Data Center - Mexico

Mexico

Revenue in the Data Center market is projected to reach US$3.87bn in 2024.
Network Infrastructure dominates the market with a projected market volume of US$2.71bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.51%, resulting in a market volume of US$5.06bn 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 Mexico is experiencing significant growth and development.

Customer preferences: Customers in Mexico are increasingly demanding data center solutions that offer high reliability, security, and scalability. They are looking for providers that can offer customized services to meet their specific business needs and compliance requirements.

Trends in the market: One of the key trends in the Data Center market in Mexico is the growing adoption of cloud services. Businesses are shifting towards cloud-based solutions to improve efficiency, reduce costs, and enhance flexibility. This trend is driving the demand for data center services that can support cloud infrastructure and applications. Another important trend is the focus on sustainability and energy efficiency in data center operations. With increasing awareness of environmental issues, data center providers in Mexico are investing in green technologies and practices to minimize their carbon footprint and reduce energy consumption.

Local special circumstances: Mexico's geographical location makes it prone to natural disasters such as earthquakes and hurricanes. As a result, data center providers in the country are implementing robust disaster recovery and business continuity measures to ensure the uninterrupted operation of their facilities. Additionally, Mexico's regulatory environment and data privacy laws are influencing the design and operation of data centers to ensure compliance with local regulations.

Underlying macroeconomic factors: The growing digital economy in Mexico, fueled by increasing internet penetration and smartphone adoption, is driving the demand for data center services. Businesses are leveraging data analytics, IoT, and AI technologies to gain a competitive edge, leading to a higher demand for data storage and processing capabilities. Additionally, foreign investment in Mexico's data center market is increasing, attracted by the country's strategic location, skilled workforce, and favorable business environment.

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.