The Kenya data center market is expected to experience substantial growth in the coming years, according to a new report titled “Kenya Data Center Market – Investment Analysis & Growth Opportunities 2023-2028.” The report, published by ResearchAndMarkets.com, provides comprehensive insights into the market’s share and growth potential.
The report highlights the strategic location of Kenya as a key contributor to its data center market growth. With improving ICT infrastructure and supportive government policies, the country is attracting investments in the sector. Additionally, the ongoing digital transformation across various industries is fueling the demand for data center services.
One significant driver of growth in Kenya’s data center market is the development of Special Economic Zones (SEZs). The government actively promotes these zones to foster economic growth and create favorable business conditions for data center operators. This initiative is expected to attract further investments in the sector.
The report also emphasizes the rapid growth of the Kenya data center market, driven by enhanced internet connectivity and increased smartphone adoption. With a surge in internet users and devices expected throughout the continent, the demand for data center services is likely to continue rising. Furthermore, the Data Protection Act of 2019 (DPA) ensures citizens’ privacy and safeguards sensitive information, providing a secure environment for data center operations.
The government’s pro-business initiatives, such as the removal of price, interest rate, and exchange controls, as well as the elimination of certain import licenses, are driving significant economic changes aimed at encouraging trade and investment.
In terms of key players in the Kenya data center market, the report mentions Africa Data Centres io (Digital Realty), IXAfrica, and others as noteworthy investors. Additionally, telecom operators such as Safaricom, Airtel Kenya, and Telkom Kenya are playing a vital role in connectivity across the country. The migration of on-premises infrastructure to cloud/colocation by local enterprises is expected to contribute to the revenue growth in the colocation segment.
The report provides several reasons why potential investors should consider buying this research. It offers market size data related to investment, area, power capacity, and colocation market revenue in Kenya. It also provides an assessment of the data center investment by colocation, hyperscale, and enterprise operators. The report covers the existing data center market landscape, offering in-depth industry analysis and insightful predictions about market size during the forecast period. It also provides information about existing and upcoming third-party data center facilities in Kenya, as well as the coverage and load capacity of these facilities.
Furthermore, the report includes detailed studies of the IT, power, cooling, and general construction services investments in the Kenya data center market. It analyzes the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry. The report also highlights the business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
The transparent research methodology used in the report ensures accurate and reliable analysis of the demand and supply aspects of the industry.
Overall, the report provides a comprehensive analysis of the Kenya data center market, identifying growth opportunities and investment potential. With the country’s strategic location, improving infrastructure, and supportive government policies, the data center market in Kenya is poised for significant growth in the coming years.
ResearchAndMarkets.com is a leading source for international market research reports and market data. They provide the latest data on international and regional markets, key industries, top companies, new products, and emerging trends.
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