Data Center - Gabon

Gabon

Revenue in the Data Center market is projected to reach US$24.51m in 2024.
Network Infrastructure dominates the market with a projected market volume of US$14.63m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.88%, resulting in a market volume of US$31.10m 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 Gabon is experiencing minimal growth due to factors such as limited investment in digital infrastructure, low technology adoption, and lack of awareness among consumers. The slow growth rate can also be attributed to challenges in the sub-markets of servers, storage, and network infrastructure, such as high costs and inadequate infrastructure. However, with increasing demand for data storage and processing, the market is expected to see moderate growth in the coming years.

Customer preferences: As the demand for high-speed internet services continues to grow in Gabon, there has been a notable shift towards cloud-based solutions in the Data Center Market. This trend is driven by the increasing adoption of cloud-based applications and services, as well as the need for efficient data storage and management. Additionally, the country's young and tech-savvy population is driving the demand for digital solutions, indicating a growing preference for convenience and accessibility.

Trends in the market: In Gabon, the Data Center Market is experiencing a surge in demand for cloud-based services, as businesses and organizations shift towards remote work and digitalization. This trend is expected to continue in the coming years, with a projected growth of 12% annually. The significance of this trend lies in its ability to improve efficiency and reduce costs for companies, while also providing better scalability and data security. However, it may also pose challenges for industry stakeholders, such as the need for continuous infrastructure updates and potential competition from global players. Nevertheless, with Gabon's strategic location and government support, the outlook for the Data Center Market remains promising.

Local special circumstances: In Gabon, the Data Center Market is experiencing growth due to the government's efforts to promote digitalization and improve internet infrastructure. The country's small size and high urbanization rate have also led to a high demand for data center services. Additionally, the market is influenced by Gabon's oil-based economy, with many data centers catering to the needs of the energy sector. This unique combination of factors makes Gabon a promising market for data center providers looking to expand into Africa.

Underlying macroeconomic factors: The Data Center Market in Gabon is influenced by various macroeconomic factors, such as the country's overall economic health, global economic trends, and fiscal policies. Gabon's economy is heavily reliant on oil exports, making it vulnerable to fluctuations in global oil prices. This, coupled with the country's high debt levels, has resulted in slower economic growth in recent years. However, the government's efforts to diversify the economy and promote investments in digital infrastructure are expected to drive market growth. Additionally, the increasing demand for cloud-based services and data storage solutions, along with the rising adoption of emerging technologies, are also contributing to the growth of the Data Center Market in Gabon.

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.