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THE COLOMBIA DATA CENTER MARKET SIZE WAS VALUED AT USD 560 MILLION IN 2023 AND IS EXPECTED TO REACH USD 890 MILLION BY 2029, GROWING AT A CAGR OF 8.03% DURING THE FORECAST PERIOD
The Colombia Data Center Market Report Includes Size in Terms of
- IT Infrastructure: Servers, Storage Systems, and Network Infrastructure
- Electrical Infrastructure: UPS Systems, Generators, Switches & Switchgear, PDUs, and Other Electrical Infrastructure
- Mechanical Infrastructure: Cooling Systems, Racks, and Other Mechanical Infrastructure
- Cooling Systems: CRAC and CRAH Units, Chillers Units, Cooling Towers, Condensers, and Dry Coolers, Economizers & Evaporative Coolers, and Other Cooling Units
- General Construction: Core & Shell Development, Installation & Commissioning Services, Engineering & Building Design, Fire Detection & Suppression, Physical Security, and DCIM
- Tier Standard: Tier I & Tier II, Tier III, and Tier IV
Get Insights on 20 Existing Data Centers and 10 Upcoming Facilities across Colombia
This report includes market data points, ranging from trend
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COLOMBIA DATA CENTER MARKET REPORT SCOPE
REPORT ATTRIBUTE | DETAILS |
---|---|
MARKET SIZE (INVESTMENT) | USD 890 Million (2029) |
MARKET SIZE (AREA) | 157 thousand sq. Feet (2029) |
MARKET SIZE (POWER CAPACITY) | 32 MW (2029) |
CAGR INVESTMENT (2023-2029) | 8.03% |
COLOCATION MARKET SIZE (REVENUE) | USD 277 Million (2029) |
HISTORIC YEAR | 2020-2022 |
BASE YEAR | 2023 |
FORECAST YEAR | 2024-2029 |
MARKET OUTLOOK
The Colombia data center market size will witness investments of USD 890 million by 2029, growing at a CAGR of 8.03% during the forecast period. Colombia is positioned as the fourth-largest economy in Latin America, with Bogota at the forefront of promoting diversified infrastructure. The city is widely open for foreign investments and investments in advanced technologies; the contributions from other cities, such as Medellin, Barranquilla, and Cali, are slated to be significant during the forecast period.
Global cloud operators such as Google, Microsoft, Amazon Web Services (AWS), Tencent, IBM, Oracle, and Huawei Technologies have a presence in the Colombia data center market through local partners and on-ramps. For instance, in March 2023, Amazon Web Services (AWS) and Claro announced the renewal of their five-year cloud services contract to provide customers with cloud solutions from AWS in Colombia.
The Colombian market is swiftly moving towards being a 5G-enabled nation, joining countries such as Brazil and Mexico. Regarding 5G Network Connectivity, Claro, WOM, Telecall, Tigo-Movistar (Millicom-Telefónica), and ETB are some telecom operators deploying commercial 5G networks nationwide. Furthermore, the region has a network of ten operating submarine cables. In addition, the country will witness the launch of four submarine cables connecting the US and other Latin American countries: Caribbean Express (CX), Carnival Submarine Network-1 (CSN-1), Gold Data-1 (GD-1)/Liberty Networks-1 (LN-1), and TAM-1.
KEY HIGHLIGHTS
- According to the Ministry of Commerce, Colombia has 120 Free Trade Zones (FTZs), which include 42 multi-company zones and 78 unique single-company zones. Colombia promotes economic growth through Free Trade Zones (FTZs), accounting for fiscal benefits such as tax cuts during the first five years of operation and a 50% income tax break for new businesses. For instance, the Ruta N complex in Medellín is a booming hub for ICT enterprises and local innovations.
- Colombia harnesses a rich mix of renewable energy, led by hydropower (constituting approximately 70% of its energy mix). The country, striving for a carbon-neutral future, aims to achieve net-zero greenhouse emissions in its electricity sector by 2050.
- The Colombian government, in agriculture, education, healthcare, telecom, BFSI, and other public sectors, is adopting AI technology to enhance infrastructure, process monitoring, and automation. For instance, SoftBank unveiled e-kakashi, a pioneering AI technology that is improving Colombian agriculture with the help of IDB Lab's Smart Rice Farming project.
- In Colombia, some government organizations and public and private entities have joined forces to overcome the labor shortage and improve personal skills. In November 2023, Amazon launched the AI Ready initiative, offering free generative AI training, scholarships, and collaborations with Code.org. The company’s initiative will equip two million people globally with crucial skills in generative AI and cloud computing by 2025.
WHY SHOULD YOU BUY THIS RESEARCH?
- Market size is available regarding investment, area, power capacity, and Colombia colocation market revenue.
- An assessment of the data center investment in Colombia by colocation, hyperscale, and enterprise operators.
- Investments in the area (square feet) and power capacity (MW) across cities in the country.
- A detailed study of the existing Colombia data center market landscape, an in-depth market analysis, and insightful predictions about data center market size during the forecast period.
- Snapshot of existing and upcoming third-party data center facilities in Colombia
- Facilities Covered (Existing): 20
- Facilities Identified (Upcoming): 10
- Coverage: 05+ Cities
- Existing vs. Upcoming (Area)
- Existing vs. Upcoming (IT Load Capacity)
- Data Center Colocation Market in the Colombia
- Market Revenue & Forecast (2023-2029)
- Retail Colocation Pricing
- The Colombia data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
- A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the market.
- Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.
- A transparent research methodology and the analysis of the demand and supply aspects of the market.
VENDOR LANDSCAPE
- In the Colombia data center market, Bogota is the major location for data center investments; the city is experiencing remarkable growth in construction due to the continuous expansion and development of data center facilities. Around 80% of the existing facilities operate in the capital city of Colombia, Bogota. In terms of upcoming data center investments, more than 85% of the investments are witnessed in Bogota, and the remaining investments are in Barranquilla.
- The Colombia data center market accounts for the presence of ODATA, Equinix, Cirion Technologies, GlobeNet, Gtd Colombia, Etix Everywhere, and HostDime data center facilities.
- In 2023, the country witnessed investments from new entrants such as KIO Networks, Scala Data Centers, Ascenty, DHAMericas, and EdgeConneX.
- Ascenty, the largest data center service provider in Latin America, is entering the Colombia data center market by developing two data center facilities, Bogota 1 and Bogota 2.
- DHAmericas is developing the first data center campus in the Bogota Metropolitan Region, Colombia. The data center will be in Zona Franca Occidente (ZFO), a fully secure economic free zone. In addition, DHAmericas is planning to develop around five data center facilities in Bogota; these centers are slated to be operational in the next five to six years.
- The Colombia data center market has local and global construction contractors catering to major market operators. For instance, ZFB Group successfully built the Zetta data center complex within the Bogota Free Trade Zone (FTZ).
EXISTING VS. UPCOMING DATA CENTERS
- Existing Facilities in the Region (Area and Power Capacity)
- Bogota
- Other Cities
- List of Upcoming Facilities in the Region (Area and Power Capacity)
REPORT COVERAGE:
This report analyses the Colombia 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:
- IT Infrastructure
- Servers
- Storage Systems
- Network Infrastructure
- Electrical Infrastructure
- UPS Systems
- Generators
- Switches & Switchgear
- PDUs
- Other Electrical Infrastructure
- Mechanical Infrastructure
- Cooling Systems
- Racks
- Other Mechanical Infrastructure
- Cooling Systems
- CRAC and CRAH Units
- Chillers Units
- Cooling Towers, Condensers, and Dry Coolers
- Economizers & Evaporative Coolers
- Other Cooling Units
- General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Engineering & Building Design
- Fire Detection & Suppression
- Physical Security
- Data Center Infrastructure Management (DCIM)
- Tier Standard
- Tier I & Tier II
- Tier III
- Tier IV
VENDOR LANDSCAPE
- IT Infrastructure Providers: Arista Networks, Broadcom, Cisco Systems, Dell Technologies, Hewlett Packard Enterprise, Huawei Technologies, IBM, Juniper Networks, Lenovo, NetApp, Oracle, Pure Storage.
- Data Center Construction Contractors & Sub-Contractors: AECOM, Fluor Corporation, ZFB Group, Quark.
- Support Infrastructure Providers: ABB, Alfa Laval, Armstrong Ceiling Solutions, Assa Abloy, Bosch Security and Safety Systems, Caterpillar, Cummins, Delta Electronics, Daikin Applied, Eaton, Honeywell International, Generac Power Systems, Johnson Controls, Legrand, Mitsubishi Electric, Piller Power Systems, Panduit, Rittal, Schneider Electric, Stulz, Siemens, Vertiv.
- Data Center Investors: Claro, Cirion Technologies, Etix Everywhere, EdgeUno, Equinix, GlobeNet, Gtd Colombia, HostDime, IPXON Networks, KIO Networks, ODATA (Aligned Data Centers).
- New Entrants: Ascenty, DHAmericas, EdgeConneX, and Scala Data Centers.
Frequently Asked Questions
What is the market size of the Colombia data center market?
How many data centers are there in Colombia?
Who are the key investors in the Colombia data center market in 2023?
What are the driving factors in the Colombia data center market?
What is the growth rate of the Colombia data center market?
The Colombia data center market size is projected to reach USD 890 million by 2029, growing at a CAGR of 8.03% from 2023 to 2029.
The following factors are likely to contribute to the growth of the Colombia data center market during the forecast period:
- Increase in Investments from Cloud Service Providers
- Big Data and IoT Boosting Data Center Investments
Base Year: 2023
Forecast Year: 2024-2029
The report considers the present scenario of the Colombia data center market and its market dynamics for 2024-2029. 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 includes the investment in the following areas:
- IT Infrastructure
- Servers
- Storage Systems
- Network Infrastructure
- Electrical Infrastructure
- UPS Systems
- Generators
- Switches & Switchgear
- PDUs
- Other Electrical Infrastructure
- Mechanical Infrastructure
- Cooling Systems
- Racks
- Other Mechanical Infrastructure
- Cooling Systems
- CRAC and CRAH Units
- Chillers Units
- Cooling Towers, Condensers, and Dry Coolers
- Economizers & Evaporative Coolers
- Other Cooling Units
- General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Engineering & Building Design
- Fire Detection & Suppression
- Physical Security
- Data Center Infrastructure Management (DCIM)
- Tier Standard
- Tier I & Tier II
- Tier III
- Tier IV
VENDOR LANDSCAPE
IT Infrastructure Providers
- Arista Networks
- Broadcom
- Cisco Systems
- Dell Technologies
- Hewlett Packard Enterprise
- Huawei Technologies
- IBM
- Juniper Networks
- Lenovo
- NetApp
- Oracle
- Pure Storage
Data Center Construction Contractors & Sub-Contractors
- AECOM
- Fluor Corporation
- ZFB Group
- Quark
Support Infrastructure Providers
- ABB
- Alfa Laval
- Armstrong Ceiling Solutions
- Assa Abloy
- Bosch Security and Safety Systems
- Caterpillar
- Cummins
- Delta Electronics
- Daikin Applied
- Eaton
- Honeywell International
- Generac Power Systems
- Johnson Controls
- Legrand
- Mitsubishi Electric
- Piller Power Systems
- Panduit
- Rittal
- Schneider Electric
- Stulz
- Siemens
- Vertiv
Data Center Investors
- Claro
- Cirion Technologies
- Etix Everywhere
- EdgeUno
- Equinix
- GlobeNet
- Gtd Colombia
- HostDime
- IPXON Networks
- KIO Networks
- ODATA (Aligned Data Centers)
New Entrants
- Ascenty
- DHAmericas
- EdgeConneX
- Scala Data Centers
Exhibit 1 Third-Party Data Center Snapshot
Exhibit 2 Third-Party Data Center Snapshot by Cities
Exhibit 3 Area Developed by Cities (Thousand Square Feet)
Exhibit 4 Power Capacity by Cities (MW)
Exhibit 5 Data Center Market Size & Forecast by Investment 2020−2029 ($ Million)
Exhibit 6 Data Center Market Size & Forecast by Area 2020−2029 (Thousand Square Feet)
Exhibit 7 Data Center Market Size & Forecast by Power Capacity 2020−2029 (MW)
Exhibit 8 Data Center Colocation Service Revenue: Market Size & Forecast by 2020−2029 ($ Million)
Exhibit 9 Data Center Retail & Wholesale Colocation Service Revenue: Market Size & Forecast by 2020−2029 ($ Million)
Exhibit 10 Data Center Market Size & Forecast by IT Infrastructure 2020−2029 ($ Million)
Exhibit 11 Data Center Market Size & Forecast by Electrical Infrastructure 2020−2029 ($ Million)
Exhibit 12 Data Center Market Size & Forecast by Mechanical Infrastructure 2020−2029 ($ Million)
Exhibit 13 Data Center Market Size & Forecast by Cooling Systems 2020−2029 ($ Million)
Exhibit 14 Data Center Market Size & Forecast by General Construction 2020−2029 ($ Million)
Exhibit 15 Data Center Market Size & Forecast by Tier Standards 2020−2029 ($ 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 2020−2029
Table 4 Market Size & Forecast by Colocation Revenue 2020−2029 ($ Million)
Table 5 Market Size & Forecast by Infrastructure 2020−2029 ($ Million)
Table 6 Market Size & Forecast by IT Infrastructure 2020−2029 ($ Million)
Table 7 Market Size & Forecast by Electrical Infrastructure 2020−2029 ($ Million)
Table 8 Market Size & Forecast by Mechanical Infrastructure 2020−2029 ($ Million)
Table 9 Market Size & Forecast by Cooling Systems 2020−2029 ($ Million)
Table 10 Market Size & Forecast by General Construction 2020−2029 ($ Million)
Table 11 Market Size & Forecast by Tier Standards 2020−2029 ($ Million)
1. Existing & Upcoming Third-Party Data Centers in Colombia
1.1. Historical Market Scenario
1.2. 20+ Unique Data Center Properties
1.3. Data Center IT Load Capacity
1.4. Data Center White Floor Area Space
1.5. Existing vs. Upcoming Data Center Capacity by Cities
1.6. Cities Covered
1.6.1. Bogota
1.6.2. Other Cities
1.7. List of Upcoming Data Center Projects
2. Investment Opportunities in Colombia
2.1. Microeconomic & Macroeconomic Factors for Colombia
2.2. Investment Opportunities in Colombia
2.3. Investment by Area
2.4. Investment by Power Capacity
3. Data Center Colocation Market in Colombia
3.1. Colocation Services Market in Colombia
3.2. Retail vs Wholesale Data Center Colocation
3.3. Colocation Pricing (Quarter Rack, Half Rack, Full Rack) & Add-ons
4. Market Dynamics
4.1. Market Drivers
4.2. Market Trends
4.3. Market Restraints
5. Market Segmentation
5.1. IT Infrastructure: Market Size & Forecast
5.2. Electrical Infrastructure: Market Size & Forecast
5.3. Mechanical Infrastructure: Market Size & Forecast
5.4. Breakup of Construction Cost
5.5. General Construction Services: Market Size & Forecast
6. Tier Standard Investment
6.1. Tier I & II
6.2. Tier III
6.3. Tier IV
7. Key Market Participants
7.1. IT Infrastructure Providers
7.2. Construction Contractors
7.3. Support Infrastructure Providers
7.4. Data Center Investors
7.5. New Entrants
8. Appendix
8.1. Market Derivation
8.2. Quantitative Summary
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Frequently Asked Questions
What is the market size of the Colombia data center market?
How many data centers are there in Colombia?
Who are the key investors in the Colombia data center market in 2023?
What are the driving factors in the Colombia data center market?
What is the growth rate of the Colombia data center market?