Data centre co-location is on the upswing worldwide, with demand in the market set to increase at a compound annual growth rate (CAGR) of 14.7 percent between 2023 and 2030. This upsurge can be attributed to several factors, including rising demand for over-the-top (OTT) media and video streaming services and the need to lower ICT infrastructure costs, as well as the emergence of technologies such as the internet of things (IoT), self-driven vehicles, cloud computing and robotics. The African data centre co-location market is also poised for significant growth, with a projected CAGR of 10.64 percent between 2022 and 2028. Local drivers within the African context include smart city initiatives, the proliferation of 5G networks, and the expansion of fibre connectivity as pivotal factors. AI is also an important factor in the growth of the data centre co-location market, with AI-powered investment driving the industry forward.
