Market Size of South America Data Center Networking Industry
Study Period | 2019 - 2030 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2030 |
Historical Data Period | 2019 - 2022 |
CAGR | 10.90 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Data Center Networking Market Analysis
The South America data center networking market reached a value of USD 800.08 million in the previous year, and it is further projected to register a CAGR of 10.9% during the forecast period.
- Countries such as Brazil have seen recent improvements in fixed broadband latency as demand for digital activity rises during the Covid-19 outbreak. In Argentina, the development of content delivery network (CDN) data centers is reflecting a positive trend. Overall, the market for data center networking reflects an upward trend in the region.
- The upcoming IT load capacity of the South American data center construction market is expected to reach 1800 MW by 2029. The region's construction of raised floor area is expected to increase 7.8 million sq. ft by 2029.
- The region's total number of racks to be installed is expected to reach 392K units by 2029. Brazil is expected to house the maximum number of racks by 2029.
- There are close to 60 submarine cable systems connecting South America, and many are under construction. One such submarine cable that is estimated to start service in 2025 is Carnival Submarine Network-1 (CSN-1), which stretches over 4500 Kilometers with a landing point in Barranquilla, Colombia.