Nigeria’s Data Center Market Expansion Projected To Surpass $1trn By 2031

Leadership | 03-06-2026 07:28am |

Nigeria's data center market is experiencing significant growth, with projections indicating that its value will exceed $1 trillion by 2031. Currently estimated at approximately $288 million in 2025, the market is driven by the rapid expansion of colocation and cloud services, particularly in urban centers such as Lagos. Key industry participants, including Equinix, MTN, Rack Center, and Open, are actively enhancing their infrastructure to meet the increasing demand for data storage and processing capabilities. This expansion reflects the broader trend of digital transformation within the country.

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