Market Size of Mexico Data Center Networking Industry
Study Period | 2018-2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 0.79 Billion |
Market Size (2029) | USD 1.12 Billion |
CAGR (2024 - 2029) | 7.13 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Mexico Data Center Networking Market Analysis
The Mexico Data Center Networking Market size is estimated at USD 0.79 billion in 2024, and is expected to reach USD 1.12 billion by 2029, growing at a CAGR of 7.13% 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 Bload capacity of the Mexico data center rack market is expected to reach 480 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 2.2 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach 120,000 units by 2029. Querétaro is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are around 11 submarine cable systems connecting Mexico, and many are under construction.