Brazil Data Center Storage Market Size
| Study Period | 2018 - 2029 |
| Base Year For Estimation | 2022 |
| Market Size (2024) | USD 0.78 Billion |
| Market Size (2029) | USD 1.16 Billion |
| CAGR (2024 - 2029) | 8.40 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Brazil Data Center Storage Market Analysis
The Brazil Data Center Storage Market size is estimated at USD 0.78 billion in 2024, and is expected to reach USD 1.16 billion by 2029, growing at a CAGR of 8.40% during the forecast period (2024-2029).
Cloud computing is a major accelerating factor in the demand for data center storage. Brazil announced USD 75 billion in infrastructure financing as part of a Growth Acceleration Programme. There is an increase in the structures of large US-based providers like AWS, Google, Microsoft, IBM, and Oracle, which carry contract operations in the interior of São Paulo and in Rio de Janeiro. The expansion plans also include projections for operations of Chinese giants in the country. Such factors are drving the demand for the market.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the Brazilian data center market is expected to reach 1,200 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 0.4 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach 231000 units by 2029. Sao Paulo is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are close to 16 submarine cable systems connecting Brazil, and many are under construction.
Brazil Data Center Storage Market Trends
IT and Telecom to Hold Significant Market Share
- The Brazilian telecom industry made strides in expanding its network capacity with more fiber and wireless deployments. The demand for edge data centers from the growth of 5G is expected to increase during the forecast period.
- In September 2023, V.tal unveiled V.OA, a new project to build another edge data center. It is estimated to have a total power of 6 MW and 400 racks.
- By 2035, the introduction of 5G in Brazil may have an economic impact of USD 1.2 trillion and a productivity boost of USD 3 trillion. Thus, the inclusion of network advancements may increase data generation and lead to the demand for more data processing facilities for analysis and storage.
- The 5G spectrum winners are expected to meet various buildout obligations, including coverage to 26 capital cities and the federal district by July 2022, coverage to all municipalities with more than 30,000 inhabitants by 2029, and 4G coverage to all towns with more than 600 inhabitants by 2028. Owing to such factors, the demand for data centers from the telecom segment is constantly rising, mirrored by a rapid rise in data center storage. The manufacturers of data centers are developing cutting-edge, affordable solutions that are scalable and secure to fulfill the rising demand from the telecom industries.
All-Flash Storage to Witness Significant Growth
- The adoption of flash storage is highly dependent on its benefits, such as power consumption, increasing performance, and ease of maintenance, which have been boosting the adoption rate. Mission-critical applications, including real-time analytics and demanding database systems, can be performed easily with flash storage systems. The adoption of cloud technology is leading the demand for all-flash storage.
- Brazil is one of the most active cloud markets in Latin America. The country is experiencing high demand for critical services that connect LATAM to the global market. Cloud adoption in Brazil has grown by 40% since 2019, and it is projected to grow to 19% by 2033. In May 2023, China Telecom do Brasil launched eSurfing Cloud services in the country.
- With big data and analytics, data access and processing patterns demand higher storage performance and increased concurrency (big data aggravates data mobility issues), where the NVMe-based SSD is gaining traction in the market studied. Most resources are likely to be used to purchase big data and analytics solutions in Brazil. As per industry experts, a 28% increase to USD 490 million will be made in machine learning (ML) and artificial intelligence (AI) spending by 2025.
- Recently, Dell launched midrange all-flash enterprise storage arrays in Brazil. The PowerStore featured seven times faster and three times lower latency than previous Dell EMC midrange storage arrays. It was specifically designed with the faster NVMe (non-volatile memory express) protocol and supported storage-class memory through Intel Optane solid-state drives.
Brazil Data Center Storage Industry Overview
Brazil's data center storage market is moderately consolidated among the players and has gained a competitive edge in recent years. A few major players are Dell Inc., Hewlett Packard Enterprise, and Huawei Technologies Co. Ltd. These major players have a prominent market share and focus on expanding their customer base across the region. These companies leverage strategic collaborative initiatives to increase their market share and profitability. For instance,
- In March 2024, Western Digital expanded its product lineup with the introduction of a 24 TB WD Red Pro mechanical hard drive designed specifically for NAS (network-attached storage) applications. The company launched a 24TB model earlier, targeted at enterprise and data center use.
- In March 2024, Pure Storage launched advanced data storage technologies and services. The company announced new self-service capabilities across its Pure1 storage management platform and Evergreen portfolio, offering software-based solutions, all via a single platform experience, to global customers.
Brazil Data Center Storage Market Leaders
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Dell Inc.
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Hewlett Packard Enterprise
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Huawei Technologies Co. Ltd.
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Pure Storage Inc.
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Lenovo Group Limited
*Disclaimer: Major Players sorted in no particular order
Brazil Data Center Storage Market News
- March 2024: Dell, in collaboration with NVIDIA, launched NVIDIA DGX systems. With this, Dell PowerScale was validated for NVIDIA DGX SuperPOD. Using Dell's industry-leading network-attached storage, customers can confidently boost their AI and GenAI initiatives. The NVIDIA AI Enterprise software platform, which provides a full-stack, secure, and stable AI supercomputing solution, is part of NVIDIA DGX SuperPOD.
- April 2023: Hewlett Packard Enterprise announced new file, block, disaster, and backup recovery data services designed to help customers eliminate data silos, reduce cost and complexity, and improve performance. The new file storage data services deliver scale-out, enterprise-grade performance for data-intensive workloads, and the expanded block services provide mission-critical storage with mid-range economics.
Brazil Data Center Storage Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increased Storage Capacity and Price Reduction Leading to Preference over HDDs
4.2.2 Evolution of Hybrid Flash Arrays and Increased Sales of all Flash Arrays
4.3 Market Restraints
4.3.1 Compatibility and Optimum Storage Performance Issues
4.4 Value Chain/Supply Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Assessment of COVID-19 Impact
5. MARKET SEGMENTATION
5.1 By Storage Technology
5.1.1 Network Attached Storage (NAS)
5.1.2 Storage Area Network (SAN)
5.1.3 Direct Attached Storage (DAS)
5.1.4 Other Technologies
5.2 By Storage Type
5.2.1 Traditional Storage
5.2.2 All-Flash Storage
5.2.3 Hybrid Storage
5.3 By End User
5.3.1 IT & Telecommunication
5.3.2 BFSI
5.3.3 Government
5.3.4 Media & Entertainment
5.3.5 Other End Users
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Dell Inc.
6.1.2 Hewlett Packard Enterprise
6.1.3 Huawei Technologies Co. Ltd
6.1.4 Pure Storage Inc.
6.1.5 Lenovo Group Limited
6.1.6 Fujitsu Limited
6.1.7 Zadara Inc.
6.1.8 Nutanix Inc.
6.1.9 Oracle Corporation
6.1.10 KIOXIA Singapore Pte. Ltd
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
Brazil Data Center Storage Industry Segmentation
Data center storage encompasses devices, hardware, networking equipment, and software technologies facilitating the storage of data and applications within data center facilities, which are used for storing, managing, retrieving, distributing, and backing up digital information within such facilities.
The Brazilian data center storage market is segmented by storage technology (network attached storage (NAS), storage area network (SAN), and direct attached storage (DAS)), storage type (traditional storage, all-flash storage, hybrid storage), and end user (IT & telecommunication, BFSI, government, media & entertainment, and other end-user). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Storage Technology | |
| Network Attached Storage (NAS) | |
| Storage Area Network (SAN) | |
| Direct Attached Storage (DAS) | |
| Other Technologies |
| By Storage Type | |
| Traditional Storage | |
| All-Flash Storage | |
| Hybrid Storage |
| By End User | |
| IT & Telecommunication | |
| BFSI | |
| Government | |
| Media & Entertainment | |
| Other End Users |
Brazil Data Center Storage Market Research FAQs
How big is the Brazil Data Center Storage Market?
The Brazil Data Center Storage Market size is expected to reach USD 0.78 billion in 2024 and grow at a CAGR of 8.40% to reach USD 1.16 billion by 2029.
What is the current Brazil Data Center Storage Market size?
In 2024, the Brazil Data Center Storage Market size is expected to reach USD 0.78 billion.
Who are the key players in Brazil Data Center Storage Market?
Dell Inc., Hewlett Packard Enterprise, Huawei Technologies Co. Ltd., Pure Storage Inc. and Lenovo Group Limited are the major companies operating in the Brazil Data Center Storage Market.
What years does this Brazil Data Center Storage Market cover, and what was the market size in 2023?
In 2023, the Brazil Data Center Storage Market size was estimated at USD 0.71 billion. The report covers the Brazil Data Center Storage Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Data Center Storage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Data Center Storage Industry Report
Statistics for the 2024 Brazil Data Center Storage market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Data Center Storage analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
