The United States Data Center Market is segmented by Hotspot (Atlanta, Austin, Boston, Chicago, Dallas, Houston, Los Angeles, New Jersey, New York, Northern California, Northern Virginia, Northwest, Phoenix, Salt Lake City), by Data Center Size (Large, Massive, Medium, Mega, Small), by Tier Type (Tier 1 and 2, Tier 3, Tier 4) and by Absorption (Non-Utilized, Utilized). Market Volume in Megawatt (MW) is presented. Key Data Points observed include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity in KM, existing and upcoming submarine cables, rack space utilization, and number of data centers by tier.

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.

The North America Data Center Market is segmented by Data Center Size (Large, Massive, Medium, Mega, Small), by Tier Type (Tier 1 and 2, Tier 3, Tier 4), by Absorption (Non-Utilized, Utilized) and by Country (Canada, Mexico, United States). Market Volume in Megawatt (MW) is presented. Key Data Points observed include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity in KM, existing and upcoming submarine cables, rack space utilization, and number of data centers by tier.

The data center market is estimated to stand at US$ 30.41 billion in 2024. The market is forecasted to exceed a valuation of US$ 117.24 billion by 2034, recording a CAGR of 14.40%. Data center demand is primarily driven by the exponential upsurge in data consumption and data generation by organizations across multiple industries.

Attributes	Details
Estimated Data Center Market Size (2024)	US$ 30.41 billion
Forecasted Market Size (2034)	US$ 117.24 billion
Projected Value CAGR (2024 to 2034)	14.40%

Historical Study on Data Center Market Alongside Future Projections

Attributes	Quantitative Outlook
Data Center Market Size (2023)	US$ 26.83 billion
Historical CAGR (2019 to 2023)	12.70%

Demand Analysis of Data Centers by Region

Countries	Data Center Industry Forecasted CAGR (2024 to 2034)
United States	11.30%
Germany	9.90%
China	15.00%

Data Center Industry Analysis by Segment

Segment	Estimated Market Share in 2024
Hardware	51.80%
Tier 3 Data Center	38.10%

The United States data center market size was valued at USD 50.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 108.2 Billion by 2033, exhibiting a CAGR of 8.9% from 2025-2033. The growing adoption of cloud computing, the increasing demand for edge infrastructure, the rising focus on artificial intelligence (AI)-driven workloads, and the expanding investments in data center facilities are the key factors driving the market growth in this region.

The US Data Center Construction Market report segments the industry into Infrastructure (Electrical Infrastructure, Mechanical Infrastructure, General Construction), Tier Type (Tier-I and -II, Tier-III, Tier-IV), and End User (Banking, Financial Services, and Insurance, IT and Telecommunications, Government and Defense, Healthcare, Other End Users). Five-year historic data and future forecasts are provided.

The U.S. data center power market by investment was valued at USD 8.86 billion in 2023 and is expected to reach USD 17.14 billion by 2029, growing at a CAGR of 11.63%.

Northern Virginia is by far the largest data center market in the United States when measured by total inventory. The region had capacity of around 2,600 megawatts in the first half of 2024, a significant increase on the previous year. The Dallas/Ft. Worth 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 1,540 megawatts of data center capacity under construction as of the second half of 2023, 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 $174 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.

The United States Data Center Rack Market Report is Segmented by Rack Size (Quarter Rack, Half Rack, Full Rack), by End User (IT & Telecommunication, BFSI, Government, and Media & Entertainment). The Market Sizes and Forecasts are Provided in Terms of Volume (Units) for all the Above Segments.

United States data center liquid cooling market size reached USD 759.4 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 3,153.7 Million by 2033, exhibiting a growth rate (CAGR) of 17.1% during 2025-2033​. The increasing demand for data processing and storage, a growing emphasis on energy efficiency and sustainability, the rise of high-performance computing applications, the expansion of edge computing, escalating data traffic, and the need for 24/7 data service availability are some of the major factors stimulating the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
​Market Size in 2024	USD 238.9 Million
​Market Forecast in 2033	USD 346.9 Million
Market Growth Rate (2025-2033)	4.11%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2025-2033​. Our report has categorized the market based on component, data center type, end use, and application.

The U.S. data center construction market size by investment was valued at USD 48.18 billion in 2024 and is expected to reach USD 112.33 billion by 2030, growing at a CAGR of 15.15% during the forecast period.

In 2024, the power capacity of the existing data centers in Northern Virginia was 2.9 gigawatts. Northern Virginia was not only the market with the largest data center inventory in the United States but also the leading market in new data center capacities under construction.

The US Data Center Power Market report segments the industry into Power Infrastructure (Electrical Solution, By Service) and End User (IT and Telecommunication, BFSI, Government, Media and Entertainment, Other End Users). Get five years of historical data alongside five-year market forecasts.

The United States Data Center Market was valued at USD 50.16 Billion in 2023 and is expected to reach USD 91.29 Billion in 2029 with a CAGR of 10.33% during the forecast period.

Pages	88
Market Size	2023: USD 50.16 Billion
Forecast Market Size	2029: USD 91.29 Billion
CAGR	2024-2029: 10.33%
Fastest Growing Segment	BFSI
Largest Market	Northeast
Key Players	1. Amazon.com, Inc. 2. Microsoft Corporation 3. Alphabet Inc. 4. IBM Corporation 5. Oracle Corporation 6. Equinix, Inc. 7. Digital Realty Trust, Inc. 8. Iron Mountain Inc 9. CoreSite Realty Corporation 10. Nippon Telegraph and Telephone Corporation

The United States Data Center Server Market is Segmented by Form Factor (Blade Server, Rack Server, and Tower Server) and by End User (IT and Telecommunication, BFSI, Government, Media and Entertainment, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The report covers US Data Center Market Trends, US Data Center Market Revenue, US Data Center Market Players, US Data Center Market Research Reports, US Data Center Market Outlook.

In 2023, the U.S. Data Center Market value reached $ 103.27 billion, and is projected to surge to $ 158.55 billion by 2030 at a CAGR of 6.3% from 2024 to 2030

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...

The United States data center market size reached approximately USD 18.50 Billion in 2024. The market is projected to grow at a CAGR of 9.50% between 2025 and 2034, reaching a value of around USD 45.85 Billion by 2034.

The global data center market is set to reach a value of US$ 125.7 billion in 2024 and expand swiftly at a CAGR of 12% to end up at US$ 390.4 billion by the year 2034.

Report Attribute	Detail
Data Center Market Size (2024E)	US$ 125.7 Billion
Forecasted Market Value (2034F)	US$ 390.4 Billion
Global Market Growth Rate (2024 to 2034)	12% CAGR
Canada Market Growth Rate (2024 to 2034)	11.9% CAGR
China Market Value (2034F)	US$ 46.4 Billion
North America Market Share (2024E)	31%
East Asia Market Share (2034F)	25%
Key Companies Profiled	IBM Corporation; Google LLC; Equinix, Inc.; AT&T Inc.; Apple Inc.; Cisco Systems Inc.; Alphabet Inc.; Microsoft Corporation; NTT Communications Corporation; Oracle Corporation; SAP SE.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 17.3 Billion
Growth Rate (2024 to 2034)	11.9% CAGR
Projected Value (2034F)	US$ 53.4 Billion

Attribute	Japan
Market Value (2024E)	US$ 8.4 Billion
Growth Rate (2024 to 2034)	13.1% CAGR
Projected Value (2034F)	US$ 28.7 Billion

Category-wise Insights

Attribute	New Data Center
Segment Value (2024E)	US$ 90.5 Billion
Growth Rate (2024 to 2034)	11.4%CAGR
Projected Value (2034F)	US$ 265.5 Billion

Attribute	IT & Telecom
Segment Value (2024E)	US$ 45.2 Billion
Growth Rate (2024 to 2034)	10.7% CAGR
Projected Value (2034F)	US$ 124.9 Billion