South America modular data centre market expected to thrive
NEWS he South America modular data centre market is estimated to
T hit USD $ 2.39 billion by 2030 according to a report published by Allied Market Research .
The report states that the market was pegged at USD $ 515.63 million in 2020 and would potentially register a
Compound Annual Growth Rate ( CAGR ) of 16.5 % from 2021 to 2030 .
The report provides an in-depth analysis of the top investment pockets , top winning strategies , Drivers and opportunities , market size and estimations , competitive landscape and changing market trends .
The South America modular data centre market is being driven by a rise in demand for rapidly deployable and scalable data centres , a surge in adoption of cloud services by SMEs , an increase in demand for green data centres and an expansion of global data centre industry players in South America .
Proliferation of emerging technologies such as Artificial Intelligence , Big Data and Internet-of-Things ( IoT ) has led to a significant rise in storage volume requirement , which in turn has impacted the South America modular data centre market positively .
On the other hand , challenges such as transportation and vendor lockvin impede the growth to some extent .
However , increasing demand for modular data centres by colocation providers is expected to create lucrative opportunities for key players in the industry .
Vantage Data Centers enters Asia-Pacific region
antage Data Centers , a leading global provider of hyperscale
V data centre campuses , has announced its expansion into the Asia- Pacific market through two acquisitions . DigitalBridge Investment Management , the company ’ s major stakeholder , along with participation from other existing Vantage investors , contributed an additional US $ 1.5 billion in equity capital . Following the closing of both transactions , Vantage will offer data centre services across Tokyo , Osaka , Melbourne , Hong Kong and Kuala Lumpur to hyperscale , cloud and large enterprise customers .
Vantage ’ s APAC expansion is anchored by two acquisitions . First , Vantage has acquired Agile Data Centers , a data centre provider in the Asia-Pacific region developing greenfield hyperscale campuses totalling 168MW of critical IT load in Tokyo , Osaka and Melbourne . bring local expertise , an established footprint , a strong management team and the ability to scale quickly ,” said Sureel Choksi , President and CEO , Vantage Data Centers .
Second , the data centre portfolio of PCCW DC , which DigitalBridge previously announced plans to acquire , will become part of Vantage upon the transaction closing . PCCW DC is one of the region ’ s leading data centre businesses with approximately 100MW of existing and expansion critical IT load across multiple facilities in Hong Kong and Kuala Lumpur .
“ The key to our global expansion has been finding well-aligned partners who
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