Nigeria Data Center Market Outlook (2021-2027)
Market Forecast By Types (Colocation Data Center, Cloud Data Center, Managed Services Data Center, Enterprise Data Center), By Verticals (Telecom & IT, BFSI, Government, Healthcare, Education & Others), By Regions (Southwest, Central, Southeast, Northwest, Northeast) And Competitive Landscape According to 6Wresearch, Nigeria Data Center Market size is projected to grow at a CAGR of 17.9% during 2021-2027. Nigeria data center market is likely to experience a rapid growth in the forecast period on account of multiple initiative launched by the government such as National Digital Economy Policy and Strategy (2020-2030), Cloud Computing Policy (2019), National Broadband Plan (2020-2025), Smart city initiative combined with upcoming rollout of 5G technology and growing tech ecosystem in the country. Nigeria’s tech start-ups received $701.5 million in funding in 2020, one of the highest in Africa, of which fintech start-ups accounted of 44% of the start-up investments. Numb...