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Data Center Infrastructure Market size was valued at USD 2.55 Billion in 2022 and is expected to grow from USD 2.96 Billion in 2023 to reach USD 9.62 Billion by 2031, at a CAGR of 15.9% during the forecast period (2024-2031).

The data center infrastructure market is highly competitive, characterized by the presence of a diverse range of players offering a wide array of products and services. The competitive landscape is shaped by both established companies with a strong market presence and emerging players striving to gain a foothold in the industry. The competition is driven by factors such as technological advancements, customer requirements, pricing strategies, and service quality. Several key players dominate the data center infrastructure market. Companies like Equinix, Digital Realty, and NTT Communications are at the forefront, leveraging their extensive networks and strong customer relationships. Equinix, headquartered in the United States, is known for its robust interconnection services and a vast portfolio of data centers across various regions. Digital Realty, also based in the United States, operates a significant number of data centers worldwide, offering scalable and flexible solutions to meet diverse customer needs. NTT Communications, headquartered in Japan, is a leading provider of data center services and solutions, leveraging its extensive network infrastructure. 'Equinix (US)', 'Digital Realty Trust (US)', 'NTT Communications (Japan)', 'China Telecom (China)', 'CenturyLink (US)', 'Verizon Communications (US)', 'AT&T (US)', 'Switch (UK)', 'KDDI Corporation (Japan)', 'CyrusOne (US)', 'CoreSite Realty Corporation (US)', 'Interxion (Netherlands)', 'SunGard Availability Services (US)', 'BT Group (UK)', 'China Unicom (China)', 'Level 3 Communications (US)', 'Telehouse (UK)', 'China Mobile (China)', 'Colt Technology Services (UK)', 'Teraco Data Environments (South Africa)'

The growing adoption of cloud services by businesses and individuals has been a major driver for the data center infrastructure market. Organizations are leveraging the flexibility, scalability, and cost-efficiency offered by cloud platforms to store and process their data. The demand for data centers to support cloud-based services has been consistently rising, driving the growth of the market.

Green Data Centers: To address the environmental impact, there is a rising trend towards green data centers. These data centers focus on energy-efficient infrastructure, renewable energy sources, and sustainable cooling systems to minimize their carbon footprint.

North America emerged as the leading region in the data center infrastructure market, holding a substantial revenue share of 40.82% in 2022, and it is projected to maintain its position throughout the forecast period. The early adoption of data center infrastructure management software and services in this region has been a key driving factor for its growth. Moreover, the increasing prevalence of mobile broadband, cloud computing, and big data analytics in North America has resulted in a heightened demand for additional data center infrastructure. Cloud scene, a data center directory, reports that Canada alone has 328 data centers, with Toronto hosting approximately 118, while Montreal and Vancouver house around 59 and 42 data centers, respectively. These statistics highlight the significant investments made in data center development in the region.

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Global Data Center Infrastructure Market

Product ID: SQMIG45C2043