The South Africa Data Center Storage Market size is estimated at USD 460.5 million in 2024, and is expected to reach USD 796.30 million by 2029, growing at a CAGR of 11.70% during the forecast period (2024-2029).
South Africa, the most developed cloud market in sub-Saharan Africa, is experiencing a surge in data center investment to meet the growing demand for cloud services. This development is leading to more demand for data storage as well. Global giants like Amazon Web Services, Google Cloud Platform, IBM, Microsoft, Oracle, SAP, and VMware are targeting this market to expand the local data center facilities. Such factors showcase a positive demand for the market.
The South African data center storage market is moderately consolidated among the players and has gained a competitive edge in recent years. Some of the major players in the country are Dell Inc., Hewlett Packard Enterprise, and Pure Storage Inc. These players, with a prominent market share, focus on expanding their customer base across the region. They leverage strategic collaborative initiatives to increase their market share and profitability.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook