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Data Center Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018–2028, Segmented By Component (Solution, Service); Type (Colocation, Hyperscale, Edge, Others); Organization Type (Large Enterprises, SMEs); End User (BFSI, IT & Telecom, Government, Energy & Utilities, Others); Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

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

Report Overview

Rapid shift toward cloud computing and growing adoption of advanced technologies, such as AI, IoT, and big data, and rising investments by public and private companies in the development of data center infrastructure are expected to aid the expansion of Global Data Center Market at a significant growth rate during the forecast period.

Global Data Center Market – Industry Trends and Market Forecast

BlueWeave Consulting, a leading strategic consulting and market research firm, estimated Global Data Center Market size at USD 206.2 billion 2021. And BlueWeave forecasts Global Data Center Market size to reach USD 404.9 billion by 2028, exhibiting robust growth at a significant CAGR of 10.20% during 2022–2028. The growth of Global Data Center Market is attributed to rising data storage requirements coupled with increasing government investments and rising adoption of next-generation technologies, such as cloud computing, IoT, AI, and Big Data.

Global Data Center Market – Overview

A data center is a building used to store data, applications, and components, such as firewalls, computer systems, switches, networking, and servers. Data centers are in high demand for an organization, as they offer high security, business continuity provision, 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.

Growth Drivers

Rising Adoption of Cloud Computing

Emerging cloud technology is the main factor driving the Global Data Center Market expansion. The cloud technology is more flexible, can easily restore lost data, and can be accessed with multiple devices. Moreover, it provides high speed, which is helpful for the growth of other businesses. World leading cloud services, such as Google Cloud, AWS, Microsoft Azure, Oracle, and IBM, are also boosting the growth of Global Data Center Market.

Increasing Private and Public Investments in Building Data Centers

Investments by government and private enterprises for the development of data centers to support the storage of humongous volume of data present lucrative growth opportunities to Global Data Center 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 Europe, Middle East, and Africa (EMEA), according to Data Center Knowledge.

Restraints

High Risks of Hacking

A data center is prone to a substantial risk of hacking and cyberattacks, as it has extremely large volumes of data. Data centers work with various technologies and software. This, in turn, may be prone to loopholes for malicious hackers exploiting. Hackers can also steal the important and sensitive details of the data centers. All these factors could restrain the growth of Global Data Center Market.

Impact of COVID-19 on Global Data Center Market

The sudden outbreak of COVID-19 had a high impact on the growth of Global 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 during lockdowns, a growing trend of working from home (WFH), the rapidly rising popularity of Over-the-Top (OTT) media platforms, such as Netflix, Amazon Prime, and Hotstar, and online meetings have driven and are expected to drive the expansion of Global Data Center Market.

Global Data Center Market – By Component

Based on components, Global Data Center Market is segmented into solution and service. The solution segment is further classified into power, servers, management software, networking technologies, cooling, and other solutions while the service segment is categorized 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 power segment growth.

Global Data Center Market – By Type

Based on type, Global Data Center Market is segmented into colocation, hyperscale, edge, and others. The colocation data segment accounts for the highest market share as they prove to be economical for businesses to share and rent the resources. According to the Data Center Map, there are about 4,875 colocation data centers from 130 countries. In contrast, 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 growth.

Global Data Center Market – Regional Insights

Geographically, Global Data Center Market has five major regions: North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa (MEA). North America dominates Global Data Center Market, owing to the presence of a large of technology giants and other large enterprises. There are about 2,751 data centers in the US alone, which is the highest among countries. The increasing government and private investments in the construction of data centers in the US and Canada are also propelling the growth of North America Data Center Market.

Competitive Landscape

Leading market players in Global Data Center Market are Equinix, Digital Realty, NTT Communications, China Telecom, Telehouse/KDDI, Coresite, Verizon, Cyxtera Technologies, China Unicom, Amazon Web Services (AWS), 365 Data Centers, CoreSite Realty Corporation, CyrusOne, Inc., Lumen Technologies, Inc., DuPont Fabros Technology, Inc., SUPERNAP, QTS Realty Trust, Inc., and Microsoft Corporation.

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

Recent Developments

In February 2022, AtlasEdge, a Europe-based edge data center company, acquired Cornelius House, the largest purpose-built data center in Yorkshire City, England.
In February 2022, AIS, a Thailand-based mobile phone operator company, formed a 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
	Estimated Year – 2022
	Forecast Period – 2022–2028
Facts covered	Revenues in USD Billion
Market Coverage	US, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia
Product Service/Segmentation	Component, Type, Enterprise Size, End User, Region
Key players	Equinix, Digital Realty, NTT Communications, China Telecom, Telehouse/KDDI, Coresite, Verizon, Cyxtera Technologies, China Unicom, Amazon Web Services (AWS), 365 Data Centers, CoreSite Realty Corporation, CyrusOne, Inc., Lumen Technologies, Inc., DuPont Fabros Technology, Inc., SUPERNAP, QTS Realty Trust, Inc., and Microsoft Corporation

By Component

Solution
Service

By Type

Colocation
Hyperscale
Edge
Others

By Enterprise Size

Large Enterprises
SMEs

By End User

BFSI
IT & Telecom
Government
Energy & Utilities
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
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
Executive Summary
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
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
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
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
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
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
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
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.)
Impact of COVID-19 on Data Center Industry
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
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
SMEs

By End User

BFSI
IT & Telecom
Government
Energy & Utilities
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

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Frequently Asked Questions (FAQs):

1. Which region is the most dominant in the Global Data Center Market?

Ans: North America holds the highest market share in the Global Data Center Market.

2. Which end-user segment accounted for the highest share in the Global Data Center Market?

Ans: The BFSI segment accounted for the largest share in the Global Data Center Market.

3. What is the current size of the Global Data Center Market?

Ans: Global Data Center Market size reached USD 206.2 billion in 2021.

4. What are the major factors driving the growth of the Global Data Center Market?

Ans: Major growth factors for Global Data Center Market include increasing private and public investments in the development of data centers and the rising adoption of cloud computing technology.

5. Name the key players in the Global Data Center Market.

Ans: Key players in the Global Data Center Market include 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., and Microsoft Corporation.

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