Internet Data Center Market Size, Share & Trends Analysis Report By Services (Colocation, Hosting), By Deployment (Public, Private, Hybrid), By End-use (CSP, Telecom), By Enterprise Size (SMEs, Large), By Region, And Segment Forecasts, 2023 - 2030

Internet Data Center Market Size, Share & Trends Analysis Report By Services (Colocation, Hosting), By Deployment (Public, Private, Hybrid), By End-use (CSP, Telecom), By Enterprise Size (SMEs, Large), By Region, And Segment Forecasts, 2023 - 2030

Internet Data Center Market Growth & Trends

The global internet data center market size is projected to reach USD 107.26 billion by 2030, registering a CAGR of 10.6%, according to a new study by Grand View Research Inc. As businesses all over the world embark on a relentless journey of digital transformation, the market for Internet Data Center (IDC) will expand at an astounding rate. IDCs act as the crucial infrastructure supporting this paradigm-shifting transformation in an age where data is money and information is power. Unprecedented amounts of data are being produced and consumed by businesses, governments, and people, which has forced the market to grow and change to keep up with the demand.

The need for agility, scalability, security, and dependability in managing massive volumes of data and supporting a wide range of applications is what motivates this digital transformation imperative. The driving force behind the IDC market's expansion is cloud computing. To supply cloud services like Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), cloud service providers (CSPs) are making significant investments in data center infrastructure. The cloud model eliminates the need for significant on-premises data center expenditures by offering organizations scalable, affordable solutions on demand.

IDCs play a crucial role in providing the physical infrastructure necessary to support these services, which is crucial for the market's growth as businesses adopt the cloud for its operational efficiency and flexibility. The IDC landscape is changing due to edge computing. This method reduces latency and enables real-time applications by bringing data processing closer to the source of the data. Edge computing is essential due to the growth of IoT devices, autonomous systems, and augmented reality. By building data centers in key areas, IDCs are advancing to enable edge computing and ensure low-latency data processing and delivery. The market is positioned for ongoing growth as the edge computing revolution gathers steam, meeting the special needs of distributed computing.

Internet Data Center Market Report Highlights

• Based on services, the CDN segment is expected to witness the highest CAGR of over 14% from 2023 to 2030. The quick development of streaming video, online gaming, and e-commerce has considerably fuelled the segment’s expansion
• Based on deployment, the hybrid segment is projected to witness the highest CAGR of over 13% during the forecast period. The hybrid method enables businesses to selectively arrange tasks in the most suitable setting, maximizing resource usage and financial effectiveness
• Based on enterprise size, the SME segment is projected to witness the highest CAGR of around 12% over the forecast period. IDCs give SMEs the chance to utilize top-notch data center resources and cloud services without having to make big upfront infrastructure investments or build out substantial in-house IT staff
• Based on end-use, the e-commerce & retail segment is projected to witness the highest CAGR of over 13% from 2023 to 2030. IDCs provide the required network, processing, and storage resources for high-performance, secure, and dependable e-commerce operations

Please note The report will be delivered in 4-8 business days upon order notification.