Data Center - Argentina

  • Argentina
  • Revenue in the Data Center market is projected to reach US$1.20bn in 2024.
  • Servers dominates the market with a projected market volume of US$0.63bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 4.11%, resulting in a market volume of US$1.41bn by 2028.
  • In global comparison, most revenue will be generated in the United States (US$99.16bn in 2024).

Key regions: United States, Germany, India, Japan, China

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Data Center market in Argentina has been experiencing significant growth in recent years.

Customer preferences:
Customers in Argentina are increasingly demanding data center services to support their digital transformation initiatives. This includes the need for reliable and secure infrastructure to store and process large amounts of data. Additionally, there is a growing preference for data centers that are located within the country, as this provides better latency and compliance with local data protection regulations.

Trends in the market:
One of the key trends in the Data Center market in Argentina is the increasing adoption of cloud computing services. As businesses in Argentina look to modernize their IT infrastructure, many are turning to cloud providers to meet their computing and storage needs. This has led to a surge in demand for data center services to support the infrastructure required for cloud computing. Another trend in the market is the growing importance of data privacy and security. With the increasing amount of data being generated and stored, businesses in Argentina are prioritizing the protection of sensitive information. This has resulted in a greater demand for data centers that offer advanced security measures, such as biometric access controls and encryption technologies.

Local special circumstances:
Argentina has a large and growing population, which has led to an increasing demand for digital services. This has created a need for data centers to support the infrastructure required to deliver these services. Additionally, the country has a strong technology sector, with many local and international companies operating in Argentina. These companies require data center services to support their operations and ensure the availability of their digital services.

Underlying macroeconomic factors:
The growth of the Data Center market in Argentina can be attributed to several macroeconomic factors. Firstly, the country has experienced a period of economic stability in recent years, which has created a favorable business environment for investment in data center infrastructure. Additionally, the government has implemented policies to promote digital transformation and attract foreign investment in the technology sector. This has further stimulated the growth of the Data Center market in Argentina. In conclusion, the Data Center market in Argentina is experiencing significant growth due to customer preferences for reliable and secure infrastructure, the increasing adoption of cloud computing services, and the growing importance of data privacy and security. The local special circumstances, including the large and growing population and the presence of a strong technology sector, further contribute to the growth of the market. Additionally, favorable macroeconomic factors, such as economic stability and government policies, have created a conducive environment for investment in data center infrastructure in Argentina.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)