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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

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

  • Enterprise
  • Managed services
  • Cloud-based
  • Others

By Service Provided

 

  • Data Processing
  • Data Storage
  • Networking
  • Data Management and Distribution

By Uptime

  • Tier I
  • Tier II
  • Tier III
  • Tier IV

By End User

  • BFSI
  • IT & Telecom
  • Healthcare
  • Energy
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increase In The Number Of Companies Switching To Cloud Services To Ingress Emerging Technologies Like Big Data, 5G, etc

Key Market Restraints:

  • Requirement of Huge Investment Initially and While Establishing Modern Data Center Components

Key Opportunities:

  • Increasing Demand For Modern Data Centers With Greater Need To Improve The Performance of Data Centers

Companies Covered in the report:

  • Coresite (USA), QTS Realty Trust, Inc (USA), China Telecom (China), Interxion Holding N.v. (Netherlands), NTT Communications (Japan) and Other Key Players

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

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

  • Enterprise
  • Managed services
  • Cloud-based
  • Others

By Service Provided

 

  • Data Processing
  • Data Storage
  • Networking
  • Data Management and Distribution

By Uptime

  • Tier I
  • Tier II
  • Tier III
  • Tier IV

By End User

  • BFSI
  • IT & Telecom
  • Healthcare
  • Energy
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increase In The Number Of Companies Switching To Cloud Services To Ingress Emerging Technologies Like Big Data, 5G, etc

Key Market Restraints:

  • Requirement of Huge Investment Initially and While Establishing Modern Data Center Components

Key Opportunities:

  • Increasing Demand For Modern Data Centers With Greater Need To Improve The Performance of Data Centers

Companies Covered in the report:

  • Coresite (USA), QTS Realty Trust, Inc (USA), China Telecom (China), Interxion Holding N.v. (Netherlands), NTT Communications (Japan) and Other Key Players
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Frequently Asked Questions :

What would be the forecast period in the Global Data Center Market research report?

The forecast period in the Global Data Center Market research report is 2024-2032.

Who are the key players in 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.

What are the segments of the Global Data Center Market?

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.).

What is the Global Data Center Market?

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.

How big is the Global Data Center Market?

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.