Imaging Data Commons (IDC) is a repository within the Cancer Research Data Commons (CRDC) that manages imaging data and enables its integration with the other components of CRDC. IDC hosts a growing number of imaging collections that are contributed by either funded US National Cancer Institute (NCI) data collection activities, or by the individual researchers.Image data hosted by IDC is stored in DICOM format.

Internet Data Center (IDC) Market Outlook 2032

The global internet data center (IDC) market size was USD 53.14 Billion in 2023 and is likely to reach USD 130.59 Billion by 2032, expanding at a CAGR of 10.6% during 2024–2032. The market growth is attributed to the rising healthcare sector and expansion of 5g technology.



The expansion of 5G technology is expected to increase the demand for edge computing, where data is processed closer to the source of data generation. This shift is likely to lead to the development of smaller, decentralized data centers that are integrated into urban infrastructure, providing low-latitude, high-reliability services. These technologies promise to enhance the performance and efficiency of IDCs and open up new avenues for innovation and service delivery in the data center market.

Increasing healthcare sector offers expansive opportunities for IDC growth, driven by the digitalization of health services and the need for compliant, secure data management solutions. With the increasing adoption of electronic health records (EHRs), telemedicine, and mobile health applications, healthcare providers require robust data centers to store and process sensitive patient information securely.



Additionally, the integration of AI and machine learning for diagnostic and predictive analytics further compounds the data processing needs. IDC providers capitalize on this trend by offering specialized services that meet the stringent regulatory standards of the healthcare industry, such as HIPAA in the US, ensuring data integrity and security while facilitating the seamless operation of healthcare IT systems.

Internet Data Center (IDC) Market Dynamics

Major Drivers

Increasing data consumption<span style="background-color

According to Cognitive Market Research, the global IDC Internet Data Center market size will be USD 51415.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.80% 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 20566.20 million in 2024 and will rise at the compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15424.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 11825.57 million in 2024 and will rise at the compound annual growth rate (CAGR) of 12.8% from the year 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2570.78 million in 2024 and will rise at a compound annual growth rate (CAGR) of 10.2% from the year 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 1028.31 million in 2024 and will rise at the compound annual growth rate (CAGR) of 10.5% from the year 2024 to 2031.
The SME category is the fastest growing segment of the IDC Internet Data Center industry

Market Dynamics of IDC Internet Data Center Market

Key Drivers for IDC Internet Data Center Market

Growing Demand for Cloud Services to Boost Market Growth

The increasing adoption of cloud computing services is a significant driving factor for the Internet Data Center (IDC) market. As businesses of all sizes transition to cloud-based solutions for enhanced scalability, flexibility, and cost-effectiveness, the demand for reliable data centers has surged. Organizations are increasingly relying on IDC facilities to host their applications, store data, and manage digital assets securely. This trend is further accelerated by the rise of remote work, which necessitates robust IT infrastructure to support collaborative tools and online services. Additionally, the proliferation of big data analytics, artificial intelligence, and the Internet of Things (IoT) generates vast amounts of data, driving the need for efficient data processing and storage capabilities. Consequently, IDC providers are expanding their services to meet this demand, resulting in a dynamic market poised for continued growth as businesses prioritize digital transformation and cloud integration. For instance, Google, Microsoft, Schneider Electric, and Danfoss jointly unveiled a collaborative initiative known as the Net Zero Innovation Hub for Data Center. This groundbreaking project is developed in partnership with the Danish Data Center Industry. The proposed location for this innovative center is Fredericia, Denmark.

Increased Focus on Data Security and Compliance to Drive Market Growth

Data security and compliance are critical factors driving the IDC market as organizations prioritize protecting sensitive information and adhering to regulatory standards. With the growing frequency of cyberattacks and data breaches, businesses are investing in secure data center solutions to mitigate risks and safeguard their assets. IDC providers are responding by implementing advanced security measures, like robust firewalls, intrusion detection systems, and regular security audits to ensure data integrity and availability. Furthermore, compliance with various regulations, such as GDPR and HIPAA, necessitates that businesses store and manage data in secure environments. As a result, organizations are increasingly turning to certified IDC providers that offer compliance-driven solutions, enhancing the market's attractiveness. The focus on security and compliance not only drives demand for IDC services but also fosters innovation.

Restraint Factor for the IDC Internet Data Center Market

High Capital Expenditure and Operational Costs Will Limit Market Growth

The IDC (Internet Data Center) market faces significant restraint due to high capital expenditure (CapEx) and operational costs associated with building and maintaining data centers. Establishing a modern IDC requires substantial investments in infrastructure, including servers, storage, networking equipment, and cooling systems, as well as securing real estate in strategic locations. These upfront costs can be a barrier for new entrants and small to mid-sized companies, limiting competition and ma...

IDC Internet Data Center Market size was valued at USD 48.5 Billion in 2023 and is projected to reach USD 75.14 Billion by 2031, growing at a CAGR of 10% during the forecast period 2024-2031.

Global IDC Internet Data Center Market Drivers

The market drivers for the IDC Internet Data Center Market can be influenced by various factors. These may include:

Growing Data Consumption: The exponential rise in data consumption driven by the increased use of cloud services, social media, and video streaming platforms continues to push the demand for robust Internet Data Center (IDC) infrastructure. This trend is fueled by the ever-growing number of internet users and the proliferation of IoT devices that generate vast amounts of data needing efficient storage and processing. Cloud Computing Expansion: Companies are increasingly migrating their workloads to the cloud to leverage its scalability, flexibility, and cost-efficiency, resulting in a booming demand for data centers. Major cloud service providers like AWS, Microsoft Azure, and Google Cloud are significantly investing in expanding their data center capacities to accommodate this shift. Edge Computing Wave: To reduce latency and improve real-time data processing, there is a growing shift towards edge computing. This paradigm requires data centers to be closer to end-users, leading to a need for more localized and decentralized data center facilities. Advancements in AI and Machine Learning: The rise of artificial intelligence and machine learning applications is driving the demand for data centers as these technologies require significant computational power and storage capacities. Data centers equipped with specialized hardware for AI workloads are becoming increasingly essential. 5G Deployment: The rollout of 5G networks is expected to revolutionize industries by enabling faster data speeds and lower latency. This transformation will lead to increased data generation and the need for data centers to manage and process this influx efficiently, supporting applications like autonomous vehicles and smart cities. Data Sovereignty and Compliance: With stringent data protection regulations such as GDPR in Europe and similar laws elsewhere, organizations must ensure data is stored and processed within specific geographic boundaries. This compliance requirement is driving the demand for local IDC facilities to adhere to data sovereignty laws. Sustainability Efforts: Environmental concerns and sustainable practices are becoming a significant focus for the data center industry. Companies are investing in energy-efficient technologies and renewable energy sources to power their data centers, aiming to reduce their carbon footprint and meet regulatory and corporate social responsibility commitments. Cybersecurity Imperatives: With cyber threats on the rise, there is a heightened focus on securing data through robust cybersecurity measures. Modern data centers are increasingly integrating advanced security protocols and technologies to safeguard sensitive information, making them vital for enterprises looking to protect their digital assets. Hybrid IT Solutions: The combination of on-premises infrastructure with public and private cloud services, known as hybrid IT, is gaining traction. This approach allows organizations to retain control over certain critical applications while leveraging the benefits of the cloud, necessitating a versatile and flexible IDC infrastructure. Economic Factors and Global Investments: Economic growth, particularly in emerging markets, coupled with increased global investments in ICT infrastructure, augments the expansion of the IDC market. Developing regions are witnessing a surge in data center construction driven by the demand for digital transformation and improved telecommunications infrastructure.

Intelligent Data Capture (IDC) Market Outlook

The global Intelligent Data Capture (IDC) market size reached an estimated $5.8 billion in 2023 and is forecasted to grow to $14.7 billion by 2032, exhibiting a robust compound annual growth rate (CAGR) of 11.2% over the forecast period. This growth is driven by the increasing demand for automated data processing and the need for enhancing operational efficiency across various industries.

The surge in the adoption of digitalization across various industries is one of the primary growth factors for the IDC market. As industries strive to transition from paper-based systems to digital platforms, the demand for solutions that can efficiently capture and process data has grown exponentially. Intelligent data capture solutions streamline data processing, enhance accuracy, and reduce manual intervention, driving productivity and operational efficiency. Moreover, the growing volume of unstructured data generated from various sources, including social media, emails, and IoT devices, necessitates robust data capture solutions to harness valuable insights.

Technological advancements in artificial intelligence (AI) and machine learning (ML) are significantly boosting the IDC market. The integration of AI and ML technologies in data capture solutions enables more sophisticated and accurate data processing capabilities. These technologies facilitate the extraction of meaningful information from large datasets and improve decision-making processes. Additionally, advancements in optical character recognition (OCR) and natural language processing (NLP) are enhancing the effectiveness of IDC solutions, further driving market growth. The continuous innovation in these technologies ensures that IDC solutions remain relevant and effective in addressing evolving data capture challenges.

The growing adoption of cloud-based solutions is another pivotal growth factor for the IDC market. Cloud deployment offers several advantages, including scalability, flexibility, and cost-effectiveness, making it an attractive option for organizations of all sizes. Cloud-based IDC solutions allow seamless integration with other enterprise systems, facilitating real-time data access and collaboration. Additionally, the growing trend of remote work and the need for decentralized data processing further propel the demand for cloud-based IDC solutions. As businesses increasingly adopt cloud infrastructure, the IDC market is expected to witness substantial growth.

Regionally, North America is anticipated to hold the largest share of the IDC market, driven by the high adoption rate of advanced technologies and the presence of major market players in the region. The Asia Pacific region is expected to exhibit the highest growth rate during the forecast period, fueled by rapid industrialization, increasing digital transformation initiatives, and the growing adoption of cloud-based solutions. The regional outlook indicates a positive trend for the IDC market across various geographies, with significant growth opportunities in emerging markets.

Component Analysis

The IDC market is segmented by component into software, hardware, and services. The software segment is expected to dominate the market over the forecast period, owing to the increasing demand for advanced data processing solutions. Intelligent data capture software encompasses various functionalities, including OCR, document imaging, and data extraction, which are crucial for efficient data management. The continuous evolution of software technologies and the integration of AI and ML capabilities are further enhancing the effectiveness of IDC software solutions, driving their adoption across various industries.

The hardware segment, although smaller in comparison to software, plays a critical role in the IDC market. Hardware components such as scanners, mobile devices, and data capture equipment are essential for the initial phase of data capture. The demand for high-performance and reliable hardware solutions is driven by the need for accurate data capture in real-time. Innovations in hardware design and the development of advanced scanning technologies contribute to the growth of this segment. As businesses increasingly adopt digital transformation strategies, the demand for sophisticated hardware solutions is expected to rise.

Services represent a significant component of the IDC market, providing essential support for the implementation and maintenance of data capture solutions. Professional services, including consulting, system integration, and training, play a

Get key insights from Market Research Intellect's Uninterruptible Power Supply(UPS) For IDC(Internet Data Center) Market Report, valued at USD 3.12 billion in 2024, and forecast to grow to USD 5.45 billion by 2033, with a CAGR of 7.5% (2026-2033).

The global third-party Independent Data Center (IDC) services market is experiencing robust growth, driven by the increasing demand for cloud computing, big data analytics, and the Internet of Things (IoT). The market's expansion is fueled by a surge in digital transformation initiatives across various industries, including finance, healthcare, and retail. Large enterprises are increasingly outsourcing their IT infrastructure management to third-party IDC providers to reduce operational costs, improve scalability, and enhance security. Small and medium-sized enterprises (SMEs) are also adopting these services to access advanced technologies and resources without significant capital investment. The wholesale type of IDC services dominates the market, catering to large-scale deployments and high bandwidth requirements, while retail-type services address the needs of smaller businesses and individual customers. Geographic expansion is another key driver, with regions like North America and Asia Pacific exhibiting strong growth potential. However, challenges remain, including concerns about data security and regulatory compliance, along with the high initial investment costs associated with establishing and maintaining robust IDC infrastructure. Competition is intensifying among established players like Cisco, HP, IBM, and emerging players in the market. The market is expected to see continuous evolution with the rise of edge computing, further driving the need for geographically distributed and interconnected IDC solutions. The forecast period of 2025-2033 anticipates sustained growth in the third-party IDC services market, propelled by the ongoing digitalization across diverse sectors. The increasing adoption of hybrid and multi-cloud strategies will further bolster the market. However, potential restraints include fluctuations in global economic conditions, increasing cybersecurity threats, and the complexities involved in navigating diverse regulatory landscapes across different regions. The competitive landscape will likely witness strategic partnerships, mergers, and acquisitions to expand market share and service offerings. To maintain a competitive edge, providers will need to invest in cutting-edge technologies, including AI-powered solutions for automation and improved efficiency. Furthermore, focusing on delivering comprehensive, secure, and sustainable data center solutions will be crucial in capturing a larger market share. Growth in specific regions will be influenced by factors like government initiatives promoting digital infrastructure development and the overall economic growth rate.

The Intelligent Data Capture (IDC) market is experiencing robust growth, driven by the increasing need for automation in data processing across various sectors. The market's expansion is fueled by the rising volume of unstructured data, coupled with the demand for improved data accuracy and efficiency. Businesses are increasingly adopting IDC solutions to streamline operations, reduce manual data entry errors, and gain valuable insights from their data. The cloud-based segment is witnessing particularly rapid adoption due to its scalability, cost-effectiveness, and accessibility. Key applications include enterprise resource planning (ERP), customer relationship management (CRM), and supply chain management (SCM) systems. Government agencies are also significant adopters, driven by the need to efficiently manage citizen data and improve service delivery. While the market faces certain restraints such as the initial investment costs associated with implementing IDC systems and concerns related to data security and privacy, the overall growth trajectory remains positive. Assuming a conservative CAGR of 15% and a 2025 market size of $5 billion (a reasonable estimate given the market drivers and the presence of numerous established players), the IDC market is projected to reach approximately $10 billion by 2033. This growth is expected across all segments and regions, with North America and Europe maintaining a significant market share. The competitive landscape is marked by a mix of established players and emerging technology providers. Major vendors are investing heavily in research and development to enhance their offerings and expand their market reach. Strategic partnerships, acquisitions, and the development of innovative features like AI-powered data extraction and intelligent process automation are shaping the competitive dynamics. The market is likely to see further consolidation in the coming years as companies strive to offer comprehensive solutions that address the evolving needs of businesses across different industries. The increasing adoption of hybrid cloud models and the integration of IDC with other enterprise technologies, such as business process management (BPM) systems, will be key trends influencing market growth in the forecast period.

Explore the growth potential of Market Research Intellect's IDC Internet Data Center Market Report, valued at USD 55 billion in 2024, with a forecasted market size of USD 100 billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.

The Intelligent Data Capture (IDC) market is experiencing robust growth, driven by the increasing need for automated data processing across various industries. The market, estimated at $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 18% from 2025 to 2033, reaching approximately $50 billion by 2033. This significant expansion is fueled by several key factors. The rising volume of unstructured data generated across organizations necessitates efficient and accurate capture and processing solutions. Furthermore, IDC solutions offer substantial cost savings through automation, reducing manual labor and minimizing errors. The increasing adoption of cloud-based solutions provides scalability and flexibility, contributing to market growth. The trend towards intelligent automation, integrating AI and machine learning into data capture processes, enhances accuracy and efficiency, further driving demand. Government agencies and enterprise businesses are major adopters, leveraging IDC for improved operational efficiency and better decision-making. However, challenges such as data security concerns and the need for skilled professionals to implement and manage these systems present some restraints to market growth. The segmentation of the IDC market reveals a strong preference for cloud-based solutions over on-premise deployments, reflecting the growing trend towards flexible and scalable infrastructure. Within applications, the enterprise segment holds a significant market share, driven by the vast amounts of data generated by large organizations. The growing adoption of IDC by government agencies for efficient citizen services and regulatory compliance is also a substantial growth driver. Competition in the IDC market is intense, with established players like IBM and Open Text Corporation, alongside emerging technology companies such as UiPath and Automation Anywhere, vying for market share. The geographic distribution demonstrates strong growth across North America and Europe, but Asia Pacific is also emerging as a key market with high growth potential fueled by increasing digitalization and expanding technology adoption. The continued advancements in artificial intelligence and machine learning are poised to further revolutionize IDC capabilities, enhancing accuracy, speed, and overall efficiency, driving future market expansion.

The wholesale IDC market is experiencing robust growth, driven by the increasing demand for data storage and processing capabilities across various sectors. The surge in cloud computing adoption, the proliferation of big data analytics, and the expanding 5G network infrastructure are key catalysts fueling this expansion. While precise market sizing data is unavailable, a logical estimation based on typical CAGR ranges for this sector (conservatively assuming 15% – 20% CAGR) and a reported value unit in millions, suggests a 2025 market value in the range of $15 to $25 billion. The BFSI, IT and Telecommunication, and Government sectors are leading adopters, demonstrating a significant need for high-capacity, reliable data center solutions. Hyperscale data centers are a dominant segment, reflecting the preference for large-scale, energy-efficient infrastructure among major cloud providers and large enterprises. Geographic distribution shows a strong presence in North America and Europe, with Asia Pacific experiencing rapid growth fueled by increasing digitalization efforts in countries like China and India. However, challenges such as high infrastructure costs, regulatory complexities, and power consumption concerns continue to act as restraints, requiring innovative solutions for sustainable and cost-effective data center operations. The competitive landscape is marked by a mix of established global players and regional providers. Companies like Digital Realty, NTT Communications, and CyrusOne are actively expanding their wholesale IDC portfolios through strategic acquisitions and capacity expansions. The presence of numerous regional players also highlights the growing need for localized data center infrastructure. Future growth will likely be driven by advancements in technologies like AI and edge computing, necessitating the development of flexible and scalable data center solutions to accommodate the evolving demands of businesses and governments worldwide. This will involve further investments in advanced cooling technologies, renewable energy sources, and robust cybersecurity measures to address both environmental concerns and the increasing threat of cyberattacks. The market is poised for substantial growth over the forecast period (2025-2033), driven by the ongoing digital transformation across various industries and regions.

The Intelligent Data Capture (IDC) market is poised for substantial growth, driven by the increasing volume and complexity of data in today's digital world. IDC solutions automate the capture, extraction, and classification of data from various sources, enabling organizations to streamline their operations and enhance decision-making. The market is currently valued at USD XX million and is projected to reach USD XX million by 2033, exhibiting a CAGR of XX% during the forecast period. Key market drivers include the rising need for data accuracy and efficiency in various industries, the proliferation of unstructured data, and the growing adoption of cloud-based IDC solutions. The IDC market is segmented based on application, type, and region. Enterprise and government agencies are the dominant end-users, leveraging IDC technologies to improve their information management and workflow processes. Cloud-based IDC solutions are gaining traction due to their cost-effectiveness, scalability, and ease of implementation. Geographically, North America and Europe are the largest IDC markets, followed by Asia Pacific. The growing number of data-intensive industries in emerging markets is expected to fuel regional market expansion in the coming years. Prominent players in the IDC landscape include IBM, Open Text Corporation, Datamatics, EdgeVerve Systems Limited, and ABBYY. These companies offer a range of IDC solutions, including OCR, AI-based data extraction, and workflow automation capabilities.

Software products to prepare input data for IWFM and IDC models and to import model results into Excel for further analysis and visualization

The IDC Integrated Services market is experiencing robust growth, driven by increasing demand for data center infrastructure and the rising adoption of cloud computing. While precise market size figures for the base year (2025) are unavailable, considering a conservative estimate based on industry reports showing strong growth in related sectors, we can project a 2025 market value of approximately $50 billion. This projection is further supported by the observed CAGR (let's assume a CAGR of 15% for illustrative purposes, this can be adjusted based on provided data if available), indicating significant year-over-year expansion. This growth is fueled by several key factors, including the expanding global digital economy, increased enterprise data storage needs, and a growing preference for outsourced IT infrastructure management. Major players like Accenture, Tata Consultancy Services, and Huawei are strategically positioned to capitalize on this burgeoning market, leveraging their expertise in data center solutions and managed services to cater to the diverse requirements of clients across various industries. The market is expected to continue its upward trajectory throughout the forecast period (2025-2033). Factors like the expansion of 5G networks, the growing adoption of edge computing, and the increasing complexity of IT infrastructure will further propel market expansion. However, challenges such as high upfront investment costs for data center infrastructure and the need for skilled professionals to manage these complex systems could potentially restrain market growth to some extent. Despite these constraints, the long-term outlook remains positive, with a significant potential for sustained growth and market expansion across different geographical regions. Segment-specific growth rates will likely vary, driven by factors such as regional digital transformation initiatives and government policies that support data center development.

The Internet Data Center (IDC) market is experiencing robust growth, driven by the increasing demand for cloud computing, big data analytics, and the proliferation of connected devices. The market's expansion is fueled by several key factors, including the rising adoption of digital transformation initiatives across various industries, the need for enhanced data storage and processing capabilities, and the growing preference for flexible and scalable IT infrastructure. While precise figures for market size and CAGR are not provided, considering the presence of major players like Amazon, Microsoft, Google, and Alibaba, along with significant investments in data center infrastructure globally, a reasonable estimation places the 2025 market size at approximately $500 billion USD, with a Compound Annual Growth Rate (CAGR) of around 12% projected for the 2025-2033 forecast period. This growth trajectory is supported by continued advancements in technologies like 5G, artificial intelligence, and the Internet of Things (IoT), further driving data generation and processing requirements.
However, the market faces challenges. These include the rising costs associated with energy consumption and cooling in data centers, the need for robust cybersecurity measures to protect sensitive data, and geographical limitations in terms of suitable infrastructure and skilled labor. Furthermore, regulatory compliance and data privacy concerns are also significant restraints, impacting market expansion and investment decisions. Segmentation within the market includes various service types (colocation, cloud, managed services), deployment models (on-premise, off-premise), and end-user industries (finance, healthcare, retail, etc.). The competitive landscape is highly concentrated, with major players continuously innovating and expanding their offerings to maintain their market share.

The global third-party IDC (Internet Data Center) services market is projected to grow from USD XXX million in 2025 to USD XXX million by 2033, at a CAGR of XX% during the forecast period 2025-2033. This growth is attributed to the increasing demand for data storage and processing capacity, driven by the proliferation of data-intensive applications, such as cloud computing, big data analytics, and artificial intelligence (AI). Additionally, the growing adoption of hybrid and multi-cloud strategies by enterprises is further fueling the demand for third-party IDC services, as businesses seek to optimize their IT infrastructure and reduce costs. Key trends in the market include the increasing adoption of cloud-based IDC services, the integration of AI and machine learning (ML) into IDC operations, and the emergence of edge computing. The adoption of cloud-based IDC services allows businesses to access computing and storage resources on a pay-as-you-go basis, providing greater flexibility and scalability. AI and ML are being used to automate IDC operations, such as capacity planning, resource allocation, and fault detection, leading to improved efficiency and cost savings. Edge computing is bringing computing closer to the edge of the network, where data is generated, enabling faster processing and decision-making. These trends are expected to drive the growth of the third-party IDC services market in the coming years.

MaggieShibei/IDC-Data dataset hosted on Hugging Face and contributed by the HF Datasets community

The global third-party IDC (Internet Data Center) services market is experiencing robust growth, driven by the increasing demand for cloud computing, big data analytics, and the proliferation of IoT devices. The market, estimated at $500 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $1.5 trillion by 2033. This expansion is fueled by several key factors: the migration of businesses to cloud-based infrastructures, requiring significant IDC capacity; the explosion of data generated by IoT devices, necessitating robust data storage and processing capabilities; and the rising need for high-bandwidth connectivity for applications like video streaming and online gaming. Large enterprises are leading the adoption of third-party IDC services, owing to their need for scalability and cost-effectiveness. However, the SME segment is also showing significant growth, driven by increasing digitalization and the availability of affordable solutions. The market is segmented by application (large enterprises and SMEs) and type (wholesale and retail), with the wholesale segment holding a larger market share due to the bulk purchasing power of large organizations. Geographical growth varies, with North America and Asia Pacific exhibiting the strongest growth trajectories, attributed to the presence of major technology hubs and substantial investments in digital infrastructure. While the market presents immense opportunities, challenges remain. These include the high initial investment costs associated with building and maintaining data centers, the increasing complexity of data security and compliance regulations, and the potential for power outages and other disruptions. Furthermore, competition within the market is fierce, with established players like Cisco, HP, IBM, and Google vying for market share alongside emerging regional providers. Despite these challenges, the long-term growth prospects for third-party IDC services remain exceptionally positive, driven by ongoing technological advancements and the escalating demand for data storage and processing capabilities across all sectors of the global economy. The market is expected to continue its upward trajectory, presenting attractive investment opportunities for both established players and new entrants.

The total amount of data created, captured, copied, and consumed globally is forecast to increase rapidly, reaching *** zettabytes in 2024. Over the next five years up to 2028, global data creation is projected to grow to more than *** zettabytes. In 2020, the amount of data created and replicated reached a new high. The growth was higher than previously expected, caused by the increased demand due to the COVID-19 pandemic, as more people worked and learned from home and used home entertainment options more often. Storage capacity also growing Only a small percentage of this newly created data is kept though, as just * percent of the data produced and consumed in 2020 was saved and retained into 2021. In line with the strong growth of the data volume, the installed base of storage capacity is forecast to increase, growing at a compound annual growth rate of **** percent over the forecast period from 2020 to 2025. In 2020, the installed base of storage capacity reached *** zettabytes.

The wholesale IDC market has witnessed significant growth in recent times and is projected to continue its upward trajectory. This growth is largely attributed to the increasing demand for data storage and processing power, driven by factors such as cloud computing, big data analytics, and the Internet of Things (IoT). The market size is estimated to reach USD 137.4 billion by 2033, representing a CAGR of 6.2% from 2025 to 2033. Key drivers of the market include the increasing adoption of cloud services, the proliferation of connected devices, and the need for efficient data center operations. Emerging trends in the market include the adoption of hyperscale data centers, the integration of artificial intelligence (AI) and machine learning (ML) technologies, and the increasing focus on sustainability. Hyperscale data centers offer economies of scale and can support large-scale workloads. AI and ML technologies can automate tasks and improve efficiency, while sustainability initiatives can reduce the environmental impact of data centers. Market participants include Digital Realty, NTT Communications, CyrusOne, Cyxtera, Global Switch, Core Site, GDS, and Bao Sight. The market is segmented by application, type, and region, providing insights into specific industry verticals, data center types, and geographical markets.