Data Center Market- Global Industry Size, Share, Growth, Opportunity and Forecast, 2018-2028, Segmented By Component (Solution, Service), By Type (Colocation, Hyperscale, Edge, Others), By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By End-User (BFSI, IT & Telecom, Government, Energy & Utilities, Others), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA)

  • Published Date: April 2022
  • Report ID: BWC22110
  • Available Format: PDF
  • Page: 199

Report Overview

Global data center market is flourishing owing to factors such as the rapid shift towards cloud computing and the adoption of advanced technologies such as AI, IoT, big data, etc., along with rising investment by public and private players towards the development of data centers infrastructure.

Global Data Center Market- Industry Trends & Forecast Report 2028

Global Data Center Market was worth USD 206.2 billion in the year 2021 and is anticipated to reach USD 404.9 billion by the year 2028, exhibiting at a CAGR of 10.20% during 2022-2028. The growth of the Data Center Market is predominantly attributed to rising data storage requirements coupled with increasing government investments and rising adoption of next-gen technologies like cloud computing, IoT, AI, and Big Data

Data Center Market

Data Center – Overview

A data center is a building used to store data, applications, and components like firewalls, computer systems, switches, networking, servers, etc. Data Center is in high demand for an organization due to their high security, business continuity, large storage capability, speed and reliability, data protection, continuous monitoring, and on-demand self-service. Companies are highly dependent on their data centers for daily operations. Data centers play a vital role in storing data.

Data Center Market Forecast and Trends

Growth Drivers

Rising Adoption of Cloud Computing

The emerging cloud technology is the main factor driving the growth of the Data Center Market. Cloud technology is more flexible, can easily restore lost data, and can be accessed with different devices. Moreover, cloud computing provides high speed, which is helpful for the growth of other businesses. The rising cloud services like Google, AWS, Microsoft Corporation, IBM, etc., are also reinforcing the growth of the market. The Data Center market is very helpful to customers who want personalized data.

Increasing Private-Public Investment in Data Center Development

The rising investment of government and private investment towards the development of data centers to support the increasing volume of data is anticipated to present lucrative growth opportunities to the market. For instance, Neom Tech and Digital Company, has recently announced the details of ZeroPoint DC, a data center being built upon USD 500 million in Saudi Arabia, which will offer colocation and managed services. The company will use ZeroPoint to deliver Oracle Cloud Infrastructure (OCI) services to customers across EMEA, according to Data Center Knowledge.  

Restraints

High Risks of Hacking on Data Centers

The data center has a high risk of hacking and cybersecurity attacks as it stores a huge volume of data. Data centers work with many technologies and Software and thus, malicious hackers easily find loopholes. Hackers can also steal the important and sensitive details of the data centers. All these factors restrain the growth of the Data Center Market.

Impact of COVID-19 on Data Center Market

The sudden outbreak of COVID-19 has a high impact on the growth of the Data Center Market. The lockdown negatively affected a surge in internet traffic, a lack of a professional workforce, and a halt in the construction and investments of data centers. However, increasing internet usage in lockdown, working from home, the tremendous rising popularity of Netflix, Amazon Prime, and online meetings have given a sense of achievement to Data Center Market.

Data Center Market - By Component

Based on components, the data center market is segmented into solutions and services. The solution segment is further classified into power, servers, management software, networking technologies, cooling, and other solutions. While the service segment is classified into system integration, monitoring services, and professional services. The power segment holds a significant share in the market due to the high-power consumption needs of data centers and its high carbon footprint. This fuels the demand for improved power distribution and energy-efficient solutions for data centers, which is driving the market growth.

Data Center Market - By Type

Based on type, the data center market is segmented into colocation, Hyperscale, edge, and others. The colocation data segment accounts for the largest market share as they prove to be economical for the business to share and rent the resources. Currently, there are 4875 colocation data centers from 130 countries, according to the Data Center Map. Compared to this, there are only 700 Hyperscale data centers worldwide. The colocation data centers are gaining huge popularity among SMEs, which is emerging as a major factor for its market growth.

Data Center Market - Regional Insights

Geographically, the data center market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. North America dominates the data center market owing to the presence of several technology giants and other large enterprises. There are around 2,751 data centers in the United States alone, which is the highest for a country. The increasing government and private investment in the construction of data centers in the United States and Canada are also propelling the growth of the market.

Competitive Landscape

The leading market players in the data center market are Equinix, Digital Realty, NTT Communications, China Telecom, Telehouse/KDDI, Coresite, Verizon, Cyxtera Technologies, China Unicom, Amazon Web Services, 365 Data Centers, CoreSite Realty Corporation, CyrusOne, Inc., Lumen Technologies, Inc., DuPont Fabros Technology, Inc., SUPERNAP, QTS Realty Trust, Inc., Microsoft Corporation, and other prominent players.

The market is highly concentrated and dominated by global players such as AWS, NTT Communications, Microsoft, etc. However, the regional players are also emerging and targeting SMEs with their economic offerings to expand their market. The companies offer a wide range of services such as colocation, hardware installation and maintenance, data backup and archiving, etc., to grab a larger share in the market. Furthermore, the adoption of competitive strategies such as partnerships, mergers, acquisitions, joint ventures, etc., is also prominent in this market.

Recent Development

  • In February 2022, AtlasEdge, a European edge data center company, announced the acquisition of Cornelius House, the largest purpose-built data center in Yorkshire City, England.
  • In February 2022, AIS, a Thai mobile phone operator company, announced its partnership with Singapore Telecommunications Limited and Gulf Energy to develop data centers in the country.

Scope of the Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Billion
Market Coverage U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia
Product Service/Segmentation By Component, By Type, By Enterprise Size, By End-User, By Region
Key Players Equinix, Digital Realty, NTT Communications, China Telecom, Telehouse/KDDI, Coresite, Verizon, Cyxtera Technologies, China Unicom, Amazon Web Services, 365 Data Centers, CoreSite Realty Corporation, CyrusOne, Inc., Lumen Technologies, Inc., DuPont Fabros Technology, Inc., SUPERNAP, QTS Realty Trust, Inc., Microsoft Corporation, and other prominent players.

 

By Component

  • Solution
  • Service

By Type

  • Colocation
  • Hyperscale
  • Edge
  • Others

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises

By End-User

  • BFSI
  • IT & Telecom
  • Government
  • Energy & Utilities
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • APAC
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Global Data Center Market Insights
    1. Industry Value Chain Analysis
    2. DROC [MM1] Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Technological Landscape/Recent Development
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. The threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Global Data Center Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1.  By Type
        1. Corporate Data Centers
        2. Web Hosting Data Centers
      2. By Density
        1. Low
        2. Medium
        3. High
        4. Extreme
      3. By Vertical
        1. Banking and Financial Services
        2. IT and Telecom
        3. Government
        4. Healthcare
        5. Others
      4. By Region
        1. North America
        2. Europe
        3. Asia-Pacific
        4. Latin America
        5. Middle-East and Africa
  6. North America Data Center Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Density
      3. By Vertical
      4.  By Country
        1. United States
        2. Canada
  7. Europe Data Center Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Density
      3. By Vertical
      4. By Country
        1. Germany
        2. United Kingdom
        3. Italy
        4. France
        5. Spain
        6. Rest of Europe
  8. Asia Pacific Data Center Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Density
      3. By Vertical
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of Asia Pacific
  9. Latin America Data Center Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Density
      3. By Vertical
      4. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
  10. The Middle East & Africa Data Center Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Density
      3. By Vertical
      4. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of the Middle East & Africa
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
  12. Impact of COVID-19 on Data Center Industry
  13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Digital Realty Trust Inc.
    2. Hewlett-Packard Inc
    3. IBM Corporation
    4. Cisco System Inc.
    5. Hitachi Ltd.
    6. CyrusOne
    7. Global Switch
    8. Lumen Technologies
    9. Telehouse
    10. EMC Corporation
    11. DuPont Fabrose Technology
    12. Google LLC
    13. Equinix, Inc.
    14. AT&T Inc.
    15. Apple Inc.
    16. Other Prominent Players
  14. Key Strategic Recommendations

 

List of Figures

 

 Figure 1        Global Data Center Market Segmentation

Figure 2        Global Data Center Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global Data Center Market Size, By Value (USD Million), 2018-2028

Figure 5        Global Data Center Market Share, By Type, By Value, 2018-2028

Figure 6        Global Data Center Market Share, By Density, By Value, 2018-2028

Figure 7        Global Data Center Market Share, By Vertical, By Value, 2018-2028

Figure 8        Global Data Center Market Share, By Region, By Value, 2018-2028

Figure 9        North America Data Center Market Size, By Value (USD Million), 2018-2028

Figure 10       North America Data Center Market Share, By Type, By Value, 2018-2028

Figure 11       North America Data Center Market Share, By Density, By Value, 2018-2028

Figure 12       North America Data Center Market Share, By Vertical, By Value, 2018-2028

Figure 13       North America Data Center Market Share, By Country, By Value, 2018-2028

Figure 14       Europe Data Center Market Size, By Value (USD Million), 2018-2028

Figure 15       Europe Data Center Market Share, By Type, By Value, 2018-2028

Figure 16       Europe Data Center Market Share, By Density, By Value, 2018-2028

Figure 17       Europe Data Center Market Share, By Vertical, By Value, 2018-2028

Figure 18       Europe Data Center Market Share, By Country, By Value, 2018-2028

Figure 19       The Asia-Pacific Data Center Market Size, By Value (USD Million), 2018-2028

Figure 20       The Asia-Pacific Data Center Market Share, By Type, By Value, 2018-2028

Figure 21       The Asia-Pacific Data Center Market Share, By Density, By Value, 2018-2028

Figure 22       The Asia-Pacific Data Center Market Share, By Vertical, By Value, 2018-2028

Figure 23       The Asia-Pacific Data Center Market Share, By Country, By Value, 2018-2028

Figure 24       Latin America Data Center Market Size, By Value (USD Million), 2018-2028

Figure 25       Latin America Data Center Market Share, By Type, By Value, 2018-2028

Figure 26       Latin America Data Center Market Share, By Density, By Value, 2018-2028

Figure 27       Latin America Data Center Market Share, By Vertical, By Value, 2018-2028

Figure 28       Latin America Data Center Market Share, By Country, By Value, 2018-2028

Figure 29       The Middle East & Africa Data Center Market Size, By Value (USD Million), 2018-2028

Figure 30       The Middle East & Africa Data Center Market Share, By Type, By Value, 2018-2028

Figure 31       The Middle East & Africa Data Center Market Share, By Density, By Value, 2018-2028

Figure 32       The Middle East & Africa Data Center Market Share, By Vertical, By Value, 2018-2028

Figure 33       The Middle East & Africa Data Center Market Share, By Country, By Value, 2018-2028

 

List of Tables

 

Table 1         Global Data Center Market Size, By Type, By Value, 2018-2028

Table 2         Global Data Center Market Size, By Density, By Value, 2018-2028

Table 3         Global Data Center Market Size, By Vertical, By Value, 2018-2028

Table 4         Global Data Center Market Size, By Region, By Value, 2018-2028

Table 5         North America Data Center Market Size, By Type, By Value, 2018-2028

Table 6         North America Data Center Market Size, By Density, By Value, 2018-2028

Table 7         North America Data Center Market Size, By Vertical, By Value, 2018-2028

Table 8         North America Data Center Market Size, By Country, By Value, 2018-2028

Table 9         Europe Data Center Market Size, By Type, By Value, 2018-2028

Table 10        Europe Data Center Market Size, By Density, By Value, 2018-2028

Table 11        Europe Data Center Market Size, By Vertical, By Value, 2018-2028

Table 12        Europe Data Center Market Size, By Country, By Value, 2018-2028

Table 13        The Asia-Pacific Data Center Market Size, By Type, By Value, 2018-2028

Table 14        The Asia-Pacific Data Center Market Size, By Density, By Value, 2018-2028

Table 15        The Asia-Pacific Data Center Market Size, By Vertical, By Value, 2018-2028

Table 16        The Asia-Pacific Data Center Market Size, By Country, By Value, 2018-2028

Table 17        Latin America Data Center Market Size, By Type, By Value, 2018-2028

Table 18        Latin America Data Center Market Size, By Density, By Value, 2018-2028

Table 19        Latin America Data Center Market Size, By Vertical, By Value, 2018-2028

Table 20        Latin America Data Center Market Size, By Country, By Value, 2018-2028

Table 21        The Middle East & Africa Data Center Market Size, By Type, By Value, 2018-2028

Table 22        The Middle East & Africa Data Center Market Size, By Density, By Value, 2018-2028

Table 23        The Middle East & Africa Data Center Market Size, By Vertical, By Value, 2018-2028

Table 24        The Middle East & Africa Data Center Market Size, By Country, By Value, 2018-2028

Table 25        Digital Realty Trust Inc. Company Overview

Table 26        Digital Realty Trust Inc. Financial Overview

Table 27        Hewlett-Packard Inc Company Overview

Table 28        Hewlett-Packard Inc Financial Overview

Table 29        Cisco System Inc. Company Overview

Table 30        Cisco System Inc. Financial Overview

Table 31        Hitachi Ltd. Company Overview

Table 32        Hitachi Ltd. Financial Overview

Table 33        Global Switch Company Overview

Table 34        Global Switch Financial Overview

Table 35        Telehouse Company Overview

Table 36        Telehouse Financial Overview

Table 37        EMC Corporation Company Overview

Table 38        EMC Corporation Financial Overview

Table 39        DuPont Fabros Technology Company Overview

Table 40        DuPont Fabros Technology Financial Overview

Table 41        Google LLC Company Overview

Table 42        Google LLC Financial Overview

Table 43        Equinix, Inc. Company Overview

Table 44        Equinix, Inc. Financial Overview

Table 45        AT&T Inc. Company Overview

Table 46        AT&T Inc. Financial Overview

Table 47        Apple Inc. Company Overview

Table 48        Apple Inc. Financial Overview

Table 49        Other Prominent Players Company Overview

Table 50        Other Prominent Players' Financial Overview

Table 51        DuPont Company Overview

Table 52        DuPont Financial Overview

Market Segmentation

By Component

  • Solution
  • Service

By Type

  • Colocation
  • Hyperscale
  • Edge
  • Others

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises

By End-User

  • BFSI
  • IT & Telecom
  • Government
  • Energy & Utilities
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • APAC
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)
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Frequently Asked Questions (FAQs):

Ans: The data center market reached USD 206.2 billion in 2021.
Ans: The major factors driving the growth of the data center market are; increasing private-public investment in data center development and rising adoption of cloud computing.
Ans: The key players in the data center market are: Equinix, Digital Realty, NTT Communications, China Telecom, Telehouse/KDDI, Coresite, Verizon, Cyxtera Technologies, China Unicom, Amazon Web Services, 365 Data Centers, CoreSite Realty Corporation, CyrusOne, Inc., Lumen Technologies, Inc., DuPont Fabros Technology, Inc., SUPERNAP, QTS Realty Trust, Inc., Microsoft Corporation, and other prominent players.
Ans: The BFSI segment accounted for the largest share in the data center market.
Ans: North America has the largest share in the data center market.