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

Market Snapshot

The Data Center Market is segmented by data center size (large, massive, medium, mega, small), tier type (Tier 1 and 2, Tier 3, Tier 4), absorption (non-utilized, utilized), and region (APAC, Africa, Europe, Middle East, North America, South America). Key data points include IT load capacity, current and upcoming hotspots, average mobile data consumption, fiber cable connectivity, submarine cables, rack space utilization, and number of data centers by tier.

Market Overview

The global Data Center Market is poised for significant growth, driven by rising data consumption, advancements in digital services, and increasing investments in IT infrastructure. North America currently holds the largest market share, with rapid expansion expected in the Asia-Pacific region due to increased urbanization and digital penetration.

Key Market Trends

Rising Data Consumption: Increased use of smart services, social networking, cashless payments, and smart home automation is driving data consumption globally.
Adoption of FTTH Technology: The shift towards Fiber-to-the-Home (FTTH) technology is enhancing internet speeds and supporting data center expansion.
5G and 6G Deployment: Rapid deployment of 5G and planning for 6G in advanced economies are increasing data demands, boosting the need for robust data center infrastructure.
Smart Cities Development: The development of smart cities is generating significant data, necessitating advanced data centers to manage and process this data effectively.

Competitive Landscape

The Data Center Market is fragmented, with key players like CyrusOne Inc., Cyxtera Technologies, Digital Realty Trust Inc., Equinix Inc., and NTT Ltd dominating the market. These companies are expanding their data center capacities and investing in advanced technologies to maintain their competitive edge.

Major Players

CyrusOne Inc.: A global provider of data center facilities, offering colocation, interconnection, and managed services.
Cyxtera Technologies: Specializes in providing secure, reliable data center services and solutions for enterprises.
Digital Realty Trust Inc.: Known for its extensive network of interconnected data centers, supporting cloud and IT services across various regions.
Equinix Inc.: Specializes in providing carrier and cloud-neutral colocation data center services.
NTT Ltd: Provides IT infrastructure and services, including data center solutions, to support digital transformation for businesses.

Recent Developments

January 2023: CyrusOne acquired an office complex in Frankfurt, Germany, planning to turn it into a data center campus.
December 2022: Equinix, Inc. announced a USD 160 million investment in a new data center in Johannesburg, South Africa, expanding its presence in Africa.
December 2022: HGC Global Communications partnered with Digital Realty to boost customers’ edge connectivity using edgeX by HGC services in Singapore 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

1.5.4. 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. Australia

3.6.2. Austria

3.6.3. Belgium

3.6.4. Brazil

3.6.5. Canada

3.6.6. Chile

3.6.7. China

3.6.8. Denmark

3.6.9. France

3.6.10. Germany

3.6.11. Hong Kong

3.6.12. India

3.6.13. Indonesia

3.6.14. Ireland

3.6.15. Israel

3.6.16. Italy

3.6.17. Japan

3.6.18. Malaysia

3.6.19. Mexico

3.6.20. Netherlands

3.6.21. New Zealand

3.6.22. Nigeria

3.6.23. Norway

3.6.24. Philippines

3.6.25. Poland

3.6.26. Russia

3.6.27. Saudi Arabia

3.6.28. Singapore

3.6.29. South Africa

3.6.30. South Korea

3.6.31. Spain

3.6.32. Sweden

3.6.33. Switzerland

3.6.34. Taiwan

3.6.35. Thailand

3.6.36. United Arab Emirates

3.6.37. United Kingdom

3.6.38. United States

3.6.39. Vietnam

3.7. Value Chain & Distribution Channel Analysis

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

4.1. Data Center Size

4.1.1. Large

4.1.2. Massive

4.1.3. Medium

4.1.4. Mega

4.1.5. Small

4.2. Tier Type

4.2.1. Tier 1 and 2

4.2.2. Tier 3

4.2.3. Tier 4

4.3. Absorption

4.3.1. Non-Utilized

4.3.2. Utilized

4.3.2.1. By Colocation Type

4.3.2.1.1. Hyperscale

4.3.2.1.2. Retail

4.3.2.1.3. Wholesale

4.3.2.2. By End User

4.3.2.2.1. BFSI

4.3.2.2.2. Cloud

4.3.2.2.3. E-Commerce

4.3.2.2.4. Government

4.3.2.2.5. Manufacturing

4.3.2.2.6. Media & Entertainment

4.3.2.2.7. Telecom

4.3.2.2.8. Other End User

4.4. Region

4.4.1. APAC

4.4.2. Africa

4.4.3. Europe

4.4.4. Middle East

4.4.5. North America

4.4.6. South America

5. COMPETITIVE LANDSCAPE

5.1. Market Share Analysis

5.2. Company Landscape

5.3. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments)

5.3.1. AirTrunk Operating Pty Ltd

5.3.2. Chindata Group Holdings Ltd

5.3.3. CyrusOne Inc.

5.3.4. Cyxtera Technologies

5.3.5. Digital Realty Trust Inc.

5.3.6. Equinix Inc.

5.3.7. Flexential Corp.

5.3.8. NTT Ltd

5.3.9. Quality Technology Services

5.3.10. Space DC Pte Ltd

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 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.

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