Key Market Highlights: 

• ​Colombia also has a personal data protection law that mandates to have proper authorization of the owner of the data before processing it also authorization is required before treating the data internationally. 
• Colombia has over ten Free Trade Zones in Bogota, Rionegro (Medellin), Pacific (Cali), La Candelaria (Cartagena), Quindio, Santa Marta, Barranquilla, Cartagena, Palmaseca (Cali) and Arauca, which expect to attract construction contractors to develop data center facilities in the coming years.​ 
• The growing adoption of cloud-based services is helping grow retail and wholesale colocation services in the market. The market is witnessing increased demand for colocation spaces across existing and upcoming data centers.​ 
• The major demand driver for colocation services in Colombia is the increased adoption of cloud services. Due to the COVID-19 pandemic, several organizations started working on the cloud platform. followed by 5G deployment and AI adoption.