At 17.7% CAGR, South & Central America Hyperscale Data Center Market is Projected to be Worth US$ 4,815.50 Million by 2031, says The Insights Partners

According to The Insights Partners research, the South & Central America hyperscale data center market was valued at US$ 1,311.46 million in 2023 and is expected to reach US$ 4,815.50 million by 2031, registering a CAGR of 17.7% from 2023 to 2031. Increasing deployment of 5G services and advent of IoT, big data, machine learning, and AI are among the critical factors attributed to drive the South & Central America hyperscale data center market growth.

The primary advantage of 5G deployment is associated with its ability to support a wide range of IoT services and applications. As 5G offers much high-speed data with lower latency than the 4G and other networks, the deployment of 5G significantly increases data traffic. The surging data traffic is accelerating the demand for hyperscale data centers to store, process, and distribute data of a wide spectrum of businesses and enterprises. Hyperscale data center facilities offer a cost-effective and scalable solution for storing and processing this data, providing high security, redundancy, and connectivity. Thus, owing to the burgeoning deployment of 5G, various companies worldwide are constructing new hyperscale data centers. 

On the contrary, the high initial and maintenance cost hamper the growth of South & Central America hyperscale data center market.

Based on solutions, the South & Central America hyperscale data center market is segmented into storage, networking, server, security, and others. The storage segment held 35.4% market share in 2023, amassing US$ 464.44 million. It is projected to garner US$ 1,746.45 million by 2031 to register 18.0% CAGR during 2023–2031.

In terms of end user, the South & Central America hyperscale data center market is segmented into colocation providers, enterprises, and cloud providers. The colocation providers segment held 41.6% share of South & Central America hyperscale data center market in 2023, amassing US$ 546.05 million. It is anticipated to garner US$ 2,029.79 million by 2031 to expand at 17.8% CAGR during 2023–2031.

By industry vertical, the South & Central America hyperscale data center market is segmented into BFSI, telecom and IT, government and public, media and entertainment, and others. The BFSI segment held 34.6% market share in 2023, amassing US$ 454.11 million. It is projected to garner US$ 1,704.27 million by 2031 to register 18.0% CAGR during 2023–2031.

By country, the South & Central America hyperscale data center market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 58.9% share of South & Central America hyperscale data center market in 2023. It was assessed at US$ 772.58 million in 2023 and is likely to hit US$ 3,002.70 million by 2031, registering a CAGR of 18.5% during 2023–2031.

Key players operating in the hyperscale data center market are ABB Ltd; Dell Technologies Inc; EdgeConnex Inc.; Cisco Systems Inc; International Business Machines Corp; Fujitsu Ltd; Hewlett Packard Enterprise Development LP; Intel Corp; Juniper Networks Inc; and Schneider Electric SE, among others.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com