Please Wait.....
Report
Chile Data Center Rack - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2030
Market Report I 2024-02-17 I 90 Pages I Mordor Intelligence
Chile's data center rack market reached a volume of over 56,000 in the previous year, and it is further projected to register a CAGR of 13.4% during the forecast period. The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country/region.
Key Highlights
-Under Construction IT Load Capacity: The upcoming IT load capacity of the Chile data center market is expected to reach 480 MW by 2029.
-Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 2.3 million sq. ft by 2029.
-Planned Racks: The country's total number of racks to be installed is expected to reach over 119,000 units by 2029. Santiago is expected to house the maximum number of racks by 2029.
-Planned Submarine Cables: There are close to 8 submarine cable systems connecting Chile, and many are under construction. One such submarine cable that is estimated to start service in 2023 is The Humboldt Cable, where the country is developing a subsea cable project to connect the country with Australia, with the possibility of a subsea cable from Chile to Antarctica holding a length of 14,000 km.
Chile Data Center Rack Market Trends
IT & Telecommunication Holds the Major Share
- Chile has the most modern and mature telecommunications infrastructure in South America. The government has made large expenditures on mobile and fiber-optic networks, which now span the whole nation. The government has taken actions to promote the creation of innovative services and technology, including 5G networks and Wi-Fi hotspots. With 26.32 million cellular mobile connections, Chile has the highest regional mobile connection penetration rate.
- The market is currently dominated by 3G and 4G connections, although Chile established the first 5G network in the region in December 2021 after investing USD 3.5 billion. The introduction of 5G networks is expected to boost the country's digital economy and raise demand for high-bandwidth networking equipment.
- The expansion of network connectivity is anticipated as a result of initiatives implemented by governmental bodies. For instance, the Government of Chile claims that approximately 9,000 new 5G base stations will be installed, of which more than 30% will be placed in Santiago and the remaining 9,000 in other regions. All of the nation's public hospitals will also be included in the 5G network's coverage.
- Telecom providers are forming partnerships, getting licensing agreements, and expanding fiber-based network infrastructure to increase broadband connectivity. In March 2022, Mundo, a Chilean fiber-optic internet provider, planned to develop its fiber network in the country with an investment of USD 200 million. The company was to invest this capital in adding 6,000 kilometers of fiber optics to its already existing 7,000 kilometers of fiber.
- In May 2022, the government announced the Zero Digital Gap Plan 2022-2025, aimed at providing network connectivity to all inhabitants of the country. Such instances indicate major data traffic leading to demand for data centers, which are expected to directly lead to more demand for racks.
Full Rack is Expected to Grow Significantly
- In Chile, the increase in the number of data centers and the preference for retail and wholesale data centers, along with newer hyperscale facility construction, is expected to increase the demand for full racks. Digitalization in various end-user sectors is increasing the demand for facilities, leading to market demands.
- There are now more mobile banking services in Chile than a few years ago. In comparison to the prior year, the availability of bank services on smartphones and other mobile devices had increased by 7% as of July 2019. More than 150 fintech businesses operated in Chile in 2021. Many overseas fintechs have selected Chile as a base for their operations for neobanking. A few of the fintech launched in Latin America are Tribal Credit, Jeeves, Clara, and Instacash Preauth. The nation has adopted a fintech law.
- Chile is one of the markets in South America to experience the highest levels of cloud activity. The government's growing investments support the development of various technologies, including 5G, AI, IoT, machine learning, and Big Data. The expansion of the Chilean ICT market is also anticipated to be fueled by the rise of digital transformation. For instance, the cloud service provider, Google Cloud Platform (GCP), revealed incremental information about its cloud regions in Santiago (Chile).
- Further, the government offered an investment of USD 9.1 million to create a digital center that comprises 5G development, local fiber optics development, and international optical fiber interconnections. Moreover, InvestChile has 62 projects in its portfolio related to international services. Together, they represent a potential investment of USD 1,924 million, of which USD 1,743 million corresponds to data centers. Due to these factors, government officials will use more data, thus increasing the demand for full racks with increasing data center facilities in Chile.
Chile Data Center Rack Industry Overview
Chile's Data Center Rack market is consolidated and has gained a competitive edge in recent years. A few major players, such as Delta Power Solutions, Schneider Electric Chile S A, Eaton Corporation Plc. Currently dominate the market. These major players with a prominent market share focus on expanding their customer base across the region. These companies leverage strategic collaborative initiatives and innovations to increase their market share and profitability.
In October 2022, Eaton Corporation announced the launch of its Open Compute Project (OCP) Open Rack v3 (ORV3) compatible solutions. It is purpose-built and preconfigured with a focus on the efficient and scalable delivery of critical power for their data centers seeking to deploy ORV3 racks. The rack will be distributed worldwide, including Chile.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumption & Market Definition
1.2 Scope of the Study
2 Research Methodology
3 Executive Summary
4 Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Penetration of Cloud Enterprises in the Country
4.2.2 Growing Adoption of 5G Deployment
4.3 Market Restraints
4.3.1 High CaPex for Building Data Center Along With Security Challenges
4.4 Value Chain / Supply Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Buyers/Consumers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Assessment of COVID-19 Impact
5 MARKET SEGMENTATION
5.1 Rack Size
5.1.1 Quarter Rack
5.1.2 Half Rack
5.1.3 Full Rack
5.2 End-User
5.2.1 IT & Telecommunication
5.2.2 BFSI
5.2.3 Government
5.2.4 Media & Entertainment
5.2.5 Other End-Users
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Delta Power Solutions
6.1.2 Schneider Electric Chile S A
6.1.3 Legrand SA
6.1.4 Eaton Corporation Plc
6.1.5 Oracle Corp.
6.1.6 Hewlett Packard Enterprise Co.
6.1.7 Rittal GmbH & Co. KG
6.1.8 Dell Technologies Inc.
6.1.9 Vertiv Group Corporation
6.1.10 nVent Electric PLC
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security