Mexico Data Center Market - Investment Analysis & Growth Opportunities 2025-2030

MARKET OUTLOOK

The Mexico data center market size will witness investments of USD 2.26 billion by 2030, growing at a CAGR of 13.50% during the forecast period. ​The country also has the presence of a data center association namely, the Mexican Data Center Association (MEXDC), a non-profit organization that serves as a regulatory body for the technology and data center sectors in Mexico. Also, the Mexico data center market is one of the fastest-growing digital infrastructure hubs in Latin America. The market is evolving rapidly, driven by the increasing demand for cloud services, digital transformation, and cross-border connectivity.

The Mexico data center market benefits significantly from its relationship with the U.S., which is further aided by various key elements that enhance its infrastructure, connectivity, and potential for growth. Furthermore, in 2024, retail colocation dominated the colocation market in Mexico, contributing over 74% of total revenue. However, by 2030, we expect the share of wholesale colocation to increase to about 40%. This change is anticipated due to a rise in investment and the development of cloud regions.

In 2024, the cost of developing a data center facility in Queretaro was around $10 per watt, witnessing an increase of over 23% as compared with 2023, according to Turner & Townsend’s data center cost index. The costs are expected to increase annually due to various factors, including supply chain issues, inflation, and rising interest rates.

KEY HIGHLIGHTS

1. Mexico is the second country in Latin America, following Brazil, to host all three major global cloud operators. These giants include Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, each operating its own dedicated cloud region with availability zones.
2. Mexico is further benefitted by the geographic closeness of the U.S. which facilitates quicker and more reliable communication and collaboration. Additionally, strong economic ties between Mexico and the U.S. foster investments and advances in technology and telecommunications.
3. Mexico is connected to several countries through seven submarine cables, linking it to Colombia, the US, Brazil, Panama, Costa Rica, and other countries. Additionally, the country is set to improve its global connectivity with the upcoming deployment of four new submarine cables, which are likely to go online in the next two to three years.
4. Queretaro, considered the primary data center hub in Mexico, is experiencing a surge in data centers. The reliance on digital infrastructure is on the rise, attracting cloud service providers from China and the US.

WHY SHOULD YOU BUY THIS RESEARCH?

1. Market size available in the investment, area, power capacity, and Mexico colocation market revenue.
2. An assessment of the data center investment in Mexico by colocation, hyperscale, and enterprise operators.
3. Data center investments in the area (thousand square feet) and power capacity (MW) across cities in the country.
4. A detailed study of the existing Mexico data center market landscape, an in-depth industry analysis, and insightful predictions about the Mexico data center market size during the forecast period.
5. Snapshot of existing and upcoming third-party data center facilities in Mexico
6. Facilities Covered (Existing): 39
7. Facilities Identified (Upcoming): 11
8. Existing vs. Upcoming (Data Center Area)
9. Existing vs. Upcoming (IT Load Capacity)
10. Data Center Colocation Market in Mexico
11. Colocation Market Revenue & Forecast (2021-2030)
12. Wholesale vs. Retail Colocation Revenue (2021-2030)
13. Retail Colocation Pricing
14. Wholesale Colocation Pricing
15. The Mexico data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
16. A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the market.
17. Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
18. A transparent research methodology and the analysis of the demand and supply aspects of the industry.

VENDOR LANDSCAPE

1. The Mexico data center market has a presence of several prominent global and regional operators, showcasing a robust and diverse ecosystem. Established players such as Ascenty, Equinix, Scala Data Centers, ODATA (Aligned Data Centers), KIO Networks, and Mexico Telecom Partners have firmly positioned themselves as key contributors to the country’s data center industry.
2. In addition to these operators, the Mexico data center industry is experiencing a surge of interest and investment from several new entrants. Companies such as CloudHQ, Layer 9 Data Centers, EdgeConneX, and MDC Data Centers are making significant investments in establishing a presence in Mexico.
3. The Mexico data center market has the presence of all the major cloud operators which include Amazon Web Services (AWS), Microsoft, and Google. For instance, in December 2024, Google launched its new cloud region in Queretaro, named (northamerica-south1), which includes three availability zones. This new cloud region is expected to add more than USD 11 billion to Mexico's GDP by 2030.
4. Scala Data Centers has higher plans for growth and expansion. The company has several facilities under announced and planned stages in the Queretaro region, which include SQROSJ01-SQROSJ03-SQROSJ04, SQROQT01-SQROQT02, SMEXSJ02, and SQROQT03-SQROQT04. All these facilities are likely to become online in the next 3–4 years.

REPORT COVERAGE:

This report analyses the Mexico data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:

1. IT Infrastructure
2. Server Infrastructure
3. Storage Infrastructure
4. Network Infrastructure
5. Electrical Infrastructure
6. UPS Systems
7. Generators
8. Transfer Switches & Switchgears
9. PDUs
10. Other Electrical Infrastructure
11. Mechanical Infrastructure
12. Cooling Systems
13. Rack
14. Other Mechanical Infrastructure
15. Cooling Systems
16. CRAC and CRAH Units
17. Chillers Units
18. Cooling Towers, Condensers and Dry Coolers
19. Other Cooling Units
20. General Construction
21. Core & Shell Development
22. Installation & Commissioning Services
23. Building & Engineering Design
24. Fire Detection & Suppression Systems
25. Physical Security
26. Data Center Infrastructure Management (DCIM)
27. Tier Standard
28. Tier I & Tier II
29. Tier III
30. Tier IV

VENDOR LANDSCAPE

1. IT Infrastructure Providers: Arista Networks, Broadcom, Cisco, Dell Technologies, Hewlett Packard Enterprise, Huawei Technologies, IBM, Lenovo, NetApp, Oracle, Pure Storage, Supermicro.
2. Data Center Construction Contractors & Sub-Contractors: AECOM, Aceco TI, DLR Group, Fluor Corporation, Gensler, KMD Architects, Mendes Holler Engineering, Soben, Syska Hennessy Group, The Weitz Company, Turner Construction. 
3. Support Infrastructure Providers: ABB, Alfa Laval, Axis Communications, Bosch Security & Safety Systems, Caterpillar, Cummins, Daikin Applied, Delta Electronics, Detroit Diesel, Eaton, Honeywell, Johnson Controls, Legrand, Mitsubishi Electric, Munters, Piller Power Systems, Panduit, Rittal, Rolls-Royce, Schneider Electric, Siemens, STULZ, Vertiv.
4. Data Center Investors: Amazon Web Services, Ascenty, Equinix, Google, HostDime, KIO Networks, Mexico Telecom Partners, Microsoft, ODATA (Aligned Data Centers), Scala Data Centers.
5. New Entrants: CloudHQ, EdgeConneX, Layer 9 Data Centers, MDC Data Centers.