The global data center market is set to hit an impressive $430 billion value by 2028, driven by the surging demand for data center solutions and technology. Over the past decade, data centers have evolved from a niche IT infrastructure into a major revenue driver for tech giants. Companies like Amazon Web Services and Nvidia have seen substantial growth, with AWS generating almost 20 percent of Amazon’s revenue.
The rise of cloud computing has played a vital role in transforming the data center landscape, leading to a significant increase in the global data center count. Major hyperscalers such as Microsoft Azure, Google Cloud Platform, and AWS have been expanding their infrastructure aggressively to meet the needs of their expanding customer base.
According to Statista, the global data center market is expected to exceed $430 billion by 2028, with the network infrastructure segment leading the way in revenue growth. The United States remains the largest player in the global data center market, while countries like China, Japan, Germany, and the United Kingdom are also poised for strong growth in the coming years.
Overall, the data center market is projected to grow at a CAGR of 6.5 percent, reaching a market volume of $438 billion by 2028. With the increasing adoption of AI technologies and the ongoing expansion of cloud computing, the data center industry is expected to continue thriving in the years to come.
