Nigeria Data Center Market Investment Analysis Report 2023-2029 - Growing Shift from On-premise Facilities to the Cloud and Colocation Data Centers Bodes Well for the Sector
DUBLIN, Jan. 25, 2023 /PRNewswire/ -- The "Nigeria Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.
Nigeria data center market is expected to grow at a CAGR of 13.02% during 2022-2027
This report analyses the Nigeria data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.
The growth of the Nigeria data center market is attributed to factors such as the launch of 5G, the interest shown in the market by global operators such as Equinix and Digital Realty, the shift from on-premise facilities to the cloud and colocation data center by enterprises, among other factors.
Implementing the Nigeria Data Protection Regulation (NDPR) will also be a significant driver for the country's increase in data center development, resulting in data localization initiatives and an increase in local data storage and computation requirements.
The future demand for data centers, especially from a colocation perspective, will come from sectors such as cloud and large technology companies to expand their operations in Western Africa. The Renewable Energy Master Plan (REMP) in Nigeria aims to increase the share of renewable energy in the overall energy mix to 23% in 2025 and 36% in 2030.
WHY SHOULD YOU BUY THIS RESARCH?
EXISTING VS. UPCOMING DATA CENTERS
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
For more information about this report visit https://www.researchandmarkets.com/r/i67ydh
Media Contact: Laura Wood | +353-1-481-1716 | [email protected]
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