Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Data Center Construction Market in Africa to Witness Investment Opportunities of $2.53 Billion by 2029 – Arizton

Published

on

data-center-construction-market-in-africa-to-witness-investment-opportunities-of-$2.53-billion-by-2029-–-arizton

CHICAGO, April 4, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Africa data center construction market is growing at a CAGR of 13.08% during 2023-2029.   

To Know More, Click: https://www.arizton.com/market-reports/africa-data-center-construction-market-size-analysis
Browse In-depth TOC on the Africa Data Center Construction Market       
317 – Pages 30   – Tables                 106 – Figures       
The Africa Data Center Construction Market Report Scope    
Report Attributes    
Details     
Market Size – Investment (2029)    
USD 2.53 Billion
Market Size – Investment (2023)    
USD 1.21 Billion
CAGR – Investment (2023-2029)    
13.08 %
Market Size – Area (2029) 
1,685 Thousand Square Feet
Power Capacity (2029) 
305 MW
Historic Year    
2020-2022    
Base Year    
2023
Forecast Year    
2024-2029    
Market Segmentation    
Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Techniques, General Construction, Tier Standard, and Geography 
Geographic Analysis    
Africa (South Africa, Kenya, Nigeria, Egypt, Ethiopia, and Other African Countries)
Market Dynamics     

Increasing Adoption of Cloud ServicesGrowth in Penetration of Big Data & IoTRise in Renewable Energy AdoptionIncrease in Submarine Cable & Inland Connectivity 
 
The African region has a population surge, urbanization, and digitalization, leading to increased power consumption, carbon emissions, and environmental concerns. Notably, data centers have grown across various locations recently. The concern of controlling carbon emissions and operating data centers sustainably is increasing with the growing number of data centers. In response, data center operators and government entities increasingly embrace sustainable practices, such as incorporating renewable energy into power facilities. As the demand for hyperscale investment rises, adopting renewable energy in data centers is expected to become more prevalent for long-term environmental benefits.
The South African data center construction market is one of the major data center markets in the African region. The major data center companies involved in development include NTT DATA, Vantage Data Centers, Africa Data Centres, Equinix, Digital Realty (Teraco), and Open Access Data Centres (OADC). Low electricity and land costs, renewable energy projects, data protection laws, a rise of digital technologies, such as AI & big data, better internet connections, deployment of submarine cables, uptake in cloud services, and demand for strong data storage and processing capabilities, and many more, are the major factors expected to drive the data center market. Some new data center developments announced in South Africa include.
In November 2023, Open Access Data Centres (OADC) will expand its Johannesburg data center facility in South Africa, expanding its power capacity to 4MW and 600 racks, expected to be complete in Q1 2024.In November 2023, the Teraco (Digital Realty) DB1 facility in Durban completed its expansion up to 2 MW and 2,000 sqm of white space.In November 2023, Teraco (Digital Realty) is building a new data center in Cape Town, South Africa.Data Center Investors
The African data center construction market has witnessed intense competition among global service providers and local companies. The market has witnessed investments from cloud services, colocation, and telecom operators.Several major data center operators, such as 21st Century Technologies, Africa Data Centres, IXAFRICA DATA CENTRE, Digital Realty, Raxio Data Centres, Rack Centre Equinix, and others, are among the major investors in the Africa data center market.Hyperscale operators, such as Amazon Web Services (AWS), Google Cloud Platform (GCP), Huawei Cloud, Oracle Cloud, and Microsoft Azure, are leading the market regarding hyperscale investment and innovative technologies.Colocation vendors should target global service providers with a strong customer base and help them establish a physical presence. The competition will grow in terms of cost and the high availability of service offerings.In Africa, data center operators and government bodies have started opting for several sustainable initiatives, including installing renewable energy sources to run data centers.The increased construction of data centers across African countries is increasing the cost of industrial land on a YoY basis.What’s Included in the Report?
Market estimations by investment, area, and power capacity at the regional level and across key geographies – 5+ countries coveredAssessment of investments by colocation, hyperscale, and enterprise operatorsA detailed study of the existing market landscape, an in-depth industry analysis, and insightful predictions about the growth trajectory of the market and its sub-segmentsA comprehensive analysis of key market enablers, latest trends, restraints, and growth prospects for the industryClassification of data center construction market investments into multiple segments and sub-segments (electrical infrastructure, mechanical infrastructure, and general construction services) with sizing and market forecastProvide a business overview and product offerings of prominent construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.The Africa Data Center Construction Market Report Encompasses Crucial Data, including:      
Market size and growth forecast for 10 years from 2020-2029              CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the Africa data center construction market over the specified time frame.                Detailed information on growth drivers: The report offers in-depth information on the factors that will propel the Africa data center construction market growth from 2023 to 2029. This includes an analysis of various market influences.                Precise estimation of market size: Accurate assessments of the Africa data center construction market size and its contribution, focusing on key market segments.                Predictions about upcoming trends and changes in consumer behavior: The report offers insights into anticipated trends and shifts in consumer behavior that are likely to impact the Africa data center construction market, helping businesses prepare for future market dynamics.                Geographical market growth: The report covers the development of the Africa data center construction market. Competitive landscape analysis: A thorough examination of the market’s competitive landscape is presented, including detailed information about companies operating in the Africa data center construction market. This includes an overview of key players, their market share, strategies, and key developments.                Analysis of growth challenges: The report includes a comprehensive analysis of factors that may pose challenges to the growth of companies in the Africa data center construction market, providing a well-rounded view of the market dynamics.         
Buy this Research @ https://www.arizton.com/market-reports/africa-data-center-construction-market-size-analysis
The Report Includes the Investment in the Following Areas: 
Infrastructure
Electrical InfrastructureMechanical InfrastructureGeneral ConstructionElectrical Infrastructure
UPS SystemsGeneratorsTransfer Switches & SwitchgearPDUsOther Electrical InfrastructureMechanical Infrastructure
Cooling SystemsRacksOther Mechanical InfrastructureCooling Systems
CRAC and CRAH UnitsChillers UnitsCooling Towers, Condensers, & Dry CoolersOther Cooling UnitsCooling Technique
Air-based CoolingLiquid-based CoolingGeneral Construction
Core & Shell DevelopmentInstallation & Commissioning ServicesEngineering & Building DesignFire Detection & SuppressionPhysical SecurityDCIM/BMS SolutionsTier Standards
Tier I & Tier IITier IIITier IVGeography
AfricaSouth AfricaKenyaNigeriaEgyptEthiopiaOther African CountriesVendors
Prominent Data Center Support Infrastructure Providers
4energyABBCaterpillarCumminsDelta ElectronicsEATONEVAPCOEnlogicLegrandMaster Power TechnologiesRittalRolls-RoyceSchneider ElectricSiemensSTULZVertivProminent Data Center Construction Contractors
AbbeydaleAdvanced Vision MoroccoARSMAGNAArupAtkinsRéalisb2 ArchitectsCAP DCChess EnterprisesCopy Cat GroupEastra SolutionsEdarat GroupEDS EngineersEgyproH&MV EngineeringIngeniumInterkelJLB ArchitectsMWK EngineeringOrascom ConstructionREDCON ConstructionRaya Network ServicesRoyal HaskoningDHVShaker GroupSterling & WilsonSummit Technology SolutionsTri-Star ConstructionUnited For Technology SolutionsWestwood ManagementData Center Investors
21st Century TechnologiesAfrica Data CentresAirtel AfricaDigital Parks AfricaDigital RealtyEquinixGalaxy BackboneIXAFRICA DATA CENTREMedallion CommunicationsNTT DATAOpen Access Data CentresParatus NamibiaRack CentreRaxio Data CentresRaya Data CenterTelecom EgyptVantage Data CentersWingu.AfricaNew Entrants
CloudoonKasi CloudGulf Data HubKhazna Data CentersKey Questions Answered in the Report:  How big is the Africa data center construction market?What is the growth rate of the Africa data center construction market?What is the estimated market size in terms of area in the Africa data center construction market by 2029?What are the key trends in the Africa data center construction market?How many MW of power capacity is expected to reach the Africa data center construction market by 2029?
Get the Detailed TOC @ https://www.arizton.com/market-reports/africa-data-center-construction-market-size-analysis
Check Out Some of the Top-Selling Research Reports:              
South Africa Data Center Market – Investment Analysis & Growth Opportunity 2023-2028
Africa Data Center Colocation Market – Industry Outlook & Forecast 2023-2028
Middle East and North Africa Data Center Market – Industry Outlook & Forecast 2023-2028
South Africa Data Center Market – Investment Analysis & Growth Opportunity 2024-2029
Why Arizton?                       100% Customer Satisfaction                       24×7 availability – we are always there when you need us                       200+ Fortune 500 Companies trust Arizton’s report                       80% of our reports are exclusive and first in the industry                       100% more data and analysis                       1500+ reports published till date                        
About Us:                                                            
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.                                                          
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.                                                           
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.                                                                 
Contact Us                                                        
Call: +1-312-235-2040                                                                  +1 302 469 0707                                                       Mail: [email protected]                                                         Contact Us: https://www.arizton.com/contact-us                                                        Blog: https://www.arizton.com/blog                                                       Website: https://www.arizton.com/
Photo: https://mma.prnewswire.com/media/2379444/Africa_Data_Center_Construction_Market.jpgLogo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/data-center-construction-market-in-africa-to-witness-investment-opportunities-of-2-53-billion-by-2029—arizton-302108408.html

Continue Reading

Artificial Intelligence

oToBrite Develops a Compact All-Weather Vision-AI Driver Monitoring System for the Commercial Vehicle Market

Published

on

otobrite-develops-a-compact-all-weather-vision-ai-driver-monitoring-system-for-the-commercial-vehicle-market

HSINCHU, May 9, 2024 /PRNewswire/ — oToBrite, a leading provider of vision-AI ADAS solutions, has successfully developed a compact all-weather vision-AI Driver Monitoring System (DMS). With a high-sensitivity automotive-grade global shutter image sensor, the system achieves outstanding Quantum Efficiency (QE), providing clear image quality day and night. With oToBrite’s proprietary secondary optical system, the overall combination effectively enhances the accuracy and reliability of the vision-AI algorithm in all weather conditions. The DMS has already been successfully delivered to heavy commercial vehicle manufacturers, mitigating the potential risks of traffic accidents.

oToBrite’s vision-AI DMS utilizes self-developed AI 3D facial landmark technology to identify over 100 driver IDs and recognize driving behaviors, including smoking, phone use, distraction, fatigue. The system remains effective even when drivers wear Level 3 sunglasses or coated glasses, without compromising the detection and recognition capabilities of vision-AI.
The vision-AI DMS features a 940nm infrared and high-QE sensor, coupled with oToBrite’s proprietary optical design, ensuring clear images in strong light conditions (>120K lux) or during nighttime driving. Additionally, oToBrite’s vision-AI technology optimizes facial image quality, ensuring accurate AI recognition whether driving against sunlight, backlight, or through tunnels.
Miniaturization is a significant trend in driver monitoring applications. oToBrite further emphasizes that, compared to many systems on the market requiring multiple LEDs for sufficient illumination, the DMS only needs one LED to meet the system’s image quality requirements. In terms of hardware technology, oToBrite’s secondary optical system adjusts the LED light source to any angle to meet light distribution needs. Concentrating the light source can double the illumination, producing more reliable images for AI recognition. This also reduces optical component usage, enhances image clarity, and saves installation space and system costs.
According to the 2023 market research report by Gii, the DMS market reached $1.3 billion in 2022, with an expected Compound Annual Growth Rate (CAGR) of 8.3% by 2028, reaching $20.8 billion. Currently, several countries are drafting or have implemented regulations, and driven by regulatory demand, oToBrite’s compact all-weather vision-AI DMS has begun mass production, contributing to achieving Vision Zero. Read more: http://www.otobrite.com/en/block/index/99
About oToBrite 
oToBrite is a leading vison-AI ADAS/AD solutions provider. Based in Hsinchu Science Park, oToBrite has IATF 16949-certified clean room factory and many years of experience as an automotive Tier-1 supplier. Through comprehensive research and development capabilities, oToBrite provides vision-AI algorithms, ECU/domain controllers and automotive-grade/special purpose cameras.
Photo – https://mma.prnewswire.com/media/2406494/News_DMS0507.jpg

View original content:https://www.prnewswire.co.uk/news-releases/otobrite-develops-a-compact-all-weather-vision-ai-driver-monitoring-system-for-the-commercial-vehicle-market-302140971.html

Continue Reading

Artificial Intelligence

OMRON Selects IPfolio from Clarivate

Published

on

omron-selects-ipfolio-from-clarivate

IP solution maximizes operational efficiency for leading automation company
LONDON, May 9, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, announced today that OMRON has selected IPfolio™, an intellectual property management software from Clarivate to transform their IP operations. This solution will enable OMRON, a leading automation company to make smarter decisions and plan strategically using IP data and analytical insights.

With IPfolio’s help, OMRON will be able to better manage its IP assets and keep up with the rising number of filings and data volumes, while eliminating manual processes. The IP team at OMRON can enhance their analysis and collaboration with stakeholders by using insightful data visualizations. This can lead to increased productivity, deeper insights, and faster decision-making with confidence.
Gordon Samson, President, Intellectual Property, Clarivate, said, “Our IP Management Software integrates data and services to empower our clients to remove friction, enhance collaboration and make better informed decisions. We are confident that IPfolio will help OMRON simplify the process of managing IP assets across the entire lifecycle.”
About ClarivateClarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com
Media Contact:Jack Wan, External Communications [email protected]
Logo – https://mma.prnewswire.com/media/1159266/Clarivate_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/omron-selects-ipfolio-from-clarivate-302139322.html

Continue Reading

Artificial Intelligence

First-of-Its-kind Institute of Neurotechnology & Law Launches in the UK

Published

on

first-of-its-kind-institute-of-neurotechnology-&-law-launches-in-the-uk

Most people don’t know that, due to recent groundbreaking scientific advances, existing technology can read thoughts, implant dreams, scan memory, tell if a subject is in love, and hack brains for PIN codes.
LONDON, May 9, 2024 /PRNewswire/ — Announcing the establishment of the Institute of Neurotechnology and Law (INL) – the first organisation of its kind in the world, crafted in response to the swift advancements in neurotechnology and the emerging concerns over human rights and privacy.

The world is about to change. Yet whilst AI steals the headlines, recent extraordinary advancements in neurotechnology have gone largely under the radar.
That is why we have set up the Institute of Neurotechnology and Law.
“We are at a critical juncture in the evolution of neurotechnology. The possibilities for improving human life are immense, yet so are the risks to privacy and autonomy,” stated Founder Harry Lambert. “The Institute of Neurotechnology and Law is dedicated to ensuring these technologies enable human flourishing without compromising our moral and ethical principles.”
The institute has already garnered significant attention, attracting some of the world’s foremost experts in neurotechnology, neuroscience, ethics, and law. These distinguished panellists will collaborate to address the pressing issues at the intersection of technology and human rights, aiming to influence policy both domestically and internationally.
For more information about the Institute of Neurotechnology and Law, upcoming events, and membership details, please visit www.neurotechlaw.com.
Media Contact: [email protected]. 07982678044

View original content:https://www.prnewswire.co.uk/news-releases/first-of-its-kind-institute-of-neurotechnology–law-launches-in-the-uk-302140545.html

Continue Reading
Advertisement
Advertisement

Latest News

Trending