How big is the data center industry?
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the data center market was worth USD 206.2 billion in the year 2021. It is estimated to grow at a CAGR of 10.20%, earning revenue of around USD 404.9 billion by the end of 2022.
How big is the average data center?
approximately 100,000 square feet
Data Centers are of Different Sizes While most are small, the average data center occupies approximately 100,000 square feet of space.
How big is the largest data center?
According to numerous publications, the world’s largest data center is the China Telecom-Inner Mongolia Information Park. At a cost of $3 billion, it spans one million square meters (10,763,910 square feet) and consumes 150MW across six data halls.
What is the market for data center?
The global data center market size was valued at USD 215.8 billion in 2021 and is estimated to reach USD 288.3 billion by 2027, growing at a CAGR of 4.95% during the forecast period.
How big is the global data center market?
Data Centres: Industry overview The data centre services market was valued at $48.9 billion in 2020.
How big are AWS data centers?
That is broken down between 11.9 million sq ft (1,105,500 sq m) that it owns and 14.1 million sq ft (1,310,000 sq m) that it leases. The filing does not disclose how much of that is actually data center white space, rather than all the other additional parts of data center, sales, and other property.
How large are AWS data centers?
Which company has largest data center?
#1) Equinix Equinix was founded in 1998. Its headquarters is located in Redwood City, California, USA. The company had 7273 employees as of 2017 and serves 24 countries including the UK and the USA. It has a vast network of 202 data centers around the world, with 12 more being installed.
Is the data center industry growing?
There was a record 493.4 megawatts (MW) of net absorption of data center space in the seven primary U.S. markets in 2021, according to CBRE’s latest North American Data Center Trends Report. That’s a 31% increase over the previous record total from 2019, and up 50% from 2020, according to CBRE’s numbers.
Which region is the biggest data center market?
Northern Virginia remained the world’s largest data center market and added 185.1 MW of new supply in H2 2021.
What is the data center market?
The data center market is segmented on the basis of component, type, enterprise size, end user and region. On the basis of component, the market is bifurcated into solution and services. Based on type, the market is fragmented into colocation, hyperscale, edge, and others.
Is AWS the largest data center?
AWS’ Northern Virginia cloud region includes more than 50 data centers with the region being the largest concentration of data centers across the globe due to the massive amount of IT infrastructure installed, vast interconnectivity capabilities and strategic location near Washington D.C.
What is the future of data center?
The future of the Data Center is smart: modern Data Centers are now offering converged infrastructure, and the trend is further moving towards hyper-convergence. This has brought many advantages for Data Center operations and has also solved problems that paralyzed companies earlier.