Global Data Center Market Report 2022-2027: US and China Dominate the Market with Multi-billion-dollar Data Center Investments
DUBLIN, April 25, 2022 /PRNewswire/ -- The "Global Data Center Market - Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The outbreak of the COVID-19 pandemic, had a significant impact on the data center market growth worldwide in 2021. The COVID-19 pandemic had a high impact on the market, with many on-premises data center operators migrating their infrastructure to colocation and cloud platforms.
Also, in 2021, many hyperscale data center operators announced self-built data center projects, in addition to hyperscale colocation of >1 MW capacity across markets. The enterprise adoption of cloud-based services, big data analytics, and IoT services has been a strong force for data center investments in developing countries, further fueled by the pandemic.
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SOURCE Research and Markets