# Data center market expansion in Bogotá and Colombia > Developing situation record from CLSTR: https://clstr.news/situations/data-center-market-expansion-in-bogot-and-colombia > Updated: 2026-10-26T05:31:35.000Z. Sources: 2. Developments: 2. Bogotá is undergoing a significant expansion of its digital infrastructure to support cloud services, digital transactions, and artificial intelligence. The city currently maintains 58 megawatts (MW) of operational capacity across 30 facilities, but projects an additional 300 MW through planned developments. This represents a potential increase of over 500% compared to existing infrastructure. A major project by ODATA is currently under development, which is expected to contribute 120 MW, a volume exceeding the city’s current total operational capacity. On a broader scale, the global data center colocation market is projected to grow from USD 124.47 billion in 2026 to USD 222.97 billion by 2031. This growth is driven by cloud adoption, rising data volumes, and the emergence of artificial intelligence, which requires high-density infrastructure and increased power availability. In Colombia, the market is gaining importance as sectors such as banking, retail, healthcare, and telecommunications modernize through digital payments, e-commerce, and cloud computing. ## Timeline ### 2026-10-26: Global data center colocation market projected to reach $222.97 billion by 2031 The data center colocation market is projected to reach $222.97 billion by 2031, fueled by AI, cloud adoption, and digital transformation in regions like Colombia. 2 sources. https://clstr.news/cluster/global-data-center-colocation-market-projected-to-reach-22297-billion-by-2031 ### 2026-10-15: Bogotá expands data center capacity by 500% Bogotá is set to increase its data center capacity by over 500%, moving from 58 MW of operational power to a projected 300 MW of additional capacity to support AI and cloud services. 7 sources. https://clstr.news/cluster/bogot-expands-data-center-capacity-by-500 --- Cite as: Data center market expansion in Bogotá and Colombia. CLSTR, https://clstr.news/situations/data-center-market-expansion-in-bogot-and-colombia