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Africa Data Center Market Size to Reach Revenues of around USD 5 Billion by 2026 - AriztonCHICAGO, April 13, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Africa data center market report. The Africa data center market is expected to grow at a CAGR of approximately 15% during the period 2020-2026. Key Highlights Offered in the Report:
Key Offerings:
Get your sample today! https://www.arizton.com/market-reports/africa-data-center-market Africa Data Center Market – Segmentation
Africa Data Center Market by Electrical Infrastructure
Africa Data Center Market by Mechanical Infrastructure
Africa Data Center Market by Cooling Technique
Africa Data Center Market by General Construction
Africa Data Center Market by Tier Standards
Africa Data Center Market – Dynamics The Africa data center market is increasingly moving towards digitization, with the rising adoption of the internet, the implementation of 5G services by a few telecom companies in Tier I cities, as well as improvement in overall connectivity in the region by way of terrestrial and subsea cables. The number of interconnected devices is also increasing significantly in recent years. By 2050, Africa will have 10 mega cities with over 150 million residents. These mega cities are expected to account for over 15% share of the global GDP. The rate of urbanization in Africa is expected to go up to 60% in 2050. This pace of urbanization will power the economy in the region and attract investments for technological advancements. Government-funded public administration initiatives are paving the way to the adoption of the Internet of Things (IoT) networks and related edge networks, 5G, and analytics applications in Africa. Smart city initiatives further emphasize the importance of data in improving communication among cities, citizens, automobiles, electronics, and devices. Key Drivers and Trends fueling Market Growth:
Africa Data Center Market – Geography South Africa is witnessing increased adoption of cloud-based solutions among enterprises and is rapidly emerging as a center for public and private cloud hosting, which will encourage more data center developments in the country. Cape Town and Johannesburg are the major preferred locations for data center development. For instance, AWS, a leading cloud service provider, has opened a cloud presence in Cape Town. This will help enterprises to gain faster access to their cloud service offerings at a cheaper rate in South Africa. The manufacturing, financial services, and healthcare sectors are among the major contributors to data center investments as these sectors are rapidly adopting cloud computing. The South African data center market is also increasingly adopting cloud technology. In September 2019, the data-only operator Rain, in partnership with Huawei, launched 5G network operations in South Africa. Vodacom and MTN have also launched commercial 5G services in the Tier I cities in South Africa, which will further increase the need for data storage, thereby increasing the requirement for additional data centers. Get your sample today! https://www.arizton.com/market-reports/africa-data-center-market Africa Data Center Market by Geography
Key Data Center Critical (IT) Infrastructure Providers
Key Data Center Support Infrastructure Providers
Key Data Center Investors
Key Construction Constructors
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About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected] Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg
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