Mexico Data Center Construction Market Size (2024 - 2029)

The Mexico Data Center Construction Market is projected to experience significant growth over the forecast period, with its market size expanding considerably. This growth is driven by the development of IT load capacity, raised floor space, and the installation of a substantial number of racks. Additionally, the construction of submarine cable systems, such as the Caribbean Express, is expected to enhance connectivity, further contributing to the market's expansion.

Market Size of Mexico Data Center Construction Industry

Mexico Data Center Construction Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2023
Market Size (2024) USD 1.40 Billion
Market Size (2030) USD 2.20 Billion
CAGR (2024 - 2030) 7.36 %
Market Concentration Medium

Major Players

Mexico Data Center Construction Market Major Players

*Disclaimer: Major Players sorted in no particular order

Mexico Data Center Construction Market Analysis

The Mexico Data Center Construction Market size is estimated at USD 1.40 billion in 2024, and is expected to reach USD 2.20 billion by 2030, growing at a CAGR of 7.36% during the forecast period (2024-2030).

  • Under Construction IT Load Capacity: The upcoming IT load capacity of the Mexican data center construction market is expected to reach more than 420 MW by 2030.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase by more than 1.8 million sq. ft by 2030.
  • Planned Racks: The country's total number of racks to be installed is expected to reach more than 95,000 units in six years. Querétaro is expected to house the maximum number of racks by 2030.
  • Planned Submarine Cables: Close to eight submarine cable systems are connecting Mexico. Many are under construction. One such submarine cable, estimated to be built in the next two years, is Caribbean Express (CX), which stretches over 3472 km with landing points in Cancún, Mexico.
  • Major tech companies like AWS, Microsoft, Oracle, IBM, and Huawei have announced new cloud regions/availability zones in Latin America. For instance, Google confirmed in March 2023 that its upcoming Mexico cloud region would be located in the state. Oracle has hosted one of its Mexico cloud regions in the Telmex Querétaro data center since 2019. AWS and Microsoft are reportedly developing their cloud regions in Mexico.

Mexico Data Center Construction Industry Segmentation

A data center is a physical room, building, or facility that holds IT infrastructure used to construct, run, and provide applications and services and store and manage the data connected with those applications and services. Under data center construction, the report tracks the capital expenditure incurred while building the existing data center facilities and estimates the future CAPEX based on upcoming data center facilities.

The Mexican data center construction market is segmented by infrastructure (electrical infrastructure (power distribution solution (PDU, transfer switches, switchgear, power panels and components, and other power distribution solutions)), power backup solution (UPS, generators), service – design & consulting, integration, support & maintenance)), mechanical infrastructure (cooling systems (immersion cooling, direct-to-chip cooling, rear door heat exchanger, in-row and in-rack cooling)), racks, and other mechanical infrastructure)), and general construction)), tier type (tier 1 and 2, tier 3, and tier 4), and end user (banking, financial services and insurance, IT and telecommunications, government and defense, healthcare, and other end user). The market sizes and forecasts are provided in USD value for all the above segments.

Market Segmentation - By Infrastructure
Market Segmentation - By Electrical Infrastructure
Power Distribution Solution
PDU - Basic & Smart - Metered & Switched Solutions
Transfer Switches
Static
Automatic (ATS)
Switchgear
Low-Voltage
Medium-Voltage
Power Panels and Components
Other Power Distribution Solutions
Power Backup Solutions
UPS
Generators
Service Design & Consulting, Integration, Support & Maintenance
Market Segmentation - By Mechanical Infrastructure
Cooling Systems
Immersion Cooling
Direct-To-Chip Cooling
Rear Door Heat Exchanger
In-Row and In-Rack Cooling
Racks
Other Mechanical Infrastructure
General Construction
Market Segmentation - By Tier Type
Tier-I and II
Tier-III
Tier-IV
Market Segmentation - By End User
Banking, Financial Services, and Insurance
IT and Telecommunications
Government and Defense
Healthcare
Other End Users
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Mexico Data Center Construction Market Size Summary

The Mexico Data Center Construction Market is poised for significant growth, driven by the increasing demand for digital infrastructure and services. The market is characterized by a robust expansion in IT load capacity, raised floor space, and the installation of racks, with Querétaro emerging as a key hub due to its strategic initiatives in Industry 4.0. The cloud segment is anticipated to dominate the market, supported by its critical role in fostering SME growth, innovation, and digital transformation across various sectors such as manufacturing, media, entertainment, financial services, and e-commerce. Government initiatives and collaborations with organizations like the Secretariat of Economy and Conacyt are further propelling the market by encouraging technological advancements and infrastructure development.

The market landscape is relatively consolidated, with major players like AECOM, ALFA LAVAL, Legrand, and Danfoss A/S actively participating in the region's growth. Significant investments are being made in key locations such as Querétaro and Guadalajara, which are becoming increasingly attractive due to their expanding IT companies and skilled workforce. These areas are witnessing the establishment of new data centers and the expansion of existing ones, driven by the rising demand for digitization services. The strategic development of submarine cable systems and partnerships for cloud infrastructure, such as the collaboration between Kio Networks and Oracle Cloud, are also contributing to the market's expansion, offering substantial opportunities for future growth.

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Mexico Data Center Construction Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION

    1. 1.1 Market Segmentation - By Infrastructure

      1. 1.1.1 Market Segmentation - By Electrical Infrastructure

        1. 1.1.1.1 Power Distribution Solution

          1. 1.1.1.1.1 PDU - Basic & Smart - Metered & Switched Solutions

          2. 1.1.1.1.2 Transfer Switches

            1. 1.1.1.1.2.1 Static

            2. 1.1.1.1.2.2 Automatic (ATS)

          3. 1.1.1.1.3 Switchgear

            1. 1.1.1.1.3.1 Low-Voltage

            2. 1.1.1.1.3.2 Medium-Voltage

          4. 1.1.1.1.4 Power Panels and Components

          5. 1.1.1.1.5 Other Power Distribution Solutions

        2. 1.1.1.2 Power Backup Solutions

          1. 1.1.1.2.1 UPS

          2. 1.1.1.2.2 Generators

        3. 1.1.1.3 Service Design & Consulting, Integration, Support & Maintenance

      2. 1.1.2 Market Segmentation - By Mechanical Infrastructure

        1. 1.1.2.1 Cooling Systems

          1. 1.1.2.1.1 Immersion Cooling

          2. 1.1.2.1.2 Direct-To-Chip Cooling

          3. 1.1.2.1.3 Rear Door Heat Exchanger

          4. 1.1.2.1.4 In-Row and In-Rack Cooling

        2. 1.1.2.2 Racks

        3. 1.1.2.3 Other Mechanical Infrastructure

      3. 1.1.3 General Construction

    2. 1.2 Market Segmentation - By Tier Type

      1. 1.2.1 Tier-I and II

      2. 1.2.2 Tier-III

      3. 1.2.3 Tier-IV

    3. 1.3 Market Segmentation - By End User

      1. 1.3.1 Banking, Financial Services, and Insurance

      2. 1.3.2 IT and Telecommunications

      3. 1.3.3 Government and Defense

      4. 1.3.4 Healthcare

      5. 1.3.5 Other End Users

Mexico Data Center Construction Market Size FAQs

The Mexico Data Center Construction Market size is expected to reach USD 1.40 billion in 2024 and grow at a CAGR of 7.36% to reach USD 2.20 billion by 2030.

In 2024, the Mexico Data Center Construction Market size is expected to reach USD 1.40 billion.

Mexico Data Center Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024-2030)