Global Data Center Market Size & Outlook, 2023-2030

The data center industry worldwide is expected to reach a projected revenue of US$ 437,326.2 million by 2030. A compound annual growth rate of 10.9% is expected of the worldwide data center industry from 2024 to 2030.
Revenue, 2023 (US$M)
$212,533.5
Forecast, 2030 (US$M)
$437,326.2
CAGR, 2024 - 2030
10.9%
Report Coverage
Worldwide

Global data center market highlights

  • The global data center market generated a revenue of USD 212,533.5 million in 2023 and is expected to reach USD 437,326.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 10.9% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 143,952.0 million in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 212,533.5 million
Market revenue in 2030USD 437,326.2 million
Growth rate10.9% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 39.2% of the global data center market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 11,961.1 million by 2030.

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Data Center Market Companies

Name Profile # Employees HQ Website

Global data center market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 67.73% in 2023. Horizon Databook has segmented the Global data center market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Data Center Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
      • Servers
      • Enterprise network equipment
      • PDU
      • UPS
      • Others
    • Software
      • DCIM
      • Virtualization
      • Others
    • Services
      • Managed Infrastructure Services
      • Hosting Services
      • Support Services
      • Professional services
  • Global Data Center Type Outlook (Revenue, USD Million, 2018-2030)
    • On-premise
    • hyperscale
    • HPC
    • Colocation
    • Edge
  • Global Data Center Rack Density Outlook (Revenue, USD Million, 2018-2030)
    • <10kW
    • 10-19kW
    • 20-29kW
    • 30-39kW
    • 40-49kW
    • >50kW
  • Global Data Center Redundancy Outlook (Revenue, USD Million, 2018-2030)
    • N+1
    • 2N
    • N+2
    • N
  • Global Data Center PUE Outlook (Revenue, USD Million, 2018-2030)
    • Less than 1.2
    • 1.2 - 1.5
    • 1.5 - 2.0
    • Greater than 2.0
  • Global Data Center Design Outlook (Revenue, USD Million, 2018-2030)
    • Traditional
    • Containerized
    • Modular
  • Global Data Center Tier Level Outlook (Revenue, USD Million, 2018-2030)
    • Tier 1
    • Tier 2
    • Tier 3
    • Tier 4
  • Global Data Center Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprises
    • Small and Medium Enterprises (SMEs)
  • Global Data Center End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Cloud Service Provider
    • Technology Provider
    • Telecom
    • Healthcare
    • BFSI
    • Retail & E-commerce
    • Entertainment & Media
    • Energy
    • Others

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  • Our clientele includes a mix of data center market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global data center market , including forecasts for subscribers. This global databook contains high-level insights into Global data center market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global data center market size, by regions, 2018-2030 (US$M)

Top 10 countries: Data center market size, 2023 (US$M)

Global data center market share, by component, 2023 & 2030 (%, US$M)

Data center market: Opportunity assessment by country

Global data center market, by region, 2023 (US$M)

Global data center market size, by regions, 2018-2030 (US$M)

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