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Data Center Market 2023: Industry Growth, Dynamic Research Analysis, Trend and Forecast To 2029

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Global Data Center Market size was valued at USD 234.96 Billion in 2021, and is projected to reach USD 326.23 Billion by 2028, growing at a CAGR of 4.8% from 2022 to 2028.

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.

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The latest research on the Data Center Market provides a comprehensive overview of the market. It gives a comprehensive picture of the global Data Center industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Data Center Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

The Major Players in The Data Center Market Include:

  • 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

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Market has segmented the global Data Center Market on the basis of type, application, and region:

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)

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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players

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