How big is the Pheonix Data Center Market?

The Pheonix Data Center Market size is expected to reach 0.72 megawatt in 2024 and grow at a CAGR of 18.5% to reach 1.68 megawatt by 2029. Read More

What is the current Pheonix Data Center Market size?

In 2024, the Pheonix Data Center Market size is expected to reach 0.72 megawatt. Read More

Who are the key players in Pheonix Data Center Market?

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

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

In 2023, the Pheonix Data Center Market size was estimated at 0.59 megawatt. The report covers the Pheonix Data Center Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Pheonix Data Center Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

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

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

The Phoenix 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.

Phoenix Data Center Industry Overview

The Phoenix 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 of the players as Digital Realty Trust, Inc., DataBank, Cyrus One, Cyxtera Technologies, Inc., and Cogent.

In May 2023, as Prime Data Centres prepares to build its first facilities in the market, new hyperscale data centers are heading to metro Phoenix. The business intends to invest $2 billion in constructing a 210-megawatt, five-building campus in Avondale, Arizona, spanning 1.3 million square feet. The first facility, which will offer 42 megawatts of vital IT power, is scheduled to open in the third quarter of 2025.

Also May 2023, QTS commenced building on its PHX2 DC5 data center in Phoenix, Arizona. The company reportedly broke ground on the plant in March; it would stretch 337,330 sq ft (31,339 sqm) on 85 acres and have a capacity of 42 MW. This is the first of a projected 280MW+ multi-building campus of data centers.