LATIN AMERICA HYPERCONVERGED INFRASTRUCTURE MARKET 2021-2028

LATIN AMERICA HYPERCONVERGED INFRASTRUCTURE MARKET 2021-2028

MARKET OUTLOOK

Triton’s research report suggests that the Latin America hyperconverged infrastructure market is expected to exhibit a CAGR of 24.82% during the evaluated period 2021-2028. Mexico, Brazil, and Rest of Latin America shape the market in this region.

In Rest of Latin America, Columbia, Chile, Argentina, and others witnessed a surge in data cent investments. Columbia has a free trade zone and infrastructure, which is encouraging construction contractors to develop data center facilities across the country. For instance, Compunet & Etix Everywhere stated its plan to launch a data center in the country. Further, the number of data centers in other countries is growing at a moderate rate compared to Brazil. This has led several service providers and government bodies to add submarine cables to enhance network connectivity. Therefore, as mentioned above, the development of data centers is anticipated to augment the growth of the hyperconverged infrastructure market in the upcoming years.

On the other hand, Brazil has several economic zones, with a strong presence of colocation data centers. Additionally, Fortaleza has emerged as a hub for multiple submarine projects. This is anticipated to prompt data center development in the upcoming years. Besides, the country observed a surge in cloud infrastructure projects. For instance, the implementation of LGPD is anticipated to widen the physical presence of Google and Microsoft in the country, influencing the market’s growth. Thus, all these factors are responsible for the robust growth of the hyperconverged infrastructure market across Brazil.

COMPETITIVE OUTLOOK

Some of the leading companies in the hyperconverged infrastructure market include NetApp Inc, Pivot3, Hewlett Packard Enterprise, NEC, Cisco, Sangfor Technologies, HiveIO, and VMware Inc.