Data Center Equipment Market growing significantly with increased investments, expected to reach $669.29 billion by 2031.

From Globe Newswire: 2025-05-06 11:00:00

The global Data Center Equipment Market is experiencing significant growth due to increased investments in data centers and reliance on compute-intensive workloads. The market size was valued at US$ 242.74 billion in 2024, expected to reach US$ 669.29 billion by 2031 with a CAGR of 15.7% from 2025-2031.

Technological innovations like ARM servers are reshaping data centers, offering energy efficiency benefits and cost savings. ARM server shipments are forecasted to increase from 7.1% in 2023 to 22% by 2027. Industries are adopting compute-intensive workloads like AI and machine learning, driving the development of advanced hardware for data centers.

Europe led the market in 2024, followed by North America and Asia Pacific. Data Center Equipment Market is segmented by equipment type, with the server segment dominating in 2024. The market is also segmented by tier type, with tier 3 leading in 2024.

Key players in the market include Amazon Web Services, Hewlett Packard Enterprise, IBM, Oracle, and more. Trending topics include data center cooling, liquid cooling, and Industry 4.0, among others.

The market is driven by investments in new data centers and compute-intensive workloads. IoT devices and energy-efficient equipment are expected to create growth opportunities. The rising interest in ARM servers is a key trend in the data center equipment market.



Read more at Globe Newswire: Data Center Equipment Market Size to Surpass USD 669.29