The Data Center Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Data Center Market?
The historical growth trend in the Data Center market has seen it increase from $268.76 billion in 2024 to $289.31 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Data Center Industry?
The data center market is projected to reach a value of $432.61 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 10.6%.
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What are the Key Growth Drivers Fueling the Data Center Market?
The key drivers in the data center market are:
• Increasing digitalization across various industries
• Expansion in cloud services and hybrid cloud adoption
• Focus on sustainability and green initiatives in data centers
• Cybersecurity being prioritized and impacts of remote workforce
Global Market Segmentation: Identifying Major Data Center Industry Segments
The data center market covered in this report is segmented –
1) By Type: Colocation, Hyperscale, Edge, Other Types
2) By Component: Solution, Services
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
4) By End User: BFSI, IT And Telecom, Government, Energy And Utilities, Other End Users
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What are the Emerging Trends Shaping the Future of the Data Center Market?
The key trends in the data center market are:
• The expansion of edge computing is a major emerging trend in the data center market.
• Cloud migration is being increasingly adopted, impacting the future of the market.
• The integration of AI and machine learning is a prominent trend shaping the data center market's future.
• Sustainability initiatives are playing a growing role in the evolution of the data center market.
Who Are the Top Competitors & Leading Players in the Data Center Market?
Major companies in the data center market are:
• Caterpillar Inc.
• Cummins Inc.
• ABB Ltd.
• Generac Power System Inc.
• KOHLER Group
• Hitech Power Protection
• Rolls Royce Power Systems AG
• Aggreko Company
• Eaton Corporation
• F.G. Wilson
• Atlas Copco
• Himoinsa SL
• MTU Friedrichshafen GmbH
• Wärtsilä Corporation
• Schneider Electric SE
• Siemens AG
• Emerson Electric Co.
• Socomec Group
• Riello UPS
• Vertiv Co.
• Delta Electronics Inc.
• Toshiba Corporation
• Fuji Electric Co.Ltd.
• Kirloskar Electric Company
• Yanmar Co. Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the data center market in 2024
