Latin America Data Center Construction Market Size & Outlook
Latin America data center construction market, 2018-2030 (US$M)
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Latin America data center construction market highlights
- The Latin America data center construction market generated a revenue of USD 6,932.7 million in 2023.
- The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, it infrastructure was the largest revenue generating infrastructure in 2023.
- Power Distribution & Cooling Infrastructure is the most lucrative infrastructure segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 6,932.7 million |
| Market revenue in 2030 | USD 9,705.9 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | It infrastructure |
| Fastest growing segment | Power Distribution & Cooling Infrastructure |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IT Infrastructure, Power Distribution & Cooling Infrastructure, Miscellaneous Expenses |
| Key market players worldwide | Cisco Systems Inc, Dell Technologies Inc Ordinary Shares - Class C, Fujitsu Ltd, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Acer Inc DR, Lenovo Group Ltd, Oracle Corp, inSpur, Ascenty, ABB Ltd, Hitachi Ltd, Equinix Inc, Schneider Electric SE, KION GROUP AG, Vertiv Holdings Co Class A, Gensler, HostDime, IPXON Networks |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.1% of the global data center construction market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 124,019.7 million by 2030.
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Data Center Construction Market Scope
Data Center Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America data center construction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center construction market will help companies and investors design strategic landscapes.
It infrastructure was the largest segment with a revenue share of 71.52% in 2023. Horizon Databook has segmented the Latin America data center construction market based on it infrastructure, power distribution & cooling infrastructure, miscellaneous expenses covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the Latin American market can be attributed to increasing internet penetration, rapid digital transformation, and the growing use of artificial intelligence and machine learning applications in the region, which is encouraging global players to penetrate the market.
In recent years, the rapid globalization of numerous industries has contributed to a data center construction boom in Latin America as the region becomes an increasingly attractive market for technology companies.
The growing implementation of the cloud is likely to drive the demand for data center services to manage the large volumes of data generated. Governments in the region are undertaking several initiatives for the growth and development of the cloud.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America data center construction market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America data center construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America data center construction market size, by country, 2018-2030 (US$M)
Latin America Data Center Construction Market Outlook Share, 2023 & 2030 (US$M)
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