openPR Logo
Press release

Data Center Market to Expand at a CAGR of 12.29% by 2030

11-15-2024 11:40 AM CET | IT, New Media & Software

Press release from: Market Research Future (MRFR)

Data Center Market

Data Center Market

➤Data Center Market Overview:

The Data Center Market size is projected to grow USD 520.41 Billion by 2030, exhibiting a CAGR of 12.29% during the forecast period 2024 - 2030. The data center market is experiencing robust growth driven by escalating digital transformation initiatives, cloud computing demand, and the surge in global data traffic. Organizations across industries are shifting operations to centralized facilities, ensuring seamless data processing and storage. These hubs are essential for modern business operations, enabling scalability and resilience.

The rise in hybrid and hyperscale data centers has further strengthened the market. Investments in advanced cooling technologies, energy efficiency, and automation are transforming the sector, meeting sustainability goals and driving innovation.

Get a sample PDF of the report at -
https://www.marketresearchfuture.com/sample_request/4721

➤ Market Segmentation:

The market is segmented by type, including hyperscale, enterprise, colocation, and edge data centers. Hyperscale centers dominate, catering to major cloud providers and large-scale enterprises. In contrast, edge data centers are gaining traction for latency-sensitive applications.

Geographically, the market spans North America, Europe, Asia-Pacific, and other regions. Asia-Pacific is the fastest-growing region, fueled by digital economies and expanding IT infrastructure. North America remains a mature market, emphasizing technological advancements and data security.

➤ Market Key Players:

Leading players include,
• Alphabet Inc.
• IBM Corporation
• DuPont Fabros Technology
• Hitachi Ltd
• NTT Communications Corporation
• Cisco System Inc
• CyrusOne

These companies focus on infrastructure development, offering scalable and sustainable solutions to meet growing data needs.

Emerging players like GDS Services and Iron Mountain are carving their niche, emphasizing innovation and regional expansion. Collaborations and mergers among key players are reshaping competitive dynamics, fostering a customer-centric approach.

Buy this Premium Research Report | Immediate Delivery Available at -
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=4721

➤ Recent Developments:

Innovations in data center cooling systems, such as liquid cooling, have been a significant development, reducing energy consumption. Companies are adopting AI for predictive maintenance, enhancing operational efficiency.

Additionally, the industry has witnessed notable mergers, including the acquisition of colocation facilities, consolidating market power. Investments in renewable energy sources, like solar and wind, align with global sustainability initiatives, promoting green data centers.

➤ Market Dynamics:

Rising demand for 5G, IoT, and AI applications drives the need for efficient data centers. The shift to hybrid IT infrastructure underscores the market's evolution, blending on-premises and cloud solutions.

Challenges such as high operational costs and regulatory compliance remain critical. However, advancements in automation, modular construction, and renewable energy integration address these issues, ensuring steady growth.

Browse a Full Report (Including Full TOC, List of Tables & Figures, Chart) -
https://www.marketresearchfuture.com/reports/data-centre-market-4721

➤ Regional Analysis:

North America leads the market, supported by technological advancements and a strong cloud ecosystem. Key cities like Silicon Valley and Dallas are hubs for data center investments.

Asia-Pacific is rapidly emerging, with China, India, and Southeast Asia witnessing exponential growth. Government initiatives for digital transformation and investments in 5G infrastructure boost the region's market potential.

➤ Top Trending Reports:

• Website Builder Tool Market -
https://www.marketresearchfuture.com/reports/website-builder-tool-market-26584

• Active Data Warehousing Market -
https://www.marketresearchfuture.com/reports/active-data-warehousing-market-26427

• AI in VFX Market -
https://www.marketresearchfuture.com/reports/ai-in-vfx-market-26565

• Audio Video Editing Software Market -
https://www.marketresearchfuture.com/reports/audio-video-editing-software-market-24590

• Billing and Invoicing Software Market -
https://www.marketresearchfuture.com/reports/billing-invoicing-software-market-26604

• Candidate Skills Assessment Market -
https://www.marketresearchfuture.com/reports/candidate-skills-assessment-market-26625

• Chip on Submount (CoS) Bounding and Testing Solution Market -
https://www.marketresearchfuture.com/reports/chip-on-submount-bounding-testing-solution-market-26678

• Vehicle to Infrastructure Communication Market -
https://www.marketresearchfuture.com/reports/vehicle-to-infrastructure-communication-market-26744

• Conversation Intelligence Software Market -
https://www.marketresearchfuture.com/reports/conversation-intelligence-software-market-26683

• Epm Market -
https://www.marketresearchfuture.com/reports/epm-market-26491

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Data Center Market to Expand at a CAGR of 12.29% by 2030 here

News-ID: 3738140 • Views:

More Releases from Market Research Future (MRFR)

Tofu Market to Reach USD 2.7 Billion by 2032 at 9.01% CAGR Driven by Rising Plant-Based Food Preferences
Tofu Market to Reach USD 2.7 Billion by 2032 at 9.01% CAGR Driven by Rising Plan …
The global tofu market is poised for substantial growth over the next decade, projected to reach an impressive valuation of USD 2.7 billion by 2032. This expansion reflects a compound annual growth rate (CAGR) of 9.01% from 2024 to 2032, fueled by a surge in consumer demand for plant-based foods and an evolving global food culture. As more consumers seek healthier and sustainable alternatives to animal-based protein sources, tofu has
Plant-Based Food Ingredients Market to Hit USD 40.2 Billion by 2035 at 7.96% CAGR Driven by Health & Sustainability
Plant-Based Food Ingredients Market to Hit USD 40.2 Billion by 2035 at 7.96% CAG …
The global plant-based food ingredients market is witnessing remarkable growth, propelled by an increasing shift in consumer preferences toward healthier and more sustainable food options. According to recent market research by Market Research Future, the market was valued at USD 16.03 billion in 2023 and is projected to reach an impressive USD 40.2 billion by 2035. This growth trajectory is expected to continue at a compound annual growth rate (CAGR)
Semolina Market to Reach USD 2.57 Billion by 2032 at 2.31% CAGR, Driven by Health Trends & Flour Mill Growth
Semolina Market to Reach USD 2.57 Billion by 2032 at 2.31% CAGR, Driven by Healt …
The global semolina market is poised for steady growth over the coming decade, with its valuation expected to reach USD 2.57 billion by 2032. According to the latest Market Research Future analysis, the market was valued at USD 2.12 billion in 2023 and is projected to expand from USD 2.14 billion in 2024 to USD 2.57 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.31% during the
Ginger Extract Market to Reach USD 2.18 Billion by 2034 at 5.4% CAGR Driven by Demand for Natural Ingredients
Ginger Extract Market to Reach USD 2.18 Billion by 2034 at 5.4% CAGR Driven by D …
The global ginger extract market is poised for substantial growth in the coming decade, with a projected valuation of USD 2.18 billion by 2034. According to the latest analysis from Market Research Future, the market was valued at USD 1.29 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2034. This robust growth trajectory is largely fueled by increasing

All 5 Releases


More Releases for Data

Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn. Data Catalog Market Report Scope and Research Methodology The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data. Specialized components backed up by AI and
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to