Data Center - Burkina Faso

Burkina Faso

Revenue in the Data Center market is projected to reach US$32.28m in 2024.
Network Infrastructure dominates the market with a projected market volume of US$19.11m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.66%, resulting in a market volume of US$40.54m by 2029.
In global comparison, most revenue will be generated in the United States (US$123.20bn in 2024).

Key regions: United States, Germany, India, Japan, China

Definition:

The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.

Structure:

The Data Center market is structured in three markets based on the services model provided by the companies.

The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.

Additional Information:

The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

The Data Center market in Burkina Faso is experiencing minimal growth due to factors such as limited infrastructure and high operational costs. Despite the increasing demand for digital services, the sub-markets of Servers, Storage, and Network Infrastructure face challenges in meeting this demand. Additionally, the lack of awareness and low technology adoption among consumers also contribute to the slow growth rate in the market.

Customer preferences: As internet usage continues to expand in Burkina Faso, there is a growing demand for reliable and secure data storage solutions. This has led to an increase in the adoption of data center services by businesses and organizations. Furthermore, with the rise of e-commerce and digital transactions, there is a need for robust infrastructure to support these activities. As a result, the data center market in Burkina Faso is expected to experience significant growth in the coming years.

Trends in the market: In Burkina Faso, there is a growing trend in the Data Center Market towards cloud computing and virtualization, as businesses and organizations seek to improve their data management and reduce costs. This trend is expected to continue as the country's digital infrastructure improves, with potential implications for industry stakeholders such as increased demand for data storage and security services. Furthermore, there is a push towards green data centers, with renewable energy sources being utilized to power these facilities, making them more sustainable and attractive to environmentally-conscious clients. These trends are significant as they reflect the country's increasing digitalization and offer opportunities for growth and innovation in the Data Center Market.

Local special circumstances: In Burkina Faso, the Data Center Market is influenced by the country's landlocked location and political stability, which have hindered the development of a robust telecommunications infrastructure. As a result, data centers face challenges in providing reliable and affordable internet connectivity. Moreover, the government's efforts to promote digitalization and attract foreign investments have led to the emergence of local data center providers and increased competition in the market. This, coupled with the growing demand for cloud services and data storage, is driving the growth of the Data Center Market in Burkina Faso.

Underlying macroeconomic factors: The Data Center Market in Burkina Faso is heavily influenced by macroeconomic factors such as the country's overall economic health, government policies and investments, and global economic trends. For instance, the government's efforts to improve the country's digital infrastructure and promote the adoption of technology-based solutions are expected to drive the demand for data center services. Moreover, the growing trend of data localization and data sovereignty regulations in various countries is likely to create opportunities for data center providers in Burkina Faso. Additionally, the increasing focus on digital transformation and the rising demand for cloud-based services are also expected to fuel the growth of the data center market in the country.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.