How big is the Chicago Data Center Market?

The Chicago Data Center Market size is expected to reach 1.07 thousand megawatt in 2024 and grow at a CAGR of 9% to reach 1.65 thousand megawatt by 2029. Read More

What is the current Chicago Data Center Market size?

In 2024, the Chicago Data Center Market size is expected to reach 1.07 thousand megawatt. Read More

Who are the key players in Chicago Data Center Market?

Digital Realty Trust, Inc., DataBank, Equinix Inc., CyrusOne and Cyxtera Technologies, Inc. are the major companies operating in the Chicago Data Center Market. Read More

What years does this Chicago Data Center Market cover, and what was the market size in 2023?

In 2023, the Chicago Data Center Market size was estimated at 0.97 thousand megawatt. The report covers the Chicago Data Center Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Chicago Data Center Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Read More

Chicago Data Center Market Size & Share Analysis - Industry Research Report

Chicago Data Center Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)

The Chicago Data Center Market is Segmented by DC Size (Small, Medium, Large, Massive, Mega), Tier Type (Tier 1&2, Tier 3, Tier 4), Absorption (Utilized (Colocation Type (Retail, Wholesale, Hyperscale), End User ( Cloud & IT, Telecom, Media & Entertainment, Government, BFSI, Manufacturing, and E-Commerce)), and Non-Utilized). The Market Sizes and Forecasts are Provided in Terms of Value (MW) for all the Above Segments.

Chicago Data Center Industry Overview

The Chicago Data Center Market is fragmented in that key vendors are utilizing inorganic growth techniques, such as mergers and acquisitions and strategic partnerships, to increase their market share. Some players include Digital Realty Trust, Inc., DataBank, Equinix Inc., Cyxtera Technologies, Inc., and CyrusOne.

In November 2022, to create the largest data center campus in the Greater Chicago area, Prime ORD will provide more than 750,000 square feet and 175 megawatts of capacity when fully built out. The first of three campus data centers planned, ORD-01, will be promoted as a single-tenant, hyperscale data center to large cloud providers, international enterprises on the Internet, colocation firms, and Fortune 500 companies.

In December 2022, a new Oracle Cloud Infrastructure (OCI) region officially began operations in Chicago, according to Oracle. The new area, which is Oracle's fourth in the United States and 41st overall, is a public cloud region. The business also runs two general US Government regions, three Department of Defense-specific US Government regions, several US National Security regions, a TikTok plant in Texas, and regions in Ashburn, Virginia, Phoenix, Arizona, and San Jose, California.