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Data Center - Dominican Republic

Dominican Republic
  • Revenue in the Data Center market is projected to reach US$387.60m in 2024.
  • Network Infrastructure dominates the market with a projected market volume of US$295.50m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.93%, resulting in a market volume of US$493.00m by 2029.
  • In global comparison, most revenue will be generated United States (US$123.20bn in 2024).

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.

For more information on the data displayed, use the info button right next to the boxes.

In-Scope

  • Network Infrastructure, such as Cisco Routers and Switches, and Arista Network Ethernet Switches
  • Infrastructure Firewalls, such as Palo Alto Network Next-Generation Firewall, and Fortinet FortiGate Firewalls
  • Servers, such as Dell PowerEdge Servers, HPE ProLiant Servers, and IBM Power Systems
  • Storage, such as Dell EMC Storage Solutions, and NetApp Data Storage Systems

Out-Of-Scope

  • IT Infrastructure for Private Environments, such as VMware vSphere, and Cisco UCS
  • Software, such as Microsoft Windows Server, and Red Hat Enterprise Linux
  • Cloud Hosting Services, such as AWS, Microsoft Azure, and GCP
  • Network Infrastructure Services, such as IT Support Services, and Home Internet Services Providers (ISPs)
Data Center: market data & analysis - Cover

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Data Center: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Jul 2024

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The data center market in the Dominican Republic is experiencing slow growth, influenced by factors such as limited adoption of digital technologies, low health awareness among consumers, and challenges in infrastructure development. This is evident in the subdued growth rate of the sub-markets for servers, storage, and network infrastructure, which are all impacted by the lack of investment and resources in the country's data center industry.

    Customer preferences:
    As the demand for digital services continues to rise in the Dominican Republic, consumers are increasingly opting for cloud-based solutions for their personal and business needs. This trend is driven by the country's growing tech-savvy population and the need for remote work and collaboration due to the COVID-19 pandemic. Additionally, the government's initiatives to promote digital transformation and e-governance are further fueling the adoption of data center services.

    Trends in the market:
    In Dominican Republic, the Data Center Market is experiencing a surge in demand for cloud services, driven by the increasing adoption of digital transformation strategies by businesses. This trend is expected to continue on an upward trajectory, with more organizations looking to outsource their data storage and management needs to third-party providers. This shift towards cloud-based solutions has significant implications for industry stakeholders, as it presents opportunities for growth and innovation, while also posing challenges in terms of data security and compliance. Additionally, the emergence of edge computing is gaining momentum in the country, with the potential to further enhance the efficiency and performance of data centers.

    Local special circumstances:
    In Dominican Republic, the Data Center Market is heavily influenced by the country's tropical climate and vulnerability to natural disasters. This has led to a focus on building data centers that can withstand extreme weather conditions and ensure uninterrupted operations. Additionally, the country's growing economy and increasing demand for digital services have resulted in a regulatory environment that promotes investment in data center infrastructure. This unique combination of factors has made Dominican Republic a prime location for data center development in the Latin American region.

    Underlying macroeconomic factors:
    The Dominican Republic's Data Center Market is influenced by macroeconomic factors such as technological advancements, government support, and investment in digital infrastructure. Countries with favorable regulatory environments and strong investment in data centers are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for cloud services and the growth of internet usage in the country are driving the need for data centers to support digital transformation and economic growth.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jul 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    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.

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    Data Center: market data & analysis - BackgroundData Center: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Data centers - statistics & facts

    Although data centers may not make front page news, they serve a critical role as the infrastructure powering the most exciting developments in tech. While data centers were once known as small rooms housed on-site by business users, they have increasingly become extensive, centralized facilities managed by multinational operators. Many organizations rent data center capacity from a so-called colocation provider such as Equinix or Digital Realty, while others subscribe to cloud subscription services to take care of their storage and compute requirements. The global market was forecast to bring in 344 billion U.S. dollars in 2024, propelled by the adoption data intensive technologies.
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