Data Center Market Overview :
The Data Center Market size was valued at USD 259.83 Billion in 2023 and is projected to reach USD 414.27 Billion by 2032, registering a CAGR of 5.32 % from 2023 to 2032.
A data center is a physical facility that are used to manage the organizations’ critical applications and data. A data center is formed based on a network of computing and storage resources that makes it possible to store and deliver shared applications and data. Design of modern data centers are very different than what it used to be a short time ago, there are a lot of changes in the Infrastructure. It is shifted from traditional on-premises physical servers to virtual networks that is able to carry huge workload and can manage over a cloud environment. Any modern data center is comprised of routers, switches, firewalls, storage systems, servers, and application-delivery controllers which all together fulfils several organizational data operations such as, Email and file sharing, Customer relationship management (CRM), Enterprise resource planning (ERP), database, Big data, artificial intelligence, machine learning, etc.
Data Centers are gaining a lot of importance as every large and small business is moving to appropriate technology, wherein data center play an important role in assisting such technologies. Currently, the demand for data centers is increasing more and more users are connecting to the Internet. These users receive and transmit large amounts of data, for these the lines of communication should be effectual, and should be able to pass the maximum amount of data per unit time. All this leads to the need of constant improvement in data centers and linked technologies. Also, the data center should communicate across multiple platforms, both on-premises and in the cloud. Even the applications that are hosted in the cloud needs data center to store and deliver the data. Hence, in the wake of growing demand of data center in different organizations it is expected that the Global Market of Data Center is going to subsist profitable in upcoming years.
Market Dynamics and Factors of the Global Data Center Market:
Drivers:
- Increase In The Number of Companies Switching To Cloud Services To Ingress Emerging Technologies Like Big Data, 5G, etc
- Enormous Growth In Data Consumption, Data Generation and Data Storage
Restraints:
- Requirement of Huge Investment Initially and While Establishing Modern Data Center Components
Opportunities:
- Increasing Demand For Modern Data Centers With Greater Need to Improve The Performance of Data Centers to Raise Overall Reliability of Data Centers
Regional Analysis Of Data Center Market:
North America covers a majority of share in Global Data Center Market revenue. Last year, North America region dominated the market with over 40% of market share. This is by and large attributed to number of several cloud service providers operating in the region. Moreover, rising e-commerce sales in the United States and Canada are responsible for regional market expansion. U.S. serves as a home for many giant IT firms, such as Google, Facebook, Uber, Twitter, etc. and hence has a highly advanced, extensive, and efficient technological infrastructure which leads to high demand for modern next-generation data centers that are more technologically advanced and efficient in managing large amount of data. Along with having the world’s highly developed technological infrastructure, the region is also well organized in terms of infrastructure providers. All this is leading to rapid growth of Data Center market in the region.
COVID-19 Impact on the Global Data Center Market:
The COVID-19 has benefited the Data Center Market in terms of expansion and increased use of cloud services. Data center growth has been driven due to rise in awareness of all small and large business towards the benefits that cloud services can offer. The pandemic has come with an opportunity for the companies operating in the Data Center market with a well-designed and configured cloud service to provide with necessary IT requirements further providing a cost-effective solution with enhanced flexibility and security.
Across the Globe, corporates are shifting their infrastructures to cloud solutions at a very rapid pace because COVID-19 shown that the employees can be productive even working distantly. All these factors have proved Data Center facilities to be the backbone for IT enterprises and other organizations during the pandemic period further gaining more importance than ever. Only a few factors were responsible for restraining the Data Center Market during the initial pandemic period such as Increase in prices of some particular types of Data Centers and halts in construction on new Data Centres, but the market has matured with a lot of benefits that set the market into steady growth for forthcoming period.
Key Players for the Global Data Center Market:
- Coresite (USA)
- QTS Realty Trust, Inc (USA)
- China Telecom (China)
- Interxion Holding N.v. (Netherlands)
- NTT Communications (Japan)
- IBM Corporation (USA)
- Amazon Web Services (USA)
- CyrusOne Inc (USA)
- Equinix (USA)
- Digital Realty (USA)
- Cyxtera Technologies (USA)
- Iron Mountain Inc (USA)
- KAO Data Campus (UK) and Other Major Players
Key Industry Developments in the Global Data Center Market:
In January 2025, Modine, a global leader in thermal management solutions, announced the opening of a new facility in Chennai, India, slated for mid-2025. The facility will produce Airedale by Modine™ data center cooling equipment and cooling modules for stationary power generation. This expansion addresses rising global demand for mission-critical cooling solutions, following recent facility openings in Calgary, Canada, and Bradford, UK.
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Data Center Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 259.83 Bn. |
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Forecast Period 2024 -32 CAGR: |
5.32% |
Market Size in 2032: |
USD 414.27 Bn. |
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Segments Covered: |
By Type |
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By Service Provided
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By Uptime |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Data Center Market by Type (2018-2032)
4.1 Data Center Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Enterprise
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 Managed services
4.5 Cloud-based
4.6 Others
Chapter 5: Data Center Market by Service Provided (2018-2032)
5.1 Data Center Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Data Processing
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Data Storage
5.5 Networking
5.6 Data Management and Distribution
Chapter 6: Data Center Market by Uptime (2018-2032)
6.1 Data Center Market Snapshot and Growth Engine
6.2 Market Overview
6.3 Tier I
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Tier II
6.5 Tier III
6.6 Tier IV
Chapter 7: Data Center Market by End User (2018-2032)
7.1 Data Center Market Snapshot and Growth Engine
7.2 Market Overview
7.3 BFSI
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
7.3.3 Key Market Trends, Growth Factors, and Opportunities
7.3.4 Geographic Segmentation Analysis
7.4 IT & Telecom
7.5 Healthcare
7.6 Energy
7.7 Others
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Benchmarking
8.1.2 Data Center Market Share by Manufacturer (2024)
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Mergers and Acquisitions
8.2 SCHNEIDER ELECTRIC (FRANCE)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Role of the Company in the Market
8.2.5 Sustainability and Social Responsibility
8.2.6 Operating Business Segments
8.2.7 Product Portfolio
8.2.8 Business Performance
8.2.9 Key Strategic Moves and Recent Developments
8.2.10 SWOT Analysis
8.3 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP (INDIA)
8.4 FUJITSU (JAPAN)
8.5 VERTIV GROUP CORP. (U.S.)
8.6 EATON (IRELAND)
8.7 RITTAL GMBH & CO. KG (GERMANY)
8.8 BLACK BOX (U.S.)
8.9 SCHLEIFENBAUER (NETHERLANDS)
8.10 CISCO SYSTEMS INC. (U.S.)
8.11 ENLOGIC (U.S.)
8.12 DIGIPOWER MANUFACTURING INC. (TAIWAN)
8.13 CRENLO ENGINEERED CABS (U.S.)
8.14 DELTA POWER SOLUTIONS (TAIWAN)
8.15 AUSTIN HUGHES ELECTRONICS LTD (CHINA)
8.16 ATEN INTERNATIONAL COLTD. (TAIWAN)
8.17 CYBER POWER SYSTEMS (USA) INC. (U.S.)
8.18 OTHER KEY PLAYERS
Chapter 9: Global Data Center Market By Region
9.1 Overview
9.2. North America Data Center Market
9.2.1 Key Market Trends, Growth Factors and Opportunities
9.2.2 Top Key Companies
9.2.3 Historic and Forecasted Market Size by Segments
9.2.4 Historic and Forecasted Market Size by Type
9.2.4.1 Enterprise
9.2.4.2 Managed services
9.2.4.3 Cloud-based
9.2.4.4 Others
9.2.5 Historic and Forecasted Market Size by Service Provided
9.2.5.1 Data Processing
9.2.5.2 Data Storage
9.2.5.3 Networking
9.2.5.4 Data Management and Distribution
9.2.6 Historic and Forecasted Market Size by Uptime
9.2.6.1 Tier I
9.2.6.2 Tier II
9.2.6.3 Tier III
9.2.6.4 Tier IV
9.2.7 Historic and Forecasted Market Size by End User
9.2.7.1 BFSI
9.2.7.2 IT & Telecom
9.2.7.3 Healthcare
9.2.7.4 Energy
9.2.7.5 Others
9.2.8 Historic and Forecast Market Size by Country
9.2.8.1 US
9.2.8.2 Canada
9.2.8.3 Mexico
9.3. Eastern Europe Data Center Market
9.3.1 Key Market Trends, Growth Factors and Opportunities
9.3.2 Top Key Companies
9.3.3 Historic and Forecasted Market Size by Segments
9.3.4 Historic and Forecasted Market Size by Type
9.3.4.1 Enterprise
9.3.4.2 Managed services
9.3.4.3 Cloud-based
9.3.4.4 Others
9.3.5 Historic and Forecasted Market Size by Service Provided
9.3.5.1 Data Processing
9.3.5.2 Data Storage
9.3.5.3 Networking
9.3.5.4 Data Management and Distribution
9.3.6 Historic and Forecasted Market Size by Uptime
9.3.6.1 Tier I
9.3.6.2 Tier II
9.3.6.3 Tier III
9.3.6.4 Tier IV
9.3.7 Historic and Forecasted Market Size by End User
9.3.7.1 BFSI
9.3.7.2 IT & Telecom
9.3.7.3 Healthcare
9.3.7.4 Energy
9.3.7.5 Others
9.3.8 Historic and Forecast Market Size by Country
9.3.8.1 Russia
9.3.8.2 Bulgaria
9.3.8.3 The Czech Republic
9.3.8.4 Hungary
9.3.8.5 Poland
9.3.8.6 Romania
9.3.8.7 Rest of Eastern Europe
9.4. Western Europe Data Center Market
9.4.1 Key Market Trends, Growth Factors and Opportunities
9.4.2 Top Key Companies
9.4.3 Historic and Forecasted Market Size by Segments
9.4.4 Historic and Forecasted Market Size by Type
9.4.4.1 Enterprise
9.4.4.2 Managed services
9.4.4.3 Cloud-based
9.4.4.4 Others
9.4.5 Historic and Forecasted Market Size by Service Provided
9.4.5.1 Data Processing
9.4.5.2 Data Storage
9.4.5.3 Networking
9.4.5.4 Data Management and Distribution
9.4.6 Historic and Forecasted Market Size by Uptime
9.4.6.1 Tier I
9.4.6.2 Tier II
9.4.6.3 Tier III
9.4.6.4 Tier IV
9.4.7 Historic and Forecasted Market Size by End User
9.4.7.1 BFSI
9.4.7.2 IT & Telecom
9.4.7.3 Healthcare
9.4.7.4 Energy
9.4.7.5 Others
9.4.8 Historic and Forecast Market Size by Country
9.4.8.1 Germany
9.4.8.2 UK
9.4.8.3 France
9.4.8.4 The Netherlands
9.4.8.5 Italy
9.4.8.6 Spain
9.4.8.7 Rest of Western Europe
9.5. Asia Pacific Data Center Market
9.5.1 Key Market Trends, Growth Factors and Opportunities
9.5.2 Top Key Companies
9.5.3 Historic and Forecasted Market Size by Segments
9.5.4 Historic and Forecasted Market Size by Type
9.5.4.1 Enterprise
9.5.4.2 Managed services
9.5.4.3 Cloud-based
9.5.4.4 Others
9.5.5 Historic and Forecasted Market Size by Service Provided
9.5.5.1 Data Processing
9.5.5.2 Data Storage
9.5.5.3 Networking
9.5.5.4 Data Management and Distribution
9.5.6 Historic and Forecasted Market Size by Uptime
9.5.6.1 Tier I
9.5.6.2 Tier II
9.5.6.3 Tier III
9.5.6.4 Tier IV
9.5.7 Historic and Forecasted Market Size by End User
9.5.7.1 BFSI
9.5.7.2 IT & Telecom
9.5.7.3 Healthcare
9.5.7.4 Energy
9.5.7.5 Others
9.5.8 Historic and Forecast Market Size by Country
9.5.8.1 China
9.5.8.2 India
9.5.8.3 Japan
9.5.8.4 South Korea
9.5.8.5 Malaysia
9.5.8.6 Thailand
9.5.8.7 Vietnam
9.5.8.8 The Philippines
9.5.8.9 Australia
9.5.8.10 New Zealand
9.5.8.11 Rest of APAC
9.6. Middle East & Africa Data Center Market
9.6.1 Key Market Trends, Growth Factors and Opportunities
9.6.2 Top Key Companies
9.6.3 Historic and Forecasted Market Size by Segments
9.6.4 Historic and Forecasted Market Size by Type
9.6.4.1 Enterprise
9.6.4.2 Managed services
9.6.4.3 Cloud-based
9.6.4.4 Others
9.6.5 Historic and Forecasted Market Size by Service Provided
9.6.5.1 Data Processing
9.6.5.2 Data Storage
9.6.5.3 Networking
9.6.5.4 Data Management and Distribution
9.6.6 Historic and Forecasted Market Size by Uptime
9.6.6.1 Tier I
9.6.6.2 Tier II
9.6.6.3 Tier III
9.6.6.4 Tier IV
9.6.7 Historic and Forecasted Market Size by End User
9.6.7.1 BFSI
9.6.7.2 IT & Telecom
9.6.7.3 Healthcare
9.6.7.4 Energy
9.6.7.5 Others
9.6.8 Historic and Forecast Market Size by Country
9.6.8.1 Turkiye
9.6.8.2 Bahrain
9.6.8.3 Kuwait
9.6.8.4 Saudi Arabia
9.6.8.5 Qatar
9.6.8.6 UAE
9.6.8.7 Israel
9.6.8.8 South Africa
9.7. South America Data Center Market
9.7.1 Key Market Trends, Growth Factors and Opportunities
9.7.2 Top Key Companies
9.7.3 Historic and Forecasted Market Size by Segments
9.7.4 Historic and Forecasted Market Size by Type
9.7.4.1 Enterprise
9.7.4.2 Managed services
9.7.4.3 Cloud-based
9.7.4.4 Others
9.7.5 Historic and Forecasted Market Size by Service Provided
9.7.5.1 Data Processing
9.7.5.2 Data Storage
9.7.5.3 Networking
9.7.5.4 Data Management and Distribution
9.7.6 Historic and Forecasted Market Size by Uptime
9.7.6.1 Tier I
9.7.6.2 Tier II
9.7.6.3 Tier III
9.7.6.4 Tier IV
9.7.7 Historic and Forecasted Market Size by End User
9.7.7.1 BFSI
9.7.7.2 IT & Telecom
9.7.7.3 Healthcare
9.7.7.4 Energy
9.7.7.5 Others
9.7.8 Historic and Forecast Market Size by Country
9.7.8.1 Brazil
9.7.8.2 Argentina
9.7.8.3 Rest of SA
Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies
Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research
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Data Center Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 259.83 Bn. |
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Forecast Period 2024 -32 CAGR: |
5.32% |
Market Size in 2032: |
USD 414.27 Bn. |
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Segments Covered: |
By Type |
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By Service Provided
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By Uptime |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Global Data Center Market research report is 2024-2032.
Coresite (USA), QTS Realty Trust, Inc (USA), China Telecom (China), Interxion Holding N.v. (Netherlands), NTT Communications (Japan), IBM Corporation (USA), Amazon Web Services (USA), CyrusOne Inc (USA), Equinix (USA), Digital Realty (USA), Cyxtera Technologies (USA), Iron Mountain Inc (USA), KAO Data Campus (UK) and Other Major Players.
The Global Data Center Market is segmented into Type, Service Provided, Uptime, End User and region. By Type, the market is categorized into Enterprise, Managed services, Cloud-based, Colocation and Others. By Service Provided, the market is categorized into Data Processing, Data Storage, Networking, Data Management and Distribution. By Uptime, the market is categorized into Tier I, Tier II, Tier III, Tier IV. By End User, the market is categorized into BFSI, IT & Telecom, Healthcare, Energy, Government, Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A data center is a physical facility that are used to manage the organizations’ critical applications and data. A data center is formed based on a network of computing and storage resources that makes it possible to store and deliver shared applications and data. Any modern data center performs operations such as, Email and file sharing, Customer relationship management (CRM), Enterprise resource planning (ERP), database, Big data, artificial intelligence, machine learning, etc.
The Data Center Market size was valued at USD 259.83 Billion in 2023 and is projected to reach USD 414.27 Billion by 2032, registering a CAGR of 5.32 % from 2023 to 2032.
