PUBLISHER: IMARC | PRODUCT CODE: 1520574
PUBLISHER: IMARC | PRODUCT CODE: 1520574
Data Center Market by Component, Type, Enterprise Size, End User, and Region 2024-2032
The global data center market size reached US$ 194.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 461.8 Billion by 2032, exhibiting a growth rate (CAGR) of 9.8% during 2024-2032. The increasing volume of digital data, growing demand for cloud computing network solutions, and the rising application of modern technologies, such as IoT, AI, ML, and edge computing, represent some of the key factors driving the market.
A data center is a facility used to provide a secure and reliable environment for storage, processing, and managing large amounts of data and digital information. It is a centralized location for organizations to store and manage their IT infrastructure, such as servers, storage systems, networking equipment, and other hardware and software components. A data center is a large, complex infrastructure with redundant power and cooling systems to ensure the equipment remains operational even during power outages or other disruptions. In addition to this, it has sophisticated security measures in place to protect against physical and cyber threats. A data center is critical to the functioning of various modern businesses and organizations, particularly those that rely on digital data and applications. As a result, it is employed by a wide range of industries, including finance, healthcare, e-commerce, and media.
Data Center Market Trends:
Rapid digitalization, the exponentially growing volume of digital data generated by businesses and consumers, and the rising importance of e-commerce databases are prime factors driving the market growth. Besides this, the increasing adoption of cloud computing services and big data analytics that require significant data center infrastructure to support their operations is positively impacting the market growth. Moreover, the expanding application of the Internet of Things (IoT), which involves connecting a wide range of devices and sensors to the Internet, and the escalating need for edge computing is propelling the need for more distributed data center infrastructure. In line with this, the increasing adoption of artificial intelligence (AI) and machine learning (ML) across various industrial verticals and the large-scale demand for low latency and high-performance computing are presenting remunerative growth opportunities for the market. In addition to this, ongoing advancements, such as the advent of hyper-converged infrastructure and software-defined data centers and the employment of innovative technologies that allow efficient and flexible management of data center resources, are aiding in market expansion. Concurrent with this, the rising adoption of colocation services, where businesses rent space in data centers to house their own servers and equipment, is acting as another significant growth-inducing factor. Furthermore, the bolstering growth of video streaming services, the proliferation of smart consumer devices such as phones, tablets, and laptops, and the expansion of fifth-generation (5G) networks are creating a favorable outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global data center market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on component, type, enterprise size, and end user.
Component Insights:
Solution
Services
The report has provided a detailed breakup and analysis of the data center market based on the component. This includes solution and services. According to the report, solution represented the largest segment.
Type Insights:
Colocation
Hyperscale
Edge
Others
A detailed breakup and analysis of the data center market based on the type has also been provided in the report. This includes colocation, hyperscale, edge, and others. According to the report, hyperscale accounted for the largest market share.
Enterprise Size Insights:
Large Enterprises
Small and Medium Enterprises
The report has provided a detailed breakup and analysis of the data center market based on the enterprise size. This includes large, and small and medium enterprises.
End User Insights:
BFSI
IT and Telecom
Government
Energy and Utilities
Others
A detailed breakup and analysis of the data center market based on the end-user has also been provided in the report. This includes BFSI, IT and telecom, government, energy and utilities, and others. According to the report, BFSI accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for data centers. Some of the factors driving the North America data center market included the growing volume of digital data, the expanding adoption of cloud computing, artificial intelligence, machine learning, and the internet of things, and the surging demand for video streaming services.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global data center market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Amazon Web Services Inc. (Amazon.com Inc.), Cisco Systems Inc., Dell Inc. (Dell Technologies Inc.), Digital Realty Trust Inc., DXC Technology Company, Equinix Inc., Google LLC (Alphabet Inc.), Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Microsoft Corporation, NTT Communications Corporation (Nippon Telegraph and Telephone Corporation), Oracle Corporation, etc. Kindly note that this only represents a partial list of companies and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global data center market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global data center market?
- What is the impact of each driver, restraint, and opportunity on the global data center market?
- What are the key regional markets?
- Which countries represent the most attractive data center market?
- What is the breakup of the market based on the component?
- Which is the most attractive component in the data center market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the data center market?
- What is the breakup of the market based on the enterprise size?
- Which is the most attractive enterprise size in the data center market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the data center market?
- What is the competitive structure of the global data center market?
- Who are the key players/companies in the global data center market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Data Center Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Solution
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Services
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Type
- 7.1 Colocation
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Hyperscale
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Edge
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Enterprise Size
- 8.1 Large Enterprises
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Small and Medium Enterprises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by End User
- 9.1 BFSI
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 IT and Telecom
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Government
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Energy and Utilities
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
- 11.1 Overview
- 11.2 Drivers
- 11.3 Restraints
- 11.4 Opportunities
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Amazon Web Services Inc. (Amazon.com Inc.)
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 SWOT Analysis
- 15.3.2 Cisco Systems Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Dell Inc. (Dell Technologies Inc.)
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Digital Realty Trust Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.5 DXC Technology Company
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Equinix Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Google LLC (Alphabet Inc.)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 SWOT Analysis
- 15.3.8 Hewlett Packard Enterprise Development LP
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 International Business Machines Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Microsoft Corporation
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 NTT Communications Corporation (Nippon Telegraph and Telephone Corporation)
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Oracle Corporation
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Amazon Web Services Inc. (Amazon.com Inc.)
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Data Center Market: Major Drivers and Challenges
- Figure 2: Global: Data Center Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Data Center Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Data Center Market: Breakup by Component (in %), 2023
- Figure 5: Global: Data Center Market: Breakup by Type (in %), 2023
- Figure 6: Global: Data Center Market: Breakup by Enterprise Size (in %), 2023
- Figure 7: Global: Data Center Market: Breakup by End User (in %), 2023
- Figure 8: Global: Data Center Market: Breakup by Region (in %), 2023
- Figure 9: Global: Data Center (Solution) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Data Center (Solution) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Data Center (Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Data Center (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Data Center (Colocation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Data Center (Colocation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Data Center (Hyperscale) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Data Center (Hyperscale) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Data Center (Edge) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Data Center (Edge) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Data Center (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Data Center (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Data Center (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Data Center (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Data Center (Small and Medium Enterprises (SMEs)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Data Center (Small and Medium Enterprises (SMEs)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Data Center (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Data Center (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Data Center (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Data Center (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Data Center (Government) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Data Center (Government) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Data Center (Energy and Utilities) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Data Center (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Data Center (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Data Center (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: North America: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: North America: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: United States: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: United States: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Canada: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Canada: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Asia-Pacific: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Asia-Pacific: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: China: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: China: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Japan: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Japan: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: India: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: India: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: South Korea: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: South Korea: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Australia: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Australia: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Indonesia: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Indonesia: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Others: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Others: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Europe: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Europe: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Germany: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Germany: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: France: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: France: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: United Kingdom: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: United Kingdom: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Italy: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Italy: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Spain: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Spain: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Russia: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Russia: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Others: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Others: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Latin America: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Latin America: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Brazil: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Brazil: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Mexico: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Mexico: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Others: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Others: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Middle East and Africa: Data Center Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Middle East and Africa: Data Center Market: Breakup by Country (in %), 2023
- Figure 83: Middle East and Africa: Data Center Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Global: Data Center Industry: Drivers, Restraints, and Opportunities
- Figure 85: Global: Data Center Industry: Value Chain Analysis
- Figure 86: Global: Data Center Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Data Center Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Data Center Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 3: Global: Data Center Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 4: Global: Data Center Market Forecast: Breakup by Enterprise Size (in Million US$), 2024-2032
- Table 5: Global: Data Center Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 6: Global: Data Center Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Data Center Market: Competitive Structure
- Table 8: Global: Data Center Market: Key Players
