Product ID: SQMIG45B2088
Global Data Center Market Size, Share, Growth Analysis, By Infrastructure(IT Infrastructure, Electrical Infrastructure), By Data Center Type(Colocation, Hyperscale), By Data Center Rating(Tier 1, Tier 2), By Enterprise Size(Large Enterprises, Medium & Small Enterprises), By End-use Industry(BFSI, IT & Telecommunication) - Industry Forecast 2024-2031
Report ID:
SQMIG45B2088 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
151 |
Figures:
78
Global Data Center Market Regional Insights
North America is dominating the global data center market. There are many reasons why North America is the leading consumer of data center services. The region has the highest concentration of data-intensive industries, including finance, media, healthcare, and technology. Furthermore, North American businesses have been early adopters of cloud computing and other cutting-edge technologies that require large amounts of data storage and processing power.
The growth of North America's data center market has also been fueled by the region's demand for high-bandwidth applications and services, such as streaming video and online gaming. With more users accessing these types of services from mobile devices, there is an even greater need for data centers that can handle large volumes of traffic.
Another factor that has contributed to North America's dominance in the data center market is the region's favorable regulatory environment. In particular, the United States has laws and regulations in place that encourage companies to invest in data centers. For example, the Foreign Investment in Real Property Tax Act provides tax incentives for companies that build or expand their data centers in the United States.
Looking forward, it is expected that North America will continue to be the leading consumer of data center services due to the continued growth of cloud computing and other technological innovations.
Global Data Center Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
