The Chile Data Center Market will grow from USD 773 million in 2024 to USD 1.24 billion by 2030, at an 8.27% CAGR. Hyperscalers favor Chile for its renewable energy and infrastructure, though a prolonged drought poses challenges. New industry association, Chile Data Centers, aims to address these issues for growth.
The Chile Data Center Market, valued at USD 773 million in 2024, is projected to grow to USD 1.24 billion by 2030, with a compound annual growth rate (CAGR) of 8.27%. This growth is driven by Chile’s appeal to major tech companies such as Google, AWS, and Microsoft, primarily due to its renewable energy initiatives, advanced infrastructure, strategic geographic positioning, and supportive regulatory environment.
Despite its growth potential, the Chilean data center sector faces environmental challenges, notably a severe drought expected to persist until 2040, raising concerns about water usage in data center operations. In response to the evolving landscape, a new association, Chile Data Centers, was established in November 2024, uniting major industry players to address these concerns and foster growth.
The report outlines key features, including market sizing by investment, area, power capacity, and revenue from colocation services. It evaluates investment levels among colocation, hyperscale, and enterprise data center operators, detailing existing facilities and forecasting future developments.
Key metrics within the report include current and upcoming third-party data center facilities, spanning 37 existing and 9 anticipated facilities across 6 cities, focusing on both IT load capacity and area. The forecast examines trends, growth rates, opportunities, and potential challenges impacting the industry.
The vendor landscape features a mix of global and regional operators offering colocation services, with Equinix and Ascenty among the frontrunners. Santiago remains the primary hub for data center activity. Ascenty holds a significant share in power capacity, operating two facilities in Santiago with a combined power capacity of 10.2 MW.
The analysis includes an examination of IT infrastructure providers like Cisco and Dell, as well as construction contractors and investors. Furthermore, the report provides comprehensive insights into market segmentation relating to IT, electrical, mechanical infrastructure, general construction, and tier standards, paving the way for informed investment decisions.
The Chile Data Center Market is on a trajectory of significant growth, expected to reach USD 1.24 billion by 2030. The market’s expansion is bolstered by its attractiveness to major hyperscalers, despite environmental challenges posed by ongoing drought conditions. Industry collaboration through the Chile Data Centers association will be critical in navigating these challenges and fostering sustainable growth in the region’s data center landscape.
Original Source: www.globenewswire.com
