How big is the Data Center Services Market?

The Data Center Services Market size is expected to reach USD 127.44 billion in 2024 and grow at a CAGR of 16.38% to reach USD 272.04 billion by 2029. Read More

What is the current Data Center Services Market size?

In 2024, the Data Center Services Market size is expected to reach USD 127.44 billion. Read More

Who are the key players in Data Center Services Market?

Fujitsu Ltd, Capgemini, HCL Technologies, Cisco Systems Inc. and Hewlett Packard Enterprise Company are the major companies operating in the Data Center Services Market. Read More

Which is the fastest growing region in Data Center Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Data Center Services Market?

In 2024, the North America accounts for the largest market share in Data Center Services Market. Read More

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

In 2023, the Data Center Services Market size was estimated at USD 106.57 billion. The report covers the Data Center Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Data Center Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of growth in the Data Center Service Market?

Key factors driving the Data Center Services Market are: a) Increasing demand for cloud services b) Need for reliable data management solutions c) Expansion of data center capacities globally Read More

What are the key drivers of growth in the Data Center Service Market?

Key factors driving the Data Center Services Market are: a) Increasing demand for cloud services b) Need for reliable data management solutions c) Expansion of data center capacities globally Read More

Data Center Services Market Analysis | Industry Forecast, Size & Report

Data Center Services Market Analysis - Industry Forecast, Size & Report (2024 - 2029)

The Data Center Services Market Report is Segmented by Service (Managed Hosting Service and Colocation Service), Data Center (Tier 1, Tier 2, Tier 3, and Tier 4), End-User Industry (BFSI, Healthcare, Retail, Manufacturing, IT and Telecom, and Other End-User Industries), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for the Above Segments.

Data Center Services Industry Overview

The data center service market is highly fragmented, with high competitive rivalry. The major market players are Fujitsu Ltd, Cisco Systems Inc., Capgemini, HCL Technologies Limited, and Hewlett Packard Enterprise Company. Market players are bolstering their portfolios and pursuing enduring competitive edges through strategic partnerships and product innovations.

May 2024: Cologix, the network-neutral interconnection and hyperscale edge data center provider in North America, announced the successful launch of its fourth and most extensive data center in the region. This expansion signifies a pivotal step in Cologix's dedication to addressing the escalating need for colocation and interconnection services in Columbus, Ohio.
February 2024: Global infrastructure Platform-as-a-Service company MOD Mission Critical (MOD) announced an expansion of its partnership with 365 Data Centers (365), a provider of network-centric colocation, cloud, and managed services. Through this partnership, MOD can provide fractional colocation and connectivity solutions, allowing its clients to access the services and resources offered by 365's network-centric data centers across 20 markets, complemented by an additional 125 nationwide points of presence.