The prominent vendors such as Schneider Electric’s StruxureWare, Vertiv’s Trellis, and ABB’s Ability offer automation platforms in the Latin American market.
Arizton’s recent market research report on the data center market in Latin America provides comprehensive industry analysis, trend forecasts, and competitive analysis. The research study segments the market by electrical infrastructure (UPS systems, generators, transfer switches & switchgear, rack PDU, and other electrical infrastructure), by mechanical infrastructure (cooling systems, rack, and other infrastructure), by general construction (building development, installation and commissioning services, building design, physical security, and DCIM), by geography (Brazil, Colombia, Chile, and rest of Latin America), and offers detailed competitive analysis.
The Latin American data center market is estimated to generate revenues of the more than $1 billion by 2023 and is anticipated to grow at a CAGR of over 11% during the forecast period. The adoption of high-performance infrastructure and virtualization of IT infrastructure is propelling the growth of the market in Latin America. The use of 2N redundant precision-air conditioners and the growth of greenfield data center projects will transform the Latin American market.
The top 3 drivers and trends driving the growth of the Latin American data center market are discussed below:
Growing Network Connectivity and High-speed Bandwidth
The growing adoption of cloud computing, big data, and IoT services is augmenting the growth of the Latin American data center market. The telecommunication providers are focusing on strengthening their internet infrastructure and growing need online video services and social networking will boost the deployment of new facilities in the Latin American market. The recent investments by the Brazilian and Chilian government in the submarine cable projects are expected to provide high-speed internet connectivity between the US and these Latin American countries. The expansion of fiber optic networks will increase the need for new data centers in Latin American market. Additionally, increasing investments by countries such as Colombia and the Caribbean will boost demand in the Latin American market. Telecommunication and colocation providers are partnering to improve the interconnectivity among the operators in the Latin American market. The growing demand for cloud connectivity is encouraging providers such as Microsoft and Amazon Web Services (AWS) to expand their business in the Latin American data center market.
Increase in Adoption of DCIM Solutions
The growing implementation of DCIM solutions will attribute to the development of the Latin American data center market. The integration of end-to-end monitoring and automation facilities will revolutionize the market in Latin American and create new opportunities for leading vendors in the region. These data center monitoring and management solutions will identify the maintenance of facilities infrastructure to avoid operational failures and help reduce energy wastage in these centers. The trend of adopting DCIM solutions is expected to continue to grow during the forecast period. These solutions will help operators identify, monitor, and automate these facilities and overcome operational shortcomings through real-time management and analysis.
Emergence of Lithium-ion Batteries and Fuel Cells in Data Centers
The increasing penetration of UPS from centralized operations to rack-level power backup is fueling the growth of the Latin American data center market. The innovations in UPS battery technology and the emergence of lithium-ion batteries will revolutionize the market in Latin America. The reduced space and decreased OPEX expenditure incurred through battery replacement and maintenance are some of the factors attributing to the adoption of these innovative technology in the Latin American market. The increasing investments by hyperscale data center operators and leading colocation providers are expected to boost the integration of these batteries in the Latin American during the forecast period. The development of fuel cells will trend in the Latin American data center market over the next few years.
The leading vendors in the Latin American data center market are ABB, Eaton, GE, Rittal, Schneider Electric, STULZ, Vertiv, AECOM, KKR Investment Group (Aceco TI S.A.), Flex Enclosure, ZFB Group.
The complete overview of the latest market research report on Latin American data center market 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.
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Apr 15, 2021
Incorporation of IoT is Significantly Developing the U.S. HVAC Services Market
In 2020, Carrier announced increasing R&D spending to USD 50 million in order to drive sustained...
Apr 15, 2021
Is Online Distribution Channel Dominating the BGM Consumables Market?
The online segment is dominating the BGM consumables market share by distribution channels....
Apr 10, 2021
Is Cloud-Based Application Witnessing High Demand in the Global LIMS Market?
The cloud-based segment occupied over 44% of the global LIMS market share in 2020....