June 24, 2022 16:10 ET | Source: Arizton Advisory and Intelligence Arizton Advisory and Intelligence
Chicago, June 24, 2022 (GLOBE NEWSWIRE) -- [139 Pages Report] According to Arizton latest research report, the Latin America data center physical security market is expected to grow at a CAGR of 11.27% during 2022-2027. All data center providers prefer multiple layers of safety, and several data centers are implementing five-layer systems due to the increasing demand for colocation services, which is a major driver for the physical security market.
Latin America Data Center Physical Security Market Report Scope
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In 2021, the data center market was mainly dominated by colocation providers, followed by internet and cloud service providers. There are also many cloud-based services providers that are dependent on the construction of facilities by colocation providers to colocate space on a wholesale basis. In terms of hyperscale construction, Apple, Facebook, Google, AWS, and Microsoft are investing billions of dollars in the market every year. Moreover, the government in many countries is fueling the growth of the digital economy.
Is Adoption of Anti-Climb Perimeter Security Impacting the Market Growth?
Physical security is one of the most important factors in protecting data centers from any physical damage. Anti-climb perimeter security systems work both tactilely and visually, with additional security that detects intruders approaching or breaking through the fence. The fence is installed along with the entrance and exit gates and is supported by security officers, cameras, sensors, and vehicle traps. Vendors are also innovating products for physical data center security in terms of perimeter security systems. As security is important in all data centers with significant cases of terrorist attacks need to procure anti-climb perimeter security systems. It is expected that during the forecast period, more and more data center operators will adopt perimeter fencing to ensure the safety of users’ data.
Over the past two years, the market has been driven by colocation providers as many enterprises are considering colocating spaces to expand their offerings in Latin America. Also, the market is aided by modular and prefabricated data center spaces inside office environments. The concept of edge computing will also be a strong growth enabler for the market in the upcoming years. However, vendor partnerships with modular data center service providers are key for their revenue growth. There is a significant growth in the development of colocation data centers across the region, which has been fueling the Latin America physical security market in future.
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