Market Size of Chile Data Center Networking Industry
| Study Period | 2018-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.27 Billion |
| Market Size (2029) | USD 0.48 Billion |
| CAGR (2024 - 2029) | 11.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Chile Data Center Networking Market Analysis
The Chile Data Center Networking Market size is estimated at USD 0.27 billion in 2024, and is expected to reach USD 0.48 billion by 2029, growing at a CAGR of 11.30% during the forecast period (2024-2029).
- The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the Chile data center rack market is expected to reach 480 MW by 2029. Energy costs have fallen by a third compared to five years ago. This is mainly due to renewable energy, which currently accounts for 46% of total production.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 2.4 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach 1,20,000 units by 2029. Santiago is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are more than 80 submarine cable systems connecting Chile, and many are under construction.
