LIST OF TABLES
Table 1 List of Upcoming Data Center Projects
Table 2 Data Center Site Selection Criteria
Table 3 Overall Market Size & Forecast 2021−2027
Table 4 Market Size & Forecast by Infrastructure 2021−2027 ($ Million)
Table 5 Market Size & Forecast by IT Infrastructure 2021−2027 ($ Million)
Table 6 Market Size & Forecast by Electrical Infrastructure 2021−2027 ($ Million)
Table 7 Market Size & Forecast by Mechanical Infrastructure 2021−2027 ($ Million)
Table 8 Market Size & Forecast by Cooling Systems 2021−2027 ($ Million)
Table 9 Market Size & Forecast by General Construction 2021−2027 ($ Million)
Table 10 Investment Market Size & Forecast by Tier Standards 2021−2027 ($ Million)
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