Press release
Future of the Data Center Services Market: Trends, Innovations, and Key Forecasts Through 2034
Data Center Services Market
Data Center Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of data center services has experienced swift expansion in the past few years. Projected growth suggests an increase from $74.6 billion in 2024 to $84.23 billion in 2025, a compound annual growth rate (CAGR) of 12.9%. Factors such as amplified digitalization adoption, an increase in the quantity of data centers, robust economic development within emerging markets, and increased demand for cloud computing have contributed to the rise in the past.
Data Center Services Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated quick escalation is on the horizon for the data center services market size. The predicted growth suggests an increase to $151.47 billion in 2029 with a compound annual growth rate (CAGR) of 15.8%. This substantial growth during the forecast period is attributed to various factors such as heightened use of OTT (over-the-top) services, amplified internet penetration, as well as an increase in structured and unstructured data, not to mention booming 5g subscriptions. The forecast period also shows significant trends like advancements in new technology, micro data center services, offsetting traditional centers with hyper-scale data centers powered by clean energy, an emphasis on off-grid data center-as-a-service, plus an increasing number of partnerships and collaborations.
View the full report here:
https://www.thebusinessresearchcompany.com/report/data-center-services-global-market-report
What Are the Drivers Transforming the Data Center Services Market?
The escalating uptake of digital solutions is anticipated to act as a significant catalyst for the expansion of the data center services market. The shift toward digitalization is increasing as there's a pressing requirement for amplified productivity, reduction in operational costs, quicker decision-making, elevated efficiency, technological progress, and other factors. This increased reliance on digital solutions will lead to the production of massive amounts of data that require storage, thereby boosting the need for data centers. Consequently, this will stimulate considerable demand for data center services for establishing, managing, and operating these data centers. For instance, Eurostat, a Luxembourg-based intergovernmental body, reported in December of 2023 that cloud computing services were purchased by 45.2% of EU enterprises, predominantly to support their email systems and store digital files. The number of EU enterprises availing of these cloud services saw a boost of 4.2% in 2023 compared to 2021. Thus, accelerated digital adoption will spur the growth of the data center services market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6886&type=smp
What Long-Term Trends Will Define the Future of the Data Center Services Market?
Major businesses within the data center services market are concentrating on embracing cutting-edge technologies like data center automation platforms. Such platforms are intended to boost operational effectiveness and augment service delivery and customer satisfaction. These complex systems are designed to oversee and simplify data center functions, improving efficiency via task automation and human mistake reduction. They also integrate diverse IT services and management instruments. For example, in September 2024, the Finnish telecom firm, Nokia Corporation, presented the sector's premier data center automation platform developed for the AI era, the Event-Driven Automation platform. This trailblazing solution is designed to remove human mistakes in network functions, considerably lowering network interruptions and service outages. This multi-platform is Kubernetes-based, and adopts an innovative intent-based approach to network automation, inclusive of features like digital twin abilities and GenAI assistance. Moreover, it smoothly integrates with a broad range of IT service handling systems, event alert systems, and cloud management platforms, subsequently reducing operational effort by up to 40% through the simplification of data center lifecycle operations.
Which Segments in the Data Center Services Market Offer the Most Profit Potential?
The data center services market covered in this report is segmented -
1) By Services: Installation And Integration Services, Training Services, Consulting Services, Maintenance And Support, Other Services
2) By Type: Small Data Centers, Medium Data Centers, Large Data Centers
3) By Infrastructure Type: Servers, Storage And Networking
4) By Application: BFSI (Banking, Financial Services And Insurance), Colocation, Energy, Government, Healthcare, IT (Information Technology) And Telecom, Manufacturing, Other Applications
Subsegments:
1) By Installation And Integration Services: Hardware Installation, Software Integration, Network Setup
2) By Training Services: User Training, Technical Training, Certification Programs
3) By Consulting Services: Infrastructure Assessment, Optimization Consulting, Security Consulting
4) By Maintenance And Support: On-Site Support, Remote Support, Preventive Maintenance
5) By Other Services: Disaster Recovery Services, Managed Services, Cloud Services Integration
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6886&type=smp
Which Firms Dominate the Data Center Services Market by Market Share and Revenue in 2025?
Major companies operating in the data center services market include Fujitsu Ltd, Equinix Inc., Cisco Systems Inc, Huawei Technologies Co. Ltd, Capgemini SE, Hewlett Packard Enterprise Company, NTT Communications, Dell Technologies, IBM Corporation, HCL Technologies Limited, CtrlS, ESDS, GPX devlopes, sify technologies, Nxtra data limited, Alibaba Group, Chayora, China Mobile International, Chindata Group, GDS Services, Haoyun Changsheng, Keppel Data Centres, Shanghai Atrium, Tencent, Tenglong Holding Group, ABB Ltd, Interxion, Euclyde Data Centers, STT GDC, Echelon Data Center, NDC Data Centers GmbH, Broadcom Inc, Arista Networks, 4D Data Center, ClusterPower, Linxdatacenter, Infosys Poland, CoreSite LA1 Data Center, Digital Realty 350 E Cermak Data Center, Zenlayer, Cyxtera, Systems-X, ISK Global, Quanam, Ithreex Global, Systemico, Zimmic, Andes Digital, Nournet, Detasad, Mobily, STC, Salam, Gulf Data Hub, Go DC, Gateway Gulf, Nashirnet, MainOne, PCCW Global, Databridge, ONIX Data Centre, IXAfrica, ST Digital, Raxio, N+One, Africa Data Centres, Teraco, Rack Centre Africa.
Which Regions Offer the Highest Growth Potential in the Data Center Services Market?
North America was the largest region in the data center services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6886
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Future of the Data Center Services Market: Trends, Innovations, and Key Forecasts Through 2034 here
News-ID: 4102474 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 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…
