The global revenue in the data center market was forecast to continuously increase between 2024 and 2029 by in total 208 billion U.S. dollars (+49.99 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 624.07 billion U.S. dollars and therefore a new peak in 2029.
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Revenue in the data center market Worldwide from 2018 to 2029
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Data provided by Statista Market Insights are estimates.
Definition:
The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.
Structure:
The Data Center market is structured in three markets based on the services model provided by the companies.
The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.
Additional Information:
The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.
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Statista Market Insights. (July 22, 2024). Revenue in the data center market Worldwide from 2018 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 20, 2025, from https://www.statista.com/forecasts/1434724/revenue-data-center-data-center-market-worldwide
Statista Market Insights. "Revenue in the data center market Worldwide from 2018 to 2029 (in billion U.S. dollars)." Chart. July 22, 2024. Statista. Accessed February 20, 2025. https://www.statista.com/forecasts/1434724/revenue-data-center-data-center-market-worldwide
Statista Market Insights. (2024). Revenue in the data center market Worldwide from 2018 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 20, 2025. https://www.statista.com/forecasts/1434724/revenue-data-center-data-center-market-worldwide
Statista Market Insights. "Revenue in The Data Center Market Worldwide from 2018 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jul 2024, https://www.statista.com/forecasts/1434724/revenue-data-center-data-center-market-worldwide
Statista Market Insights, Revenue in the data center market Worldwide from 2018 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1434724/revenue-data-center-data-center-market-worldwide (last visited February 20, 2025)
Revenue in the data center market Worldwide from 2018 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, July 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1434724/revenue-data-center-data-center-market-worldwide
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