Brazil's Data Center Market Set for Significant Growth by 2030

The Brazil data center market is projected to grow from USD 3.40 billion in 2024 to USD 5.96 billion by 2030, according to a report by ResearchAndMarkets.com. This growth represents a compound annual growth rate (CAGR) of 9.81% over the forecast period.

The report provides an in-depth analysis of the current and future landscape of the Brazil data center market, highlighting key players such as Ascenty, Equinix, Scala Data Centers, ODATA, Elea Data Centers, Cirion Technologies, and Angola Cable. It also notes the emergence of new companies like Ada Infrastructure and Surfix Data Center, which are contributing to the competitive environment.

Sao Paulo remains the leading hub for data center expansion in Brazil, with over 40 existing and more than 20 upcoming data centers. The city is noted for its high development costs, averaging $10.10 per watt, which is among the highest in Latin America.

The report also highlights significant investments by global cloud providers such as Microsoft and Amazon Web Services (AWS), which have announced plans to invest billions in expanding their cloud and AI infrastructure in Brazil over the coming years.