Data Center Market to Reach USD 711.72 Billion by 2030, Driven by a 26 percentage CAGR Growth

The 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 141.16 Billion in 2023 and the total Data Center revenue is expected to grow at a CAGR of 26% from 2024 to 2030, reaching nearly USD 711.72 Billion by 2030.

𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The data center market refers to physical facilities that house critical applications and data, playing an essential role in the infrastructure of organizations across the globe. These centers comprise a network of computing and storage resources, including routers, firewalls, servers, and switches, designed to provide shared applications and data services. With the increasing reliance on digital operations, many organizations have turned to third-party providers specializing in data center operations, outsourcing their data management. The market has evolved significantly over the years, with large investments made by entities such as pension funds, private equity firms, and infrastructure funds, which have catalyzed its growth and expansion. This shift has been compounded by technological advancements such as cloud computing and the rise of hybrid infrastructures, where businesses blend colocation services with private and public clouds to enhance flexibility, scalability, and operational efficiency.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲 :https://www.maximizemarketresearch.com/request-sample/24271/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:

A key driver of the data center market is the rise of cloud computing and the increasing preference for hybrid cloud infrastructures by businesses worldwide. Cloud services enable companies to scale their operations quickly, offering flexibility in data storage, access, and backup. As businesses continue to rely more on cloud-based solutions for critical functions such as data processing, application hosting, and storage, the need for robust data center infrastructure has grown exponentially. This growth is further fueled by businesses seeking to optimize operations through software-as-a-service (SaaS) platforms and other cloud-based tools, which require high levels of connectivity and performance. The acceleration of digital transformation initiatives by businesses of all sizes is driving the expansion of data center services, positioning the sector for substantial growth in the coming years.

𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

A prominent trend in the data center market is the growing adoption of hyperscale data centers, which are designed to meet the surging demand for cloud computing services and other high-performance applications. Hyperscale data centers are characterized by their massive size, automated operations, and efficient use of power and cooling resources. This trend is driven by the need for businesses to scale their operations rapidly without compromising on performance or reliability. As major cloud service providers expand their infrastructure, they increasingly rely on these large-scale facilities to accommodate vast amounts of data. The growing trend toward automation and AI-driven operations in these facilities also contributes to improving efficiency, reducing operational costs, and enhancing reliability, making hyperscale data centers a central feature in the evolving data center landscape.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 :https://www.maximizemarketresearch.com/inquiry-before-buying/24271/

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐀𝐬𝐢𝐚 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐔𝐒𝐀
𝐕𝐢𝐞𝐭𝐧𝐚𝐦 & 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧
In Southeast Asia, 𝐕𝐢𝐞𝐭𝐭𝐞𝐥 𝐆𝐫𝐨𝐮𝐩 from Vietnam and 𝐓𝐫𝐮𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 in Thailand have emerged as leading forces in the data center sector. 𝐕𝐢𝐞𝐭𝐭𝐞𝐥 recently acquired 𝐅𝐏𝐓 𝐓𝐞𝐥𝐞𝐜𝐨𝐦, expanding its infrastructure capacity and enabling the provision of enhanced cloud services. Meanwhile, 𝐓𝐫𝐮𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 partnered with 𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐥𝐞𝐜𝐨𝐦 to open a joint data center facility in Bangkok, positioning itself for future market expansion.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞'𝐬 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞
Singapore remains a prominent hub for data centers in Asia. 𝐒𝐓𝐓 𝐆𝐃𝐂 and 𝐊𝐞𝐩𝐩𝐞𝐥 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐫𝐞𝐬 have made notable acquisitions, with STT GDC acquiring additional facilities from 𝐀𝐬𝐜𝐞𝐧𝐝𝐚𝐬-𝐒𝐢𝐧𝐠𝐛𝐫𝐢𝐝𝐠𝐞 to expand its footprint across the region. These strategic moves highlight Singapore's growing importance in the global data center landscape.

𝐉𝐚𝐩𝐚𝐧'𝐬 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 & 𝐌&𝐀 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐲
In Japan, the data center market is thriving due to collaborations between 𝐍𝐓𝐓 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐅𝐮𝐣𝐢𝐭𝐬𝐮, which have joined forces to build next-generation data centers focused on 5G and edge computing solutions. The acquisition of 𝐕𝐞𝐫𝐢𝐳𝐨𝐧'𝐬 data center business by Equinix is also a game-changer, significantly boosting Equinix's presence in Japan.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚'𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭
𝐒𝐊 𝐓𝐞𝐥𝐞𝐜𝐨𝐦 has made considerable strides in South Korea's data center market. Their recent acquisition of 𝐋𝐆 𝐔𝐩𝐥𝐮𝐬 data center services enables 𝐒𝐊 𝐓𝐞𝐥𝐞𝐜𝐨𝐦 to expand its data processing and cloud service offerings to global clients. 𝐒𝐚𝐦𝐬𝐮𝐧𝐠 𝐒𝐃𝐒, the technology arm of Samsung, has also made strategic investments in data center infrastructure, focusing on the cloud computing sector.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐛𝐲 𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

𝐀𝐦𝐚𝐳𝐨𝐧 𝐖𝐞𝐛 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 (𝐀𝐖𝐒) has been at the forefront of expansion, with the company continuing to build massive data centers globally. The latest project involves a partnership with 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐑𝐞𝐚𝐥𝐭𝐲 in the USA to build a new cloud data center facility in Northern Virginia, which will cater to the growing demand for cloud services across North America.

𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 has been aggressively expanding its Azure network by adding new data centers in regions such as 𝐄𝐮𝐫𝐨𝐩𝐞, 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜, and 𝐋𝐚𝐭𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚. The company has also announced a multi-billion-dollar investment into green energy initiatives, aiming to power its data centers entirely with renewable energy by 2030.

𝐆𝐨𝐨𝐠𝐥𝐞 𝐂𝐥𝐨𝐮𝐝, a major player in the global cloud industry, recently formed an alliance with 𝐂𝐡𝐢𝐧𝐚'𝐬 𝐁𝐚𝐢𝐝𝐮 to jointly build AI-powered data centers. This partnership is expected to propel the company's footprint in China, allowing it to tap into one of the world's fastest-growing data center markets.

𝐄𝐪𝐮𝐢𝐧𝐢𝐱 continues to solidify its position as a leader in the data center market. The company's recent acquisition of 𝐕𝐞𝐫𝐢𝐳𝐨𝐧'𝐬 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫𝐬 is a major development in the North American market. 𝐄𝐪𝐮𝐢𝐧𝐢𝐱 is now set to expand its reach in new cities while enhancing its cloud capabilities.

In Europe, 𝐈𝐧𝐭𝐞𝐫𝐱𝐢𝐨𝐧-a subsidiary of 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐑𝐞𝐚𝐥𝐭𝐲-has been on an acquisition spree, most recently purchasing 𝐓𝐞𝐥𝐞𝐡𝐨𝐮𝐬𝐞'𝐬 data centers across France and Germany, enhancing its service capabilities across the continent. 𝐈𝐧𝐭𝐞𝐫𝐱𝐢𝐨𝐧 aims to capitalize on the growth of hybrid cloud services and increasing demand for high-performance computing across Europe.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.maximizemarketresearch.com/request-sample/24271/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:

by Type

Traditional
Cloud
Hyperscale

by Deployment

Cloud
On-premise

by Industry

IT & Telecom
BFSI
Energy
Manufacturing
Others

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

North America:
1. Digital Realty
2. Nvidia
3. Oracle
4. Alphabet Inc.
5. IBM Corporation
6. Cisco Systems Inc.
7. Hewlett Packard Enterprise Company
8. Equinix Inc.

Europe:
1. Capgemini SE
2. HCL Technologies Limited
3. Sify Technologies Limited
4. IBM Corporation
5. Cisco Systems Inc.
6. Hewlett Packard Enterprise Company
7. Equinix Inc.
8. Schneider Electric SE
9. Vertiv Co.

Asia Pacific:
1. Fujitsu Ltd
2. Reliance Group
3. Capgemini SE
4. HCL Technologies Limited
5. Sify Technologies Limited
6. Hitachi Ltd
7. Huawei Technologies Co. Ltd

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.maximizemarketresearch.com/market-report/global-data-center-market/24271/

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Market Size and Competitive Landscape
Data Center Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Data Center Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 :

♦ Global Waterproofing Membranes Market https://www.maximizemarketresearch.com/market-report/global-waterproofing-membranes-market/31412/

♦ Global Autonomous Truck Market https://www.maximizemarketresearch.com/market-report/global-autonomous-truck-market/77884/

♦ Global Baby Food Market https://www.maximizemarketresearch.com/market-report/global-baby-food-market/24034/

♦ Global Ovarian Cancer Drugs Market https://www.maximizemarketresearch.com/market-report/global-ovarian-cancer-drugs-market/23883/

♦ Functional Drinks Market https://www.maximizemarketresearch.com/market-report/functional-drinks-market/189755/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.