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The Nigeria Data Center industry is expected to generate more than USD ~280 Mn by 2027 due to investments in hyperscale and co-location services and increasing internet penetration. The industry is consolidated with top players holding more than 70% market share. The growth of the data center market in Nigeria is due to the launch of 5G, which will strengthen the digital economy in the nation and accelerate growth in data center market. E-commerce platforms and fintech will benefit from 5G networks, as it will enable faster and more efficient data processing and transmission.
