Global Data Center Market
The competitive outlook in the data center market is dominated by some leading players vying for market share through strategic partnerships and technological innovation. Some of these companies are IBM, Cisco, Amazon Web Services, Microsoft, and Google Cloud, which have been at the forefront in continuously updating their service offerings while expanding their geographical footprint. Furthermore, these players take advantage of the increasing demands for scalable, energy-efficient, and highly secure data center solutions driven by AI. Moreover, partnerships with regional players further support investments in infrastructure development to meet the increasing demand of emergent markets and make necessary adjustments to adapt to emerging industry standards.
In January 2023, CyrusOne acquired an office campus in Frankfurt, Germany, which it intends to refurbish into a large data center campus. Investment group Corum confirmed that it had sold the Europark office complex for USD 103.92 million to CyrusOne. The deal cements CyrusOne's position in Europe and reinforces its strategy of expansion in key markets where demand for hyperscale data center capacity is already well underway. This development underlines the growing prominence of data centers as companies vie to meet the rising demand for the region's blossoming digital infrastructure. Here are some leading companies in the data center market:
Author Credits: Abhishek Verma
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