Data Center - Mexico

Mexico

Revenue in the Data Center market is projected to reach €3.20bn in 2024.
Network Infrastructure dominates the market with a projected market volume of €2.26bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.13%, resulting in a market volume of €4.06bn by 2028.
In global comparison, most revenue will be generated in the United States (€90.65bn 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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Comparación de regiones

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Analyst Opinion

The Data Center market in Mexico has been steadily growing in recent years, driven by increasing demand for digital services and the need for efficient data storage and processing solutions.

Customer preferences: Customers in Mexico are increasingly relying on digital services, such as e-commerce, online banking, and streaming platforms. This has led to a surge in data generation, requiring businesses to invest in robust data center infrastructure to store, process, and analyze this data. Additionally, there is a growing preference for cloud computing services, as businesses seek scalable and cost-effective solutions to manage their data and applications.

Trends in the market: One of the key trends in the Mexican Data Center market is the increasing adoption of colocation services. Many businesses are opting to outsource their data center infrastructure to specialized providers, allowing them to focus on their core operations while benefiting from the expertise and reliability of these providers. This trend is driven by factors such as cost savings, improved security, and access to advanced technologies. Another trend in the market is the rise of edge computing. With the proliferation of Internet of Things (IoT) devices and the need for real-time data processing, businesses are looking to deploy edge data centers closer to the source of data generation. This enables faster data processing and reduces latency, which is crucial for applications such as autonomous vehicles, smart cities, and industrial automation.

Local special circumstances: Mexico's geographic location makes it an attractive destination for data center investments. Its proximity to the United States allows for low-latency connections to major hubs in North America. Additionally, Mexico has a large and growing population, with increasing internet penetration rates. This provides a vast market for digital services and drives the need for robust data center infrastructure.

Underlying macroeconomic factors: Mexico has been experiencing steady economic growth in recent years, which has contributed to the development of the Data Center market. The country's stable political environment and favorable business climate have attracted foreign investments in the sector. Furthermore, the Mexican government has implemented policies to promote digital transformation and attract technology companies, which has further boosted the Data Center market. In conclusion, the Data Center market in Mexico is experiencing significant growth due to increasing customer preferences for digital services, the adoption of colocation and edge computing solutions, and the country's favorable macroeconomic factors. With the continued expansion of digital services and the need for efficient data management, the Data Center market in Mexico is expected to continue its upward trajectory in the coming years.

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.