In the second half of 2024, the average monthly per kilowatt rent of data centers in the Silicon Valley in the United States was between 155 U.S. dollars and 250 U.S. dollars. Northern Virginia, which is the market with the largest data center inventory and the most new capacity under construction, had monthly rent between 175 and 225 U.S. dollars.

Renting data center space in the United States has been becoming increasingly pricier since 2021. Fueled by soaring demand due to the rise of artificial intelligence (AI), the average monthly rent per kilowatt increased from 120.36 U.S. dollars in 2021 to 184.06 U.S. dollars in 2024.

The average data center rental cost in Europe in the second half of 2023 declined slightly, after soaring in the same period a year ago. A 10 kW lease cost approximately 450.6 U.S. dollars per kW, up from 307.5 U.S. dollars per kW at the beginning of 2022.

In the first half of 2020, the monthly rental price of a square foot of data center space in the four leading markets in the Asia Pacific region was between 1.1 U.S. dollar per square foot in Tokyo and 3.2 U.S. dollars in Hong Kong.

In the first half of 2020, the rental price of retail colocation space in Hong Kong was between 300 and 350 U.S. dollars per month. Pricing in hyperscale cloud and wholesale colocation was less expensive, with monthly rent between 170 and 200 U.S. dollars for hyperscale, and 230 and 270 U.S. dollars for wholesale colocation. Hyperscale data centers have the largest power requirements and customers are usually a cloud or large tech company. Wholesale and retail colocation, on the other hand, have smaller power requirements.

In the first half of 2020, the rental price of retail colocation space in Sydney, Australia, was between 230 and 280 U.S. dollars per month. Pricing in hyperscale cloud and wholesale colocation was less expensive, with monthly rent between 145 and 160 U.S. dollars for hyperscale, and 175 and 255 U.S. dollars for wholesale colocation. Hyperscale data centers have the largest power requirements and customers are usually a cloud or large tech company. Wholesale and retail colocation, on the other hand, have smaller power requirements.

The size of the Data Center Colocation Market was valued at USD XX USD million in 2023 and is projected to reach USD XXX USD million by 2032, with an expected CAGR of 7.9% during the forecast period. Data center colocation is a service where businesses rent physical space in a third-party data center to house their IT infrastructure, such as servers, storage systems, and networking equipment. Instead of maintaining their own private data centers, companies can take advantage of the colocation provider's facilities, which offer secure environments with advanced features like reliable power supplies, cooling systems, high-speed internet connectivity, and robust physical security. Colocation allows businesses to focus on their core operations while outsourcing the complex tasks of infrastructure management, maintenance, and security to the provider. This service is ideal for companies that need scalable, high-performance infrastructure but want to avoid the costs and responsibilities associated with building and managing their own data center. The growth is primarily driven by increasing demand for cost-effective and scalable data storage and management solutions. The adoption of cloud computing, big data analytics, and the Internet of Things (IoT) is also contributing to the market growth. Key drivers for this market are: Increasing Adoption of Cloud-based Managed Services to Drive Market Growth. Potential restraints include: Misuse of Virtual Currency and Security Attacks Confines the Adoption of Cryptocurrencies. Notable trends are: Growing Implementation of Touch-based and Voice-based Infotainment Systems to Increase Adoption of Intelligent Cars.

In the first half of 2020, the rental price of retail colocation space in Tokyo, Japan, was between 227 and 278 U.S. dollars per month. Pricing in hyperscale cloud and wholesale colocation was less expensive, with monthly rent between 128 and 157 U.S. dollars for hyperscale, and 179 and 218 U.S. dollars for wholesale colocation. Hyperscale data centers have the largest power requirements and customers are usually a cloud or large tech company. Wholesale and retail colocation, on the other hand, have smaller power requirements.

In the first half of 2020, the rental price of retail colocation in Singapore was between 230 and 280 U.S. dollars per month. Pricing in hyperscale cloud and wholesale colocation was less expensive, with monthly costs between 138 and 158 U.S. dollars for the hyperscale, and 175 to 255 U.S. dollars for wholesale colocation. Hyperscale data centers have the largest power requirements and customers are usually a cloud or large tech company. Wholesale and retail colocation, on the other hand, have smaller power requirements.

Taiwan CREI: Office Rent Concession Index: TA: Ren'ai & Dunnan Road data was reported at 92.000 2006-2008=100 in Dec 2010. This stayed constant from the previous number of 92.000 2006-2008=100 for Sep 2010. Taiwan CREI: Office Rent Concession Index: TA: Ren'ai & Dunnan Road data is updated quarterly, averaging 92.000 2006-2008=100 from Mar 2008 (Median) to Dec 2010, with 12 observations. The data reached an all-time high of 100.000 2006-2008=100 in Jun 2008 and a record low of 83.000 2006-2008=100 in Jun 2009. Taiwan CREI: Office Rent Concession Index: TA: Ren'ai & Dunnan Road data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

Graph and download economic data for Hours Worked for Real Estate and Rental and Leasing: General Rental Centers (NAICS 53231) in the United States (IPULN53231L201000000) from 1988 to 2023 about general, leases, rent, NAICS, real estate, hours, and USA.

Load Bank Hire and Rental Services Market size was valued at USD 1.24 Billion in 2023 and is projected to reach USD 3.47 Billion by 2030, growing at a CAGR of 8.5% during the forecast period from 2024-2030.

Global Load Bank Hire and Rental Services Market Drivers

The growth and development of the Load Bank Hire and Rental Services is attributed to certain main market drivers. These factors have a big impact on how Load Bank Hire and Rental Services are demanded and adopted in different sectors. Several of the major market forces are as follows:

Growing Demand for Load Testing: The need for load bank hire and rental services is driven by an increasing understanding of the significance of load testing across many industries, such as data centers, power production, and telecommunications.
Growing Power Infrastructure Investments: The requirement for load banks to test and commission electrical systems is fueled by investments in the infrastructure supporting power generation, particularly renewable energy projects.
Growth of Data Center Facilities: The demand for load bank testing services is increased by the worldwide spread of data centers as well as the requirement to guarantee dependable power supplies and system performance.
Increasing Reliability Requirements: The need for load bank testing services is driven by the requirement for improved electrical and power systems performance and reliability in critical applications.
Growing Adoption of Renewable Energy: As renewable energy sources are incorporated into the electrical grid, there is an increasing need for load bank services to verify the resilience and stability of these systems.
Strict Regulatory Standards: The adoption of load bank services is fueled by adherence to industry guidelines and strict regulatory standards for power system commissioning and testing.
Preventive Maintenance Practices: The use of load banks for routine testing of backup power systems is encouraged by the emphasis on preventive maintenance in a number of industries, including manufacturing and healthcare.
Growth in Power Plant Construction: During the testing stage, the need for load bank hire services is influenced by the ongoing development and commissioning of conventional and renewable power plants.

The cost of renting data center space in the United States has soared since 2020. In 2024, the average asking per kilowatt rose by 12.6 percent, marking the third consecutive year of double-digit increase. Escalating costs for power, labor, and equipment were some of the main reasons for the price increase.

The 2006 Second Edition TIGER/Line files are an extract of selected geographic and cartographic information from the Census TIGER database. The geographic coverage for a single TIGER/Line file is a county or statistical equivalent entity, with the coverage area based on the latest available governmental unit boundaries. The Census TIGER database represents a seamless national file with no overlaps or gaps between parts. However, each county-based TIGER/Line file is designed to stand alone as an independent data set or the files can be combined to cover the whole Nation. The 2006 Second Edition TIGER/Line files consist of line segments representing physical features and governmental and statistical boundaries.

This shapefile represents the current State House Districts for New Mexico as posted on the Census Bureau website for 2006.

Taiwan CREI: Office Listing Rent Index: TA: Minsheng & Jianguo Road data was reported at 95.000 2006-2008=100 in Dec 2010. This records a decrease from the previous number of 96.000 2006-2008=100 for Sep 2010. Taiwan CREI: Office Listing Rent Index: TA: Minsheng & Jianguo Road data is updated quarterly, averaging 98.000 2006-2008=100 from Mar 2008 (Median) to Dec 2010, with 12 observations. The data reached an all-time high of 105.000 2006-2008=100 in Sep 2008 and a record low of 95.000 2006-2008=100 in Dec 2010. Taiwan CREI: Office Listing Rent Index: TA: Minsheng & Jianguo Road data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

Graph and download economic data for Employment for Real Estate and Rental and Leasing: General Rental Centers (NAICS 53231) in the United States (IPULN53231W200000000) from 1987 to 2023 about general, leases, rent, NAICS, real estate, employment, and USA.

Graph and download economic data for Total Revenue for General Rental Centers, All Establishments, Employer Firms (REVEF5323ALLEST) from 1998 to 2022 about employer firms, accounting, revenue, rent, establishments, services, and USA.

Graph and download economic data for All Employees: Financial Activities: General Rental Centers in California (SMU06000005553230001) from Jan 1990 to Dec 2024 about rent, CA, services, employment, and USA.

Taiwan Office Rent Listing Rate: Taipei City Grade A (TA) data was reported at 2,870.000 NTD/Ping in Mar 2018. This records an increase from the previous number of 2,868.000 NTD/Ping for Dec 2017. Taiwan Office Rent Listing Rate: Taipei City Grade A (TA) data is updated quarterly, averaging 2,753.000 NTD/Ping from Mar 2004 (Median) to Mar 2018, with 57 observations. The data reached an all-time high of 2,874.000 NTD/Ping in Sep 2017 and a record low of 2,000.000 NTD/Ping in Mar 2004. Taiwan Office Rent Listing Rate: Taipei City Grade A (TA) data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

Taiwan Office Rent Listing Rate: TA: Ren'ai & Dunnan Road data was reported at 2,614.000 NTD/Ping in Mar 2018. This stayed constant from the previous number of 2,614.000 NTD/Ping for Dec 2017. Taiwan Office Rent Listing Rate: TA: Ren'ai & Dunnan Road data is updated quarterly, averaging 2,614.000 NTD/Ping from Sep 2013 (Median) to Mar 2018, with 19 observations. The data reached an all-time high of 2,631.000 NTD/Ping in Jun 2016 and a record low of 2,536.000 NTD/Ping in Sep 2013. Taiwan Office Rent Listing Rate: TA: Ren'ai & Dunnan Road data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.