Data Center Technology and Telecom Telecommunications And Networking

Future Outlook of US Data Center Market: Ken Research

May 31, 2023

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What Is The Size Of Us Data Centre Industry?

US Data Centre market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027.

The US Data Centre Market is largely driven by boost in the technological innovation & subsequent integration in the market.

In recent years, the impact of technological advancements has revolutionized the industry. The increasing use of 5G services alongside its integration in the market has helped boost the industry profits. Moreover, implementation of green energy by companies such as Microsoft has also increased the confidence of stakeholders.

The US Data Centre market is currently expanding. The pandemic has caused people to work from home as a result of which data center is no longer a want rather a need. Thus, in the aftermath, the market has seen emergence of new startups & growth in the profits of existing companies such as Microsoft & Google.

The market has seen a stable growth as a result of favorable government policies such as integration of green energy in the setting up of facilities.

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Us Data Centre Market By Type of Services

The US Data Centre market is segmented by services into monitoring services, professional services, system integration. There is a preference towards professional services as the market is growing at a rapid pace with endless opportunities.

Us Data Centre Market By Solution

The US Data Centre market is segmented by Solution into Power, Server, Management software, Networking technology & Cooling. The market preference is towards Management Software due to a vast number of startups entering the market alongside increasing number of opportunities.

Us Data Centre Market By ICE/EV

The US Data Centre market is segmented by Type into Enterprise Data Centre, Colocation Data Centre, Managed Service data Center, Cloud Service Data center. The market preference is towards Cloud Service Data Center.

Us Data Centre Market By End User

The US Data Centre market is segmented by End user into Healthcare, IT, Telecom. The market is towards IT owing to increase in digitalization of every sector alongside an increasing push by the government to integrate technology into various domains.

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Competition Scenario In Us Data Center Market

US’s Data Centre Market is a fragmented market which is still in the growing phase. With technology integration in the country and more favorable government policies are the major reason for the entrance of the new players. Sone of the major players in the US Data Centre market are Google Cloud, Microsoft Corp, NTT, Cyrus One, Equinix & IBM.

What Is the Expected Future Outlook for the Overall Us Data Centre Market Across the Globe?

The US Data Centre market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The US Data Centre market is driven by boost in technology integration, government initiatives on infrastructure development. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

The US Data Centre Market will expand in the coming years as a result of the increased focus of Data Centre companies on infrastructure development, entry of new players. With this trend, the inflow of investments will increase in the future.

Time Period Captured in the Report: