DUBLIN--(BUSINESS WIRE)--The "Data Center Construction Market in Latin America - Industry Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The study considers the present scenario of the data center construction market in Latin America and its market dynamics for the period 2018-2023. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and other prominent companies operating in the market.
The data center construction market in Latin America is expected to generate revenues of approximately $316 million by 2023 and is projected to grow at a CAGR of around 11% during the forecast period.
The rapid proliferation of mobile devices and high-speed broadband connectivity is attributing to the growth of the data center construction market in Latin America. The growing demand for connected devices and the introduction of new technologies such as cloud-based services, IoT, and big data analytics is boosting the demand for new facilities in the Latin American market. Countries such as Chile, Colombia, Mexico, Argentina, and Peru are the major revenue contributors in the Latin American market.
The increasing development of modular data center solutions will offer new investment opportunities for leading vendors in the market in the region. The growing need for cloud computing services will result in higher revenues for colocation service providers in the Latin American market. Connectivity solutions offered by colocation service providers such as Equinix and Ascenty to cloud data center operates by AWS, Microsoft, Google, Oracle, and IBM will transform the Latin American data center market. The market in Latin America consists of local building developers, installation and commissioning service providers, and architectural firms.
The increasing awareness about end-to-end monitoring of infrastructure facilities is expected to gain traction in Latin American market over the next few years. The adoption of efficient infrastructure and increasing focus to reduce power consumption through monitoring and management of facilities will revolutionize the market in this region.
Major Vendors
- KKR Investment Group (Aceco TI S.A.)
- AECOM
- Flex Enclosure
- ZFB Group
- ABB
- Assa Abloy
- Bosch Security Systems (Robert Bosch)
- Honeywell International
- Schneider Electric
- Siemens
- Vertiv
Prominent Players
- Fluor Corp.
- Jacobs Engineering Group
- Holder Construction
- Mortenson Construction
- Axis Communication
- Cisco
- Eaton
- Intel DCM
- Panduit
For more information about this report visit https://www.researchandmarkets.com/research/k4hwhj/latin_america?w=4
