Data Centre MarketData Centre Market was valued at USD 200 Billion in 2022 and is projected to reach USD 300 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
However, the landscape has evolved significantly when comparing this demand to the anticipated growth from 2023 to 2033. Moving forward, the Data Centre Market is expected to experience a shift due to emerging technologies and increasing sustainability concerns. As industries continue to digitalize, the demand for energy-efficient, green data centers has skyrocketed. Innovations such as liquid cooling and renewable energy-powered data centers are anticipated to dominate the market in the coming decade. Moreover, edge computing is gaining traction, with more localized data centers being deployed to support applications requiring low latency and faster processing times.
The rise of 5G technology is another contributing factor, with faster internet speeds fueling the need for more decentralized data centers, which can provide the necessary computing power closer to end-users. Regions in Asia, particularly China and India, are expected to witness substantial demand for data center infrastructure, as the adoption of digital services in these countries continues to rise rapidly. Additionally, the ongoing advancements in virtual reality (VR), augmented reality (AR), and blockchain technology are expected to increase the demand for high-performance data centers.
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The global Data Centre Market experienced remarkable growth from 2018 to 2022, driven by the increasing demand for cloud services, data storage solutions, and the rise of digital transformation across various industries. The period between 2018 and 2022 saw data centers expanding rapidly to accommodate the massive influx of data generated by businesses and consumers alike. Cloud service providers, social media platforms, and enterprises increased their reliance on robust data infrastructure to support their operations. This trend led to significant investments in data center construction and upgrades globally.
During this period, the demand was heavily concentrated in regions like North America, Europe, and parts of Asia, with major players like Amazon Web Services, Microsoft Azure, and Google Cloud leading the charge. The increasing reliance on Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT) technologies further fueled the expansion of the market. With businesses investing more in digital services, companies also started shifting to hybrid cloud environments, creating an additional need for scalable and flexible data centers.
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Oracle
IBM
NTT Communications
AWS
Microsoft
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Data Centre Market
IT Company
BFSI
Educational Institution
Government
Others
Based on Types the Market is categorized into Below types that held the largest Data Centre market share In 2023.
In-House Data Center
Colocation
Wholesale Data Center
Dedicated Hosting
Managed Hosting
Shared Hosting
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Data Centre Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Data Centre Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Data Centre Market, By Type
6. Global Data Centre Market, By Application
7. Global Data Centre Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Data Centre Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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