Data Center Global Market Report 2024

Description

Data Center Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on data center market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for data center? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The data center market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Colocation; Hyperscale; Edge; Other Types
2) By Component: Solution; Services
3) By Enterprise Size: Large Enterprises; Small And Medium Enterprises (SMEs)
4) By End User: BFSI; IT And Telecom; Government; Energy And Utilities; Other End Users
Companies Mentioned: Caterpillar Inc.; Cummins Inc.; ABB Ltd.; Generac Power System Inc.; KOHLER Group
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Data centers represent physical facilities comprising networked computers, storage systems, servers, computational infrastructure, and application-delivery controllers. They are essential for businesses to conduct operations and store organizational data assets.

The primary types of data centers include colocation, hyperscale, edge, and other variations. Colocation involves a rental service catering to enterprise customers, allowing them to lease space for storing servers and other hardware crucial for daily business operations. The key components encompass solutions and services. Enterprise sizes utilizing data centers range from large enterprises to small and medium enterprises (SMEs). End users span various sectors such as BFSI, IT & telecom, government, energy & utilities, and other industries.

The data center market research report is one of a series of new reports from The Business Research Company that provides data center market statistics, including data center industry global market size, regional shares, competitors with a data center market share, detailed data center market segments, market trends, and opportunities, and any further data you may need to thrive in the data center industry. This data center market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The data center generator market size has grown strongly in recent years. It will grow from $6.18 billion in 2023 to $6.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth observed in the historical period can be ascribed to the escalation in data consumption, the expansion of data centers, heightened reliability requirements, the pervasive influence of digital transformation, growing concerns about power outage risks, and a notable increase in energy efficiency measures.

The data center generator market size is expected to see strong growth in the next few years. It will grow to $8.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The anticipated growth in the forecast period can be linked to the upsurge in data consumption, a heightened emphasis on business continuity, the integration of renewable energy sources, a notable shift towards edge computing, and the adherence to energy efficiency standards. Prominent trends in the forecast period encompass a renewed focus on reliability and durability, the widespread adoption of fuel efficiency technologies, the rapid deployment of solutions, the implementation of predictive maintenance practices, and the emergence of remote and unmanned data centers.

The anticipated increase in data volumes is set to drive the growth of the data centers market. Data, which refers to information processed for ease of use, is being generated and stored in large quantities by organizations of all types. This surge in data volume is a key driver for the data centers market, as these facilities play a crucial role in managing and storing the ever-growing data. For example, a December 2022 report from Firebolt Analytics Inc. revealed a significant rise in data volumes, with an expected increase from 107 terabytes (TB) in 2021 to 213 TB in 2023, indicating the ongoing expansion in the scale of data management within organizations. The growth in data volumes is a fundamental factor propelling the data center market.

The increasing prevalence of IoT-linked devices is expected to contribute to the growth of the data center market. IoT-linked devices, which are nonstandard computing devices connecting wirelessly to networks, generate substantial amounts of data. This growth in IoT devices necessitates sophisticated data center solutions capable of addressing the unique challenges posed by massive data, real-time processing needs, and requirements for scalability and security in the evolving IoT landscape. According to a November 2022 report from Ericsson, broadband IoT (4G/5G) connections, linking the majority of cellular IoT devices, reached 1.3 billion in 2022. The proliferation of IoT-linked devices, with an anticipated 60% of cellular IoT connections being broadband IoT by the end of 2028, is driving the demand for advanced data center solutions. The increasing number of IoT-linked devices is a significant factor fueling the growth of the data center market.

Technological advancements are emerging as key trends shaping the data center market, with major players introducing innovative products. Notably, Verakaria, a US-based cryptocurrency hosting and mining service provider, launched the Mobile Datacenter. This data center boasts superior power capability and a minimalist design, supporting up to 2.57 MW of power in a compact footprint. Designed to withstand varying weather conditions, the Mobile Datacenter is easily transportable and installable on-site, showcasing the industry's commitment to technological progress and adaptability.

Major companies in the data center market are focusing on product innovation, including the development of modular data centers, to cater to a broader customer base, drive increased sales, and boost revenue. Modular data centers employ a prefabricated approach to build and deploy data center infrastructure. For instance, in September 2022, Schneider Electric SE, a France-based provider of energy management and digital automation, launched Easy Modular all-in-one data centers. These data centers are recommended for scenarios where existing facilities reach full capacity or when rapid deployment is necessary, as in the case of relocations. Offering a standardized and pre-tested solution, Easy Modular's all-in-one data centers integrate power, cooling, and IT equipment within a single, pre-configured solution. This innovation caters to businesses and IT organizations pursuing an Edge strategy, aligning with the trend of seamlessly integrating critical components for efficient data center operations.

In February 2022, AtlasEdge, a prominent UK-based data center provider, successfully acquired a data center located in Leeds from Hardy Fisher Services. This strategic move was driven by AtlasEdge's objective to broaden its geographical coverage within the UK and solidify its standing in the market. The acquired data center was previously owned by Hardy Fisher Services, a reputable UK-based company specializing in cloud technology and data center services. This acquisition reflects AtlasEdge's commitment to strategic expansion and enhancing its capabilities in the competitive data center landscape.

Major companies operating in the data center market report are Caterpillar Inc., Cummins Inc., ABB Ltd., Generac Power System Inc., KOHLER Group, Mitsubishi Motors Corporation, Hitech Power Protection, Rolls Royce Power Systems AG, Aggreko Company, Bruno s.r.l., Eaton Corporation, F.G. Wilson, Atlas Copco, Himoinsa SL, Langley Holdings PLC, MTU Friedrichshafen GmbH, Wartsila Corporation, Schneider Electric SE, Siemens AG, Emerson Electric Co., Socomec Group, Riello UPS, Vertiv Co., Delta Electronics Inc., Toshiba Corporation, Fuji Electric Co.Ltd., Kirloskar Electric Company, Yanmar Co. Ltd., Trina Solar Ltd., and Yingli Green Energy Holding Company Limited.

North America was the largest region in the data center market in 2023. The regions covered in the data center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the data center market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The data center market consists of sales of IT infrastructure, electrical infrastructure, mechanical infrastructure, general construction, and other services that are used to store, process, and disseminate data and applications. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12607

1. Executive Summary

2. Data Center Market Characteristics

3. Data Center Market Trends And Strategies

4. Data Center Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Data Center Market Size and Growth

5.1. Global Data Center Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Data Center Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Data Center Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Data Center Market Segmentation

6.1. Global Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Colocation
Hyperscale
Edge
Other Types
6.2. Global Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Solution
Services
6.3. Global Data Center Market, Segmentation By Enterprise Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Large Enterprises
Small And Medium Enterprises (SMEs)
6.4. Global Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
BFSI
IT And Telecom
Government
Energy And Utilities
Other End Users

7. Data Center Market Regional And Country Analysis

7.1. Global Data Center Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Data Center Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Data Center Market

8.1. Asia-Pacific Data Center Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Data Center Market

9.1. China Data Center Market Overview
9.2. China Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Data Center Market

10.1. India Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Data Center Market

11.1. Japan Data Center Market Overview
11.2. Japan Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Data Center Market

12.1. Australia Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Data Center Market

13.1. Indonesia Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Data Center Market

14.1. South Korea Data Center Market Overview
14.2. South Korea Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Data Center Market

15.1. Western Europe Data Center Market Overview
15.2. Western Europe Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Data Center Market

16.1. UK Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Data Center Market

17.1. Germany Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Data Center Market

18.1. France Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Data Center Market

19.1. Italy Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Data Center Market

20.1. Spain Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Data Center Market

21.1. Eastern Europe Data Center Market Overview
21.2. Eastern Europe Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Data Center Market

22.1. Russia Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Data Center Market

23.1. North America Data Center Market Overview
23.2. North America Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Data Center Market

24.1. USA Data Center Market Overview
24.2. USA Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Data Center Market

25.1. Canada Data Center Market Overview
25.2. Canada Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Data Center Market

26.1. South America Data Center Market Overview
26.2. South America Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Data Center Market

27.1. Brazil Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Data Center Market

28.1. Middle East Data Center Market Overview
28.2. Middle East Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Data Center Market

29.1. Africa Data Center Market Overview
29.2. Africa Data Center Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Data Center Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Data Center Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Data Center Market Competitive Landscape And Company Profiles

30.1. Data Center Market Competitive Landscape
30.2. Data Center Market Company Profiles
- 30.2.1. Alphabet Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Amazon.com Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Equinix Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Microsoft Corp.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. NTT DATA Corp
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Data Center Market Competitive Benchmarking

32. Global Data Center Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Data Center Market

34. Data Center Market Future Outlook and Potential Analysis

34.1 Data Center Market In 2028 - Countries Offering Most New Opportunities
34.2 Data Center Market In 2028 - Segments Offering Most New Opportunities
34.3 Data Center Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer