Intelligent CIO LATAM Issue 32 | Page 42

COUNTRY FOCUS : ARGENTINA
Latest research report released by Arizton says Argentina ’ s data center market will grow at a CAGR of 9.36 % from 2022 to 2028 .

Argentina data center ma LATAM tech driver

Córdoba , Argentina

The Argentina data center market size will witness investments of US $ 296 million by 2028 , growing at a CAGR of 9.36 % during the forecast period . data center market , fuelled by advantageous factors such as affordable electricity rates , governmental backing for data center expansion , robust data protection legislation and operator tax incentives .

This upbeat assessment is reported in new research by Arizton recognizing Argentina as leading in digital education with the Learn Connected program , offering classes from kindergarten to high school in digital literacy , programming and robotics .
The report says the country ’ s commitment to embracing digital innovations and entrepreneurial spirit promises a ‘ bright future ’ in Latin American digital transformation .
According to the report , the Argentina data center market is set to become a prominent player in the Latin American
These elements , the report says , will propel the market ’ s growth in the coming years .
Furthermore , in the region , the report recognizes a ‘ noticeable surge ’ in the adoption of cloud services by both organizations and the government .
Telecom Argentina , a comprehensive provider of connectivity services , entertainment , and technological solutions , has strategically incorporated Google Cloud into its hybrid multi-cloud approach , aligning with its overarching cloud-first strategy .
42 INTELLIGENTCIO LATAM www . intelligentcio . com