The Chile Data Center Market is expected to grow from USD 773 million in 2024 to USD 1.24 billion by 2030, marking an 8.27% CAGR. Key growth drivers include the appeal to hyperscalers and sustainable energy commitments, although water scarcity poses challenges. An industry association, Chile Data Centers, was formed in 2024 to address these concerns.
The investment analysis report on the Chile Data Center Market predicts significant growth from USD 773 million in 2024 to USD 1.24 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.27%. This upward trajectory positions Chile as an attractive site for hyperscale data center facilities, drawing interest from major companies like Google and AWS, thanks to its renewable energy commitment and solid infrastructure.
However, environmental concerns have emerged due to an ongoing drought expected to persist until 2040, raising issues regarding water resource usage for data centers. To address industry challenges, leading operators formed the Chile Data Centers association in November 2024, uniting companies including Equinix and Ascenty to support data center development.
The report encompasses various metrics such as market size, revenue forecasts, and power capacity across cities. It provides analysis on the colocation market and differentiates between wholesale and retail revenue models. There is also extensive coverage of existing and prospective data center facilities in Chile, illustrating the ongoing developments and technological advancements.
Santiago remains the focal point for data center operations, with many global operators like Cirion and EdgeConneX maintaining a presence. Notably, Ascenty holds a key position in terms of power capacity, illustrating the competitiveness within the industry. Various infrastructure providers, including Cisco and IBM, have also established a footing in this expanding market.
Furthermore, the report categorizes investments across IT and power services while providing insights into the growth dynamics and potential market constraints. This comprehensive outlook into the Chile Data Center Market serves as a crucial resource for stakeholders aiming to navigate investments effectively in this evolving landscape.
In conclusion, the Chile Data Center Market is poised for significant expansion, projected to reach USD 1.24 billion by 2030, driven by increasing demand from hyperscalers and strategic investments. However, environmental issues necessitate careful consideration of sustainable practices, particularly amidst concerns related to water consumption. The establishment of industry associations and the presence of major global operators highlight the importance of collaboration within the sector to meet future needs.
Original Source: www.globenewswire.com
