
Nigeria Data Center Market Report Includes Size in Terms of
Get Insights on 15 Existing Data Centers and 9 Upcoming Facilities across Nigeria
Report Attribute | Details |
---|---|
Market Size (2027) | USD 510.4 Million |
MARKET SIZE -AREA(2027) | 170 thousand sq. Feet |
MARKET SIZE - POWER CAPACITY(2027) | 36 MW |
COLOCATION MARKET SIZE REVENUE(2027) | USD 85 Million |
CAGR (2021-2027) | 13.02% |
BASE YEAR | 2021 |
FORECAST YEAR | 2022-2027 |
Nigeria data center market size crossed USD 244.8 million in 2021 and is expected to surpass USD 510.4 million by 2027, growing at a CAGR of 13.02% during 2021-2027. The growth of the Nigeria data center market is attributed to factors such as the launch of 5G, the interest shown in the market by global operators such as Equinix and Digital Realty, the shift from on-premise facilities to the cloud and colocation data center by enterprises, among other factors.
Implementing the Nigeria Data Protection Regulation (NDPR) will also be a significant driver for the country's increase in data center development, resulting in data localization initiatives and an increase in local data storage and computation requirements. The future demand for data centers, especially from a colocation perspective, will come from sectors such as cloud and large technology companies to expand their operations in Western Africa. The Renewable Energy Master Plan (REMP) in Nigeria aims to increase the share of renewable energy in the overall energy mix to 23% in 2025 and 36% in 2030.
This report analyses the Nigeria 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 Nigeria data center market investment expected to grow?
The Nigeria data center market size is expected to reach USD 510.4 million by 2027.
How many data centers have been identified in Nigeria?
Nigeria has around 15 existing and 9 upcoming data centers.
What are the driving factors for Nigeria data center market?
The Nigeria data center market is driven by factors such as a shift from on-premise to cloud and colocation, increasing digitalization, the launch of 5G, and increased adoption of IoT, big data, and AI.
What is the growth rate of the Nigeria data center market?
The Nigeria data center market is growing at a CAGR of 13.02% during 2021-2027.
Who are the key investors in the Nigeria data center market?
Some key investors in the Nigeria data center market include companies such as 21st Century Technologies, MDX-I (Equinix), Galaxy Backbone, Rack Centres, MTN, and Africa Data Centres, among others.
Nigeria data center market size will reach USD 510.4 million by 2027, growing at a CAGR of 13.02% from 2021 to 2027.
The following factors are likely to contribute to the growth of the Nigeria data center market during the forecast period:
Base Year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the Nigeria 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 includes the investment in the following areas:
Major Vendors
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
New Entrants
Exhibit 1 Third-Party Data Centers 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 ($ Million)
Exhibit 6 Data Center Market Size & Forecast by Area 2021−2027 (Thousand Square Feet)
Exhibit 7 Market Size & Forecast by Power Capacity 2021−2027 (MW)
Exhibit 8 Data Center Colocation Service Revenue: Market Size & Forecast by 2021−2027 ($ Million)
Exhibit 9 Retail Colocation Pricing 2021
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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