What is the current New Jersey Data Center Market size?

The New Jersey Data Center Market is projected to register a CAGR of 4.90% during the forecast period (2024-2030) Read More

Who are the key players in New Jersey Data Center Market?

Digital Realty Trust, Inc., DataBank, CoreSite, CyrusOne and Equinix Inc. are the major companies operating in the New Jersey Data Center Market. Read More

What years does this New Jersey Data Center Market cover?

The report covers the New Jersey Data Center Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the New Jersey Data Center Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Read More

New Jersey Data Center Market Size & Share Analysis - Industry Research Report

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

The New Jersey 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, E-Commerce)), and Non-Utilized). The Market Sizes and Forecasts are Provided in Terms of Value (MW) for all the Above Segments.

New Jersey Data Center Industry Overview

The New Jersey 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 market players are Digital Realty Trust, Inc., DataBank, Equinix Inc., and CoreSite.

With the acquisition of vXchnge's 3MW asset in Secaucus, NJ, H5 Data Centres entered the New Jersey market. The addition was part of a seven-asset portfolio transaction with assets in Nashville, Philadelphia, Pittsburgh, Portland, New Jersey, St. Louis, and St. Paul.

IN June 2022, Lightpath established a new fiber line from New York City to Ashburn, Virginia. This 300-mile fiber cable will be added to Lightpath's 19,000-mile network that spans the tri-state area and New England. Xtel Communications expanded its portfolio with the addition of a third data center, the first in New Jersey. The telecom and cloud company, which has offices in Texas and Pennsylvania, provides high-availability active-active network design.