100+ datasets found
  1. Leading countries by number of data centers 2025

    • statista.com
    • ai-chatbox.pro
    Updated Mar 21, 2025
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    Statista (2025). Leading countries by number of data centers 2025 [Dataset]. https://www.statista.com/statistics/1228433/data-centers-worldwide-by-country/
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    Dataset updated
    Mar 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    Worldwide
    Description

    As of March 2025, there were a reported 5,426 data centers in the United States, the most of any country worldwide. A further 529 were located in Germany, while 523 were located in the United Kingdom. What is a data center? A data center is a network of computing and storage resources that enables the delivery of shared software applications and data. These facilities can house large amounts of critical and important data, and therefore are vital to the daily functions of companies and consumers alike. As a result, whether it is a cloud, colocation, or managed service, data center real estate will have increasing importance worldwide. Hyperscale data centers In the past, data centers were highly controlled physical infrastructures, but the cloud has since changed that model. A cloud data service is a remote version of a data center – located somewhere away from a company's physical premises. Cloud IT infrastructure spending has grown and is forecast to rise further in the coming years. The evolution of technology, along with the rapid growth in demand for data across the globe, is largely driven by the leading hyperscale data center providers.

  2. U

    US Data Center Industry Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Dec 16, 2024
    + more versions
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    Data Insights Market (2024). US Data Center Industry Report [Dataset]. https://www.datainsightsmarket.com/reports/us-data-center-industry-11517
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    ppt, doc, pdfAvailable download formats
    Dataset updated
    Dec 16, 2024
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    United States
    Variables measured
    Market Size
    Description

    The size of the US Data Center Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.00% during the forecast period.A data center is a facility that keeps computer systems and networking equipment housed, processing, and transmitting data. It represents the infrastructure on which organizations carry out their IT operations and host websites, email servers, and database servers. Data centers, therefore, are imperative to any size business: small start-ups or large enterprise since they enable digital transformation, thus making business applications available.The US data center industry is one of the largest and most developed in the world. The country boasts robust digital infrastructure, abundant energy resources, and a highly skilled workforce, making it an attractive destination for data center operators. Some of the drivers of the US data center market are the growing trend of cloud computing, internet of things (IoT), and high-performance computing requirements.Top-of-the-line technology companies along with cloud service providers set up major data center footprints in the US, mostly in key regions such as Silicon Valley and Northern Virginia, Dallas, for example. These data centers support applications such as e-commerce-a manner of accessing streaming services-whose development depends on its artificial intelligence financial service type. As demand increases concerning data center capacity, therefore, the US data centre industry will continue to prosper as the world's hub for reliable and scalable solutions. Recent developments include: February 2023: The expansion of Souther Telecom to its data center in Atlanta, Georgia, at 345 Courtland Street, was announced by H5 Data Centers, a colocation and wholesale data center operator. One of the top communication service providers in the southeast is Southern Telecom. Customers in Alabama, Georgia, Florida, and Mississippi will receive better service due to the expansion of this low-latency fiber optic network.December 2022: DigitalBridge Group, Inc. and IFM Investors announced completing their previously announced transaction in which funds affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc. for USD approximately USD 11 billion, including the repayment of outstanding debt.October 2022: Three additional data centers in Charlotte, Nashville, and Louisville have been made available to Flexential's cloud customers, according to the supplier of data center colocation, cloud computing, and connectivity. By the end of the year, clients will have access to more than 220MW of hybrid IT capacity spread across 40 data centers in 19 markets, which is well aligned with Flexential's 2022 ambition to add 33MW of new, sustainable data center development projects.. Key drivers for this market are: , High Mobile penetration, Low Tariff, and Mature Regulatory Authority; Successful Privatization and Liberalization Initiatives. Potential restraints include: , Difficulties in Customization According to Business Needs. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

  3. United States Data Center Market Size & Share Analysis - Industry Research...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jan 9, 2025
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    Mordor Intelligence (2025). United States Data Center Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/united-states-data-center-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 9, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2018 - 2030
    Area covered
    United States
    Description

    The United States Data Center Market report segments the industry into Hotspot (Atlanta, Austin, Boston, Chicago, Dallas, Houston, Los Angeles, New Jersey, New York, Northern California, Northern Virginia, Northwest, Phoenix, Salt Lake City, Rest of United States), Data Center Size (Large, Massive, Medium, Mega, Small), Tier Type (Tier 1 and 2, Tier 3, Tier 4), and Absorption (Non-Utilized, Utilized).

  4. Data centers construction the U.S. 2016-2024

    • statista.com
    Updated May 27, 2025
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    Statista (2025). Data centers construction the U.S. 2016-2024 [Dataset]. https://www.statista.com/statistics/1224987/data-centers-construction-in-the-usa/
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    Dataset updated
    May 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The United States is experiencing a surge in data center construction, with the power supply under construction reaching *** gigawatts in 2024. This marks a *** percent increase from previous years, reflecting the growing demand for data storage and processing capabilities across the country. The rapid expansion of data centers underscores their crucial role in supporting the digital infrastructure that powers businesses and consumers alike. Northern Virginia leads the charge Northern Virginia has emerged as the epicenter of data center growth in the United States. In 2023, the region boasted the highest existing data center power capacity, solidifying its position as the market with the largest data center inventory in the country. Furthermore, Northern Virginia continues to dominate new construction efforts, with data centers under construction in the second half of 2024 set to add a staggering *** gigawatts of power capacity. This far outpaces other major markets such as Dallas, Austin, and NYC-NJ combined. Cloud infrastructure fuels growth The expansion of data centers is closely tied to the increasing adoption of cloud infrastructure services. Enterprise spending on cloud infrastructure services has soared in the past decade, fueled by organizations' growing demand for modern networking, storage, and database solutions. As companies continue to migrate their operations to the cloud, the need for robust data center facilities is expected to rise, further propelling the construction boom.

  5. U.S. Data center inventory 2021-2024, by primary market

    • statista.com
    Updated Jun 17, 2025
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    Statista (2025). U.S. Data center inventory 2021-2024, by primary market [Dataset]. https://www.statista.com/statistics/1370189/us-data-center-inventory/
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    Dataset updated
    Jun 17, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Northern Virginia is by far the largest data center market in the United States when measured by total inventory. The region had capacity of almost ***** megawatts in the second half of 2024, up twelve percent on the previous year. The Atlanta region had the second-highest capacity, followed by Chicago. Northern Virginia could face a slowdown in construction Situated close to major east coast urban centers, the Northern Virginia region is considered a key hyperscale data center hub. The region had a reported ***** megawatts of data center capacity under construction as of the second half of 2024, far more than any other U.S. market. However, future expansion may be hindered by shifting local infrastructure conditions, with the growing impact of large-scale facilities leading local decision makers to reassess planning legislation. Rental rates on the rise The average monthly rental rate for data center capacity in primary U.S. markets surged to over **** per kilowatt in 2024. This is partially due to increased demand, with digital transformation driving the adoption of cloud services, and with the adoption of data intensive artificial intelligence (AI) applications. However, data centers operators are also experiencing difficulties in data center construction, as rising utilities costs and supply chain continue to apply pressure.

  6. U.S. Data Center Market Landscape 2025-2030

    • arizton.com
    pdf,excel,csv,ppt
    Updated May 22, 2025
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    Arizton Advisory & Intelligence (2025). U.S. Data Center Market Landscape 2025-2030 [Dataset]. https://www.arizton.com
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    May 22, 2025
    Dataset authored and provided by
    Arizton Advisory & Intelligence
    License

    https://www.arizton.com/privacyandpolicyhttps://www.arizton.com/privacyandpolicy

    Time period covered
    2024 - 2029
    Area covered
    North America, United States
    Description

    The US data center market size was valued at USD 208.38 billion in 2024 and is expected to reach USD 308.83 billion by 2030, growing at a CAGR of 6.78% during the forecast period.

  7. m

    U.S Data Center Power Market Size, Share, Trends & Industry Statistics -...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jun 14, 2025
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    Mordor Intelligence (2025). U.S Data Center Power Market Size, Share, Trends & Industry Statistics - 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/united-states-data-center-power-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jun 14, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    United States
    Description

    The United States Data Center Power Market is Segmented by Component (Electrical Solutions, Services), Data Center Type (Hyperscaler/Cloud Service Providers, Colocation Providers, and More), Data Center Size (Small Size Data Centers, Medium Size Data Centers, Large Size Data Centers and More), Tier Type (Tier I and II, Tier III, Tier IV). The Market Forecasts are Provided in Terms of Value (USD)

  8. Hyperscale Data Center Market Analysis, Size, and Forecast 2025-2029: North...

    • technavio.com
    Updated Jan 15, 2025
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    Technavio (2025). Hyperscale Data Center Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), APAC (China, India, Japan), Europe (France, Germany, Italy, UK), South America (Brazil), and Middle East and Africa (UAE) [Dataset]. https://www.technavio.com/report/hyperscale-data-center-market-industry-analysis
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    Dataset updated
    Jan 15, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global, United States
    Description

    Snapshot img

    Hyperscale Data Center Market Size 2025-2029

    The hyperscale data center market size is forecast to increase by USD 485.5 billion, at a CAGR of 38.4% between 2024 and 2029.

    The market is experiencing significant growth, driven by the escalating demand for data center colocation facilities. Businesses are increasingly seeking to outsource their IT infrastructure to hyperscale data centers, which offer cost savings, improved scalability, and enhanced security. Additionally, advancements in infrastructure technologies, such as Artificial Intelligence (AI) and the Internet of Things (IoT), are fueling the need for more robust and efficient data center solutions. However, the market also faces challenges. The consolidation of data centers is intensifying competition, as major players continue to expand their offerings and acquire smaller competitors. Furthermore, the increasing complexity of managing large-scale data centers presents operational challenges, including energy efficiency, cooling systems, and network connectivity. Companies must navigate these obstacles to effectively capitalize on the market's potential and maintain a competitive edge. To succeed, they must focus on delivering innovative solutions that address the evolving needs of their customers while ensuring operational efficiency and cost-effectiveness.

    What will be the Size of the Hyperscale Data Center Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free SampleThe market continues to evolve, with dynamic market activities shaping its landscape. Cloud storage solutions are increasingly being adopted, leading to data center consolidation and the rise of modular data centers. Power management and data center efficiency are key areas of focus, with an emphasis on renewable energy and green data centers. Cloud service providers are expanding their offerings, incorporating block storage, database services, and data analytics platforms. Data center construction and simulation tools are streamlining the design process, while data center interconnection and network security solutions are enhancing connectivity and protecting against cyber threats. High-performance computing and managed services are driving innovation in various sectors, including finance, healthcare, and research. Data sovereignty and data governance are becoming crucial considerations, with DNS management and IP addressing playing important roles in ensuring data privacy and compliance. Micro data centers and edge computing are gaining traction, extending data processing capabilities closer to the source. Hyperscale computing and load balancers are enabling scalable infrastructure, while hybrid cloud models and business continuity solutions are ensuring uptime and disaster recovery. Data center optimization, capacity planning, and virtualization technologies are optimizing network bandwidth and server utilization. Power usage effectiveness and water usage effectiveness are essential metrics, with building management systems and environmental monitoring solutions helping to reduce carbon footprint. Data center certifications and standards are ensuring best practices and driving industry growth. Cloud cost optimization and cloud migration are ongoing priorities, with infrastructure as code and machine learning solutions streamlining operations and reducing costs. Artificial intelligence and network switches are enhancing network performance and enabling new applications. Fiber optic cables and data center automation are improving network connectivity and efficiency. Overall, the market is characterized by continuous innovation and evolution, with a diverse range of applications and technologies shaping its future.

    How is this Hyperscale Data Center Industry segmented?

    The hyperscale data center industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeCritical infrastructureSupport infrastructureEnd-userBFSIEnergyITOthersComponentSolutionsServiceDeployment TypeGreenfieldBrownfield GreenfieldBrownfield Energy SourceRenewable EnergyUPS SystemsHybrid PowerEnergy StorageGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth AmericaBrazilRest of World (ROW).

    By Type Insights

    The critical infrastructure segment is estimated to witness significant growth during the forecast period.In the dynamic data center market, design plays a crucial role in accommodating various technologies such as NoSQL databases, edge computing, DDoS protection, software-defined networking, content delivery networks, and more. Renewable energy and green data centers are increasingly pri

  9. Data Center Storage Market Analysis, Size, and Forecast 2025-2029: North...

    • technavio.com
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    Technavio, Data Center Storage Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (Germany, Italy, The Netherlands, and UK), APAC (Australia, China, India, and Thailand), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/data-center-storage-market-size-industry-analysis
    Explore at:
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global
    Description

    Snapshot img

    Data Center Storage Market Size 2025-2029

    The data center storage market size is forecast to increase by USD 157 billion, at a CAGR of 20.7% between 2024 and 2029.

    The market is experiencing significant growth driven by the increasing volume, velocity, veracity, and variety (4Vs) of data. The proliferation of IoT-enabled devices is leading to an exponential increase in data generation, necessitating robust and scalable data center storage solutions. Furthermore, the trend towards data center consolidation is intensifying, as organizations seek to optimize their IT infrastructure and reduce costs. Additionally, advancements in technology, such as edge computing and the Internet of Things (IoT), are creating new opportunities for data center providers. However, this market landscape is not without challenges. Power consumption and cooling requirements for data centers continue to pose significant operational challenges, necessitating energy-efficient storage solutions. Additionally, data security and privacy concerns are becoming increasingly critical, with the risk of data breaches and cyber attacks growing in frequency and sophistication.
    Companies seeking to capitalize on the opportunities presented by the market must prioritize energy efficiency, data security, and scalability to meet the evolving demands of the digital economy. Navigating these challenges effectively will require strategic investments in innovative technologies and operational best practices. Data center storage solutions are increasingly being integrated with lawful interception to ensure secure and compliant data handling in response to regulatory requirements.
    

    What will be the Size of the Data Center Storage Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The market is experiencing significant evolution, driven by the adoption of cloud native architectures and the integration of machine learning technologies. Performance monitoring and data lifecycle management have become essential for optimizing storage resources in this dynamic environment. Edge computing and edge storage are gaining traction, enabling real-time data processing and reducing latency. Data governance and security are paramount, with capacity monitoring, storage availability, and data privacy becoming increasingly important. AI and serverless computing are revolutionizing data analytics, while hybrid cloud solutions offer flexibility and cost savings.
    Data center optimization, storage consolidation, and migration are key strategies for managing the complexities of big data. Data sovereignty, data center virtualization, and storage maintenance are also critical aspects of the market, ensuring regulatory compliance, efficient resource utilization, and system reliability. Data loss prevention and storage automation are essential for mitigating risks and streamlining operations.
    

    How is this Data Center Storage Industry segmented?

    The data center storage industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Deployment
    
      SAN system
      NAS system
      DAS system
    
    
    Component
    
      Hardware
      Software
    
    
    End-user
    
      IT and telecommunications
      BFSI
      Healthcare
      Retail
      Others
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        Germany
        Italy
        The Netherlands
        UK
    
    
      APAC
    
        Australia
        China
        India
        Thailand
    
    
      Rest of World (ROW)
    

    By Deployment Insights

    The SAN system segment is estimated to witness significant growth during the forecast period. In today's data-driven business landscape, data center storage solutions have become a critical investment for organizations. The need for data retention, security, and efficient management of large volumes of data has led to the adoption of advanced storage technologies. One such technology is Storage Area Networks (SAN), which offers centralized control and flexibility to share capacity between multiple hosts. SAN systems have gained popularity due to their cost-effective upgrades and independence from additional hardware storage. This trend has spurred technological advancements in SAN systems, resulting in the development of new storage solutions tailored to support the SAN protocol. Moreover, energy efficiency is a significant concern for data center operations, leading to the integration of cooling systems and power consumption optimization.

    Data security remains a top priority, driving the adoption of data encryption and deduplication techniques. File storage, data archiving, and disaster recovery are essential components of a robust data center infrastructure. Tiered storage, ob

  10. US Data Center Construction Market Analysis, Size, and Forecast 2025-2029

    • technavio.com
    Updated Jan 15, 2025
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    Technavio (2025). US Data Center Construction Market Analysis, Size, and Forecast 2025-2029 [Dataset]. https://www.technavio.com/report/us-data-center-construction-market-industry-analysis
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    United States
    Description

    Snapshot img

    US Data Center Construction Market Size 2025-2029

    The US data center construction market size is forecast to increase by USD 15.02 billion at a CAGR of 10.8% between 2024 and 2029.

    US Data Center Construction Market is experiencing significant growth due to the increasing number of data centers being constructed to meet the surging demand for digital services and cloud computing. This trend is driven by the shift towards remote work and learning, as well as the increasing adoption of Internet of Things (IoT) devices and advanced technologies such as artificial intelligence and machine learning. Another key trend in the market is the focus on constructing eco-friendly data centers. With growing concerns over energy consumption and carbon footprint, data center operators are investing in renewable energy sources and energy-efficient designs to reduce their environmental impact.
    However, the market is not without challenges. Cybersecurity issues remain a major concern, with data centers being prime targets for cyber attacks due to the sensitive information they house. As such, data center operators must invest in robust security systems and implement strict access controls to mitigate these risks. However, cybersecurity challenges must be addressed to ensure the secure operation of these facilities. Companies seeking to capitalize on market opportunities should focus on energy efficiency, cybersecurity, and sustainability to stay competitive.
    

    What will be the size of the US Data Center Construction Market during the forecast period?

    Request Free Sample

    US data center construction market is experiencing robust growth, driven by the increasing demand for advanced telecommunications infrastructure to support IT and telecommunications industries, government and defense sectors, 5G networks, cloud-based services, and edge data centers. This growth is reflected in the significant expansion of data center capacity, with a focus on electrical infrastructure, including UPS systems, and mechanical infrastructure, such as cooling systems. Edge data centers and edge computing are also gaining traction due to the need for real-time data processing and data-driven decision-making.
    The market's size is substantial, with billions of dollars being invested annually. Physical damage from natural disasters and the increasing importance of advanced technology solutions are additional factors contributing to the market's momentum. Overall, the data center construction market is a dynamic and evolving sector, underpinned by the ongoing digital transformation and the growing importance of technology in various industries.
    

    How is this market segmented?

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Application
    
      Enterprise
      Cloud
      Colocation
      Hyperscale
    
    
    End-user
    
      IT and telecom
      BFSI
      Government and defense
      Others
    
    
    Infrastructure
    
      Electrical Infrastructure
      Mechanical Infrastructure
      Networking Infrastructure
      Power Distribution & Cooling Infrastructure
    
    
    Geography
    
      US
    

    By Application Insights

    The enterprise segment is estimated to witness significant growth during the forecast period.

    In today's digital economy, businesses across sectors including healthcare, finance, and IT are undergoing transformation through the adoption of cloud computing, big data analytics, IoT devices, and artificial intelligence (AI). The resulting surge in digital data from various sources necessitates the need for advanced data center infrastructure. Enterprise data centers must provide high-capacity storage and processing capabilities to manage and analyze vast volumes of data efficiently. This data is generated from sources such as social media, mobile devices, IoT sensors, and business applications. By deriving actionable insights from this data, businesses can support decision-making processes and optimize operations.

    The electrical infrastructure of data centers includes UPS systems and other electrical infrastructure, while mechanical infrastructure comprises cooling systems. IT and telecommunications sectors are significant consumers of data center services, including cloud-based data storage, cloud applications, and AI algorithms. Government and defense sectors also utilize data centers for cloud-based healthcare solutions, smart devices, and disaster recovery protocols. The adoption of cloud computing and edge computing, 5G networks, and telecommunication providers' cloud-based services is driving the demand for data centers. However, data security and cyber threats, including data breaches, remain critical concerns. Innovative designs, modular power infrastructure, and OPEX savings through real-time monitoring software and free cooling techniques are essen

  11. M

    Data Center Construction Market to hit USD 453.5 Billion by 2033

    • scoop.market.us
    Updated Aug 13, 2024
    + more versions
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    Market.us Scoop (2024). Data Center Construction Market to hit USD 453.5 Billion by 2033 [Dataset]. https://scoop.market.us/data-center-construction-market-press-release/
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    Dataset updated
    Aug 13, 2024
    Dataset authored and provided by
    Market.us Scoop
    License

    https://scoop.market.us/privacy-policyhttps://scoop.market.us/privacy-policy

    Time period covered
    2022 - 2032
    Area covered
    Global
    Description

    Introduction

    According to Market.us, The Global Data Center Construction Market size is expected to be worth around USD 453.5 Billion by 2033, growing from USD 237.1 Billion in 2023 at a CAGR of 6.7% during the forecast period from 2024 to 2033.

    The Data Center Construction Market is experiencing substantial growth driven by the increasing demand for cloud services, big data analytics, and the proliferation of Internet of Things (IoT) devices. The surge in data generation has necessitated robust infrastructure to handle vast volumes of data securely and efficiently, thus propelling the expansion of data center construction. Companies are heavily investing in building state-of-the-art facilities that incorporate advanced energy-efficient technologies and adhere to strict regulatory standards regarding data security and environmental impact.

    A significant growth factor for this market is the escalating need for data processing power in industries such as finance, healthcare, and e-commerce, which rely heavily on real-time data processing. The trend towards digital transformation, emphasizing cybersecurity, and sustainable practices is pushing businesses to invest in modernizing their data centers or constructing new ones that are better equipped to handle future technological advancements.

    The opportunity in this sector lies in adopting green construction practices and energy-efficient technologies. As environmental concerns become more pressing, the industry is moving towards sustainable development. Innovations such as the use of renewable energy sources, advanced cooling mechanisms, and energy management systems are not only environmentally friendly but also cost-effective in the long run, presenting significant opportunities for market growth and differentiation.

    https://market.us/wp-content/uploads/2022/12/Data-Center-Construction-Market-1024x595.jpg" alt="Data Center Construction Market">
  12. U

    US Data Center Industry Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 29, 2025
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    Market Report Analytics (2025). US Data Center Industry Report [Dataset]. https://www.marketreportanalytics.com/reports/us-data-center-industry-88696
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    ppt, pdf, docAvailable download formats
    Dataset updated
    Apr 29, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global, United States
    Variables measured
    Market Size
    Description

    The US data center industry is experiencing robust growth, driven by the increasing adoption of cloud computing, big data analytics, and the expansion of 5G networks. The market, segmented by location (with key hotspots including Atlanta, Dallas, Northern Virginia, and Silicon Valley), data center size (ranging from small to massive hyperscale facilities), tier type, absorption rates, colocation type (hyperscale, retail, wholesale), and end-user verticals (BFSI, cloud, e-commerce, and others), presents diverse investment opportunities. While the exact market size for 2025 is not provided, based on industry reports suggesting a multi-billion dollar valuation and a significant CAGR (let's assume a conservative 8% for illustration), we can project a 2025 market size in the range of $80-100 billion. This growth is fueled by the continuous demand for increased processing power and storage capacity across various sectors. However, challenges such as rising energy costs, limited skilled labor, and stringent regulatory compliance requirements act as potential restraints. The ongoing expansion of hyperscale data centers, particularly in strategic locations with favorable energy costs and infrastructure, is a key trend shaping the market's trajectory. Competition among established players and new entrants is intense, demanding continuous innovation in infrastructure, security, and service offerings. The forecast period (2025-2033) anticipates sustained growth, with the CAGR likely to remain strong, albeit potentially moderating slightly due to market saturation in certain regions and increased competition. The focus will shift towards sustainable data center solutions, addressing environmental concerns and reducing operational costs. Geographic expansion into secondary markets and strategic partnerships are anticipated as key strategies for companies seeking to maintain a competitive edge. Factors such as government regulations promoting digital infrastructure investment and advancements in data center technologies, including AI-powered management and edge computing, will contribute to this sustained growth. A deep understanding of these market dynamics is crucial for investors and businesses operating within or considering entry into this dynamic sector. Recent developments include: February 2023: The expansion of Souther Telecom to its data center in Atlanta, Georgia, at 345 Courtland Street, was announced by H5 Data Centers, a colocation and wholesale data center operator. One of the top communication service providers in the southeast is Southern Telecom. Customers in Alabama, Georgia, Florida, and Mississippi will receive better service due to the expansion of this low-latency fiber optic network.December 2022: DigitalBridge Group, Inc. and IFM Investors announced completing their previously announced transaction in which funds affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc. for USD approximately USD 11 billion, including the repayment of outstanding debt.October 2022: Three additional data centers in Charlotte, Nashville, and Louisville have been made available to Flexential's cloud customers, according to the supplier of data center colocation, cloud computing, and connectivity. By the end of the year, clients will have access to more than 220MW of hybrid IT capacity spread across 40 data centers in 19 markets, which is well aligned with Flexential's 2022 ambition to add 33MW of new, sustainable data center development projects.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

  13. m

    South America Data Center Market Size & Share Analysis - Industry Research...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jan 9, 2025
    + more versions
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    Mordor Intelligence (2025). South America Data Center Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/south-america-data-center-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 9, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2018 - 2030
    Area covered
    South America
    Description

    The South America Data Center Market report segments the industry into Data Center Size (Large, Massive, Medium, Mega, Small), Tier Type (Tier 1 and 2, Tier 3, Tier 4), Absorption (Non-Utilized, Utilized), and Country (Brazil, Chile, Rest of South America). Get five years of historical data alongside five-year market forecasts.

  14. D

    Data Centre Equipment Report

    • promarketreports.com
    doc, pdf, ppt
    Updated Mar 12, 2025
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    Pro Market Reports (2025). Data Centre Equipment Report [Dataset]. https://www.promarketreports.com/reports/data-centre-equipment-36512
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    ppt, doc, pdfAvailable download formats
    Dataset updated
    Mar 12, 2025
    Dataset authored and provided by
    Pro Market Reports
    License

    https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global data center equipment market is experiencing robust growth, driven by the increasing demand for cloud computing, big data analytics, and the expansion of the Internet of Things (IoT). The market size in 2025 is estimated at $200 billion USD, exhibiting a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This significant expansion is fueled by several key factors. Firstly, the widespread adoption of cloud-based services necessitates substantial investment in data center infrastructure, including servers, networking equipment, and storage solutions. Secondly, the exponential growth of data generated by IoT devices necessitates high-capacity data centers and advanced data management systems. Finally, the shift towards hybrid and multi-cloud environments further fuels the demand for scalable and adaptable data center equipment. This growth is not uniform across all segments; the database machine segment is experiencing the fastest growth due to increasing demand for high-performance computing and data processing, while the IoT application segment shows strong growth potential due to the increasing number of connected devices. While geographical expansion and technological advancements are major drivers, challenges remain. These include escalating energy costs associated with powering large data centers, the complexity of managing increasingly intricate infrastructures, and the need for robust cybersecurity measures to safeguard sensitive data. Despite these challenges, the market is poised for continued expansion. Key growth opportunities lie in the development of energy-efficient equipment, the integration of artificial intelligence (AI) for data center management, and the adoption of edge computing to process data closer to its source. The increasing adoption of software-defined networking (SDN) and network function virtualization (NFV) is also expected to contribute significantly to market growth in the coming years. Companies specializing in advanced networking solutions, high-performance computing, and data storage are well-positioned to capitalize on these opportunities. The competitive landscape is dynamic, with both established players and innovative startups contributing to the market's evolution. Strategic partnerships and acquisitions are expected to further shape the industry landscape.

  15. Largest deals for data center site sales in the U.S. 2024

    • statista.com
    Updated Jun 30, 2025
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    Statista (2025). Largest deals for data center site sales in the U.S. 2024 [Dataset]. https://www.statista.com/statistics/1229649/leading-data-center-sales-usa/
    Explore at:
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In the second half of 2024, the most expensive deal for a data center site sale was the Loop 202 & Dobbins Rd, Laveen deal in Phoenix. IDM Companies sold the *** acres site to Amazon for *** billion U.S. dollars.

  16. N

    North America Data Center Construction Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 29, 2025
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    Market Report Analytics (2025). North America Data Center Construction Market Report [Dataset]. https://www.marketreportanalytics.com/reports/north-america-data-center-construction-market-87446
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    pdf, ppt, docAvailable download formats
    Dataset updated
    Apr 29, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global, North America
    Variables measured
    Market Size
    Description

    The North America data center construction market, valued at $22.40 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 6.20% from 2025 to 2033. This expansion is fueled by several key factors. The increasing demand for cloud computing and digital services necessitates substantial investment in data center infrastructure. Organizations across various sectors, including banking, financial services, insurance (BFSI), IT and telecommunications, and government, are aggressively expanding their data center footprints to support growing data volumes and enhance operational efficiency. Furthermore, the adoption of advanced technologies like artificial intelligence (AI) and machine learning (ML) further accelerates this demand. The market is segmented by infrastructure type (electrical and mechanical), tier type (Tier I-IV), and end-user industry. Electrical infrastructure, encompassing power distribution solutions (PDUs, transfer switches, switchgear), power backup solutions (UPS, generators), and related services, constitutes a significant portion of the market. Mechanical infrastructure, including cooling systems (immersion, direct-to-chip, rear door heat exchangers, in-row/in-rack), racks, and other components, is equally crucial for maintaining optimal data center operations. The significant players in this market include AECOM, Whiting-Turner Contracting Company, Turner Construction Co, Jacobs Solutions Inc, and others, competing intensely based on their expertise, project delivery capabilities, and technological innovations. Growth is expected to be particularly strong in the Tier III and Tier IV data center segments, reflecting the increasing focus on high-availability and resilience. While the United States dominates the North American market, Canada and Mexico are also experiencing growth, driven by increasing digitalization and foreign investment. However, the market faces certain challenges, including rising construction costs, supply chain disruptions, and the need for skilled labor. Despite these restraints, the long-term outlook remains positive, with continued growth anticipated throughout the forecast period driven by sustained demand for advanced data center facilities across all major sectors. The market's success is intertwined with the continued advancement of digital technologies and the unwavering need for robust and reliable data storage and processing capabilities. Recent developments include: January 2024: The ACS group was selected to build a hyperscale data center campus for meta in Jeffersonville, Indiana, through Turner Construction Company. The nearly 700,000-square-foot campus is expected to feature several data center buildings. Once completed, the Jeffersonville data center is anticipated to cost over USD 800 million to build., October 2023: JLL, Lumen Technologies, and Schneider Electric are expected to offer customers around the United States modular data centers. JLL is anticipated to identify and select locations for the initiative, including approximately 5,000 sites across Lumen's fiber network. Schneider Electric brings its expertise in design and construction, with the agreement aiming to have ready-to-use modular data centers available in six to nine months.. Key drivers for this market are: 4., Growing Cloud Applications, AI, and Big Data4.; Rising Adoption of Hyperscale Data Centers. Potential restraints include: 4., Growing Cloud Applications, AI, and Big Data4.; Rising Adoption of Hyperscale Data Centers. Notable trends are: United States to hold the Major Market Share.

  17. Data Center Colocation Services in the US - Market Research Report...

    • ibisworld.com
    Updated Aug 25, 2024
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    IBISWorld (2024). Data Center Colocation Services in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/data-center-colocation-services-industry/
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    Dataset updated
    Aug 25, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2014 - 2029
    Area covered
    United States
    Description

    Operators of data center colocation services have benefited from the strong need for equipment, space and bandwidth to be rented to store servers. Over the past five years, operators have experienced strong revenue growth as digitalization continues to take hold, directly contributing to colocation services' demand. Companies that have digitized their operations now ask for bandwidth-intensive services, which ultimately require more data storage. COVID-19 accelerated this trend, with many businesses shifting to remote work and introducing new digital platforms. Over the past five years, revenue rose at a CAGR of 4.6% to an estimated $16.2 billion, including an expected boost of 4.5% in 2024 alone. Despite high interest rates and inflation, industry profit has remained steady during the current period, only slightly fluctuating. With significant investments allocated to data center construction during the current period, operators are expanding their presence and have captured demand for third-party IT infrastructure management. As these trends have unfolded, companies within the industry are adjusting to technological innovation, shifting demand conditions and rising operating costs. Meanwhile, cyberattacks continue to threaten the reputation of many colocation providers, leading to significant defense investment. As the capacity requirements for data storage have increased, so has competition from technology conglomerates that use in-house operations to store servers. Still, demand for outsourced colocation services has grown during the period. Revenue is expected to continue rising over the next five years, albeit at a slower pace. Stable growth in corporate profit and initiatives to enhance digital platforms will likely support revenue growth as companies can afford more data storage, increasing the need for colocation services. However, intensifying competition is expected to temper revenue growth as declines in the price of computers and peripheral equipment encourage companies to store data in-house. Additionally, improvements in 5G, AI and additional technology will shift demand conditions for colocation services, forcing many providers to adjust their offerings. Overall, revenue is anticipated to climb at a CAGR of 3.3% to an estimated $19.0 billion over the next five years.

  18. c

    Global Hyper-scale Data Center market size is USD 141542.2 million in 2024.

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Apr 29, 2025
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    Cognitive Market Research (2025). Global Hyper-scale Data Center market size is USD 141542.2 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/hyper-scale-data-center-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Apr 29, 2025
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Hyper-scale Data Center market size will be USD 141542.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 56616.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 42462.6 million.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 32544.7 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD 7077.1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2830.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
    The Solution component held the highest Hyper-scale Data Center market revenue share in 2024.
    

    Market Dynamics of Hyper-scale Data Center Market

    Key Drivers for Hyper-scale Data Center Market

    Growing Number of Data Centers to Increase the Demand Globally

    Hyperscale data centers have evolved significantly to meet the increasing demands for computing and storage capacity, especially to support high-end applications. As of 2022, the United States accounted for more than half of the world's hyperscale data center capacity, with U.S. hyperscale revenue reaching nearly $88 billion for the year. Across the country, there are over 2,600 data centers. Northern California is renowned as a hub for many data-intensive firms like Google, Facebook, Uber, Twitter, and Yelp. Currently, Dallas hosts the highest number of data centers at 149, followed closely by the Bay Area with 147 and Los Angeles with 139. The growing number of critical business applications has heightened the complexity of data centers. Hyperscale data centers play a crucial role in efficiently managing this complexity and are poised to drive further market growth.

    Radically Increasing Volume of Data to Propel Market Growth

    The exponential growth in data volume, driven by advancements in data-driven technologies such as artificial intelligence (AI), machine learning (ML), IoT, blockchain, and the metaverse, is expected to fuel the expansion of the global hyperscale data center market. Approximately 402.74 million terabytes of data are generated daily, with projections indicating the creation of around 147 zettabytes of data this year and an anticipated rise to 181 zettabytes by 2025. Videos alone account for more than half of internet data traffic. In the United States, over 2,700 data centers are catering to this escalating demand for data storage and processing capabilities..

    Restraint Factor for the Hyper-scale Data Center Market

    Requirement of Huge Capital Investment to Limit the Sales

    Hyperscale data centers support thousands of servers and are significantly larger than typical data center facilities. They require specialized high-density server racks to accommodate numerous components such as power suppliers and hard drives, while also providing ample space for engineers to replace and customize them as needed. Given the extensive equipment involved, hyperscale facilities demand substantial power resources. Moreover, the ability to customize and swap out components is crucial for their flexibility, necessitating a dedicated approach to personalized configuration. However, these requirements for building hyperscale data centers are costly, time-consuming, and pose challenges that hinder market growth.

    Impact of Covid-19 on the Hyper-scale Data Center Market

    The COVID-19 pandemic sparked a surge in demand for digital services like remote work tools, online collaboration platforms, e-commerce, streaming services, and telemedicine. This heightened digital activity increased the need for cloud computing and storage services, prompting hyperscale data centers to expand their capacity to handle the amplified workload. However, global supply chains were disrupted during the pandemic, impacting the availability of crucial components and equipment essential for construct...

  19. Modular Data Centers Market Analysis North America, Europe, APAC, South...

    • technavio.com
    Updated Aug 15, 2024
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    Technavio (2024). Modular Data Centers Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, UK, China, Germany, Japan - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/modular-data-centers-market-analysis
    Explore at:
    Dataset updated
    Aug 15, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global, United States
    Description

    Snapshot img

    Modular Data Centers Market Size 2024-2028

    The global modular data centers market size is forecast to increase by USD 42.56 billion, at a CAGR of 19.8% between 2023 and 2028. The need to streamline traditional data centers is a major factor fueling market growth. Today, companies running single conventional data centers grapple with complex management and soaring capital costs due to sophisticated power and cooling systems. With the current economic recession, businesses are increasingly seeking cost-effective and scalable solutions. Modular data centers, with their standardized, portable designs, provide an ideal alternative that can be quickly deployed. Mobile network operators and colocation providers are among the leading users of these solutions. These modular setups are more environmentally friendly, thanks to their energy-efficient HVAC systems and IT equipment. As big data, AI, cloud computing, 5G, and IoT applications require higher operating temperatures, the flexibility and scalability of modular designs become even more crucial.

    What will be the Size of the Market During the Forecast Period?

    To learn more about this report, Download Report Sample

    Market Segmentation

    By End-user

    IT and Telecom is the Leading Segment to Dominate the Market

    The IT and telecom segment is estimated to witness significant growth during the forecast period. In the global market, Modular Data Centers hold a significant share, particularly in the IT and telecom sector. These centers are essential for providing the required computing power and storage for various applications and services in the industry. With the rise of cloud computing, the demand for data centers has escalated, as businesses seek to access resources without substantial capital expenditure. The IT and telecom segment was the largest and was valued at USD 4.02 billion in 2018. The influx of data from businesses and individuals necessitates data centers capable of handling vast amounts of information. Recession or not, Modular Data Centers offer scalability and rapid deployment, making them attractive to mobile network providers and data center colocation providers. Green data centers, with their standard design and cooling systems, are increasingly popular due to their energy efficiency. Big data, AI, cloud computing, 5G infrastructure, Internet of things, and cloud-based solutions are driving the market's growth.

    For more details on other segments, Download Sample Report

    North America Holds a Prominent Position in the Market

    North America is estimated to contribute 30% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The Edge computing trend is driving the growth of the market in the US and Canada, particularly in the BFSI industry. Large enterprises are shifting towards energy-efficient data centers to minimize costs and CAPEX, opting for cloud solutions from hyperscale providers like AWS, Microsoft, and Oracle. As of 2021, the US hosts over 2,670 data centers, making it the global leader. Quicksilver Capital and the World Economic Forum highlight the importance of digital transformation in this context. These offer Scalable data centers for large enterprises, enabling them to meet their computing capacity requirements efficiently.

    To understand geographic trends Download Report Sample

    Market Dynamics and Customer Landscape

    They have emerged as a popular solution for businesses seeking scalability and rapid deployment during times of economic uncertainty, such as a recession. These data centers utilize a modular design, allowing for easy expansion and contraction based on demand. Green data centers, which prioritize energy efficiency, are a key focus in the modular data center market. Mobile network providers and large enterprises are major consumers, as they require cloud-based networking and 5G infrastructure to support digital transformation initiatives. The solutions sub-segment and services segment of the modular data center market are expected to grow significantly, as businesses increasingly turn to cloud-based solutions for their data storage and processing needs. The World Economic Forum has the importance of energy-efficient data centers in reducing carbon emissions and mitigating the environmental impact of digitalization. Quicksilver Capital and other investors have shown interest in the modular data center market, recognizing its potential for innovation and growth. Overall, the modular data center market is poised for expansion, driven by the need for scalable, energy-efficient, and quickly deployable solutions.

    Key Market Driver

    Requirement to reduce complexity of traditional data centers is notably driving market growth. In today's business landscape, enterprises operating a single traditional data center face

  20. U

    U.S. Data Center Market Report

    • archivemarketresearch.com
    doc, pdf, ppt
    Updated Dec 24, 2024
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    Archive Market Research (2024). U.S. Data Center Market Report [Dataset]. https://www.archivemarketresearch.com/reports/us-data-center-market-10418
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    Dec 24, 2024
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    United States
    Variables measured
    Market Size
    Description

    The size of the U.S. Data Center Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX % during the forecast period. The U.S. data center market is a rapidly growing sector driven by the increasing demand for digital storage, cloud computing, and big data processing. As more businesses and individuals rely on digital services, the need for robust data infrastructure has surged. U.S. data centers house vast amounts of data for industries such as finance, healthcare, e-commerce, and entertainment. Such data centers are equipped with advanced technologies, including high-speed internet connections, cooling systems, and security features to ensure efficient and secure operations. The industry is also influenced by the trend of edge computing, where smaller, decentralized data centers are built closer to end-users to reduce latency and improve performance. Other factors influencing the industry include the adoption of cloud services, data privacy regulations, and sustainability concerns. Companies like Amazon Web Services (AWS), Google, and Microsoft are major players in the market. They are all still building out their data center footprints to meet the ever-changing needs of the digital economy.

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Statista (2025). Leading countries by number of data centers 2025 [Dataset]. https://www.statista.com/statistics/1228433/data-centers-worldwide-by-country/
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Leading countries by number of data centers 2025

Explore at:
35 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Mar 21, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2025
Area covered
Worldwide
Description

As of March 2025, there were a reported 5,426 data centers in the United States, the most of any country worldwide. A further 529 were located in Germany, while 523 were located in the United Kingdom. What is a data center? A data center is a network of computing and storage resources that enables the delivery of shared software applications and data. These facilities can house large amounts of critical and important data, and therefore are vital to the daily functions of companies and consumers alike. As a result, whether it is a cloud, colocation, or managed service, data center real estate will have increasing importance worldwide. Hyperscale data centers In the past, data centers were highly controlled physical infrastructures, but the cloud has since changed that model. A cloud data service is a remote version of a data center – located somewhere away from a company's physical premises. Cloud IT infrastructure spending has grown and is forecast to rise further in the coming years. The evolution of technology, along with the rapid growth in demand for data across the globe, is largely driven by the leading hyperscale data center providers.

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