Dublin, Feb. 13, 2025 (GLOBE NEWSWIRE) -- The "Namibia Data Center Colocation Market | Outlook, Share, Size, Revenue, Growth, Forecast, Segmentation, Trends, Value, Analysis, Companies & Industry: Market Forecast By Type, By Industry, By End-Use And Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Namibia's data center colocation market is experiencing substantial growth driven by significant advancements in the IT and telecom sectors, fueled by government initiatives such as Vision 2030. Namibia is witnessing a surge in digital connectivity, with notable investments in fiber-optic networks, mobile broadband, and data center infrastructure.

Key players, including Paratus Namibia, have expanded fiber network coverage to over 40,000 households in 2023, enhancing internet access and fueling demand for robust data storage solutions. The activation of Google's Equiano subsea cable in Swakopmund and MTC's 5G technology demonstration in Windhoek further bolster Namibia's international digital connectivity and data processing capabilities.

Namibia's Data Center Colocation Market revenue is projected to grow at a CAGR of 9.9% during 2024-2030. The Namibian Data Center Colocation Market is anticipated to maintain a steady growth trajectory driven by ongoing government initiatives like the National Broadband Policy and Digital Government Strategic Roadmap. The increasing adoption of high-speed internet and the rollout of 5G technology are expected to amplify data storage and processing needs across various sectors.

As more enterprises and government entities leverage these technological advancements, the demand for reliable and scalable colocation services is anticipated to rise. These developments are positioning colocation services as a critical component for businesses and individuals seeking scalable and secure IT infrastructure, minimizing the need for substantial capital expenditure.

Report Segmentation

Market Segmentation by Type

• By 2030, retail colocation is projected to capture a significant revenue share due to the continued proliferation of SMEs and their increasing need for flexible, scalable IT solutions.
• As digital adoption accelerates, particularly with Namibia's Vision 2030 driving technological advancements, small and medium-sized businesses are anticipated to increasingly rely on retail colocation to manage data without heavy capital expenditure.

Market Segmentation by Industry

• The BFSI sector is anticipated to dominate the revenue share in 2030, driven by its critical need for secure, high-performance data center solutions. Fintech players like PayToday and FNB Namibia are driving the market for digital transactions.
• Moreover, the IT & telecom sector is anticipated to experience the fastest growth rate in the market driven by the ongoing expansion of digital infrastructure, including major investments in fiber-optic networks and the rollout of 5G technology, thereby driving the demand for colocation services.

Market Segmentation by End Use

• Large enterprises are expected to hold the highest revenue share in Namibia's colocation market by 2030, due to their extensive data management requirements and the scalability offered by wholesale colocation.
• Government policies, including Vision 2030 and investments in digital infrastructure, are expected to support the growth of this segment. Furthermore, SMEs are anticipated to witness the fastest growth in upcoming years owing to the growing adoption of digital services.

Report Scope:

• 10 Years Market Numbers
• Historical Data Starting from 2020 to 2023
• Base Year: 2023
• Forecast Data to 2030
• Key Performance Indicators Impacting the Market
• Major Upcoming Developments and Projects

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Namibia Data Center Colocation Market Overview
3.1 Namibia Data Center Colocation Market Revenues, 2020-2030F
3.2 Namibia Data Center Colocation Market Industry Life Cycle
3.3 Namibia Data Center Colocation Market - Porter's Five Forces

4. Namibia Data Center Colocation Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints

5. Namibia Data Center Colocation Market Evolution & Trends

6. Namibia Data Center Colocation Market Overview, By Type
6.1. Namibia Data Center Colocation Market Revenue Share and Revenues, By Type (2023 & 2030F)
6.1.1. Namibia Data Center Colocation Market Revenues, By Retail Colocation, (2020-2030F)
6.1.2. Namibia Data Center Colocation Market Revenues, By Wholesale Colocation (2020-2030F)

7. Namibia Data Center Colocation Market Overview, By Industry
7.1. Namibia Data Center Colocation Market Revenue Share and Revenues, By Industry (2023 & 2030F)
7.1.1. Namibia Data Center Colocation Market Revenues, By BFSI, (2020-2030F)
7.1.2. Namibia Data Center Colocation Market Revenues, By IT & Telecom(2020-2030F)
7.1.3 Namibia Data Center Colocation Market Revenues, By Government & Defense, 2020-2030F
7.1.4 Namibia Data Center Colocation Market Revenues, By Others, 2020-2030F

8. Namibia Data Center Colocation Market Overview, By End-Use
8.1. Namibia Data Center Colocation Market Revenue Share and Revenues, By End-Use (2023 & 2030F)
8.1.1. Namibia Data Center Colocation Market Revenues, By Large Enterprise, (2020-2030F)
8.1.2. Namibia Data Center Colocation Market Revenues, By SMEs (2020-2030F)

9. Namibia Data Center Colocation Market Key Performance Indicators

10. Namibia Data Center Colocation Market Opportunity Assessment
10.1. Market Opportunity Assessment, By Type (2030F)
10.2. Market Opportunity Assessment, By Industry (2030F)
10.3. Market Opportunity Assessment, By End-Use (2030F)

11. Namibia Data Center Colocation Market Competitive Landscape
11.1. Namibia Data Center Colocation Market Revenue Share (2023)

12. Company Profiles

• Paratus Namibia
• Telecom Namibia Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/owv92r

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