Market Size of mexico data center Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Volume (2024) | 357.8 MW |
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Market Volume (2029) | 480.4 MW |
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Largest Share by Tier Type | Tier 4 |
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CAGR (2024 - 2029) | 6.07 % |
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Fastest Growing by Tier Type | Tier 4 |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Mexico Data Center Market Analysis
The Mexico Data Center Market size is estimated at 357.8 MW in 2024, and is expected to reach 480.4 MW by 2029, growing at a CAGR of 6.07%. Further, the market is expected to generate colocation revenue of USD 4,590.2 Million in 2024 and is projected to reach USD 6,655.9 Million by 2029, growing at a CAGR of 7.71% during the forecast period (2024-2029).
USD 4,590.23 Million
Market Size in 2024
USD 6,655.8 Million
Market Size in 2029
8.8%
CAGR (2017-2023)
7.7%
CAGR (2024-2029)
IT Load Capacity
357.82 MW
Value, IT Load Capacity, 2024
The IT load capacity of the data center market will have steady growth and is expected to reach 480.3 MW by 2029. Mexico is witnessing a positive growth of smartphones in the country is expected to increase market of data centers.
Total Raised Floor Space
Sq. Ft. 1.78 M
Volume, Raised Floor Space, 2024
The total raised floor area of the country is expected to increase to 2.4 million sq. ft by 2029. Ongoing construction of a center facility by Hostdime and other operators would increase DC facilities in the country.
Installed Racks
89,455
Volume, Installed Racks, 2024
The number of installed racks is expected to reach 120,094 units by 2029. Querétaro is expected to house the maximum number of racks by 2029. Expansion of fiber connectivity across the country would increase the demand for DC facilities.
# of DC Operators & DC Facilities
19 and 35
Volume, DC Facilities, 2024
There are 35 colocation data center facilities in Mexico. Querétaro and Guadalajara are the major hotspots in the country. The increasing adoption of the cloud services is among the factors boosting the number of data centers in the nation.
Leading Market Player
45.3%
Market Share, Telmex (América Móvil), 2023
Telmex (América Móvil) has five data center facilities in Mexico. These facilities have a 477,744 sq. ft net rentable capacity and an operating capacity of 144.02 MW IT load capacity, with more than 23,887 units of racks.
Tier 1&2 data center accounted for majority share in terms of volume in 2023, and is expected to dominate through out the forecasted period
- The tier 4 data center segment is expected to reach an IT load capacity of 204.30 MW in 2023. It is further projected to exhibit a CAGR of 9.53%, surpassing an IT load capacity of 352.76 MW by 2029.
- While tier 1 and 2 facilities must be increasingly equipped to meet the growing demand for uninterrupted services from businesses, they are losing favor. Due to the increase of business continuity services available around the clock, tier 3 and 4 data centers have gained popularity. This is due to the increasing number of conglomerates. A tier 3 data center is equipped with several channels for electricity and cooling, as well as methods for updating and maintaining it without bringing it offline. It has an annual downtime of 1.6 hours and an expected uptime of 99.982%. Because of the significantly better redundancy protections provided, small and medium-sized businesses typically choose to employ at least a Tier III-rated system.
- A tier 4 data center includes redundancy for every component and is fault-resistant. Clients should not face more than 26.3 minutes of downtime a year, according to a level 4 facility. Government organizations and major corporations with mission-critical servers and high customer or business demands typically use a tier 4 facility. The growth of data centers in Mexico with the best infrastructure certifications is facilitated by the entry of significant international corporations and an increase in the country's enterprises. Throughout the forecast period, the market is anticipated to demonstrate potential growth, which may lead to hyperscale colocation adoption by significant end users in the cloud and telecom industries. The popularity of computer solutions in Mexico is a key encouraging element for the development of tier 4 facilities.
Understand The Key Trends Shaping This Market
