Market Size of South Africa Data Center Storage Industry
| 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 |
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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 |
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.
South Africa Data Center Storage Market Size - Table of Contents
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1. Market Dynamics
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Digitalization and Emergence of Data-centric Applications
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1.2.2 Evolution of Hybrid Flash Arrays
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1.3 Market Restraints
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1.3.1 Compatibility and Optimum Storage Performance Issues
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1.4 Value Chain/Supply Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Assessment of COVID-19 Impact
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2. MARKET SEGMENTATION
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2.1 By Storage Technology
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2.1.1 Network Attached Storage (NAS)
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2.1.2 Storage Area Network (SAN)
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2.1.3 Direct Attached Storage (DAS)
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2.1.4 Other Technologies
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2.2 By Storage Type
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2.2.1 Traditional Storage
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2.2.2 All-Flash Storage
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2.2.3 Hybrid Storage
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2.3 By End User
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2.3.1 IT & Telecommunication
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2.3.2 BFSI
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2.3.3 Government
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2.3.4 Media & Entertainment
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2.3.5 Other End Users
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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.
What is the current South Africa Data Center Storage Market size?
In 2024, the South Africa Data Center Storage Market size is expected to reach USD 460.5 million.
