UNITED STATES DATA CENTER MARKET SIZE & SHARE ANALYSIS – GROWTH TRENDS & FORECASTS (2024

Market Snapshot

The United States Data Center Market is segmented by hotspot (Atlanta, Austin, Boston, Chicago, Dallas, Houston, Los Angeles, New Jersey, New York, Northern California, Northern Virginia, Northwest, Phoenix, Salt Lake City), data center size (large, massive, medium, mega, small), tier type (Tier 1 and 2, Tier 3, Tier 4), and absorption (non-utilized, utilized). Key data points observed include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity, existing and upcoming submarine cables, rack space utilization, and the number of data centers by tier.

Market Overview

The United States Data Center Market is experiencing significant growth driven by the increasing adoption of 5G, the rise in data consumption, and the expansion of digital services. Major hotspots such as Northern Virginia, Northern California, and Dallas are witnessing substantial investments in large-scale data centers.

Key Market Trends

Increase in Smartphone Usage: The rise in smartphone adoption and the rollout of 5G technology are driving demand for data centers to manage and process the growing data traffic.
Advancements in Network Technology: The phase-out of 2G and 3G networks and the widespread adoption of 4G and 5G are enhancing data speeds and connectivity, leading to increased data center requirements.
Digital Transformation: The growing digitalization of businesses and services is boosting the need for robust data center infrastructure to handle large volumes of data.

Competitive Landscape

The United States Data Center Market is fragmented, with numerous key players focusing on expanding their facilities and adopting advanced technologies. Strategic partnerships and significant investments are shaping the competitive landscape.

Major Players

CoreSite (American Tower Corporation): A leading provider of data center solutions, known for its extensive network and high-performance infrastructure.
Databank Holdings Ltd: Specializes in data center services, offering colocation, cloud, and managed services across multiple locations.
Digital Realty Trust, Inc.: Provides comprehensive data center solutions, trusted by major cloud providers and enterprises.
Equinix, Inc.: A global data center operator, offering interconnection and colocation services to a wide range of industries.
NTT Ltd: Known for its extensive network and innovative data center solutions, catering to various industries’ needs.

Recent Developments

February 2023: H5 Data Centers announced the expansion of Southern Telecom to its data center in Atlanta, Georgia, enhancing low-latency fiber optic network services.
December 2022: DigitalBridge Group, Inc. and IFM Investors completed the acquisition of Switch, Inc. for approximately USD 11 billion, including debt repayment.
October 2022: Flexential announced the availability of three additional data centers in Charlotte, Nashville, and Louisville, increasing its hybrid IT capacity to over 220MW across 40 data centers.

Table of Content

1. INTRODUCTION

1.1. Study Assumptions & Market Definition

1.2. Scope of the Study

1.3. Research Methodology

1.3.1. Secondary Research

1.3.2. Primary Research

1.4. Executive Summary & Key Findings Report

1.5. Global Overview

1.5.1. Porter’s Five Forces Framework

1.5.2. Global Value Chain Analysis

1.5.3. Global Market Size and Drivers, Restraints, and Opportunities

2. MARKET OUTLOOK

2.1. IT Load Capacity

2.2. Raised Floor Space

2.3. Colocation Revenue

2.4. Installed Racks

2.5. Rack Space Utilization

2.6. Submarine Cable

3. KEY INDICATIVE METRICS

3.1. Smartphone Users

3.2. Data Traffic Per Smartphone

3.3. Mobile Data Speed

3.4. Broadband Data Speed

3.5. Fiber Connectivity Network

3.6. Regulatory Framework

3.6.1. United States

3.7. Value Chain & Distribution Channel Analysis

4. MARKET SEGMENTATION (INCLUDES MARKET SIZE, FORECASTS AND ANALYSIS OF GROWTH PROSPECTS)

4.1. Hotspot

4.1.1. Atlanta

4.1.2. Austin

4.1.3. Boston

4.1.4. Chicago

4.1.5. Dallas

4.1.6. Houston

4.1.7. Los Angeles

4.1.8. New Jersey

4.1.9. New York

4.1.10. Northern California

4.1.11. Northern Virginia

4.1.12. Northwest

4.1.13. Phoenix

4.1.14. Salt Lake City

4.1.15. Rest of United States

4.2. Data Center Size

4.2.1. Large

4.2.2. Massive

4.2.3. Medium

4.2.4. Mega

4.2.5. Small

4.3. Tier Type

4.3.1. Tier 1 and 2

4.3.2. Tier 3

4.3.3. Tier 4

4.4. Absorption

4.4.1. Non-Utilized

4.4.2. Utilized

4.4.2.1. By Colocation Type

4.4.2.1.1. Hyperscale

4.4.2.1.2. Retail

4.4.2.1.3. Wholesale

4.4.2.2. By End User

4.4.2.2.1. BFSI

4.4.2.2.2. Cloud

4.4.2.2.3. E-Commerce

4.4.2.2.4. Government

4.4.2.2.5. Manufacturing

4.4.2.2.6. Media & Entertainment

4.4.2.2.7. Telecom

4.4.2.2.8. Other End User

5. COMPETITIVE LANDSCAPE

5.1. Market Share Analysis

5.2. Company Landscape

5.3. Company Profiles

5.3.1. CoreSite (America Tower Corporation)

5.3.2. CyrusOne Inc.

5.3.3. Cyxtera Technologies

5.3.4. Databank Holdings Ltd

5.3.5. Digital Realty Trust, Inc.

5.3.6. Equinix, Inc.

5.3.7. Flexential Corp.

5.3.8. H5 Data Centers LLC

5.3.9. NTT Ltd.

5.3.10. Quality Technology Services

5.3.11. Switch

5.3.12. Vantage Data Centers, LLC

5.4. List of Companies Studied

6. KEY STRATEGIC QUESTIONS FOR INDUSTRY PROFESSIONALS IN UNITED STATES DATA CENTER MARKET

7. APPENDIX

Research Methodology

Data Collection and Analysis Methods

Datanumero’s research methodology encompasses a thorough approach aimed at ensuring accuracy and reliability in market estimation and forecasting. Our process begins with preliminary data mining, where we gather raw market data from a diverse range of validated sources. This data undergoes rigorous filtration to ensure authenticity, with inputs also drawn from reputable reports, paid databases, and our repository. Our goal is to map the complete market value chain, gathering insights from raw material suppliers, distributors, and buyers.Additionally, we delve into technical issues and trends through surveys, technical symposia, and trade journals, focusing on intellectual property perspectives such as white space and freedom of movement. Industry dynamics, including drivers, restraints, and pricing trends, are thoroughly examined. This approach ensures that our material is rich in original data, further cross-validated and authenticated with published sources for accuracy.Market estimates and forecasts are derived using sophisticated statistical models tailored to each study. These models incorporate inputs on market dynamics, technology landscapes, application development, and pricing trends. We analyze these factors comparatively, quantifying their impact using correlation, regression, and time series analysis. Our forecasting techniques combine economic tools, technological analysis, industry experience, and domain expertise.Primary validation represents the final step, involving exhaustive interviews with key industry participants. These interviews, conducted globally and across various language barriers, validate our findings and assumptions. Key industry participants include market-leading companies, raw material suppliers, product distributors, and buyers. This primary research not only ensures data accuracy but also provides critical insights into the current market scenario, business landscape, and future expectations, enhancing the quality of our reports.

Industry Analysis Approach

In our analysis, we employ both qualitative and quantitative methodologies. Qualitatively, we delve into the industry landscape, trends, market dynamics, and key issues. We explore the technology landscape and identify market opportunities for our clients. Our approach includes Porter’s analysis and PESTEL analysis to understand the competitive landscape and conduct component benchmarking.On the quantitative front, we provide market revenue estimates and forecasts up to specified timeframes, including breakdowns by technology, application, type, and component. Regional market revenue forecasts are also provided, giving clients a comprehensive view of market dynamics across different geographical areas.By integrating these methodologies, DataNumero ensures a holistic, unbiased, and accurate assessment of market trends, opportunities, and future expectations, positioning us as a professional and reliable market research partner.

UNITED STATES DATA CENTER MARKET SIZE & SHARE ANALYSIS – GROWTH TRENDS & FORECASTS (2024 – 2030)