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Colombia data center market
DUBLIN, March 20, 2024 (Globe Newswire) — The “Columbia Data Center Market – Investment Analysis and Growth Opportunities 2024-2029” report has been added. ResearchAndMarkets.com Recruitment.
Colombia data center market is expected to reach $890 million by 2029 from $560 million in 2023 and is expected to grow at a CAGR of 8.03% from 2023 to 2029 .
This report analyzes Colombia’s data center market share. Detailed analysis of existing and upcoming equipment and investments in IT, electrical, mechanical infrastructure, general construction, and strata standards. Market size and investment estimates for various segments are discussed.
In Colombia’s data center market, Bogotá is the leading location for data center investments. The city is experiencing impressive growth in the construction industry due to the continued expansion and development of data center facilities. Approximately 80% of existing facilities operate in Colombia’s capital, Bogotá. Regarding future data center investments, more than 85% of his investments will be made in Bogota, and the remaining investments will be made in Barranquilla.
According to the Ministry of Commerce, Colombia has 120 free trade zones (FTZs), including 42 multi-enterprise zones and 78 unique single-enterprise zones. Colombia promotes economic growth through free trade zones (FTZs), which take into account fiscal benefits such as tax breaks for the first five years of operation and a 50% income tax cut for new businesses. For example, Medellín’s Ruta N complex is a fast-growing hub for ICT companies and regional innovation.
Colombia utilizes a rich mix of renewable energy sources, led by hydropower (which makes up about 70% of its energy mix). Aiming for a carbon-neutral future, the country aims to achieve net-zero greenhouse gas emissions in its power sector by 2050.
The Colombian government is deploying AI technologies in agriculture, education, healthcare, communications, BFSI, and other public sectors to strengthen infrastructure, process monitoring, and automation. For example, SoftBank announced e-kakashi, a pioneering AI technology to improve Colombian agriculture with the help of IDB Lab’s smart rice project.
In Colombia, some government agencies and public and private organizations are joining forces to overcome labor shortages and improve the skills of individuals. In November 2023, Amazon launched the AI Ready initiative, offering free generative AI training, scholarships, and a collaboration with Code.org. The company’s efforts will enable 2 million people around the world to acquire critical skills in generative AI and cloud computing by 2025.
Columbia’s data center market includes ODATA, Equinix, Cirion Technologies, GlobeNet, Gtd Columbia, Etix Everywhere, and HostDime data center facilities.
Why buy this study?
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Market size regarding investment, area, power capacity, and Colombia Colocation Market revenue are available.
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Evaluating data center investments in Colombia by colocation, hyperscale, and enterprise operators.
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Investments in total area (square feet) and power capacity (MW) of the nation’s cities.
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Detailed study of the existing Colombia Data Center market status, in-depth market analysis and insightful forecasts on the Data Center market size during the forecast period.
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Investments in the Colombia data center market are categorized into IT, power, cooling, and general construction services, and the size and forecast are presented.
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Comprehensive analysis of latest trends, growth rates, potential opportunities, growth constraints, and market outlook.
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It provides business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.
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Transparent research methodology and analysis of market demand and supply aspects.
A snapshot of existing and upcoming third-party data center facilities in Columbia
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I. Target facilities (existing): 20
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II. Identified facilities (to come): 10
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III.Scope: More than 05 cities
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IV. Existing vs. Future (Area)
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V. Existing and Future (IT Load Capacity)
Colombia data center colocation market
Vendor scenery
IT infrastructure provider
Data center construction contractors and subcontractors
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Aecom
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Fluor Co., Ltd.
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ZFB Group
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quark
supporting infrastructure provider
data center investor
new entrant
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ascenti
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Dark Americas
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edge connex
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scala data center
Existing vs. Future Data Center
Existing facilities in the area (area and power capacity)
List of future facilities in the area (area and power capacity)
For more information on this report, please visit https://www.researchandmarkets.com/r/udx31j.
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ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.
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