The North America Data Center Services Market would witness market growth of 15.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Data Center Services Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $95,415.4 million by 2031. The Canada market is experiencing a CAGR of 17.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 16.8% during (2024 - 2031).
Data centers are essential for hosting and managing vast amounts of data, enabling businesses and organizations to store, process, and secure information while ensuring reliable access for customers and stakeholders. As digital transformation continues to evolve, the demand for these services is growing, fueled by the need for high-performance computing, storage, and network infrastructure to support a broad range of industries, from finance and healthcare to e-commerce and media.
The applications of these services are wide-ranging and continue to evolve as technology advances. Cloud services are one of the most significant drivers of data center growth. Cloud providers rely on data centers to deliver computing resources such as virtual machines, storage, and databases to users. Public, private, and hybrid cloud models depend on robust data center infrastructure to ensure seamless and reliable delivery of cloud-based services.
In Mexico, the retail sector’s revenue of USD 76 billion, supported by over 47,000 retail stores, reflects the vast scale of operations that rely heavily on technology to streamline supply chains, inventory management, customer engagement, and payment systems. Walmart de Mexico, holding 66.4% of supermarket sales in 2021, exemplifies how dominant retailers leverage data-driven solutions for operational efficiency and customer satisfaction. In Canada, the e-commerce industry’s rise—from 3.9% of total retail sales in 2021 to 6.2% in 2022—signals a rapid digital transformation in the retail industry. With projections indicating that e-commerce will generate USD 40.3 billion in sales by 2025, the demand for data centers to support this growth will only intensify. Overall, the rise of retail and e-commerce in Mexico and Canada will significantly impact the data center services market.
Based on End User, the market is segmented into Cloud Providers, Colocation Providers, and Enterprises. Based on Service, the market is segmented into Installation & integration services, Maintenance and support, Training services, and Consulting & Others. Based on Data Center Type, the market is segmented into Small data centers, Large data centers, and Medium data centers. Based on Vertical, the market is segmented into BFSI, Telecom & ITES, Government & Defense, Healthcare & Education, Retail, Manufacturing, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- ABB Ltd.
- Cisco Systems, Inc.
- Dell Technologies, Inc.
- DXC Technology Company
- Equinix, Inc.
- Eaton Corporation plc
- IBM Corporation
- Schneider Electric SE
- Siemens AG
- Microsoft Corporation
By End User
- Cloud Providers
- Colocation Providers
- Enterprises
- Installation & integration services
- Maintenance and support
- Training services
- Consulting & Others
- Small data centers
- Large data centers
- Medium data centers
- BFSI
- Telecom & ITES
- Government & Defense
- Healthcare & Education
- Retail
- Manufacturing
- Other Vertical
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Data Center Services Market, by End User
- 1.4.2 North America Data Center Services Market, by Service
- 1.4.3 North America Data Center Services Market, by Data Center Type
- 1.4.4 North America Data Center Services Market, by Vertical
- 1.4.5 North America Data Center Services Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansion
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Geographical Expansion: 2021, May – 2024, Jul) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Data Center Services Market by End User
- 5.1 North America Cloud Providers Market by Country
- 5.2 North America Colocation Providers Market by Country
- 5.3 North America Enterprises Market by Country
- Chapter 6. North America Data Center Services Market by Service
- 6.1 North America Installation & integration services Market by Country
- 6.2 North America Maintenance and support Market by Country
- 6.3 North America Training services Market by Country
- 6.4 North America Consulting & Others Market by Country
- Chapter 7. North America Data Center Services Market by Data Center Type
- 7.1 North America Small data centers Market by Country
- 7.2 North America Large data centers Market by Country
- 7.3 North America Medium data centers Market by Country
- Chapter 8. North America Data Center Services Market by Vertical
- 8.1 North America BFSI Market by Country
- 8.2 North America Telecom & ITES Market by Country
- 8.3 North America Government & Defense Market by Country
- 8.4 North America Healthcare & Education Market by Country
- 8.5 North America Retail Market by Country
- 8.6 North America Manufacturing Market by Country
- 8.7 North America Other Vertical Market by Country
- Chapter 9. North America Data Center Services Market by Country
- 9.1 US Data Center Services Market
- 9.1.1 US Data Center Services Market by End User
- 9.1.2 US Data Center Services Market by Service
- 9.1.3 US Data Center Services Market by Data Center Type
- 9.1.4 US Data Center Services Market by Vertical
- 9.2 Canada Data Center Services Market
- 9.2.1 Canada Data Center Services Market by End User
- 9.2.2 Canada Data Center Services Market by Service
- 9.2.3 Canada Data Center Services Market by Data Center Type
- 9.2.4 Canada Data Center Services Market by Vertical
- 9.3 Mexico Data Center Services Market
- 9.3.1 Mexico Data Center Services Market by End User
- 9.3.2 Mexico Data Center Services Market by Service
- 9.3.3 Mexico Data Center Services Market by Data Center Type
- 9.3.4 Mexico Data Center Services Market by Vertical
- 9.4 Rest of North America Data Center Services Market
- 9.4.1 Rest of North America Data Center Services Market by End User
- 9.4.2 Rest of North America Data Center Services Market by Service
- 9.4.3 Rest of North America Data Center Services Market by Data Center Type
- 9.4.4 Rest of North America Data Center Services Market by Vertical
- Chapter 10. Company Profiles
- 10.1 ABB Ltd.
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Product Launches and Product Expansions:
- 10.1.5.2 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Cisco Systems, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Product Launches and Product Expansions:
- 10.2.5.2 Geographical Expansions:
- 10.2.6 SWOT Analysis
- 10.3 Dell Technologies, Inc.
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 SWOT Analysis
- 10.4 DXC Technology Company
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 SWOT Analysis
- 10.5 Equinix, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Regional Analysis
- 10.5.4 SWOT Analysis
- 10.6 Eaton Corporation PLC
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Product Launches and Product Expansions:
- 10.6.6 SWOT Analysis
- 10.7 IBM Corporation
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional & Segmental Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Acquisition and Mergers:
- 10.7.6 SWOT Analysis
- 10.8 Schneider Electric SE
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.5.2 Product Launches and Product Expansions:
- 10.8.5.3 Acquisition and Mergers:
- 10.8.6 SWOT Analysis
- 10.9 Siemens AG
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Partnerships, Collaborations, and Agreements:
- 10.9.5.2 Acquisition and Mergers:
- 10.9.6 SWOT Analysis
- 10.10. Microsoft Corporation
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expenses
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Geographical Expansions:
- 10.10.6 SWOT Analysis
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