Latin America Data Center Cooling Market Trends

Statistics for the 2023 & 2024 Latin America Data Center Cooling market trends, created by Mordor Intelligence™ Industry Reports. Latin America Data Center Cooling trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Corporate License

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Market Trends of Latin America Data Center Cooling Industry

Information Technology Industry to Witness Highest Growth

  • In order to perform its tasks, the IT industry requires on-premise private data storage centers and hyperscale data centers of their own size. In addition, the growth in software-as-a-service providers that allow cloud service providers to extend their capacities and are also expected to lead to increased demand for air conditioning equipment at data centers has led to increasing adoption of cloud storage.
  • The vital critical environment for information technology is the removal of heat from data centers. More heat is generated in data centers as new computing equipment becomes more compact and consumes the same or more electricity than previous models.
  • Furthermore, cloud storage use has expanded over the years as SaaS provider expansion has enabled cloud storage providers to expand their capacity, which is likely to raise demand for data center cooling systems. To improve the efficiency of cloud processes, cloud service providers like Microsoft, Amazon Web Services, and Google are increasing storage capacity. They are investing in hyperscale transactions.
  • The demand for data centers is on the rise as technology-driven cloud computing, artificial intelligence, and the Internet of Things continue to evolve. Companies are expanding their digital footprints, needing bigger data centers or a number of smaller facilities scattered throughout the region.
Latin America Data Center Cooling Market: Number of IoT devices, in Mexico, 2018-2023, in Millions

Brazil to Witness Highest Growth

  • In Latin America, more modern technologies are rapidly adopted. Direct-to-chip technology and the latest cooling technologies are increasingly being funded by data center investors. The importance of data centers at the edge was enhanced as a result of global developments in 5G networks, which Brazil has already become one of the first to adopt.
  • There is a rapid increase in the number of people and organizations using the Internet. Due to its high population level, as well as an increase in end users' data consumption, this country is one of the main markets for data center operations. The emerging Internet of Things, which encourages the construction of new data centers to handle exponentially growing amounts of information that consumers and business users generate, is driving a sharply increased demand for hyperscale data centers.
  • Moreover, due to the increasing demand for cloud services and digital transformation, hyperscale data centers have seen a significant increase in construction. To keep the high-density infrastructure in place and to ensure maximum efficiency of operations, it is essential that these data centers are equipped with new cooling technologies.
  • Furthermore, the adoption of advanced heat management equipment in data centers. With a view to improving energy efficiency and reducing environmental impact, data center operators are looking into the possibilities of liquid cooling in regions such as wet or dry. Direct-to-chip cooling is also being investigated, along with new techniques for air management.
Latin America Data Center Cooling Market: Number of 5G Network Deployments in Latin America of June 2023, by Country

Latin America Data Center Cooling Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)