Nigeria Data Center Market Analysis, Market Challenges, Opportunities, Future Prospects, and Forecast 2023-2030 | Market Study by RationalStat

Nigeria Data Center Market is expected to reach US$ 601.3 million by 2030, registering a CAGR of over 10%.

Wilmington, Delaware, Oct. 10, 2023 (GLOBE NEWSWIRE) —

Competition Analysis and Market Structure

Data center companies and data center players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the Nigeria Data Center market include,

• In April 2022, Equinix Inc. paid approximately US$ 320 million for MainOne, the parent company of MDX-I, to begin its growth into the African continent. This allows Equinix to implement its long-term objective of providing carrier-neutral data center services in Nigeria.

Some of the prominent players and suppliers operating and contributing significantly to the Nigeria Data Center market growth include IBM Corp., Microsoft Corp., Amazon, MTN Business, Schneider Electric, Airtel Nigeria, Kasi Cloud, Medallion Data Centre, APC Nigeria, and Oracle Nigeria, among others.

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RationalStat has segmented the Nigeria Data Center market based on type, enterprise size, consulting, integration, end user and region

• Nigeria Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
  • Colocation
  • Hyperscale
  • Edge
  • Green and Sustainable
• Nigeria Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Enterprise Size
  • Large Enterprise
  • Small and Medium Enterprise (SMEs)
• Nigeria Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Consulting
  • Network Design
  • Network Planning
  • Security Consulting
  • Network Analysis
  • Benchmarking
  • Needs Assessment
  • Operation Assessment
  • Process Improvement
• Nigeria Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Integration
  • Project Management
  • Installation
  • Test & Debug
  • Custom Software Development
  • Security Implementation
  • Change Management
  • Software Configuration
  • Training & Site Preparation
• Nigeria Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
  • Banking, Financial Services, and Insurance (BFSI)
  • Telecommunication & IT
  • Energy & Utilities
  • Government
  • Media and Entertainment
  • Others (Healthcare, Retail, Education, etc.)
• Nigeria Data Center Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
  • North Central Nigeria
  • North East Nigeria
  • North West Nigeria
  • South West Nigeria
  • South East Nigeria
  • South Nigeria

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Key Questions Answered in the Nigeria Data Center Report:

• What will be the market value of the Nigeria Data Center market by 2030?
• What is the market size of the Nigeria Data Center market?
• What are the market drivers of the Nigeria Data Center market?
• What are the key trends in the Nigeria Data Center market?
• Which is the leading region in the Nigeria Data Center market?
• What are the major companies operating in the Nigeria Data Center market?
• What are the market shares by key segments in the Nigeria Data Center market?

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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