Report cover image

Data Center Market by Type (Colocation, Hyperscale, Edge, and Others), by Deployment Model (On-premise, Cloud, and Hybrid), by Enterprise Size (Large Enterprise and Small and Medium Size Enterprise), and by End User (BFSI, IT and Telecom, Government, Ener

Publisher Next Move Strategy Consulting
Published Mar 29, 2024
Length 269 Pages
SKU # NMSC18659655

Description

Data Center Market by Type (Colocation, Hyperscale, Edge, and Others), by Deployment Model (On-premise, Cloud, and Hybrid), by Enterprise Size (Large Enterprise and Small and Medium Size Enterprise), and by End User (BFSI, IT and Telecom, Government, Energy and Utilities, and Other End Users)– Global Opportunity Analysis and Industry Forecast, 2024–2030


The Data Center Market size was valued at USD 214.0 billion in 2023, and is predicted to reach USD 421.4 billion by 2030, with a CAGR of 10.2% from 2024 to 2030.

The growing concerns about data security, regulatory compliance, and residency requirements, which dictate where certain activities or data must be physically located, fuelling a heightened global demand for data centers. Indigenous groups, such as the Global Indigenous Data Alliance, are at the forefront of this data revolution, asserting control over data associated with indigenous identities, knowledge, and territories. This movement spans various regions, including the U.S., Canada, Aotearoa, and Scandinavia, and emphasizes the geographical reach and the protection of cultural and territorial rights data.

Governments and businesses seek secure and compliant solutions to store critical data within national borders, with data centers playing a pivotal role in meeting these needs. Additionally, the strategic localization of data centers ensures reduced latency and improved performance, aligning with broader objectives of cybersecurity and efficient digital service delivery.

The global adoption of cloud services by businesses, such as tech companies, e-commerce platforms, fintech firms, healthcare providers, government agencies, and much more, is a significant driver fueling the growth of the data center industry. As businesses increasingly migrate their operations and infrastructure to the cloud, there is a rising demand for data centers to support the storage, processing, and management of vast data. According to the latest forecast from Gartner, worldwide end-user spending on public cloud services is expected to reach USD 679 billion in 2024, up from USD 563.6 billion in 2023, reflecting a growth rate of 20.4%.

Cloud services offer scalability, flexibility, and cost-effectiveness, leading to a surge in data center construction and expansion to meet the growing needs of businesses embracing cloud computing. This trend is reshaping the data center landscape, with providers investing in advanced technologies and infrastructure to accommodate the accelerating shift towards cloud-based solutions across various industries.

However, the data center industry faces challenges with high initial costs and strict environmental regulations, posing hindrance for startups. Compliance demands continuous investments in energy-efficient technologies. Countries such as Singapore, the Netherlands, and Ireland have imposed moratoriums on new data center builds to address sustainability concerns and alleviate pressure on power grids. On the contrary, the introduction of edge computing in data centers is expected to create ample growth opportunities for the market in the future. Placing computing resources closer to users eases the burden on centralized cloud data centers and enhances scalability and flexibility, especially for IoT and AR applications.

Segment Overview
The global data center market is segmented on the basis of type, deployment model, enterprise size, end users, and region.
 By type, the market is classified into colocation, hyperscale, edge, and others.
 By deployment model, the market is segmented into on-premise, cloud, and hybrid.
 By enterprise size, the market is divided into large enterprise and small and medium size enterprise
 By end user, the market is categorized into BFSI, IT and telecom, government, energy and utilities, and other end users.
 Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world (RoW).

The North American market is projected to hold the dominant share by 2030
North America dominates the global data center market, and is expected to remain dominant throughout the forecast period. This is attributed to the presence of robust data centers with over 5,300 strategically positioned facilities across the nation. Northern California serves as a notable hub for data-intensive enterprises, housing major companies such as Google, Facebook, Uber, Twitter, and Yelp. The distribution of data centers across various jurisdictions reflects the widespread integration of data in the US economy and the influence of cost-effective energy sources in specific regions. Remarkably, the top 10 data center locations in the US collectively account for less than 40% of all data centers, underscoring the extensive geographic dispersion, with nearly every state hosting at least one data center. Dominated by major players such as Lumen Technology, Verizon, Digital Realty, AT&T, and Equinix, the data center industry in the US is largely consolidated, with these top five operators comprising 25.9% of total US data centers.

Moreover, reports indicate substantial contributions to the US GDP by data centers, with a PwC study commissioned by the Data Center Coalition revealing a USD 2.1 trillion boost between 2017 and 2021. Additionally, data intelligence firm CloudScene highlights the US's significant lead in data center numbers, hosting 5,389 facilities, a figure five times greater than the UK's 512 data centers. Furthermore, substantial investments by tech giants such as Amazon Web Services (AWS), exemplified by a USD 35 billion allocation for new data centers in Virginia, underscore the industry's growth trajectory and its vital role in supporting cloud expansion initiatives, even amidst broader corporate restructuring efforts.

Key Market Players
The key players in the data center market include:
• Amazon.com Inc.
• IBM Corporation
• Microsoft Corporation
• Cisco System Inc.
• Oracle Corporation
• SAP SE
• Hewlett Packard Enterprise Company
• NTT Communications Corporation
• Equinix Inc.
• Digital Reality Trust Inc.

Recent Developments
January 2024
Digital Realty launched its first Indian data center in Chennai, known as MAA10. This facility is designed to meet the growing demand for data center services in India, particularly from cloud and network service providers, reflecting the company's expansion into key global markets such as India.

June 2023
Equinix announced plan to open its first data centre in Kuala Lumpur in the first quarter of 2024, aiming to meet the increasing demand for data centre services in the Southeast Asian region and support the digital transformation efforts of businesses.

April 2023
Microsoft launched its first datacenter region in Poland, marking a significant expansion of its cloud infrastructure. This move not only brings new opportunities for the development of the digital economy in Poland but also strengthens Microsoft's presence in the European data center market.

KEY BENEFITS
• The report provides quantitative analysis and estimations of the data center market from 2024 to 2030, which assists in identifying the prevailing market opportunities.
• The study comprises a deep dive analysis of the data center market including the current and future trends to depict prevalent investment pockets in the market.
• Information related to key drivers, restraints, and opportunities and their impact on the data center market is provided in the report.
• Competitive analysis of the players, along with their market share is provided in the report.
• SWOT analysis and Porters Five Forces model is elaborated in the study.
• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Table of Contents

269 Pages
1. Introduction
1.1. Report Description
1.2. Who Should Read This Report 
1.3. Key Market Segments
1.4. Research Methodology
1.4.1 Market Size Estimation Methodology
1.4.1.1. Top-down And Bottom-up Approach
1.4.1.2. Demand And Supply Side Analysis
1.4.1.3. Macro-indicator Approach
1.4.2 Data Collection Approach
1.4.2.1. Primary Data Collection
1.4.2.2. Secondary Data Collection
1.4.3 Secondary Data Sources
1.4.4 Forecasting
2. Market Definition & Scope
2.1. Definition
2.2. Scope
3. Impact Of Russia-ukraine Conflict On The Data Center Market
4. Data Center Market – Executive Summary
4.1. Market Snapshot, 2022 - 2030, Million Usd
5. Market Overview
5.1. Market Dynamics
5.1.1 Drivers
5.1.1.1. The Widespread Digitalization Of Businesses Across The World Drives The Industry
5.1.1.2. The Growing Emphasis Towards Data Sovereignty Fuels The Demand For Data Centers
5.1.1.3. Adoption Of Cloud Services By Companies Drives The Market
5.1.2 Restraint
5.1.2.1. High Initial Investment Is The Major Factor Hindering Market Growth
5.1.3 Opportunities
5.1.3.1. Introduction Of Edge Computing In Data Center Is Expected To Create Future Opportunities
6. market Share Analysis
6.1. Market Share Analysis Of Top Data Center Market, 2023
7. Global Data Center Market, By Type
7.1. Overview
7.2. Colocation
7.2.1 Colocation Market, By Region
7.3. Hyperscale
7.3.1 Hyperscale Market, By Region
7.4. Edge
7.4.1 Edge Market, By Region
7.5. Others
7.5.1 Others Market, By Region
8. Global Data Center Market, By Deployment Model
8.1. Overview
8.2. On-premises
8.2.1 On-premises Market, By Region
8.3. Cloud
8.3.1 Cloud Market, By Region
8.4. Hybrid
8.4.1 Hybrid Market, By Region
9. Global Data Center Market, By Enterprise Size
9.1. Overview
9.2. Large Enterprise
9.2.1 Large Enterprise Market, By Region
9.3. Small And Medium Size Enterprise
9.3.1 Small And Medium Size Enterprise Market, By Region
10. Global Data Center Market, By End User
10.1. Overview
10.2. Bfsi
10.2.1 Bfsi Market, By Region
10.3. It And Telecom
10.3.1 It And Telecom Market, By Region
10.4. Government
10.4.1 Government Market, By Region
10.5. Energy And Utilities
10.5.1 Energy And Utilities Market, By Region
10.6. Other End Users
10.6.1 Other End Users Market, By Region
11. Global Data Center Market, By Region
11.1. Overview
11.2. North America
11.2.1 North America Data Center Market, By Type
11.2.2 North America Data Center Market, By Deployment Model
11.2.3 North America Data Center Market, By Enterprise Size
11.2.4 North America Data Center Market, By End User
11.2.5 North America Data Center Market, By Country
11.2.5.1. U.S.
11.2.5.1.1. U.S. Data Center Market, By Type
11.2.5.1.2. U.S. Data Center Market, By Deployment Model
11.2.5.1.3. U.S. Data Center Market, By Enterprise Size
11.2.5.1.4. U.S. Data Center Market, By End User
11.2.5.2. Canada
11.2.5.2.1. Canada Data Center Market, By Type
11.2.5.2.2. Canada Data Center Market, By Deployment Model
11.2.5.2.3. Canada Data Center Market, By Enterprise Size
11.2.5.2.4. Canada Data Center Market, By End User
11.2.5.3. Mexico
11.2.5.3.1. Mexico Data Center Market, By Type
11.2.5.3.2. Mexico Data Center Market, By Deployment Model
11.2.5.3.3. Mexico Data Center Market, By Enterprise Size
11.2.5.3.4. Mexico Data Center Market, By End User
11.3. Europe
11.3.1 Europe Data Center Market, By Type
11.3.2 Europe Data Center Market, By Deployment Model
11.3.3 Europe Data Center Market, By Enterprise Size
11.3.4 Europe Data Center Market, By End User
11.3.5 Europe Data Center Market, By Country
11.3.5.1. Uk
11.3.5.1.1. Uk Data Center Market, By Type
11.3.5.1.2. Uk Data Center Market, By Deployment Model
11.3.5.1.3. Uk Data Center Market, By Enterprise Size
11.3.5.1.4. Uk Data Center Market, By End User
11.3.5.2. Germany
11.3.5.2.1. Germany Data Center Market, By Type
11.3.5.2.2. Germany Data Center Market, By Deployment Model
11.3.5.2.3. Germany Data Center Market, By Enterprise Size
11.3.5.2.4. Germany Data Center Market, By End User
11.3.5.3. France
11.3.5.3.1. France Data Center Market, By Type
11.3.5.3.2. France Data Center Market, By Deployment Model
11.3.5.3.3. France Data Center Market, By Enterprise Size
11.3.5.3.4. France Data Center Market, By End User
11.3.5.4. Italy
11.3.5.4.1. Italy Data Center Market, By Type
11.3.5.4.2. Italy Data Center Market, By Deployment Model
11.3.5.4.3. Italy Data Center Market, By Enterprise Size
11.3.5.4.4. Italy Data Center Market, By End User
11.3.5.5. Spain
11.3.5.5.1. Spain Data Center Market, By Type
11.3.5.5.2. Spain Data Center Market, By Deployment Model
11.3.5.5.3. Spain Data Center Market, By Enterprise Size
11.3.5.5.4. Spain Data Center Market, By End User
11.3.5.6. Denmark
11.3.5.6.1. Denmark Data Center Market, By Type
11.3.5.6.2. Denmark Data Center Market, By Deployment Model
11.3.5.6.3. Denmark Data Center Market, By Enterprise Size
11.3.5.6.4. Denmark Data Center Market, By End User
11.3.5.7. Netherlands
11.3.5.7.1. Netherlands Data Center Market, By Type
11.3.5.7.2. Netherlands Data Center Market, By Deployment Model
11.3.5.7.3. Netherlands Data Center Market, By Enterprise Size
11.3.5.7.4. Netherlands Data Center Market, By End User
11.3.5.8. Finland
11.3.5.8.1. Finland Data Center Market, By Type
11.3.5.8.2. Finland Data Center Market, By Deployment Model
11.3.5.8.3. Finland Data Center Market, By Enterprise Size
11.3.5.8.4. Finland Data Center Market, By End User
11.3.5.9. Sweden
11.3.5.9.1. Sweden Data Center Market, By Type
11.3.5.9.2. Sweden Data Center Market, By Deployment Model
11.3.5.9.3. Sweden Data Center Market, By Enterprise Size
11.3.5.9.4. Sweden Data Center Market, By End User
11.3.5.10. Norway
11.3.5.10.1. Norway Data Center Market, By Type
11.3.5.10.2. Norway Data Center Market, By Deployment Model
11.3.5.10.3. Norway Data Center Market, By Enterprise Size
11.3.5.10.4. Norway Data Center Market, By End User
11.3.5.11. Russia
11.3.5.11.1. Russia Data Center Market, By Type
11.3.5.11.2. Russia Data Center Market, By Deployment Model
11.3.5.11.3. Russia Data Center Market, By Enterprise Size
11.3.5.11.4. Russia Data Center Market, By End User
11.3.5.12. Rest Of Europe
11.3.5.12.1. Rest Of Europe Data Center Market, By Type
11.3.5.12.2. Rest Of Europe Data Center Market, By Deployment Model
11.3.5.12.3. Rest Of Europe Data Center Market, By Enterprise Size
11.3.5.12.4. Rest Of Europe Data Center Market, By End User
11.4. Asia-pacific
11.4.1 Asia-pacific Data Center Market, By Type
11.4.2 Asia-pacific Data Center Market, By Deployment Model
11.4.3 Asia-pacific Data Center Market, By Enterprise Size
11.4.4 Asia-pacific Data Center Market, By End User
11.4.5 Asia-pacific Data Center Market, By Country
11.4.5.1. China
11.4.5.1.1. China Data Center Market, By Type
11.4.5.1.2. China Data Center Market, By Deployment Model
11.4.5.1.3. China Data Center Market, By Enterprise Size
11.4.5.1.4. China Data Center Market, By End User
11.4.5.2. Japan
11.4.5.2.1. Japan Data Center Market, By Type
11.4.5.2.2. Japan Data Center Market, By Deployment Model
11.4.5.2.3. Japan Data Center Market, By Enterprise Size
11.4.5.2.4. Japan Data Center Market, By End User
11.4.5.3. India
11.4.5.3.1. India Data Center Market, By Type
11.4.5.3.2. India Data Center Market, By Deployment Model
11.4.5.3.3. India Data Center Market, By Enterprise Size
11.4.5.3.4. India Data Center Market, By End User
11.4.5.4. South Korea
11.4.5.4.1. South Korea Data Center Market, By Type
11.4.5.4.2. South Korea Data Center Market, By Deployment Model
11.4.5.4.3. South Korea Data Center Market, By Enterprise Size
11.4.5.4.4. South Korea Data Center Market, By End User
11.4.5.5. Australia
11.4.5.5.1. Australia Data Center Market, By Type
11.4.5.5.2. Australia Data Center Market, By Deployment Model
11.4.5.5.3. Australia Data Center Market, By Enterprise Size
11.4.5.5.4. Australia Data Center Market, By End User
11.4.5.6. Indonesia
11.4.5.6.1. Indonesia Data Center Market, By Type
11.4.5.6.2. Indonesia Data Center Market, By Deployment Model
11.4.5.6.3. Indonesia Data Center Market, By Enterprise Size
11.4.5.6.4. Indonesia Data Center Market, By End User
11.4.5.7. Singapore
11.4.5.7.1. Singapore Data Center Market, By Type
11.4.5.7.2. Singapore Data Center Market, By Deployment Model
11.4.5.7.3. Singapore Data Center Market, By Enterprise Size
11.4.5.7.4. Singapore Data Center Market, By End User
11.4.5.8. Taiwan
11.4.5.8.1. Taiwan Data Center Market, By Type
11.4.5.8.2. Taiwan Data Center Market, By Deployment Model
11.4.5.8.3. Taiwan Data Center Market, By Enterprise Size
11.4.5.8.4. Taiwan Data Center Market, By End User
11.4.5.9. Thailand
11.4.5.9.1. Thailand Data Center Market, By Type
11.4.5.9.2. Thailand Data Center Market, By Deployment Model
11.4.5.9.3. Thailand Data Center Market, By Enterprise Size
11.4.5.9.4. Thailand Data Center Market, By End User
11.4.5.10. Rest Of Asia-pacific
11.4.5.10.1. Rest Of Asia-pacific Data Center Market, By Type
11.4.5.10.2. Rest Of Asia-pacific Data Center Market, By Deployment Model
11.4.5.10.3. Rest Of Asia-pacific Data Center Market, By Enterprise Size
11.4.5.10.4. Rest Of Asia-pacific Data Center Market, By End User
11.5. Rest Of World
11.5.1 Rest Of World Data Center Market, By Type
11.5.2 Rest Of World Data Center Market, By Deployment Model
11.5.3 Rest Of World Data Center Market, By Enterprise Size
11.5.4 Rest Of World Data Center Market, By End User
11.5.5 Rest Of World Data Center Market, By Country
11.5.5.1. Latin America
11.5.5.1.1. Latin America Data Center Market, By Type
11.5.5.1.2. Latin America Data Center Market, By Deployment Model
11.5.5.1.3. Latin America Data Center Market, By Enterprise Size
11.5.5.1.4. Latin America Data Center Market, By End User
11.5.5.2. Middle East
11.5.5.2.1. Middle East Data Center Market, By Type
11.5.5.2.2. Middle East Data Center Market, By Deployment Model
11.5.5.2.3. Middle East Data Center Market, By Enterprise Size
11.5.5.2.4. Middle East Data Center Market, By End User
11.5.5.3. Africa
11.5.5.3.1. Africa Data Center Market, By Type
11.5.5.3.2. Africa Data Center Market, By Deployment Model
11.5.5.3.3. Africa Data Center Market, By Enterprise Size
11.5.5.3.4. Africa Data Center Market, By End User
12. Company Profiles
12.1. Hewlett Packard Enterprise Development Lp
12.1.1 Company Overview
12.1.2 Company Snapshot
12.1.3 Operating Business Segments
12.1.4 Product Portfolio
12.1.5 Business Performance
12.1.6 Sales By Business Segment
12.1.7 Sales By Geographic Segment
12.1.8 Key Strategic Moves & Developments
12.1.9 Primary Market Competitors
12.2. Cisco Systems, Inc.
12.2.1 Company Overview
12.2.2 Company Snapshot
12.2.3 Operating Business Segments
12.2.4 Product Portfolio
12.2.5 Business Performance
12.2.6 Sales By Business Segment
12.2.7 Sales By Geographic Segment
12.2.8 Key Strategic Moves & Developments
12.2.9 Primary Market Competitors
12.3. Ntt Communications Corporation
12.3.1 Company Overview
12.3.2 Company Snapshot
12.3.3 Operating Business Segments
12.3.4 Product Portfolio
12.3.5 Business Performance
12.3.6 Sales By Business Segment
12.3.7 Key Strategic Moves & Developments
12.3.8 Primary Market Competitors
12.4. Sap Se
12.4.1 Company Overview
12.4.2 Company Snapshot
12.4.3 Operating Business Segments
12.4.4 Product Portfolio
12.4.5 Business Performance
12.4.6 Sales By Business Segment
12.4.7 Sales By Geographic Segment
12.4.8 Key Strategic Moves & Developments
12.4.9 Primary Market Competitors
12.5. Oracle Corporation
12.5.1 Company Overview
12.5.2 Company Snapshot
12.5.3 Operating Business Segments
12.5.4 Product Portfolio
12.5.5 Business Performance
12.5.6 Sales By Business Segment
12.5.7 Sales By Geographic Segment
12.5.8 Key Strategic Moves & Developments
12.5.9 Primary Market Competitors
12.6. International Business Machines Corporation (Ibm)
12.6.1 Company Overview
12.6.2 Company Snapshot
12.6.3 Operating Business Segments
12.6.4 Product Portfolio
12.6.5 Business Performance
12.6.6 Sales By Business Segment
12.6.7 Sales By Geographic Segment
12.6.8 Key Strategic Moves & Developments
12.6.9 Primary Market Competitors
12.7. Amazon.Com Inc.
12.7.1 Company Overview
12.7.2 Company Snapshot
12.7.3 Operating Business Segments
12.7.4 Product Portfolio
12.7.5 Business Performance
12.7.6 Sales By Business Segment
12.7.7 Sales By Geographic Segment
12.7.8 Key Strategic Moves & Developments
12.7.9 Primary Market Competitors
12.8. Microsoft Corporation 
12.8.1 Company Overview
12.8.2 Company Snapshot
12.8.3 Operating Business Segments
12.8.4 Product Portfolio
12.8.5 Business Performance
12.8.6 Sales By Business Segment
12.8.7 Sales By Geographic Segment
12.8.8 Key Strategic Moves & Developments
12.8.9 Primary Market Competitors
12.9. Equinix, Inc.
12.9.1 Company Overview
12.9.2 Company Snapshot
12.9.3 Product Portfolio
12.9.4 Business Performance
12.9.5 Sales By Geographic Segment
12.9.6 Key Strategic Moves & Developments
12.9.7 Primary Market Competitors
12.10. Digital Realty Trust, Inc. 
12.10.1 Company Overview
12.10.2 Company Snapshot
12.10.3 Operating Business Segments
12.10.4 Product Portfolio
12.10.5 Business Performance
12.10.6 Sales By Business Segment
12.10.7 Sales By Geographic Segment
12.10.8 Key Strategic Moves & Developments
12.10.9  primary Market Competitors

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us