Global Data Center Market To Expand At 10.6% CAGR From 2025 To 2030
Report Metric | Details |
Base year considered | 2024 |
Forecast period considered | 2025-2030 |
Base year market size | $389 billion |
Market size forecast | $691.6 billion |
Growth rate | CAGR of 10.6% for the forecast period of 2025-2030 |
Segments covered | Infrastructure, Model, Type, Tier Level, End Use, Country, and Region |
Regions covered | North America, Europe, Asia-Pacific, the Middle East and Africa, and South America |
Countries covered | U.S., Canada, Mexico, U.K., France, Germany, Italy, China, Japan, India, South Korea, Brazil, Chile, the Middle East and Africa |
Market drivers |
|
Interesting facts:
- In 2024, the IT and telecom industry held the largest share for data centers due to the rapid increase in data consumption, cloud computing, and 5G deployment in the industry. Additionally, rising demand for low-latency services and edge computing in the IT and telecom industry is further driving data center expansion.
- The U.S. accounts for the largest share in the global data center market. Its share is Driven by its position as a global technology hub with major investments from hyperscale cloud providers and tech giants in data centers, requiring massive data processing and storage capacities. For example, in 2024, Amazon Web Services (AWS) entered into three agreements with Energy Northwest, X-Energy, and Dominion Virginia, to facilitate the deployment of over 600MW of power across facilities in Washington and Virginia.
The report addresses the following questions:
What are the market's projected size and growth rate?- The global data center market was valued at $389 billion in 2024 and will reach $691.6 billion by 2030, with a CAGR of 10.6%.
- Digital transformation and explosive data growth. Emergence and expansion of AI, machine learning, and 5G networks Government initiatives and regulatory support
- The data center market is segmented based on infrastructure, model, type, tier level, end-user, and region.
- Colocation data centers will dominate the market through 2030.
- North America holds the largest share of the global market.
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