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Chile Data Center Market Size

The Chile Data Center Market is experiencing significant growth, driven by increasing demand for data processing, storage, and analysis. The market's expansion is largely attributed to the shift towards tier 3 and 4 facilities, which are gaining prominence due to their advanced technology and cloud-based services. As sectors like e-commerce and BFSI expand, and with the rising adoption of cloud computing among Chilean businesses, the market's infrastructure is rapidly developing. This growth trajectory highlights a substantial increase in market capacity and revenue generation over the forecast period.

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Market Size of chile data center Industry

Chile Data Center Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Volume (2024) 302.7 MW
svg icon Market Volume (2029) 480.9 MW
svg icon Largest Share by Tier Type Tier 3
svg icon CAGR (2024 - 2029) 9.70 %
svg icon Fastest Growing by Tier Type Tier 4
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Chile Data Center Market Analysis

The Chile Data Center Market size is estimated at 302.7 MW in 2024, and is expected to reach 480.9 MW by 2029, growing at a CAGR of 9.70%. Further, the market is expected to generate colocation revenue of USD 2,591 Million in 2024 and is projected to reach USD 4,530.5 Million by 2029, growing at a CAGR of 11.82% during the forecast period (2024-2029).

USD 2,591.01 Million

Market Size in 2024

USD 4,530.5 Million

Market Size in 2029

22.7%

CAGR (2017-2023)

11.8%

CAGR (2024-2029)

IT Load Capacity

302.7 MW

Value, IT Load Capacity, 2024

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The IT load capacity of the data center market will have steady growth and is expected to reach 480.9 MW by 2029. Manufacturing, BFSI, and e-commerce primarily catalyze growing IT load capacity by increasing data consumption.

Total Raised Floor Space

Sq. Ft. 1.51 M

Volume, Raised Floor Space, 2024

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The total raised floor area of the country is expected to increase to 2.4 million sq. ft by 2029. The increased internet usage and the adoption of more smartphones are factors contributing to the rise DC facilities.

Installed Racks

75,672

Volume, Installed Racks, 2024

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The number of installed racks is expected to reach 120,224 units by 2029. In Santiago, several cloud service providers and multinational corporations investment would increase DC market.

# of DC Operators & DC Facilities

26 and 50

Volume, DC Facilities, 2024

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There are 50 colocation data center facilities in Chile. Santiago is the major hotspot in the country. The increasing adoption of the cloud by most businesses is one of the factors boosting the number of data centers in the nation.

Leading Market Player

17%

Market Share, Ascenty (Digital Realty Trust, Inc.), Inc.)

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Ascenty has two data center facilities in the Netherlands. These facilities have a 109,752 sq. ft net rentable capacity and 30.59 MW IT load capacity with more than 2000 units of average racks.

Tier 3 data centers accounts for majority market share in 2023, Tier-4 is the fastest growing in forecasted period

  • Tier 1 and 2 facilities may gradually experience a decline in demand and growth in the coming years. By 2029, these facilities are anticipated to hold a market share of 1.4% with little expansion, owing to the lengthy and irregular outages. Due to the rising demand for data processing, storing, and analysis, the majority of customers will eventually transition to tier 3 and 4 facilities, which hold 37.9% and 60.7% of the market share, respectively.
  • The e-commerce and BFSI sectors of the country are growing. Recently, mobile banking usage has increased in Chile. For instance, cards were used to make about 55% of internet purchases in Chile. A total of 14% and 13% of online purchases are made via digital wallets and bank transfers, respectively. Tier 4 data centers are anticipated to record dramatic growth in the coming years as more companies are offering cloud-based services and building colocation spaces with the most advanced technology. With the rising preference for the cloud, growing data consumption, and the development of more than half a billion digital objects, Chile's data center infrastructure is expanding tremendously.
  • Many Chilean businesses are switching to cloud computing. In 2022, Chile's public sector was responsible for 17% of all IT company spending.
Chile Data Center Market

Chile Data Center Industry Segmentation

Santiago are covered as segments by Hotspot. Large, Massive, Medium, Mega, Small are covered as segments by Data Center Size. Tier 1 and 2, Tier 3, Tier 4 are covered as segments by Tier Type. Non-Utilized, Utilized are covered as segments by Absorption.

  • Tier 1 and 2 facilities may gradually experience a decline in demand and growth in the coming years. By 2029, these facilities are anticipated to hold a market share of 1.4% with little expansion, owing to the lengthy and irregular outages. Due to the rising demand for data processing, storing, and analysis, the majority of customers will eventually transition to tier 3 and 4 facilities, which hold 37.9% and 60.7% of the market share, respectively.
  • The e-commerce and BFSI sectors of the country are growing. Recently, mobile banking usage has increased in Chile. For instance, cards were used to make about 55% of internet purchases in Chile. A total of 14% and 13% of online purchases are made via digital wallets and bank transfers, respectively. Tier 4 data centers are anticipated to record dramatic growth in the coming years as more companies are offering cloud-based services and building colocation spaces with the most advanced technology. With the rising preference for the cloud, growing data consumption, and the development of more than half a billion digital objects, Chile's data center infrastructure is expanding tremendously.
  • Many Chilean businesses are switching to cloud computing. In 2022, Chile's public sector was responsible for 17% of all IT company spending.
Hotspot
Santiago
Rest of Chile
Data Center Size
Large
Massive
Medium
Mega
Small
Tier Type
Tier 1 and 2
Tier 3
Tier 4
Absorption
Non-Utilized
Utilized
By Colocation Type
Hyperscale
Retail
Wholesale
By End User
BFSI
Cloud
E-Commerce
Government
Manufacturing
Media & Entertainment
Telecom
Other End User
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Chile Data Center Market Size Summary

The Chile Data Center Market is experiencing significant growth, driven by the increasing demand for data processing, storage, and analysis. This expansion is largely fueled by the burgeoning e-commerce and BFSI sectors, alongside the rising adoption of cloud computing and mobile banking services. As more businesses transition to cloud-based solutions, there is a notable shift towards tier 3 and 4 data centers, which are expected to dominate the market share. The rollout of 5G networks and the surge in smartphone usage have further contributed to the escalating data traffic, necessitating the development of advanced data center infrastructure. This trend is supported by the growing number of digital transactions and the increasing preference for digital wallets and bank transfers in the country.

The market landscape is characterized by a fragmented structure, with key players such as EdgeConneX Inc., EdgeUno Inc., Empresa Nacional de Telecomunicaciones SA (Entel), Equinix Inc., and General Datatech L.P. (GDT) holding significant positions. Recent investments and expansions, including the construction of new data centers by Ascenty and the acquisition of facilities by Equinix, highlight the ongoing efforts to enhance data center capabilities in Chile. The market is poised for continued growth, with projections indicating substantial increases in both capacity and revenue over the forecast period. This growth trajectory is supported by the increasing digitalization of services, the expansion of smartphone penetration, and the rising demand for robust data infrastructure to support the country's digital economy.

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Chile Data Center Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (INCLUDES MARKET SIZE IN VOLUME, FORECASTS UP TO 2029 AND ANALYSIS OF GROWTH PROSPECTS)

    1. 1.1 Hotspot

      1. 1.1.1 Santiago

      2. 1.1.2 Rest of Chile

    2. 1.2 Data Center Size

      1. 1.2.1 Large

      2. 1.2.2 Massive

      3. 1.2.3 Medium

      4. 1.2.4 Mega

      5. 1.2.5 Small

    3. 1.3 Tier Type

      1. 1.3.1 Tier 1 and 2

      2. 1.3.2 Tier 3

      3. 1.3.3 Tier 4

    4. 1.4 Absorption

      1. 1.4.1 Non-Utilized

      2. 1.4.2 Utilized

        1. 1.4.2.1 By Colocation Type

          1. 1.4.2.1.1 Hyperscale

          2. 1.4.2.1.2 Retail

          3. 1.4.2.1.3 Wholesale

        2. 1.4.2.2 By End User

          1. 1.4.2.2.1 BFSI

          2. 1.4.2.2.2 Cloud

          3. 1.4.2.2.3 E-Commerce

          4. 1.4.2.2.4 Government

          5. 1.4.2.2.5 Manufacturing

          6. 1.4.2.2.6 Media & Entertainment

          7. 1.4.2.2.7 Telecom

          8. 1.4.2.2.8 Other End User

Chile Data Center Market Size FAQs

The Chile Data Center Market is projected to register a CAGR of 9.70% during the forecast period (2024-2029).

EdgeConneX Inc., EdgeUno Inc., Empresa Nacional de Telecomunicaciones SA (Entel), Equinix Inc. and General Datatech L.P. (GDT) are the major companies operating in the Chile Data Center Market.

Chile Data Center Market Report Snapshots

Chile Data Center Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029