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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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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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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.
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Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
The post Binance Announces Adjustment of Tick Size for Spot Trading Pairs appeared first on HIPTHER Alerts.
According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
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As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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