The Chile Data Center Market is projected to grow from USD 773 million in 2024 to USD 1.24 billion by 2030, with a CAGR of 8.27%. Key drivers include engagement from hyperscalers, a strong emphasis on renewable energy, and strategic development initiatives, despite ongoing challenges posed by drought conditions. A new association, Chile Data Centers, was established to support market stakeholders.
The Chile Data Center Market report indicates a value increase from USD 773 million in 2024 to a projected USD 1.24 billion by 2030, with a compound annual growth rate (CAGR) of 8.27%. The nation has rapidly attracted major hyperscale companies like Google, AWS, and Microsoft, primarily due to its commitment to renewable energy and competitive regulations. However, current drought conditions pose environmental challenges, particularly regarding water usage for data centers.
In November 2024, prominent operators including Equinix and Ascenty established the Chile Data Centers association to address the sector’s growth and collaboration. The report highlights key features of the market, including data center investments categorized by colocation types and the infrastructure landscape across several cities.
The Chile market encompasses around 37 existing data centers with an additional 9 upcoming projects, primarily located in Santiago, the central hub for data center activities. This landscape features significant operators like Ascenty, noted for their power capacity, currently utilizing 9.2 MW out of a total of 10.2 MW across their facilities. The overall investment is broken down into IT, cooling, and construction categories, providing insights into current trends and future opportunities.
Research indicates that the market is supported by reputable IT infrastructure providers such as Cisco and IBM, alongside various construction contractors and support infrastructure providers, ensuring a comprehensive ecosystem. The report summarizes the anticipated growth trajectory for data center power capacity from 2025 to 2030, reaffirming the industry’s potential in Chile.
In summary, the Chile data center market is on a notable growth path, characterized by increasing investments and the establishment of significant operational frameworks. While the market grapples with environmental challenges related to water usage, its strategic advantages such as renewable energy commitment enhance its attractiveness to global players. The formation of the Chile Data Centers association reflects a unified approach towards advancing the sector, paving the way for robust growth and sustainability in the coming years.
Original Source: www.globenewswire.com
