Investments in data centers are increasing, even during the COVID-19 pandemic. This Frost & Sullivan study provides an overview of the global data center industry, analyzing technological and investment trends shaping the industry's growth. The key factors driving growth include the rising popularity of hybrid colocation and hyperscale data centers, the emphasis on sustainability, the role of emerging technologies, and the data boom created by the proliferation of internet-enabled devices. The study’s analysis is segmented by type (colocation, hyperscale cloud, and enterprise) and region (Asia-Pacific, the Americas, and Europe, the Middle East, and Africa).
The study expects investments from leading hyperscale cloud providers to continue at a healthy pace over the forecast period from 2022 to 2031 (with 2021 as the base year). The growing need for hyperscale capacity from public cloud providers and over-the-top media content is forecast to fuel the colocation demand. The pandemic has accelerated the digital transformation of enterprises, creating higher demand for storage and compute capabilities. While data center providers invest heavily in building new capacity to meet demand, deploying emerging technologies like artificial intelligence and machine learning encourages providers to invest in new data center designs for enhanced efficiencies. Industry competition to address global requirements from carrier-neutral and telecommunication service providers has also intensified.
GROWTH PIPELINE DIALOG™
Take your first step towards achieving growth-centric solutions with our
Growth Pipeline Dialog™. Speak to our industry experts in a complimentary open discussion that will spark innovative thinking and growth opportunities that will benefit your organization.