Who are the key players in South Africa Data Center Storage Market?

Dell Inc., Hewlett Packard Enterprise, Pure Storage Inc., Huawei Technologies Co. Ltd. and Kingston Technology Company Inc. are the major companies operating in the South Africa Data Center Storage Market. Read More

What years does this South Africa Data Center Storage Market cover, and what was the market size in 2023?

In 2023, the South Africa Data Center Storage Market size was estimated at USD 406.62 million. The report covers the South Africa Data Center Storage Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Data Center Storage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

South Africa Data Center Storage Market Size

Market Size of South Africa Data Center Storage Industry

South Africa Data Center Storage Market Summary

Study Period	2019 - 2029
Base Year For Estimation	2023
Market Size (2024)	USD 460.5 Million
Market Size (2029)	USD 796.30 Million
CAGR (2024 - 2029)	11.70 %
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order

South Africa Data Center Storage Market Analysis

The South Africa Data Center Storage Market size is estimated at USD 460.5 million in 2024, and is expected to reach USD 796.30 million by 2029, growing at a CAGR of 11.70% during the forecast period (2024-2029).

South Africa, the most developed cloud market in sub-Saharan Africa, is experiencing a surge in data center investment to meet the growing demand for cloud services. This development is leading to more demand for data storage as well. Global giants like Amazon Web Services, Google Cloud Platform, IBM, Microsoft, Oracle, SAP, and VMware are targeting this market to expand the local data center facilities. Such factors showcase a positive demand for the market.

Under Construction IT Load Capacity: The upcoming IT load capacity of the South African data center market is expected to reach 828.92 MW by 2029.
Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 4.4 million sq. ft by 2029.
Planned Racks: The country's total number of racks to be installed is expected to reach 220201 units by 2029. Johannesburg is expected to house the maximum number of racks by 2029.
Planned Submarine Cables: There are close to 9 submarine cable systems connecting South Korea, and many are under construction. One such submarine cable that is estimated to start service in 2023 is 2Africa, which stretches over 45,000 kilometers with landing points from Cape Town, Mtunzini, and Port Elizabeth in South Africa.

South Africa 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 South African 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, and hybrid storage), and end user (IT & telecommunication, BFSI, government, media & entertainment, and other end users). 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

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South Africa Data Center Storage Market Size Summary

The South Africa data center storage market is poised for significant growth, driven by the increasing demand for cloud services and the expansion of digital infrastructure. As the most developed cloud market in sub-Saharan Africa, South Africa is witnessing a surge in data center investments, attracting global tech giants like Amazon Web Services, Google Cloud Platform, and Microsoft. These companies are expanding their local data center facilities to cater to the rising demand for data storage. The rollout of 5G networks is further expected to bolster the digital economy, enhancing the need for robust data center storage infrastructure. The introduction of high-speed, low-latency networks is set to enable groundbreaking applications, thereby increasing the demand for advanced storage solutions.

The market is characterized by the adoption of cutting-edge technologies such as all-flash arrays and NVMe, which are revolutionizing data center storage by offering improved performance and agility. The growing data generation by enterprises and the adoption of cloud technology are key drivers of market expansion. Chinese cloud providers like Huawei and Alibaba are also targeting this market, employing strategies to increase their market share through comprehensive service offerings. The competitive landscape is moderately consolidated, with major players like Dell Inc., Hewlett Packard Enterprise, and Pure Storage Inc. focusing on expanding their customer base and enhancing their product offerings. These developments underscore the positive outlook for the South African data center storage market over the forecast period.

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South Africa Data Center Storage Market Size - Table of Contents

1. Market Dynamics
1. 1.1 Market Overview
2. 1.2 Market Drivers
  1. 1.2.1 Growing Digitalization and Emergence of Data-centric Applications
  2. 1.2.2 Evolution of Hybrid Flash Arrays
3. 1.3 Market Restraints
  1. 1.3.1 Compatibility and Optimum Storage Performance Issues
4. 1.4 Value Chain/Supply Chain Analysis
5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis
  1. 1.5.1 Threat of New Entrants
  2. 1.5.2 Bargaining Power of Buyers/Consumers
  3. 1.5.3 Bargaining Power of Suppliers
  4. 1.5.4 Threat of Substitute Products
  5. 1.5.5 Intensity of Competitive Rivalry
6. 1.6 Assessment of COVID-19 Impact
2. MARKET SEGMENTATION
1. 2.1 By Storage Technology
  1. 2.1.1 Network Attached Storage (NAS)
  2. 2.1.2 Storage Area Network (SAN)
  3. 2.1.3 Direct Attached Storage (DAS)
  4. 2.1.4 Other Technologies
2. 2.2 By Storage Type
  1. 2.2.1 Traditional Storage
  2. 2.2.2 All-Flash Storage
  3. 2.2.3 Hybrid Storage
3. 2.3 By End User
  1. 2.3.1 IT & Telecommunication
  2. 2.3.2 BFSI
  3. 2.3.3 Government
  4. 2.3.4 Media & Entertainment
  5. 2.3.5 Other End Users

South Africa Data Center Storage Market Size FAQs

How big is the South Africa Data Center Storage Market?

The South Africa Data Center Storage Market size is expected to reach USD 460.5 million in 2024 and grow at a CAGR of 11.70% to reach USD 796.30 million by 2029.