From 2019 To 2025, The Compound Annual Growth Rate Of Global Data Centers Will Exceed 7%
On November 16th, according to foreign media reports, Research and Markets, an international market research organization, recently released a report stating that during 2019-2025, the compound annual growth rate of revenue in the global data center hosting market will exceed 7%.
Due to the increased demand for data center operations by companies in multiple vertical industries, the data center hosting industry is expected to achieve rapid growth during the forecast period. North America accounts for about 43% of total revenue, followed by Asia Pacific and Western Europe, with market shares of 27% and 18%, respectively.
The report pointed out that the United States, China and Japan are the main revenue contributors. Hosting providers are expanding their existing facilities, which may drive market revenue during the forecast period.
In 2020, a sudden epidemic "black swan" disrupted the rhythm of people's life and work, and also brought changes to many industries. The surge in demand for online services such as online education, remote office, and online medical care has made work and life more online and digital. As an important support, the data center will also usher in new development space.
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