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Historical Year
Forecast Year
The global data centre market is projected to grow at a CAGR of 18% in the 2024-2032 forecast period. Based on specific requirements, multi-cloud services can deploy specific application providers individually.
Global Data Centre Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | XX |
Market Size 2032 | USD Billion | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 18.0% |
CAGR 2024-2032 - Market by Region | Latin America | 19.5% |
CAGR 2024-2032 - Market by Country | India | 21.5% |
CAGR 2024-2032 - Market by Country | China | 19.4% |
CAGR 2024-2032 - Market by Component | Services | 19.7% |
CAGR 2024-2032 - Market by Construction | Rebuild Data Centre | 16.1% |
Market Share by Country 2023 | UK | 4.2% |
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During a regional component failure, multi-cloud architecture often avoids data loss or downtime. It also maintains compliance with safety requirements and meets the requirements of the workload. These attributes lead businesses to adopt these services increasingly more to meet their business requirements, thus, aiding the growth of the data centre market.
A wide group of networking computer servers that companies usually use to store, process, and transmit large amounts of data remotely are called data centre. The data centre market can be segmented into component, IT infrastructure, type, construction, and industry.
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The industry can be broadly categorised on the basis of component into:
Based on IT infrastructure, the industry can be divided as:
The industry can be divided on the basis of type as:
By construction, the industry is bifurcated into:
On the basis of industry, the data centre market is segmented into:
CAGR 2024-2032 - Market by | Country |
India | 21.5% |
China | 19.4% |
USA | 18.4% |
Saudi Arabia | 17.2% |
Germany | 16.7% |
Canada | XX% |
UK | XX% |
France | XX% |
Italy | 14.2% |
Australia | XX% |
Brazil | XX% |
Mexico | XX% |
Japan | 13.3% |
The EMR report looks into the regional markets of data centre like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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The increasing data traffic has intensified the need to update the current communication network, leading providers to invest significantly in 5G testing and launch. Implementing 5G technology would result in improving the existing network infrastructure of the data centre. As a result, the growing implementation of multi-cloud solutions and network upgrades to support 5G would boost the data centre demand over the forecast period.
Edge computing is an architecture of the network where data is stored and processed close to its source. The data processed is close to the client computer, which decreases latency and increases server responsiveness. Originally, edge computing was introduced by SMEs. Nonetheless, it is currently being implemented by large companies due to the growing need for effective and secure data. The rising worldwide information generation has increased the demand for advanced edge platforms in technology. The increase in edge computing deployment will drive demand for edge data centres that will drive the growth of the overall industry.
The report presents a detailed analysis of the following key players in the global data centre market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's five forces.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Component |
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Breakup by IT Infrastructure |
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Breakup by Type |
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Breakup by Construction |
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Breakup by Industry |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Between 2023 and 2028, the market is projected to grow at a CAGR of 18%.
The major drivers expected to aid market growth are the increasing data traffic, growing adoption of multi-cloud architecture, and the upgradation of the existing communication networks.
The key trends guiding the growth of the global data centre market include the growing investment in 5G testing and its deployment, increasing adoption of edge computing, and rapid technological advancements.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading components of data centre in the market are solution and services.
The major IT infrastructure segments in the global data centre market are network, server, and storage.
The significant types of the product in the market include cloud data centre, colocation data centre, enterprise data centre, and hyperscale data centre, among others.
The leading construction segments in the market include new data centre and rebuild data centre.
The significant industries in the data centre market are banking, financial services, and insurance, healthcare, government and defence, manufacturing, IT and telecom, retail, and energy, among others.
The major players in the market are Hewlett Packard Enterprise Company, Cisco Systems Inc, IBM Corporation, Sify Technologies Limited, Dell Technologies Inc, Fujitsu Limited, and Hitachi, Ltd, among others.
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