Data Center - Zimbabwe

Zimbabwe

Revenue in the Data Center market is projected to reach US$64.02m in 2024.
Servers dominates the market with a projected market volume of US$39.68m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.40%, resulting in a market volume of US$105.00m 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.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Data Center market in Zimbabwe has seen minimal growth due to factors such as limited investment and infrastructure, as well as economic challenges. However, the sub-markets of Servers, Storage, and Network Infrastructure have potential to drive growth with increasing demand for digital solutions and rising awareness of the benefits they offer. The slow growth rate is impacted by the country's economic conditions and lack of resources, hindering the market's potential.

Customer preferences: As technology continues to advance and become more accessible in Zimbabwe, there is a growing demand for data center services. This is driven by the increasing use of online platforms for communication, entertainment, and e-commerce. Additionally, with the rise of remote work and virtual learning, individuals and businesses are relying on data centers for reliable and secure storage and access to their data. This trend is expected to continue as more people embrace digital solutions and the need for efficient and secure data management increases.

Trends in the market: In Zimbabwe, the Data Center Market is experiencing a shift towards cloud-based services, with businesses increasingly adopting cloud-based solutions for data storage and management. This trend is significant as it allows for cost-effective and scalable data management, which is crucial for businesses in a developing economy. Additionally, the rise of e-commerce and the need for reliable data storage and security is further driving the demand for data centers in the country. This trend is expected to continue, with potential implications for industry stakeholders such as data center providers, cloud service providers, and businesses relying on data-driven operations.

Local special circumstances: In Zimbabwe, the Data Center Market is influenced by the country's challenging economic and political landscape. The high inflation rates and currency instability have led to an increased demand for reliable and secure data storage solutions. Additionally, the government's strict regulations on data privacy and security have driven the adoption of advanced data center technologies. This unique combination of factors has created a competitive market with a focus on cost-effective and efficient data management solutions.

Underlying macroeconomic factors: The Data Center Market in Zimbabwe is greatly influenced by macroeconomic factors such as the country's economic stability, government policies, and investments in technology infrastructure. The current trend of digitalization and the growing demand for cloud-based services are driving the growth of the data center market in Zimbabwe. The government's efforts to improve the country's internet connectivity and promote e-commerce are also contributing to the market's growth. Moreover, the increasing demand for data storage and management solutions from various industries, such as healthcare, finance, and telecommunications, is further propelling the growth of the data center market in Zimbabwe.

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.