Colombia”s Data Center Market to Grow Rapidly Through 2030 with Bogota at the Center

The Colombia data center colocation market is set to experience remarkable growth, with a projected compound annual growth rate (CAGR) of 28.40% from 2024 to 2030. Bogota is positioned as the central hub of this expansion, currently hosting 19 operational data centers and with plans for 9 additional facilities.

According to the latest report, the market”s value is anticipated to soar from $81 million in 2024 to $363 million by 2030. This surge is largely attributed to the increasing demand for cloud services and the swift adoption of artificial intelligence technologies across various sectors. The occupancy rate of data centers in Colombia is expected to rise from 81.6% in 2024 to approximately 91% by 2030.

Key players in the market include established companies such as ODATA and Equinix, along with new entrants like Ascenty, all of whom are contributing to the dynamic landscape of data center operations in the country. The report provides an in-depth analysis of current market trends, forecasts, and the investment outlook for colocation services in Colombia.

Additionally, the report addresses critical questions regarding the driving factors behind this market”s growth, the identification of new participants in the Colombian data center industry, and the future power capacity utilization expected by 2030. It also underscores the importance of sustainability and cloud connectivity in shaping the future of data centers in Colombia.

The colocation market”s structure will include a comprehensive examination of existing and planned data center facilities, analyzing aspects such as utilized white floor area and IT power capacity. The findings reveal that the current number of operational facilities stands at around 25, with a significant increase expected as investments from various companies flow into the sector.

In summary, the Colombian data center colocation market is on a trajectory of significant growth, driven primarily by advancements in cloud technology and increasing reliance on artificial intelligence. Bogota is set to maintain its status as the leading hub for this growth, with substantial investments anticipated from both local and international players.