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.
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. |
Forecast Period 2024 -32 CAGR: |
5.32% |
Market Size in 2032: |
USD 414.27 Bn. |
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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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Service Provided
3.3 By Uptime
3.4 By End User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Data Center Market by Type
5.1 Data Center Market Overview Snapshot and Growth Engine
5.2 Data Center Market Overview
5.3 Enterprise
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Enterprise: Geographic Segmentation
5.4 Managed services
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Managed services: Geographic Segmentation
5.5 Cloud-based
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Cloud-based: Geographic Segmentation
5.6 Colocation
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Colocation: Geographic Segmentation
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Others: Geographic Segmentation
Chapter 6: Data Center Market by Service Provided
6.1 Data Center Market Overview Snapshot and Growth Engine
6.2 Data Center Market Overview
6.3 Data Processing
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Data Processing: Geographic Segmentation
6.4 Data Storage
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Data Storage: Geographic Segmentation
6.5 Networking
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Networking: Geographic Segmentation
6.6 Data Management and Distribution
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Data Management and Distribution: Geographic Segmentation
Chapter 7: Data Center Market by Uptime
7.1 Data Center Market Overview Snapshot and Growth Engine
7.2 Data Center Market Overview
7.3 Tier I
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Tier I: Geographic Segmentation
7.4 Tier II
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Tier II: Geographic Segmentation
7.5 Tier III
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2017-2032F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Tier III: Geographic Segmentation
7.6 Tier IV
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2017-2032F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Tier IV: Geographic Segmentation
Chapter 8: Data Center Market by End User
8.1 Data Center Market Overview Snapshot and Growth Engine
8.2 Data Center Market Overview
8.3 BFSI
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2017-2032F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 BFSI: Geographic Segmentation
8.4 IT & Telecom
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2017-2032F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 IT & Telecom: Geographic Segmentation
8.5 Healthcare
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size (2017-2032F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Healthcare: Geographic Segmentation
8.6 Energy
8.6.1 Introduction and Market Overview
8.6.2 Historic and Forecasted Market Size (2017-2032F)
8.6.3 Key Market Trends, Growth Factors and Opportunities
8.6.4 Energy: Geographic Segmentation
8.7 Government
8.7.1 Introduction and Market Overview
8.7.2 Historic and Forecasted Market Size (2017-2032F)
8.7.3 Key Market Trends, Growth Factors and Opportunities
8.7.4 Government: Geographic Segmentation
8.8 Others
8.8.1 Introduction and Market Overview
8.8.2 Historic and Forecasted Market Size (2017-2032F)
8.8.3 Key Market Trends, Growth Factors and Opportunities
8.8.4 Others: Geographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Positioning
9.1.2 Data Center Sales and Market Share By Players
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Data Center Industry Concentration Ratio (CR5 and HHI)
9.1.6 Top 5 Data Center Players Market Share
9.1.7 Mergers and Acquisitions
9.1.8 Business Strategies By Top Players
9.2 CORESITE (USA)
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Operating Business Segments
9.2.5 Product Portfolio
9.2.6 Business Performance
9.2.7 Key Strategic Moves and Recent Developments
9.2.8 SWOT Analysis
9.3 QTS REALTY TRUST
9.4 INC (USA)
9.5 CHINA TELECOM (CHINA)
9.6 INTERXION HOLDING N.V. (NETHERLANDS)
9.7 NTT COMMUNICATIONS (JAPAN)
9.8 IBM CORPORATION (USA)
9.9 AMAZON WEB SERVICES (USA)
9.10 CYRUSONE INC (USA)
9.11 EQUINIX (USA)
9.12 DIGITAL REALTY (USA)
9.13 CYXTERA TECHNOLOGIES (USA)
9.14 IRON MOUNTAIN INC (USA)
9.15 KAO DATA CAMPUS (UK)
9.16 OTHER KEY PLAYERS
Chapter 10: Global Data Center Market Analysis, Insights and Forecast, 2017-2032
10.1 Market Overview
10.2 Historic and Forecasted Market Size By Type
10.2.1 Enterprise
10.2.2 Managed services
10.2.3 Cloud-based
10.2.4 Colocation
10.2.5 Others
10.3 Historic and Forecasted Market Size By Service Provided
10.3.1 Data Processing
10.3.2 Data Storage
10.3.3 Networking
10.3.4 Data Management and Distribution
10.4 Historic and Forecasted Market Size By Uptime
10.4.1 Tier I
10.4.2 Tier II
10.4.3 Tier III
10.4.4 Tier IV
10.5 Historic and Forecasted Market Size By End User
10.5.1 BFSI
10.5.2 IT & Telecom
10.5.3 Healthcare
10.5.4 Energy
10.5.5 Government
10.5.6 Others
Chapter 11: North America Data Center Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Enterprise
11.4.2 Managed services
11.4.3 Cloud-based
11.4.4 Colocation
11.4.5 Others
11.5 Historic and Forecasted Market Size By Service Provided
11.5.1 Data Processing
11.5.2 Data Storage
11.5.3 Networking
11.5.4 Data Management and Distribution
11.6 Historic and Forecasted Market Size By Uptime
11.6.1 Tier I
11.6.2 Tier II
11.6.3 Tier III
11.6.4 Tier IV
11.7 Historic and Forecasted Market Size By End User
11.7.1 BFSI
11.7.2 IT & Telecom
11.7.3 Healthcare
11.7.4 Energy
11.7.5 Government
11.7.6 Others
11.8 Historic and Forecast Market Size by Country
11.8.1 U.S.
11.8.2 Canada
11.8.3 Mexico
Chapter 12: Europe Data Center Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Enterprise
12.4.2 Managed services
12.4.3 Cloud-based
12.4.4 Colocation
12.4.5 Others
12.5 Historic and Forecasted Market Size By Service Provided
12.5.1 Data Processing
12.5.2 Data Storage
12.5.3 Networking
12.5.4 Data Management and Distribution
12.6 Historic and Forecasted Market Size By Uptime
12.6.1 Tier I
12.6.2 Tier II
12.6.3 Tier III
12.6.4 Tier IV
12.7 Historic and Forecasted Market Size By End User
12.7.1 BFSI
12.7.2 IT & Telecom
12.7.3 Healthcare
12.7.4 Energy
12.7.5 Government
12.7.6 Others
12.8 Historic and Forecast Market Size by Country
12.8.1 Germany
12.8.2 U.K.
12.8.3 France
12.8.4 Italy
12.8.5 Russia
12.8.6 Spain
12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Data Center Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Enterprise
13.4.2 Managed services
13.4.3 Cloud-based
13.4.4 Colocation
13.4.5 Others
13.5 Historic and Forecasted Market Size By Service Provided
13.5.1 Data Processing
13.5.2 Data Storage
13.5.3 Networking
13.5.4 Data Management and Distribution
13.6 Historic and Forecasted Market Size By Uptime
13.6.1 Tier I
13.6.2 Tier II
13.6.3 Tier III
13.6.4 Tier IV
13.7 Historic and Forecasted Market Size By End User
13.7.1 BFSI
13.7.2 IT & Telecom
13.7.3 Healthcare
13.7.4 Energy
13.7.5 Government
13.7.6 Others
13.8 Historic and Forecast Market Size by Country
13.8.1 China
13.8.2 India
13.8.3 Japan
13.8.4 Singapore
13.8.5 Australia
13.8.6 New Zealand
13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Data Center Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Enterprise
14.4.2 Managed services
14.4.3 Cloud-based
14.4.4 Colocation
14.4.5 Others
14.5 Historic and Forecasted Market Size By Service Provided
14.5.1 Data Processing
14.5.2 Data Storage
14.5.3 Networking
14.5.4 Data Management and Distribution
14.6 Historic and Forecasted Market Size By Uptime
14.6.1 Tier I
14.6.2 Tier II
14.6.3 Tier III
14.6.4 Tier IV
14.7 Historic and Forecasted Market Size By End User
14.7.1 BFSI
14.7.2 IT & Telecom
14.7.3 Healthcare
14.7.4 Energy
14.7.5 Government
14.7.6 Others
14.8 Historic and Forecast Market Size by Country
14.8.1 Turkey
14.8.2 Saudi Arabia
14.8.3 Iran
14.8.4 UAE
14.8.5 Africa
14.8.6 Rest of MEA
Chapter 15: South America Data Center Market Analysis, Insights and Forecast, 2017-2032
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Type
15.4.1 Enterprise
15.4.2 Managed services
15.4.3 Cloud-based
15.4.4 Colocation
15.4.5 Others
15.5 Historic and Forecasted Market Size By Service Provided
15.5.1 Data Processing
15.5.2 Data Storage
15.5.3 Networking
15.5.4 Data Management and Distribution
15.6 Historic and Forecasted Market Size By Uptime
15.6.1 Tier I
15.6.2 Tier II
15.6.3 Tier III
15.6.4 Tier IV
15.7 Historic and Forecasted Market Size By End User
15.7.1 BFSI
15.7.2 IT & Telecom
15.7.3 Healthcare
15.7.4 Energy
15.7.5 Government
15.7.6 Others
15.8 Historic and Forecast Market Size by Country
15.8.1 Brazil
15.8.2 Argentina
15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
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. |
Forecast Period 2024 -32 CAGR: |
5.32% |
Market Size in 2032: |
USD 414.27 Bn. |
Segments Covered: |
By Type |
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|
By Service Provided
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|
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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.