The Mexico Edge Data Center market was valued at USD 97.0 million in 2019 and is projected to reach USD 311.4 million by 2027, expanding at a CAGR of 16.5% during the forecast period. Edge data centers are generally referred to as smaller facilities that are located near the population it serves. These data centers help in extending the edge of the network, delivering resources for cloud computing, and caching the streaming content to local users by typically connecting to multiple or a larger data center. Edge computing helps organizations to reduce latency and enhance customer engagement by processing data and information as close to the end-user as possible.
The introduction of IoT is the major driving factor of the edge data centers in Mexico. Since the number of installations of IoT sensors and devices have increased in several home and industrial settings in the country, a low latency edge processing is crucial in order to handle an increased volume of data which results in the rising demand for edge data centers. Few restraints for this market are cybersecurity to act in Mexico which consider to be one of the major hindrances for the growth of the market. Also, the introduction of 5G network promises to offer increased speed and capacity, reduced latency which is less than one millisecond, as well as improved user interface. It is imperative for the edge data centers to host and stream data at a substantially higher speed, volume, and lower latency for the enhance usage of the 5G networks, ultimately resulting in the expansion of the edge data centers in the market which is consider to be key opportunity propelling the growth of the market.
On the basis of types, the market has been divided into solution and service. The solution segment is sub-segmented into cooling, power, IT racks & enclosures, networking equipment, DCIM and the service segment is sub-segmented into installation & integration, managed, consulting. In this segment, DCIM is expected to grow at a significant rate during the forecast timeline. The use of DCIM growing as it enables monitoring and automation of the IT room and environmental control, security, and facility power. Moreover, it also delivers user-configurable thresholds for alarms on devices such as heat, ventilation, and air conditioning and it ensures the proper functioning of data centers.
Based on applications, the Mexico Edge Data Center market has segmented into BFSI, colocation, energy, government, healthcare, manufacturing, IT & telecom, and others. In terms of revenue, colocation is expected to hold a significant market share in 2019, as it provides core expertise in edge data center operation and provides quick deployment capacity. Companies in the colocation industry are focusing to provide robust solutions for managing the massive data which is generated by several application industries. Hence, it is boosting the revenue of the edge data center market.
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Additional company profiles can be provided on request.
Yes, the report covers product specific information such as Mexico distributor, key impact regulation, and etc.
According to this Growth Market Reports report, the market from Mexico edge data center is likely to register a CAGR of 16.5% during forecast period 2020-2027, with an anticipated to reach USD 311.4 million by the end of the 2027.
Company Market Share (in % for base year 2019) for Mexico edge data center market is available in final report.
IoT proliferation act and rising adoption of SDN and NFV technologies in Mexico is expected to boost the market.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
The market is expected to witness slight downfall in revenue between 2019 and 2020 owing to the temporary shutdown of factories and several restrictions imposed by the government.
BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom, and Others application that are driving the Mexico edge data center market.
The base year considered for the Mexico edge data center market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.
Major manufactures include, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., Kio Networks, Schneider Electric SE, and Vertiv Group Corp.