Global Data Center Market Outlook & Forecasts 2023-2028: 5G Deployments Fueling Edge Data Center Investments as Sustainable Innovations in Data Center Power Technology Gain Momentum

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Jul 11, 2023, 11:00 ET

DUBLIN, July 11, 2023 /PRNewswire/ -- The "Data Center Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global data center market is expected to reach a value of $289.66 billion by 2028 from $215.73 billion, growing at a CAGR of 5.03% from 2022 to 2028

The Americas region is among the world's most mature and developed data center markets. In 2022, the U.S. and Canada led the market regarding investment, white floor addition, and power capacity. In the Latin America region, Brazil is considered among the developed markets, with other countries such as Mexico, Chile, and Colombia among the emerging locations in the region.

The colocation providers are undertaking the construction of facilities in a phased manner, depending on the market demand. Over the next few years, there is expected to be more demand for higher-capacity systems.

Vendors such as Arista Networks, Cisco Systems, Dell Technologies, Hewlett Packard Enterprise, IBM, Huawei Technologies, NetApp, Lenovo, and others are among the top IT infrastructure providers in the global data center market.

KEY TRENDS & DRIVERS

Innovative IT Infrastructure Adoption

New innovative IT technologies are replacing the traditional IT infrastructure, improving the functionality and sustainability of the facilities. Some trending innovations in the IT infrastructure include adopting NVMe storage devices, ARM-based architecture, 200/400 GbE ports, converged and hyper-converged infrastructure, and others.

Shift Toward Operating Sustainable Data Centers

The hyperscale and colocation operators such as Meta (Facebook), Microsoft, Google, Amazon Web Services, CyrusOne, Digital Realty, Equinix, Iron Mountain, Vantage Data Centers, STACK Infrastructure, QTS Realty Trust, and others are involved in signing several Power Purchase Agreement (PPA) across the world to power their facilities with renewable energy. In addition, many smaller facilities operators are installing solar panels on the rooftops of their facilities.

Advanced and Innovative Data Center Technologies

The data centers have witnessed immense changes and transformations in adopting power and cooling infrastructure. Some of such innovations include diesel generators getting replaced with natural gas, hydrotreated vegetable oil (HVO), and hydrogen fuel cells, replacing lead-acid batteries with advanced UPS batteries such as Lithium-ion, Nickle-Zinc, and Prussian Blue sodium-ion, and microgrid adoption in facilities majorly among hyperscalers.

Adoption of AI-based Infrastructure Driving Liquid Immersion and Direct-To-Chip Cooling

Liquid cooling is the most popular cooling technology used in High-Performance Computing (HPC) in the data center market to support AI and ML workloads. Google adopted liquid cooling for its latest AI hardware and has retrofitted its existing data center infrastructure to accommodate liquid cooling. Meta (Facebook) has announced its plan to pause its several new and expansion projects across the US, as it wants to create a new AI design for the facilities.

Supply Chain Issues

The supply chain is among the major challenge faced by data center developers in recent times. The supply chain issue was aided by the onset of COVID-19, leading to a shortage of infrastructure such as chips, power equipment, cooling infrastructure, and other infrastructure. Also, political instability and disturbances between Russia and Ukraine led to a price hike in energy and fuel costs.

Premium Insights

Key Highlights/ Trends

Shift Toward Sustainable Measures to Reduce Carbon Emissions
Innovative and Sustainable Data Center Power Technologies
Ai to Boost Liquid-Cooling Adoption
Government Support to Develop Data Centers
Impact of Supply Chain Disruptions

Facility Type

Data Center Electrical Infrastructure
Data Center Mechanical Infrastructure
Data Center General Construction Services

Vendor Analysis

Data Ceter It Infrastructure Providers
Data Center Support Infrastructure Providers
Data Center Contractors
Data Center Investors/Operators

Market Opportunities & Trends

Adoption of It Infrastructure

Sustainability Initiatives by Data Center Operators

5G Deployments Fueling Edge Data Center Investments

Surge in Rack Power Density

Sustainable Innovations in Data Center Power Technology

Ecodiesel Generators
Natural Gas Generators
Fuel Cells (Hydrogen)
Hydrotreated Vegetable Oil (Hvo) Fuel
Nuclear Energy Generation
Other Innovations

Innovative Data Center Power Technologies

Adoption of Advanced Ups Batteries
Software-Defined Data Centers & Ai in Power Monitoring
Microgrids

Automation & Intelligent Monitoring Solutions

Adoption of Ai-Based Infrastructure Driving Liquid Immersion & Direct-To-Chip Cooling

Market Growth Enablers

Growing Submarine & Inland Connectivity
Increasing M&As and Jvs Across the Industry
Big Data & IoT Fueling Data Center Investments
Government Support for Data Center Investments
Increasing Demand for Cloud-Based Services

Market Restraints

Rising Carbon Emissions from Data Centers
Site Selection Hindrances to Data Center Development
Lack of Skilled Data Center Professionals & Discrimination
Security Challenges Impacting Data Center Growth
High Maintenance Costs & Inefficiencies
Supply Chain Disruptions Hampering Growth

Key Data Center IT Infrastructure Providers

Arista Networks
Atos
Broadcom
Cisco Systems
Dell Technologies
Hewlett Packard Enterprise (HPE)
Huawei Technologies
IBM
Juniper Networks
Lenovo
NetApp

Other Data Center IT Infrastructure Providers

DataDirect Networks (DDN
Extreme Networks
Fujitsu
Hitachi Vantara
Infortrend Technology
Inspur
Intel
Micron Technology
MiTAC Holdings
NEC
Nimbus Data
Oracle
Pure Storage
Seagate Technology
Silk (Kaminario)
Supermicro
Synology
Toshiba
StorCentric
QNAP Systems
Quanta Cloud Technology
Quantum (Pivot3)
Western Digital
Wistron (Wiwynn)

Key Data Center Support Infrastructure Providers

ABB
Caterpillar
Cummins
Delta Electronics
Eaton
Legrand
Rolls-Royce
Schneider Electric
STULZ
Vertiv

Other Data Center Support Infrastructure Providers

3M
Airedale
Alfa Laval
Asetek
Assa Abloy
Bloom Energy
Carrier
Condair
Cormant
Cyber Power Systems
Daikin Applied
Data Aire
Enlogic
FNT Software
Generac Power Systems
Green Revolution Cooling (GRC)
HITEC Power Protection
Honeywell
Johnson Controls
KOHLER
KyotoCooling
Mitsubishi Electric
Munters
Natron Energy
NetZoom
Nlyte Software
Panduit
Piller Power Systems
Rittal
Siemens
Trane (Ingersoll Rand)
Tripp Lite
Yanmar (HIMOINSA)
ZincFive

Key Data Center Contractors

AECOM
Arup
Corgan
DPR Construction
Fortis Construction
Holder Construction
Jacobs
Mercury
Red Engineering
Rogers-O'Brien Construction
Syska Hennessy Group
Turner Construction
Turner & Townsend

Key Data Center Operators

21Vianet Group (VNET)
Amazon Web Services
Apple
China Telecom
Colt Data Centre Services (Colt DCS)
Compass Datacenters
CyrusOne
Digital Realty
EdgeConneX (EQT Infrastructure)
Equinix
GDS Services
Global Switch
Google
Iron Mountain
Meta (Facebook)
Microsoft
NTT Global Data Centers
QTS Realty Trust
STACK Infrastructure
ST Telemedia Global Data Centres
Vantage Data Centers

Other Data Center Operators

3data
Africa Data Centres
AirTrunk
Aligned
American Tower
AQ Compute
Aruba
AtlasEdge
atNorth
AT TOKYO
BDx (Big Data Exchange)
Bulk Infrastructure
Bridge Data Centres
CDC Data Centres
Chayora
China Mobile
Chindata
CloudHQ
Cologix
COPT Data Center Solutions
CtrlS Datacenters
Cyxtera Technologies
Data4
DataBank
DC BLOX
Digital Edge
Digital Parks Africa
Element Critical
ePLDT
eStruxture Data Centers
fifteenfortyseven Critical Systems Realty (1547)
Flexential
Green Mountain
Gulf Data Hub
H5 Data Centers
HostDime
KDDI
Keppel Data Centres
Khazna Data Centers (G42 & Etisalat)
LG Uplus
Lumen Technologies
maincubes one
MainOne (Equinix)
MEEZA
Millicom (Tigo)
Mobily
Moro Hub
NEXTDC
Nxtra by Airtel
ODATA
Orange Business Services
Ooredoo
Prime Data Centers
Princeton Digital Group (PDG)
Proximity Data Centres
Rack Centre
Raxio Group
Rostelecom Data Centers
Sabey Data Centers
Saudi Telecom Company (stc)
Scala Data Centers
Sify Technologies
Skybox Datacenters
Stream Data Centers
SUNeVision (iAdvantage)
Switch
T5 Data Centers
Tenglong Holdings Group
Teraco (Digital Realty)
TierPoint
Turkcell
Urbacon Data Centre Solutions
Wingu
Yondr
Yotta Infrastructure (Hiranandani Group)

New Entrants

AdaniConneX
AUBix
Cloudoon
ClusterPower
Corscale Data Centers
Damac Data Centres (EDGNEX)
Data Center First
DHAmericas
Edge Centres
Evolution Data Centres
Global Technical Realty
Hickory
iMCritical
Infinity
Kasi Cloud
MettaDC
Open Access Data Centres
PowerHouse Data Centers
Pure Data Centres Group
Quantum Loophole
Quantum Switch Tamasuk (QST)
Stratus DC Management
YCO Cloud
YTL Data Center
ZeroPoint DC

For more information about this report visit https://www.researchandmarkets.com/r/o97czm

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