According to Arizton’s latest research report, Nigeria Data center market will grow at a CAGR of 15.82% during 2024-2030.
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Report Summary
Market Size – Investment (2030): USD 671 Million
Market Size – Area (2030): 203 Thousand Sq. Ft.
Market Size – Power Capacity (2030): 44 MW (2030)
CAGR-Investment (2024-2030): 15.82%
Colocation Market Size – Revenue (2030): USD 210 Million
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Overview:
Nigeria is rapidly emerging as one of the key data center destinations within the Africa region. This growth is driven by the surging demand for cloud services, ongoing digital transformation efforts, and the increasing workloads powered by Artificial Intelligence (AI). As AI technologies continue to evolve, the need for robust data infrastructure becomes more pressing. Nigeria is rising to the occasion, with significant investments in both infrastructure and digital technology aimed at attracting businesses seeking reliable data processing and storage solutions.
Nigeria’s data center market is also witnessing strategic consolidation and expansion by global colocation providers. Notable examples include Equinix’s acquisition of MainOneand Digital Realty’s acquisition of Medallion Data Centres, both moves aimed at establishing a firm presence in the market. This trend is expected to continue, with more global players likely to enter the Nigerian market to capitalize on the escalating demand for digital infrastructure.
Recent Product Launches:
Nigeria Strengthens 5G Deployment and Edge Computing Capabilities
Nigeria’s 5G market is expanding rapidly, led by major telecom operators such as MTN, Airtel Nigeria, Globacom, BroadBased Communications, and 9Mobile. These providers have rolled out commercial 5G services, enabling faster data speeds, lower latency, and improved IoT capabilities. The advent of 5G significantly enhances data transmission and reduces latency, addressing delays often caused by traditional data centers located far from end users. Government spectrum auctions and rural connectivity initiatives further support this growth, while the rise in edge computing is enabling real-time data processing and creating new enterprise opportunities across sectors.
Advancing toward Sustainable and Green Data Centers
Nigeria is adopting sustainable practices in data centers to meet regulatory requirements and support environmental goals. Key measures include enhancing energy efficiency, reducing carbon footprints with investments in solar and renewable energy, and implementing advanced cooling techniques to lower power consumption. Green data initiatives have gained significant traction in the region.
Nigeria has set an ambitious vision to combat climate change, targeting a 20% reduction in net emissions below BAU by 2030 and carbon neutrality by 2050, aligning with global sustainability efforts. Africa Data Centres supports this vision through its Corporate Sustainability Programme, focusing on reducing carbon emissions and improving energy efficiency by installing solar power across its data centers and prioritizing low-carbon, renewable energy sources.
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Key Vendors
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
New Entrants
Segmentation & Forecast
IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
General Construction
Tier Standard
Key Questions Answered in the Report:
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