The Chile Data Center Market is projected to grow from USD 773 million in 2024 to USD 1.24 billion by 2030, driven by factors including renewable energy and infrastructure. However, significant environmental concerns arise due to an ongoing drought. Key operators have formed associations to better address these challenges and enhance industry collaboration.
The Chile Data Center Market is anticipated to experience substantial growth, projecting an increase from USD 773 million in 2024 to USD 1.24 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.27%. This growth is largely attributed to the nation’s strategic environment, which includes a commitment to renewable energy sources, superior infrastructure, optimal location, and accommodating regulations that appeal to leading hyperscalers like Google, AWS, and Microsoft.
However, the expansion of data centers in Chile faces challenges due to an ongoing significant drought expected to last until 2040, raising environmental concerns, particularly concerning water consumption and sustainable development practices. Furthermore, the formation of the Chile Data Centers association in November 2024, encompassing major operators such as Equinix and Scala Data Centers, highlights a unified approach towards addressing industry challenges in Chile.
This comprehensive report includes market forecasts segmented by investment types such as colocation, hyperscale, and enterprise operators, alongside assessments of infrastructural capabilities across six major cities. It captures existing facilities and planned constructions, detailing key attributes like square footage and IT load capacity, essential for understanding the market landscape.
The report also outlines significant players within the vendor landscape, identifying both global and local operators providing colocation services, with Santiago emerging as the preeminent hub for data center development. Leading companies such as Ascenty and EdgeConneX are positioned as key contributors based on their operational power capacities in the region.
In addition to an overview of the investment landscape, the report provides meticulous segmentation of IT, electrical, mechanical, and construction services, emphasizing infrastructure necessary for successful data center operations. The forecast extends through 2030, offering insights into projected capacity additions, market growth rates, and an analysis of driving factors in the Chilean data center market.
The Chile Data Center Market is poised for remarkable growth, with projections indicating a rise to $1.24 billion by 2030. While there are promising prospects driven by renewable energy initiatives and supportive infrastructure, challenges such as environmental sustainability must be addressed. As stakeholders unify through newly formed associations, the future of data center investments in Chile will likely depend on balancing growth aspirations with ecological considerations and efficient resource management.
Original Source: www.globenewswire.com
