Data Center Market Size To Grow USD 640.77 Billion by 2032

According to a recent research report titled “Data Center Market (By Component: Solution, Services; By Type: Colocation, Hyperscale, Edge, Others; By Enterprise Size: Large Enterprises, Small & Medium Enterprises (SMEs); By End User: BFSI, IT & Telecom, Government, Energy & Utilities, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global data center market size is projected to touch around USD 640.77 billion by 2032 and growing at a CAGR of 12.10% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the data center market.

Data Center Market Size 2023 To 2032

Key Takeaways

  • North America contributed more than 38% of revenue share in 2022.
  • Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
  • By component, the solution segment has held the largest market share of 68% in 2022.
  • By component, the services segment is anticipated to grow at a remarkable CAGR of 15.1% between 2023 and 2032.
  • By type, the colocation segment generated over 42% of revenue share in 2022.
  • By type, the hyperscale segment is expected to expand at the fastest CAGR over the projected period.
  • By enterprise size, the large enterprises segment generated over 72% of revenue share in 2022.
  • By enterprise size, the small & medium enterprises segment is expected to expand at the fastest CAGR over the projected period.
  • By end-user, the BFSI segment had the largest market share of 37% in 2022.
  • By end-user, the IT & telecom segment is expected to expand at the fastest CAGR over the projected period.

The report primarily focuses on the volume and value of the data center market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.

Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.

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The research also highlights significant progressions in both organic and inorganic growth strategies within the global data center market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the data center market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.

Data Center Market Scope

Report Coverage Details
Growth Rate from 2023 to 2032 CAGR of 12.10%
Market Size in 2023 USD 229.23 Billion
Market Size by 2032 USD 640.77 Billion
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Component, By Type, By Enterprise Size, and By End User
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Also read: Cell Cryopreservation Market Size to Record US$ 60.89 billion by 2032

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Market Key Players

The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the data center market.

Data Center Market Players

  • Equinix, Inc.
  • Digital Realty Trust, Inc.
  • NTT Ltd.
  • Global Switch Ltd.
  • CyrusOne Inc.
  • Interxion: A Digital Realty Company
  • China Telecom Corporation Limited
  • China Unicom (Hong Kong) Limited
  • AT&T Inc.
  • Amazon Web Services, Inc. (AWS)
  • Microsoft Corporation
  • Google LLC
  • IBM Corporation
  • Oracle Corporation
  • Cisco Systems, Inc.

Segments Covered in the Report

By Component

  • Solution
  • Services

By Type

  • Colocation
  • Hyperscale
  • Edge
  • Others

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

By End User

  • BFSI
  • IT & Telecom
  • Government
  • Energy & Utilities
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Table of Content:

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Data Center Market 

5.1. COVID-19 Landscape: Data Center Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Data Center Market, By Component

8.1. Data Center Market, by Component, 2023-2032

8.1.1. Solution

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Services

8.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Data Center Market, By Type

9.1. Data Center Market, by Type, 2023-2032

9.1.1. Colocation

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Hyperscale

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Edge

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Data Center Market, By Enterprise Size 

10.1. Data Center Market, by Enterprise Size, 2023-2032

10.1.1. Large Enterprises

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Small & Medium Enterprises (SMEs)

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Data Center Market, By End User 

11.1. Data Center Market, by End User, 2023-2032

11.1.1. BFSI

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. IT & Telecom

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Government

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. Energy & Utilities

11.1.4.1. Market Revenue and Forecast (2020-2032)

11.1.5. Others

11.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Data Center Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Component (2020-2032)

12.1.2. Market Revenue and Forecast, by Type (2020-2032)

12.1.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.1.4. Market Revenue and Forecast, by End User (2020-2032)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Component (2020-2032)

12.1.5.2. Market Revenue and Forecast, by Type (2020-2032)

12.1.5.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.1.5.4. Market Revenue and Forecast, by End User (2020-2032)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Component (2020-2032)

12.1.6.2. Market Revenue and Forecast, by Type (2020-2032)

12.1.6.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.1.6.4. Market Revenue and Forecast, by End User (2020-2032)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Component (2020-2032)

12.2.2. Market Revenue and Forecast, by Type (2020-2032)

12.2.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.2.4. Market Revenue and Forecast, by End User (2020-2032)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Component (2020-2032)

12.2.5.2. Market Revenue and Forecast, by Type (2020-2032)

12.2.5.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.2.5.4. Market Revenue and Forecast, by End User (2020-2032)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Component (2020-2032)

12.2.6.2. Market Revenue and Forecast, by Type (2020-2032)

12.2.6.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.2.6.4. Market Revenue and Forecast, by End User (2020-2032)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Component (2020-2032)

12.2.7.2. Market Revenue and Forecast, by Type (2020-2032)

12.2.7.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.2.7.4. Market Revenue and Forecast, by End User (2020-2032)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Component (2020-2032)

12.2.8.2. Market Revenue and Forecast, by Type (2020-2032)

12.2.8.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.2.8.4. Market Revenue and Forecast, by End User (2020-2032)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Component (2020-2032)

12.3.2. Market Revenue and Forecast, by Type (2020-2032)

12.3.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.3.4. Market Revenue and Forecast, by End User (2020-2032)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Component (2020-2032)

12.3.5.2. Market Revenue and Forecast, by Type (2020-2032)

12.3.5.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.3.5.4. Market Revenue and Forecast, by End User (2020-2032)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Component (2020-2032)

12.3.6.2. Market Revenue and Forecast, by Type (2020-2032)

12.3.6.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.3.6.4. Market Revenue and Forecast, by End User (2020-2032)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Component (2020-2032)

12.3.7.2. Market Revenue and Forecast, by Type (2020-2032)

12.3.7.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.3.7.4. Market Revenue and Forecast, by End User (2020-2032)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Component (2020-2032)

12.3.8.2. Market Revenue and Forecast, by Type (2020-2032)

12.3.8.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.3.8.4. Market Revenue and Forecast, by End User (2020-2032)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Component (2020-2032)

12.4.2. Market Revenue and Forecast, by Type (2020-2032)

12.4.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.4.4. Market Revenue and Forecast, by End User (2020-2032)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Component (2020-2032)

12.4.5.2. Market Revenue and Forecast, by Type (2020-2032)

12.4.5.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.4.5.4. Market Revenue and Forecast, by End User (2020-2032)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Component (2020-2032)

12.4.6.2. Market Revenue and Forecast, by Type (2020-2032)

12.4.6.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.4.6.4. Market Revenue and Forecast, by End User (2020-2032)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Component (2020-2032)

12.4.7.2. Market Revenue and Forecast, by Type (2020-2032)

12.4.7.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.4.7.4. Market Revenue and Forecast, by End User (2020-2032)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Component (2020-2032)

12.4.8.2. Market Revenue and Forecast, by Type (2020-2032)

12.4.8.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.4.8.4. Market Revenue and Forecast, by End User (2020-2032)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Component (2020-2032)

12.5.2. Market Revenue and Forecast, by Type (2020-2032)

12.5.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.5.4. Market Revenue and Forecast, by End User (2020-2032)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Component (2020-2032)

12.5.5.2. Market Revenue and Forecast, by Type (2020-2032)

12.5.5.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.5.5.4. Market Revenue and Forecast, by End User (2020-2032)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Component (2020-2032)

12.5.6.2. Market Revenue and Forecast, by Type (2020-2032)

12.5.6.3. Market Revenue and Forecast, by Enterprise Size (2020-2032)

12.5.6.4. Market Revenue and Forecast, by End User (2020-2032)

Chapter 13. Company Profiles

13.1. Equinix, Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Digital Realty Trust, Inc.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. NTT Ltd.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Global Switch Ltd.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. CyrusOne Inc.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Interxion: A Digital Realty Company

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. China Telecom Corporation Limited

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. China Unicom (Hong Kong) Limited

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. AT&T Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Amazon Web Services, Inc. (AWS)

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

This report presents a compelling investment opportunity for those interested in the global data center market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for data center. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.

Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.

Some of the key questions answered in this report:       

  • What is the size of the overall Data center market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities and challenges of the Data center market and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Data center market?
  • What is the Data center market size at the regional and country-level?
  • Who are the key market players and their key competitors?
  • What are the strategies for growth adopted by the key players in Data center market?
  • What are the recent trends in Data center market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Data center market growth?
  • What are the key market trends impacting the growth of Data center market?

 

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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