Data Center Hosting & Storage Services Procurement Intelligence expected to grow at a CAGR of 14.2% from 2023 to 2030.
Data Center Hosting & Storage Services Procurement Intelligence The data center hosting & storage services category is expected to grow at a CAGR of 14.2% from 2023 to 2030. The United States has the most data centers in the world, a total of 2701, followed by Germany and the United Kingdom. Growth is being fueled by the growing digital transformation of businesses, increased internet usage, and the proliferation of connected devices. Service upgradation such as cloud computing has become integral to modern business operations providing access to scalable and flexible resources. Technological advancements and big data analytics contribute to the increasing demand for the category. Remote working environments are growing and becoming mainstream, making data centers more relevant than ever. Data center demand varies with the country as a result of various market forces and regulations. Higher density in particular jurisdictions may be an outcome of industry sector de...