The South America Modular Data Center Market Reach USD 2,397.09 Million by 2030 Registering a CAGR of 16.5%

According to the report published by Allied Market Research, The South America Modular Data Center Market Reach USD 2,397.09 Million by 2030 Registering a CAGR of 16.5%. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

The South America modular data center market was valued at $ 515.63 million in 2020, and is projected to reach $ 2,397.09 million by 2030, registering a CAGR of 16.5%.

Rise in demand for rapidly deployable & scalable data centers, surge in adoption of cloud services by SMEs, increase in demand for green data centers, upsurge in expansion of global data center industry players in the South America, and growing investments to develop advanced data centers during the COVID-19 pandemic drive the South America modular data center market.

On the other hand, challenges such as transportation and vendor lock-in impede the growth to some extent. However, increasing demand for modular data centers by colocation providers is expected to create lucrative opportunities for the key players in the industry.

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The South America modular data center market is segmented on the basis of component, enterprise size, and industry vertical. By component, the market is categorized into solution and services. By enterprise size, it is classified into small & medium enterprises and large enterprises. By industry vertical, it is segregated into BFSI, IT & telecom, retail, manufacturing, healthcare, energy, media & entertainment, government, and others. Country wise, it is analyzed across Brazil, Argentina, Colombia, Chile, Peru, Uruguay, and Rest of South America.

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The leading market players analyzed in the South America modular data center market report include Equinix, Inc., Vertive Group Corporation, Flexenclosure AB, Gemelo, Huawei Technologies Co., Ltd., Cisco Systems, Inc., CenturyLink, Dell Inc., Hewlett Packard Enterprise Company, and IBM Corporation.

Based on country, Brazil held the major share in 2020, generating more than half of the South America modular data center market. At the same time, the market across Chile would cite the fastest CAGR of 21.9% during the forecast period.

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Based on organization size, the large enterprise's segment accounted for nearly two-thirds of the total market revenue in share in 2020 and is anticipated to rule the roost by 2028. The SME's segment, however, would grow at the fastest CAGR of 17.9% from 2021 to 2030.

Based on component, the solution segment contributed to more than three-fifths of the total market share in 2020 and is expected to lead the trail by 2030. The services segment, on the other hand, would cite the fastest CAGR of 17.4% from 2021 to 2030.

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COVID-19 Scenario-

● Proliferation of emerging technologies such as artificial intelligence (AI), big data, and Internet of things (IoT) has led to significant rise in storage volume requirement, which in turn has impacted the South America modular data center market positively.

● This trend is most likely to persist post pandemic as well.

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