Latin America Modular Data Center Market Report 2022-2027: Innovative Data Center Technologies and Sustainable...

Dublin, July 25, 2024 (GLOBE NEWSWIRE) -- The Latin America Modular Data Center Market - Industry Outlook and Forecast 2022-2027 report has been added to ResearchAndMarkets.com's offering.

The Latin American region has witnessed considerable growth in adopting modern technologies and construction of data centers over the past years.

The development of solid fiber connectivity, increasing reliability in power supply, and high demand for data center services from BFSI, IT, and healthcare are major factors driving the development of modular data centers in Latin America.

While Brazil, Mexico, Colombia, and Chile will remain major demand contributors to the segment, countries like Argentina, Costa Rica, Ecuador, Uruguay, Paraguay, Bolivia, and Peru will also witness an increased demand for modular data centers owing to increasing digitalization.

Key Highlights of the Latin America Modular Data Center Market:

• Colocation and telecommunications service providers are the main contributors to the modular data center market in Latin America. The region is also witnessing an increased presence of cloud service providers.
• In 2021, functional module modular data centers took up 65% of the market, and all-in module modular data centers contributed 35% to the market share among Latin American countries.
• Brazil is the leading region in the Latin America data center market, with more than 50% of investments in the area. There is growing internet penetration and adoption of cloud-based services by businesses in the country, followed by Chile, Mexico, and Colombia.
• An increase in demand for edge data centers, the requirement of cloud at the edge, and an increase in adoption of technology such as big data and IoT will continue to grow the modular data center investment from colocation, cloud, internet, and telecommunication providers.
• In February 2022, AWS announced a list of 26 countries in which it was planning to launch Local Zones for its Edge locations. They include Colombia, Argentina, Peru, Mexico, Brazil, and Chile.
• Modular data centers can support improved PUE and lower carbon emissions compared to traditional brick-and-mortar facilities, reducing OPEX, thus leading many operators to deploy modular data centers.

Increasing modular data center design & deployment