Market Forecast By Type (Retail Colocation, Wholesale Colocation), By Industry (IT & Telecom, BFSI, Government & Defence, Others (Education, Healthcare, etc.)), By End-Use (Small And Medium Enterprise (SMEs), Large Enterprise) And Competitive Landscape
Product Code: ETC5510512 | Publication Date: Nov 2023 | Updated Date: Sep 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 51 | No. of Figures: 16 | No. of Tables: 3 | |
Namibia Data Center Colocation Market Report thoroughly covers the market by type, industry and end-use. Namibia Data Center Colocation Market Outlook report provides an unbiased and detailed analysis of the ongoing Namibia Data Center Colocation Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
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. The country 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.
According to 6Wresearch, Namibia Data Center Colocation Market revenue is projected to grow at a CAGR of 9.9% during 2024-2030F. Namibia 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.
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.
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.
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. Further, SMEs are anticipated to witness the fastest growth in upcoming years owing to the growing adoption of digital services.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
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 |
12.1 Paratus Namibia |
12.2 Telecom Namibia Ltd. |
13. Key Strategic Recommendations |
14. Disclaimer |
List of Figures |
1. Namibia Data Center Colocation Market Revenues, 2020-2030F ($Million) |
2. Namibia Percentage of Internet User, 2020-2023, (% of Population) |
3. Internet Traffic Per Capita Per Month, 2022, By Sub-Saharan African Countries (In GB) |
4. Namibia Electricity Outlook, 2023 |
5. Namibia Access Vs. Connection to the Electric Grid, 2023 |
6. Namibia Data Center Colocation Market Revenues Share, By Type, 2023 & 2030F |
7.Namibia Data Center Colocation Market Revenues Share, By Industry, 2023 & 2030F |
8. Namibia Data Center Colocation Market Revenues Share, By End-Use, 2023 & 2030F |
9. Social Media Users Vs Namibia Population (2020-2023) |
10. Digital Payments For Services From Non-Residents (USD Million) |
11. Transactions Through E-Money Channels, (USD million) |
12. Namibia Data Center Colocation Market Opportunity Assessment, By Type (2030F) |
13. Namibia Data Center Colocation Market Opportunity Assessment, By Industry (2030F) |
14. Namibia Data Center Colocation Market Opportunity Assessment, By End-Use (2030F) |
15. Namibia Data Center Colocation Market Revenue Share, By Companies, 2023 |
16. Namibia Data Center Colocation Market Revenues, By SME’s, 2020-2030F |
List of Tables |
1. Namibia Data Center Colocation Market Revenues, By Type, 2020-2030F ($ Million) |
2. Namibia Data Center Colocation Market Revenues, By Industry, 2020-2030F ($ Million) |
3. Namibia Data Center Colocation Market Revenues, By End-Use, 2020-2030F ($ Million) |