1. Market Research
  2. > ICT
  3. > Data Center Market Trends
Caribbean Data Center Market - Investment Analysis & Growth Opportunities 2022-2027

Caribbean Data Center Market - Investment Analysis & Growth Opportunities 2022-2027

  • August 2022
  • 98 pages
  • ID: 6313594
  • Format: PDF
  • Arizton

Summary

Table of Contents

Search Inside

Caribbean data center market is expected to grow at a CAGR of 11.70% during 2022-2027.

The Caribbean market is witnessing more on-premises data center investment than colocation and hyperscale data centers. The Caribbean data center market is growing with strong economic factors, government support, digitalization, technology penetration, and connectivity with major global markets.
• Various Caribbean country governments are supporting digitalization in Jamaica, Cayman Island, and the Bahamas to attract more investment. For instance, Jamaica partnered with the European Union (EU) in 2021-2027, which aims to support Jamaica’s goal of a digital economy and society.
• In the Caribbean region, Panama, Jamaica, Cayman Islands, Bermuda, and Aruba are some of the countries working towards generating electricity from renewable energy sources. For instance, Bermuda’s Integrated Resource Plan (IRP) will lead to 85% of electricity from renewable energy sources by 2035.
• Cloud service providers partner with local companies to provide cloud services in the region. For instance, in April 2021, Millicom (Tigo) partnered with Amazon Web Services (AWS) to provide AWS cloud-based services through its multi-Cloud managed services in Panama.

KEY HIGHLIGHTS OF THE CARIBBEAN DATA CENTER MARKET

• Bahamas, Panama, Jamaica, and Cayman Island are some major countries witnessing investments from various data center operators due to different national development schemes. For instance, the Bahamas government announced National Development Plan Vision 2040 to improve investments and guide government decisions to attract investments in the country in the coming 25 years.
• The Caribbean Free Trade Association (CARIFTA) aims to strengthen the region’s economy. Also, the governments of various countries are establishing special economic zones to attract investments in the region. Panama’s government also has established free economic zones such as the Colon free trade zone and Pacifico special economic zone that will offer space for industrial development with benefits such as tax exemptions. Also, it will attract investment from the US.
• Government steps such as personal data protection law established in the Bahamas, Panama, and the Cayman Islands have strengthened the Caribbean data center market. For instance, in May 2021, the Panama Personal Data Protection Rule was enacted, which will regulate data protection and privacy in the country.
• Factors such as the adoption of cloud computing and advanced technologies such as the Internet of Things (IoT), big data, artificial intelligence, and government support for data centers are driving the data center market in the Caribbean region.

WHY SHOULD YOU BUY THIS RESEARCH?

• Market size available in the investment, area, power capacity, and the Caribbean colocation market revenue.
• An assessment of the data center investment in the Caribbean by colocation, hyperscale, and enterprise operators.
• Data center investments in the area (square feet) and power capacity (MW) across countries in the region.
• During the forecast period, a detailed study of the existing Caribbean data center market landscape, an in-depth industry analysis, and insightful predictions about the Caribbean data center market size.
• Snapshot of existing and upcoming third-party data center facilities in the Caribbean
• Facilities Covered (Existing): 15
• Facilities Identified (Upcoming): 00
• Coverage: 4 Countries
• Existing vs. Upcoming (Data Center Area)
• Existing vs. Upcoming (IT Load Capacity)
• Data center colocation market in the Caribbean
• Market Revenue & Forecast (2021-2027)
• Retail and Wholesale Colocation Pricing
• Retail vs. Wholesale Colocation Market
• The Caribbean data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
• A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
• Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors in the industry.
• A transparent research methodology and the analysis of the demand and supply aspect of the market.

MARKET VENDOR LANDSCAPE

• The Caribbean data center market has several local and global colocation providers operating across different countries. Major colocation providers include KIO Networks, Telecom Italia Sparkle, Air Link Communications, Blue NAP Americas, and Oxygen.
• KIO Networks operates two data center facilities in the Caribbean region in Panama and the Dominican Republic. Additionally, In August 2021, Telecom Italia Sparkle opened its Panama data center facility in Panama City, which hosts around 600 cabinets with an IT load of around 5 MW.
• Curacao Technology Exchange (CTEX) has developed a data center campus that consists of four data center facilities. This investment is reshaping the Caribbean and Latin American region’s connectivity with other countries, digitalization, and value in the global digital economy.
• The Caribbean data center market is dominated by local construction contractors, including Civil Engineering Caribbean, Dusron Bouwbedrijf, Habibe & Maia Architects, and Informatics Engineering Services. For instance, Informatics Engineering Services is involved in developing a data center in Trinidad and Tobago, in which Digicel colocated its services in the first phase of the facility.
• In terms of IT infrastructure, the market is dominated by global vendors such as Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise (HPE), IBM, and Lenovo. For instance, Blue NAP Americas’ Caribbean data center facility is equipped with technologies such as cloud solutions run on VCE’s VblockTM infrastructure and supported by EMC, VMware, Cisco Systems, and Intel.

EXISTING VS. UPCOMING DATA CENTERS

• Existing Facilities in the region(Area and Power Capacity)
• Bahamas
• Jamaica
• Panama
• Cayman Island
• Other Countries
• List of Upcoming Facilities in the region(Area and Power Capacity)

REPORT COVERAGE:
This report analyses the Caribbean data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:

• IT Infrastructure
• Servers
• Storage Systems
• Network Infrastructure
• Electrical Infrastructure
• UPS Systems
• Generators
• Switches & Switchgears
• PDUs
• Other Electrical Infrastructure
• Mechanical Infrastructure
• Cooling Systems
• Rack Cabinets
• Other Mechanical Infrastructure
• Cooling Systems
• CRAC & CRAH Units
• Chiller Units
• Cooling Towers, Condensers & Dry Coolers
• Economizers & Evaporative Coolers
• Other Cooling Units
• General Construction
• Core & Shell Development
• Installation & commissioning Services
• Engineering & Building Design
• Fire Detection & Suppression Systems
• Physical Security
• Data Center Infrastructure Management (DCIM)
• Tier Standard
• Tier I & Tier II
• Tier III
• Tier IV
• Geography
• Bahamas
• Jamaica
• Panama
• Cayman Island
• Other Countries

VENDOR LANDSCAPE
• IT INFRASTRUCTURE PROVIDERS: Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise, IBM, and Lenovo.
• DATA CENTER CONSTRUCTION CONTRACTORS & SUB-CONTRACTORS: Civil Engineering Caribbean, Dusron Bouwbedrijf, Habibe & Maia Architects, Informatics Engineering Services, and Pergravis.
• SUPPORT INFRASTRUCTURE PROVIDERS: ABB, AST Modular, Cummins, Legrand, Mitsubishi Electric, Schneider Electric, and Vertiv.
• DATA CENTER INVESTORS: Air Link Communications, Belize Network Information Centre, Blue NAP Americas, Brac Informatics Centre (BIC), Digicel, Epic.io, Telecom Italia Sparkle, KIO Networks, and Oxygen.

Major Vendors

IT INFRASTRUCTURE PROVIDERS
• Cisco Systems
• Dell Technologies
• Fujitsu
• Hewlett Packard Enterprise (HPE)
• IBM
• Lenovo

DATA CENTER CONSTRUCTION CONTRACTORS & SUB-CONTRACTORS
• Civil Engineering Caribbean
• Dusron Bouwbedrijf
• Habibe & Maia Architects
• Informatics Engineering Services
• Pergravis

SUPPORT INFRASTRUCTURE PROVIDERS
• ABB

• AST Modular
• Cummins
• Legrand
• Mitsubishi Electric
• Schneider Electric
• Vertiv Group

DATA CENTER INVESTORS
• Air Link Communications
• Belize Network Information Centre
• Blue NAP Americas
• Brac Informatics Centre (BIC)
• Digicel Group
• Epic.io
• Oxygen

KEY QUESTIONS ANSWERED
1. HOW MUCH IS THE INVESTMENT IN THE CARIBBEAN DATA CENTER MARKET EXPECTED TO GROW?
2. HOW MANY DATA CENTERS HAVE BEEN IDENTIFIED IN THE CARIBBEAN REGION?
3. WHAT ARE THE DRIVING FACTORS FOR THE CARIBBEAN DATA CENTER MARKET?
4. WHO ARE KEY INVESTORS IN THE CARIBBEAN DATA CENTER MARKET IN 2022?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on