Colombia Data Center Market Analysis & Growth Report 2023-2029: Investment Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards

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Mar 21, 2024, 06:00 ET

DUBLIN, March 21, 2024 /PRNewswire/ -- The "Colombia Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The Colombia data center market is expected to reach a value of $890 million by 2029 from $560 million in 2023, growing at a CAGR of 8.03% from 2023-2029.

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.

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.

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 Medellin 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.

The Colombia data center market accounts for ODATA, Equinix, Cirion Technologies, GlobeNet, Gtd Colombia, Etix Everywhere, and HostDime data center facilities.

WHY SHOULD YOU BUY THIS RESEARCH?

Market size regarding investment, area, power capacity, and Colombia colocation market revenue is available.
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.
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.
Provide a 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.

Snapshot of existing and upcoming third-party data center facilities in Colombia

I. Facilities Covered (Existing): 20
II. Facilities Identified (Upcoming): 10
III. Coverage: 05+ Cities
IV. Existing vs. Upcoming (Area)
V. Existing vs. Upcoming (IT Load Capacity)

Data Center Colocation Market in the Colombia

I. Market Revenue & Forecast (2023-2029)
II. Retail Colocation Pricing

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

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)

For more information about this report visit https://www.researchandmarkets.com/r/btyvlo

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