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.
Free Valuable Insights: The Data Center Services Market is Predict to reach USD 361.71 Billion by 2031, at a CAGR of 15.9%
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.
By End User
By Service
By Data Center Type
By Vertical
By Country
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