Data Center Market, By Component (Solution and Services), By Type (Colocation, Hyperscale, Edge and Others), By Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), and By End User (BFSI, IT & Telecom, Government, Energy & Utilities and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI511223 | Publish Date: March 2024 | No. of Pages: 180

Data Center Market Overview

Data Center Market accounted for US$ 101.8 Billion in 2022 and is estimated to be US$ 218.6 Billion by 2032 and is anticipated to register a CAGR of 7.5%.

A data center is a physical room, building, or facility that maintains the IT infrastructure to create, operate, and distribute applications and services, and store and manage data related to those applications and services. Data center physical facilities in an enterprise designed to share IT operations and equipment to store, process, and disseminate data and applications.

Moreover, an increase in access to internet of things and hybrid and multi cloud architecture solutions is expected to offer attractive opportunities for the growth of data center market over the estimated period.

Data Center Market Dynamics

With advances in multi-cloud computing, changes in virtual network-based data centers in traditional on-premises physical servers

A data center in an enterprise based on a network of computer applications and storage solutions for the purpose of sharing information and data. With the advancement of multi-cloud computing, the change in virtual network-based data centers in traditional on-premises physical servers is driving the growth of data centers globally. Also, the cost of space and equipment is divided with offset costs of other companies. Thus, various small and medium-sized companies are entering this market, which in turn will stimulate the growth of the data center market.

Investments made by government and private enterprises

Investments by government and private enterprises in the development of data centres to support large-scale storage of data centres provide profitable growth opportunities for the data centre market. For example, Neom Tech and Digital Company has recently released the details of ZeroPoint DC, a data centre at 500 million in Saudi Arabia, which will provide colocation and managed services. According to Data Center Knowledge, the company will use ZeroPoint to offer oracle cloud infrastructure services to customers in Europe, the Middle East and Africa.

Restrains:

Rise in demand for cloud computing network solutions

The increase in demand for cloud computing network solutions is acting as a key factor hindering the growth of the market. Moreover, the data centre market was mainly hit by several disruptions, including lack of availability of commercial manpower due to practical and complete lockdown.

                                                                                The increase in concerns related to data privacy

Moreover, the key factors affecting the growth of the data center industry are increased access to high-end cloud computing in industries and increased data center complexity due to scalability. Moreover, the increase in concerns related to data privacy and the increasing demand for managed services is acting as a major barrier to early adoption, hampering market growth.

Data Center Market Segmentation

Detail Segmentation - Data Center Market

Data Center Market is segmented based on Component, type, enterprise size, end user and region.

Data Center Market, By Component

the basis of component, the Data Center Market is segmented into Solution and Services. The solution segment is further classified into power, server, 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 has a significant market share due to the high-power consumption requirements and high carbon footprint of data centers.

Data Center Market, By Type

On the basis of type, the Data Center Market is segmented into Colocation, Hyperscale, Edge and Others.  The colocation data segment has the highest market share as they make it economical for businesses to share and lease resources. Colocation data centers are gaining huge popularity in SMEs, which are emerging as a major factor for its growth.

Data Center Market, By Enterprise Size

On the basis of enterprise size, Data Center Market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs)

Data Center Market, By End User

On the basis of end user, Data Center Market is segmented into BFSI, IT & Telecom, Government, Energy & Utilities and Others. IT and telecom are likely to dominate this term over the projected period.

Regional Insights:

On the basis of region, the Data Center Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The North America data centre dominates the market due to the presence of a large number of technology giants and other large industries.

Similarly, growing government and private investment in the construction of data centers in the US and Canada is also driving the growth of the North American data center market.

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Component - Solution and Services

By Type - Colocation, Hyperscale, Edge and Others 

By Enterprise Size - Large Enterprises and Small & Medium Enterprises (SMEs)

By End User - BFSI, IT & Telecom, Government, Energy & Utilities and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Data Center Market report based on component, type, enterprise, end user and region:

Data Center Market, By Component:

  • Solution
  • Services

Data Center Market, By Type:

  • Colocation
  • Hyperscale
  • Edge
  • Others

Data Center Market, By Enterprise Size:

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

Data Center Market, By End User:

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

Data Center Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Data Center Market Key Players

The key players operating the Data Center Market includes,

  • Alphabet Inc is a multinational technology conglomerate, formed from Google's corporate restructuring, which is now its subsidiary along with several other services. Alphabet Inc. provides advertising services in the United States, Europe, the Middle East, Africa, Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services.
  • Amazon. Com Inc. is an online retailer and web services provider, the company provides clothing, auto and industrial goods, beauty and health products, electronics, groceries, books, sports, jewelry, children and baby 7 products, movies, music, sports goods, toys, tools, and other related products.
  • Digital Realty is also known as a data center company and was founded in 2004. It is headquartered in San Francisco, CA, USA, digital reality has more than 1530 people, has 214 centers and is active in 14 locations.
  • Equinix Inc has the largest and best-connected data center footprints of any brand in the industry.  The California-based brand has become a household name for colocation and hyperscale cloud services.
  • Hewlett Packard Enterprise is a global technology company that focuses on developing intelligent solutions that allow customers to capture, analyze, and operate data seamlessly up to edge to the cloud. HPE enables customers to accelerate business outcomes by running new business models, creating new customer and employee experiences, and increasing operational efficiency today and in the future.
  • IBM Corporation (International Business Machines) is a multinational computer, technology and IT consulting corporation that manufactures and sells computer hardware and software and provides infrastructure, hosting services, and consultancy services.
  • NTT Communication Corporation was incorporated in 1999, headquartered in Tokyo. NTT Communications has 48 data centers and is located in 17 countries. The data center arm of Japanese telecom NTT has been dominating the APAC market for the past few years, as well as making meaningful progress in the UK, India and the US— where the company bought operator RagingWire in 2018.
  • Oracle is a company that provides integrated cloud applications and platform services. It operates through three business segments: Cloud and Licensing, Hardware and Services, Cloud and Licensing Segment sells and distributes a range of enterprise hardware products and related software with market, Oracle engineering systems, virtualization, management, and others, as well as provider hardware support.
  • SAP SE is a German multinational software company based in Waldorf, Baden-Würtemberg. It develops enterprise software to manage business operations and customer relationships, the company is the world's leading enterprise resource planning software vendor.
  • China Telecom, the world's largest provider of integrated telecommunications services, adapts to the times and has a long-term commitment to the development of its global operations and capabilities.

Data Center Market Key Issues Addressed

Recent Development:

  • In March 2022, Microsoft announced its intention to set up its latest datacentre area in Hyderabad, Telangana. This strategic investment is consistent with Microsoft's commitment to help customers thrive in a cloud and AI-enabled digital economy and will become part of the world's largest cloud infrastructure.
  • In October 2020, SAP SE announced the global launch of the SAP Consumer Data Platform, which is the next generation of customer experience in every investment from commerce and commerce and marketing to sales and services.
  • In April 2019, Qualcomm launched the data center AI chip family, 'Cloud AI 100'. The ASIC family of products can come across a wide variety of ingredients and thermal design points for different use cases. The chip has been expanded with state-of-the-art features of AI to provide good performance for devices.

Data Center Market Company Profile

  • Alphabet Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Amazon. Com Inc.
  • Digital Realty
  • Equinix Inc.
  • Hewlett Packard Enterprise
  • IBM Corporation
  • China Telicom
  • NTT Communication Corporation
  • Oracle
  • SAP SE

“*” marked represents similar segmentation in order categories in the respective section.

Data Center Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Cell and Gene Therapy Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Component
      • Market Snippet, By Type
      • Market Snippet, By Enterprise Size
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Component, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Segment Trends
    • Solution
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Services
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
  6. Market Segmentation, Type, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Segment Trends
    • Colocation
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Hyperscale
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Edge
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
  7. Market Segmentation, Enterprise Size, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Segment Trends
    • Large Enterprises
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Small & Medium Enterprises (SMEs)
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
  8. Market Segmentation, End User, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Segment Trends
    • BFSI
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • IT & Telecom
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Government
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Energy & Utilities
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
  9. Global Market, By Region, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Component, 2022-2032
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2022-2032
      • Market Size and Forecast (US$ Bn), By End User, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Component, 2022-2032
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2022-2032
      • Market Size and Forecast (US$ Bn), By End User, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Component, 2022-2032
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2022-2032
      • Market Size and Forecast (US$ Bn), By End User, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Component, 2022-2032
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2022-2032
      • Market Size and Forecast (US$ Bn), By End User, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Component, 2022-2032
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2022-2032
      • Market Size and Forecast (US$ Bn), By End User, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
      • Alphabet Inc.
        • Company Overview
        • Product and Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Amazon. Com Inc.
      • Digital Realty
      • Equinix Inc.
      • Hewlett Packard Enterprise
      • IBM Corporation
      • China Telicom
      • NTT Communication Corporation
      • Oracle
      • SAP SE.
  12. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Emulsion Polymers Market accounted for US$ 101.8 billion in 2022 and is estimated to be US$ 218.6 billion by 2032 and is anticipated to register a CAGR of 7.5%.

The Data Center Market is segmented based on component, type, enterprise, end user and region.

Investments by government and private enterprises in the development of data centres to support large-scale storage of data centres provide profitable growth opportunities for the data centre market.

The North America data centre dominates the market due to the presence of a large number of technology giants and other large industries.

The Key players operating in the Data Center Market includes Alphabet Inc., Amazon. Com Inc., Digital Realty, Equinix Inc., Hewlett Packard Enterprise, IBM Corporation, China Telicom, NTT Communication Corporation, Oracle and SAP SE.