Data Center Power Market in Colombia to Worth $70 Million by 2023
Arizton’s recent market research report on the data center power market in Latin America identifies ABB, Eaton, General Electric, Schneider Electric, and Vertiv as the leading vendors that are likely to dominate the market during the forecast period. This research report provides a detailed analysis of market segmentation by type (UPS systems, generators, transfer switches & switchgear, rack PDU, and other electrical infrastructure) and by geography (Brazil, Colombia, Chile, and rest of Latin America).
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The data center power market in Latin America is divided into two major segments that include by type and by geography.
Colombia to grow at the fastest CAGR in the data center power market in Latin America during forecast period
The data center power market in Latin America by geography is segmented into Brazil, Colombia, Chile, and rest of Latin America. Colombia is the fastest growing segment of the market at a CAGR of more than 12% during the forecast period.
Colombia is the most popular destination for data centers in Latin America. The increasing penetration of smartphones and efforts by telecommunication providers to improve broadband connectivity are factors driving the growth of the market in Colombia. The government initiatives to enhance connectivity by laying additional submarine cables over the next few years will boost demand for power infrastructure through multi-million-dollar data center investments in the Latin American market. Increasing investments from colocation service providers such as Equinix, Level 3, Claro, Sublime IP, and British Telecom will increase the number of facilities in the Colombian market. The construction of modular data centers built of tier 3 standard with a minimum of N+1 redundancy in the power infrastructure will drive the growth of data center power market in Latin America. The development of 2N infrastructure solutions based on the customer’s needs will help vendors gain a larger market share in Latin America.
Check our latest report on - U.S. Data Center Power Market- Industry Outlook and Forecast 2020-2025
UPS systems to grow at a significant CAGR in the data center power market in Latin America during forecast period
The type segment in the data center power market in Latin America is classified into UPS systems, generators, transfer switches & switchgear, rack PDU, and other electrical infrastructure.
UPS systems are the fastest growing segment of the market at a CAGR of approximately 13% during the forecast period.
The different types of UPS available in the Latin American market are standby UPS, line interactive UPS, and double conversion UPS systems. The adoption of UPS systems helps in continuous operations and prevents infrastructure failure. The development of efficient systems that reduces power consumption will propel the growth of his segment in the Latin American market. The introduction of rack-level UPS for modular data centers with a capacity up to 40Kw will transform the data center market in Latin America. The key operators are also incorporating UPS systems with minimum N+1 redundancy to facilitate uninterrupted services. The emergence of lithium-ion batteries and fuel cells technology is expected to trend in the market in Latin America during the forecast period.
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The other prominent vendors in the data center power market in Latin America are Active Power (Piller Power Systems), Rittal, Caterpillar, Cummins, Cyber Power Systems, Delta Group, Generac Power Systems, Legrand, Mitsubishi Electric Corporation, Toshiba, and Tripp Lite.
The complete overview of the latest market research report on data center power market in Latin America by Arizton is now available.
The report also offers a detailed study of major trends, drivers, challenges, and also provides the market size and forecast for major geographical regions and key countries.
Check our latest report on - Data Center Power Market- Global Outlook and Forecast 2020-2025
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