Blockchain Press Releases
In Latin America the Data Center Support Infrastructure Investment to Cross $1.86 Billion by 2028; Ascenty, Equinix, HostDime, ODATA, & Scala Data Centers are the Major Contributors – Arizton
CHICAGO, July 6, 2023 /PRNewswire/ — According to Arizton’s latest research report, the Latin America data center market will grow at a CAGR of 8.14% during 2022-2028.
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The rise in coverage of 5G and its deployment in the region will attract more edge data center investment across the region. The deployment of submarine cables, such as the Caribbean Express (CX cable) and Firmina cable, will help the region to establish a better connection with the rest of the world. Regional governments initiate several schemes and incentives to attract data center investments. A free trade zone (FTZ) is introduced in Columbia. Similarly, Patagonia is an emerging data center hub in Chile, as the government plans tax incentives to develop data centers.
Major contributors to green data center development include Brazil, Chile, Argentina, and Paraguay, wherein data center operators and governments work on adopting renewable energy and other measures. Ascenty, Equinix, HostDime, ODATA, Quantico, Scala Data Centers, Telmex, and Tigo Business are the colocation service providers major contributors to the Latin America data center market’s growth.
Latin America Data Center Market Report Scope
|
Report Attributes |
Details |
|
Market Size (Investment) |
USD 8.81 Billion (2028) |
|
Market Size (Area) |
1.21 million sq. Feet (2028) |
|
Market Size (Power Capacity) |
247.1 MW (2028) |
|
CAGR Investment (2022-2028) |
8.14 % |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
|
Market Segmentation |
Facility Type, Infrastructure, IT Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Techniques, General Construction, Tier Standards, and Geography |
|
Geographic Analysis |
Latin America (Brazil, Mexico, Chile, Colombia, and Rest of Latin America) |
|
Market Dynamics |
· Adoption of Cloud · Increased Tax Incentives · Increased Deployment of Submarine Cables · Development of Digital Economy |
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Market Opportunities & Trends
- 5G is already launched in Mexico, Brazil, and Chile, while Columbia and Argentina are running tests for 5G technology. The growth of this technology will influence the network as it will increase the amount of data processed within the servers.
- In September 2022, UOL formed Edge UOL and announced a collaboration with DigitalBridge’s Scala Data Centers and AWS to explore the opportunity for edge computing.
- Latin American countries identify the benefit of using DCIM systems to monitor and automate their new data centers to overcome potential future challenges. Most vendors that provide power infrastructure invest in software systems, such as StruxureWare from Schneider Electric, Trellis from Vertiv, and the Ability Automation platform from ABB, that track power infrastructure.
- Ascenty’s data centers are equipped with automation solutions, where support infrastructure is monitored continuously to reduce outages due to power and equipment failures. ODATA is also equipped with monitoring solutions: ITSM and BMS systems.
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Geographical Insights
- Brazil is the leading data center market in Latin America, with more than 45% of investments in the region due to the growth in internet penetration and adoption of cloud-based services by businesses in the country.
- Mexico has several SEZs that provide multiple benefits to investors, such as corporate tax exemption, import and export tax exemptions, and support for local labor recruitment. The country has seven existing submarine cables that connect Mexico with other Latin American countries and the US.
- The Chilean government plans to digitalize 100% of government services in the country by 2023 as a part of its digital transformation strategy. Public services under healthcare, education, and government rapidly adopt AI and IoT to transform digitally.
- Colombia is one of the emerging data center destinations in Latin America. Bogota, the capital city, is the major location for data center development and has the maximum number of data centers. Bogota is followed by Barranquilla and Cali.
- In 2019, AWS bought 140 hectares across sites near Bahia Blanca, Argentina, to develop three data centers. These three sites are code-named Tango Sur, Tango Centro, and Tango Norte. In April 2021, Millicom (Tigo) and AWS collaborated to provide cloud-based services across other Latin American countries.
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Post-Purchase Benefit
- 1hr of free analyst discussion
- 10% of customization
Segmentation Analysis
- A multi-cloud strategy is adopting multiple cloud services from single or multiple vendors operating in the Latin America data center market – for instance, using Amazon Web Services for application workloads and Microsoft Azure for enterprise databases.
- The higher rack power density, powerful infrastructure, and increase in high-performance computing led to innovations by vendors in new designs and types of racks.
- Vendors in the Latin America data center market continuously innovate with UPS solutions to increase efficiency and reduce costs. There is increased interest in facilities procuring more than 750 kVA UPS systems.
- The introduction of hydrogen fuel cells and natural gas-based fire suppression systems will lead to a reduction in water consumption levels. It will help operators to increase the sustainability and efficiency of data centers.
Market Segmentation
Facility Type
- Colocation & Hyperscale Self-Built Data Centers
- Enterprise Data Centers
Infrastructure
- IT Infrastructure
- Electrical Infrastructure
- Mechanical Infrastructure
- General Construction
IT Infrastructure
- Server Infrastructure
- Storage Infrastructure
- Network Infrastructure
Electrical Infrastructure
- UPS Systems
- Generators
- Transfer Switches & Switchgear
- Power Distribution Units
- Other Electrical Infrastructure
Mechanical Infrastructure
- Cooling Systems
- Racks
- Other Mechanical Infrastructure
Cooling Systems
- CRAC & CRAH Units
- Chiller Units
- Cooling Towers, Condensers, and Dry Coolers
- Economizers & Evaporative Coolers
- Other Cooling Units
Cooling Techniques
- Air-based Cooling Technique
- Liquid-based Cooling Technique
General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Engineering & Building Design
- Physical Security
- Fire Detection & Suppression
- DCIM
Tier Standard
- Tier I & II
- Tier III
- Tier IV
Geography
- Latin America
- Brazil
- Mexico
- Chile
- Colombia
- Rest of Latin America
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Latin America Data Center Server Market – Industry Analysis and Forecast 2022-2027
Table of Content
ABOUT ARIZTON
ABOUT OUR DATA CENTER CAPABILITIES
WHAT’S INCLUDED
SEGMENTS INCLUDED
RESEARCH METHODOLOGY
MARKET AT GLANCE
PREMIUM INSIGHTS
INVESTMENT OPPORTUNITIES
- INVESTMENT: MARKET SIZE & FORECAST
- AREA: MARKET SIZE & FORECAST
- POWER CAPACITY: MARKET SIZE & FORECAST
MARKET DYNAMICS
- MARKET OPPORTUNITIES & TRENDS
- MARKET GROWTH ENABLERS
- MARKET RESTRAINTS
- SITE SELECTION CRITERIA
FACILITY TYPE SEGMENTATION
- COLOCATION & HYPERSCALE SELF-BUILT DATA CENTERS
- ENTERPRISE DATA CENTERS
INFRASTRUCTURE SEGMENTATION
- IT INFRASTRUCTURE
- ELECTRICAL INFRASTRUCTURE
- MECHANICAL INFRASTRUCTURE
- COOLING SYSTEMS
- COOLING TECHNIQUES
- GENERAL CONSTRUCTION
TIER STANDARDS SEGMENTATION
GEOGRAPHY SEGMENTATION
LATIN AMERICA
- MARKET SNAPSHOT & KEY HIGHLIGHTS
- DATA CENTER MARKET BY INVESTMENT
- DATA CENTER MARKET BY INFRASTRUCTURE
- DATA CENTER MARKET BY AREA
- DATA CENTER MARKET BY POWER CAPACITY
- DATA CENTER MARKET BY SUPPORT INFRASTRUCTURE
- DATA CENTER MARKET BY IT INFRASTRUCTURE
BRAZIL
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY SEZS, DEVELOPMENTS AND LAND PRICING
- MARKET BY AREA
- POWER PRICING & RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
MEXICO
- KEY HIGHLIGHTS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY DEVELOPMENT AND LAND PRICING
- MARKET BY AREA
- POWER PRICING & RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
CHILE
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY DEVELOPMENT AND KEY SEZS
- MARKET BY AREA
- POWER PRICING & RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
COLOMBIA
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY SEZS AND INVESTMENT COST
- MARKET BY AREA
- POWER PRICING & RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
REST OF LATIN AMERICA
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY SEZS, LAND ACQUISITION & DEVELOPMENT
- MARKET BY AREA
- POWER CAPACITY ADDITION & RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
MARKET PARTICIPANTS
- IT INFRASTRUCTURE PROVIDERS
- SUPPORT INFRASTRUCTURE PROVIDERS
- DATA CENTER CONTRACTORS & SUBCONTRACTORS
- DATA CENTER INVESTORS
- NEW ENTRANTS
QUANTITATIVE SUMMARY
APPENDIX
- ABBREVIATIONS
- DEFINITIONS
- SEGMENTAL COVERAGE
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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Blockchain Press Releases
From DeFi to Tokenization: Bybit’s Shunyet Jan Explores the Future of Crypto Trading at iFX EXPO
DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, was presented by Shunyet Jan, Head of Derivatives Business and Institutional Sales, at the iFX EXPO.
Shunyet joined an expert panel titled “Crypto Trading: Finding the Evergreen” to discuss the evolving dynamics of the cryptocurrency market. The session, moderated by Karnika E. Yashwant, Founder and Chairman of KEY Difference, featured Wael Makarem, Financial Markets Strategists Lead at Exness, alongside Shunyet. Together, the panelists explored the concept of “evergreen” strategies in crypto trading, examining how to identify and implement approaches that stand the test of time.
Reflecting on the discussion, Shunyet Jan said, “The iFX EXPO brought together some of the sharpest minds in trading and crypto to tackle the hard questions that define success in a volatile market. Sitting alongside Wael Makarem and Mr. Key on the panel, we delved into the forces shaping crypto’s future – from the integration of AI to the shifting role of institutional players and evolving regulations. Conversations like these are crucial for advancing the industry and helping participants find the ‘evergreen’ in an ever-changing landscape.“
Key discussion points included navigating market volatility, leveraging AI and machine learning for sustainable strategies, the role of institutional players and evolving regulations, and the importance of psychological resilience in long-term trading success. They also analyzed emerging market trends, such as DeFi and tokenization, and shared practical tips for avoiding common pitfalls and building diversified portfolios that thrive in a volatile environment.
Shunyet Jan also led a Gold and Forex workshop at Bybit’s Dubai HQ, generating strong interest in the platform. Bybit’s new MetaTrader-5 license provides professional traders with access to gold, forex, and cryptocurrencies, offering advanced tools, up to 500x leverage, competitive fees, and an intuitive interface for a seamless trading experience.
The iFX EXPO, the online trading industry’s biggest event series, bridges the world’s top brands with like-minded professionals, traders, and more. It has grown into a global standard, providing every individual a hub to network, exchange ideas, and grow their business. The iFX EXPO remains a vital platform for fostering dialogue and collaboration among industry leaders, and Shunyet’s contributions underscore Bybit’s commitment to advancing the cryptocurrency space.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/from-defi-to-tokenization-bybits-shunyet-jan-explores-the-future-of-crypto-trading-at-ifx-expo-302355234.html
VICTORIA, Seychelles, Jan. 20, 2025 /PRNewswire/ — KuCoin, a globally recognized cryptocurrency exchange, has announced the appointment of BC Wong as its new Chief Executive Officer (CEO). This strategic decision underscores KuCoin’s commitment to global growth, innovation, and regulatory compliance.
BC Wong, widely known within the organization as “BC,” is a seasoned leader with extensive experience in the cryptocurrency industry. As a key member of KuCoin’s leadership team, his expertise and strategic vision have been instrumental in establishing KuCoin as a reliable platform for millions of users worldwide.
Throughout his tenure, BC has advanced global regulatory engagement while skillfully navigating industry challenges. Under his leadership, KuCoin remains dedicated to prioritizing user-centricity, robust security, and technological innovation.
“Our priority is to build a reliable platform for our users,” BC stated. “As CEO, I am focused on enhancing our global presence and fostering collaboration with regulators to create a secure, inclusive financial ecosystem. Together with our partners and users, we will shape the future of finance.”
Focus on Compliance and Reliability
A Singaporean with a Juris Doctor degree from Singapore Management University and a master’s degree from George Washington University, Wong brings a global perspective to KuCoin. In his previous role as Chief Legal Officer, he spearheaded efforts to secure regulatory licenses and strengthen relationships with regulators, reinforcing KuCoin’s commitment to compliance.
Wong has been instrumental in collaborating with regulators across the EU, Asia, the Middle East, and Africa, reinforcing KuCoin’s reputation as a compliant and secure platform. His strategic efforts have reinforced KuCoin’s commitment to providing a safe and reliable trading environment on a global scale.
Empowering Users Globally
KuCoin is dedicated to democratizing access to cryptocurrency through secure and innovative solutions. By expanding its presence in key markets, the company continues to provide seamless, user-friendly experiences for investors worldwide.
Under BC’s leadership, KuCoin has also prioritized Corporate Social Responsibility (CSR), partnering with organizations such as the Global CSR Foundation and the American Medical Women’s Association. Notable initiatives include participation in the UN COP28 Climate Change Conference, Green Blockchain Projects, the Light Up Africa Program, and the Climate Change Bucket initiative, benefiting over 50,000 women and children globally.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 38 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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Blockchain Press Releases
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:
On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.
Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.
If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:
Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423
[email protected]
[email protected]
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