Report Overview

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

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

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