U.S. Data Center Colocation Market - Industry Outlook & Forecast 2024-2029

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THE U.S. DATA CENTER COLOCATION MARKET SIZE WAS VALUED AT USD 12.40 BILLION IN 2023 AND IS EXPECTED TO REACH USD 26.95 BILLION BY 2029, GROWING AT A CAGR OF 13.81%.

The U.S. Data Center Colocation Market Research Report Includes Size, Share, and Growth in Terms of

  1. Colocation Type: Retail Colocation and Wholesale Colocation
  2. Infrastructure: Electrical Infrastructure, Mechanical Infrastructure, and General Construction
  3. Electrical Infrastructure: UPS Systems, Generators, Transfer Switches & Switchgear, PDUs, and Other Electrical Infrastructure
  4. Mechanical Infrastructure: Cooling Systems, Racks, and Other Mechanical Infrastructure
  5. Cooling Systems: CRAC & CRAH Units, Chiller Units, Cooling Towers, Condensers & Dry Coolers, Economizers & Evaporative Coolers, and Other Cooling Units
  6. Cooling Techniques: Air-based Cooling and Liquid-based Cooling
  7. General Construction: Core & Shell Development, Installation & Commissioning Services, Engineering & Building Design, Fire Detection & Suppression, Physical Security, and DCIM/BMS Solutions
  8. Tier Standard: Tier I & II, Tier III, and Tier IV
  9. Region: Southeastern U.S., Midwestern U.S., Southwestern U.S., Western U.S., and Northeastern U.S.

Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029.

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U.S. DATA CENTER COLOCATION MARKET REPORT SCOPE

REPORT ATTRIBUTEDETAILS
MARKET SIZE BY INVESTMENT (2029)USD 26.95 Billion
MARKET SIZE BY INVESTMENT (2023)USD 12.40 Billion
CAGR BY INVESTMENT (2023-2029)13.81%
MARKET SIZE - AREA (2029)13.05 Million Square Feet
POWER CAPACITY (2029)2,700 MW
COLOCATION REVENUE (2029)USD 38.50 Billion
HISTORIC YEAR2020-2022
BASE YEAR2023
FORECAST YEAR2024-2029
MARKET SEGMENTSColocation Service, Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Techniques, General Construction, Tier Standards, and Region
REGION ANALYSISSoutheastern U.S., Midwestern U.S., Southwestern U.S., Western U.S., and Northeastern U.S.
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MARKET INSIGHTS

The U.S. data center colocation market by investment was valued at USD 12.40 billion in 2023 and is expected to reach USD 26.95 billion by 2029, growing at a CAGR of 13.81% during the forecast period. The rise in coverage of 5G and its deployment in the region will attract more data center investment across the country. The deployment of submarine cables, such as the Sealink, Bifrost, and others, which are expected to be live, will help the country establish a better connection with the rest of the world. Furthermore, the United States government promotes data center investments through various initiatives, such as increased land availability for development, lower electricity tariffs, and a growing preference for energy procurement via sustainable sources. Thus, such initiatives will drive up the U.S. data center colocation market during the forecast period.

KEY HIGHLIGHTS

  1. Digitalization across businesses will contribute to a surge in data center investments by colocation, cloud, Internet, and telecommunication providers. Telecom companies, such as AT&T, T-Mobile, CenturyLink, and Qualcomm, are responsible for deploying 5G services and the gradual pathway being made for the 6G spectrum in the US.
  2. Supply chain hurdles, rising inflation rates, the deficit in skilled workforce, and power-related restraints will harm the U.S. data center colocation market.
  3. The Texas data center market is highly competitive, with several colocation operators entering the state and developing their data center facilities.
  4. The United States market is among the costliest for developing a data center facility. The average cost ranges between $10-$11 million per MW. The cost is likely to increase by 5-7% on a YoY trend basis. 
  5. The core submarkets have land and power constraints that limit the opportunities for new companies to enter the market. However, several new submarkets, such as Aurora and Elk Grove Village, are preferred.

MARKET OPPORTUNITIES & TRENDS

Edge Data Centers & the Advent of the 6G Era

The U.S. is one of the fastest-growing countries in terms of technological development and innovations. The upcoming sixth-generation (6G) networks are anticipated to bring advanced networking technologies to make implementing the Industrial Internet of Things (IIoT) easier. These improved networks will offer enhanced connectivity and capabilities, simplifying the integration of IoT into different industries and making it more accessible for businesses to utilize its benefits.

Sustainability Initiatives by Colocation Operators

Colocation companies nationwide are passionate about renewable energy and curtailing their carbon emissions as much as possible to achieve their ambitious sustainability targets. Operators plan to reduce harm to the planet by using clean energy sources instead of traditional fossil fuels that are being depleted at an alarming rate. This change is part of a larger trend in the industry to adopt renewable power sources, such as solar and wind power, to run data centers and power other associated infrastructure.

Colocation Demand Revolutionized by AI & VR

Artificial intelligence (AI) and virtual reality (VR) drive the U.S. data center colocation market growth. There is a need for dependable and scalable data center infrastructure as AI and VR gain traction across different industries. Colocation providers experience a significant increase in demand as businesses look for reliable hosting solutions to accommodate their AI and VR applications, ensuring top-notch performance and seamless connectivity.

Colocation Data Center Facilities on the Rise

The market saw a surge in the development of data center facilities. Key colocation operators include Equinix, Digital Realty, Aligned Data Centers, CyrusOne, QTS Realty Trust, NTT DATA, STACK Infrastructure, Vantage Data Centers, DataBank, Switch, and Compass Datacenters. The U.S. data center colocation market also saw several new entrants, including Tract, Crane Data Centers, Corscale Data Centers, Rowan Digital Infrastructure, Edged Energy, and other operators.

GEOGRAPHICAL ANALYSIS

  1. Data center operators are keenly interested in the Southeastern, especially in Virginia. They make substantial investments to expand their presence and industry share in the area.
  2. Data center operators see the Midwestern U.S. as a major hotspot. They build facilities in prime locations, such as Illinois, Iowa, Nebraska, and Ohio, to take advantage of the region's potential.
  3. The Western U.S. region is a full-grown colocation market that includes Oregon, Idaho, Utah, and California. These states are home to numerous data center facilities offering colocation services to businesses and organizations in the area.
  4. The U.S. data center colocation market is projected to experience substantial growth in New York, New Jersey, Pennsylvania, and Connecticut, which will improve connectivity in the northeastern US.
  5. The data center space will likely increase in three key locations that are major data center hubs: Phoenix, Arizona, and Northern Virginia. These regions are major data center locations, attracting substantial investments and attention from colocation providers.

VENDOR LANDSCAPE

  1. Both wholesale and retail colocation vendors are expected to thrive due to increased demand in the market—various sectors, such as the BFSI, IT, telecom, and cloud, demand colocation services.
  2. This rise in colocation operators will likely result in strong competition. The competition will lead to many options for clients seeking colocation services.
  3. The U.S. data center colocation market has the presence of all the major global colocation operators, such as Equinix, Digital Realty, QTS Realty Trust, CyrusOne, Aligned Data Centers, DataBank, Iron Mountain, Vantage Data Centers, NTT DATA, STACK Infrastructure, and others. 
  4. Despite the existence of most major data center operators across the country, several new companies have developed significant data center campuses in the Northern Virginia area. PowerHouse Data Centers and Corescale Data Centers have developed colossal facilities across Virginia.
  5. Skybox Datacenters is among the major operators in the Texas data center market, developing several data center campuses and facilities across the market. The company has developed facilities in partnership with Prologis and Bandera Ventures. 
  6. Tract, Corscale Data Centers, Crane Data Centers, Edged Energy, Rowan Digital Infrastructure, NE Edge, and Quantum Loophole are some of the new players in the U.S. data center colocation market. These players will likely disrupt the market share and further bolster the competition level.

SNAPSHOT

The U.S. data center colocation market size by investment will reach USD 26.95 billion by 2029, growing at a CAGR of 13.81% from 2023 to 2029.

The following factors are likely to contribute to the growth of the U.S. data center colocation market during the forecast period:

  1. Tax-Based Relief and Other Incentives Bolstering Data Center Development
  2. Colocation Facilities Sky-Rocket
  3. All About Mergers, Acquisitions, and Joint Ventures in the Data Center Market
  4. Expanding Subsea Cables for Better Connectivity
  5. The Big Data and IoT Revolution

Base Year: 2023

Forecast Year: 2024-2029

The study considers the present scenario of the U.S. data center colocation market and its market dynamics for 2024−2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the industry. It profiles and examines leading companies and other prominent ones operating in the industry.

Prominent Data Center Investors

  1. CyrusOne
  2. Business Overview
  3. Service Offerings
  4. Key News
  5. DataBank
  6. Digital Realty
  7. Equinix
  8. NTT DATA

Other Data Center Investors

  1. Aligned Data Centers
  2. Business Overview
  3. Service Offerings
  4. Key News
  5. American Tower (CoreSite)
  6. AUBix
  7. Centersquare
  8. CloudHQ
  9. Cologix
  10. Compass Datacenters
  11. COPT Data Center Solutions
  12. DartPoints
  13. DC BLOX
  14. Edge Centres
  15. EdgeConneX
  16. EdgePresence
  17. EdgeCore Digital Infrastructure
  18. Element Critical
  19. Flexential
  20. fifteenfortyseven Critical Systems Realty (1547)
  21. H5 Data Centers
  22. HostDime
  23. Iron Mountain
  24. Netrality Data Centers
  25. Novva Data Centers
  26. PowerHouse Data Centers
  27. Prime Data Centers
  28. QTS Realty Trust
  29. Sabey Data Centers
  30. Skybox Datacenters
  31. Stream Data Centers
  32. STACK Infrastructure
  33. Switch
  34. T5 Data Centers
  35. TierPoint
  36. Vantage Data Centers
  37. Vapor IO
  38. Yondr
  39. 365 Data Centers       

New Entrants

  1. Corscale Data Centers
  2. Business Overview
  3. Service Offerings
  4. Key News
  5. Crane Data Centers
  6. Edged Energy
  7. NE Edge
  8. Quantum Loophole
  9. Rowan Digital Infrastructure
  10. Tract

The report includes the investment in the following areas:

Segmentation by Colocation Type

  1. Retail Colocation
  2. Wholesale Colocation

Segmentation by Infrastructure

  1. Electrical Infrastructure
  2. Mechanical Infrastructure
  3. General Construction

Segmentation by Electrical Infrastructure

  1. UPS Systems
  2. Generators
  3. Transfer Switches & Switchgear
  4. PDUs
  5. Other Electrical Infrastructure

Segmentation by Mechanical Infrastructure

  1. Cooling Systems
  2. Racks
  3. Other Mechanical Infrastructure

Segmentation by Cooling Systems

  1. CRAC & CRAH Units
  2. Chiller Units
  3. Cooling Towers, Condensers & Dry Coolers
  4. Economizers & Evaporative Coolers
  5. Other Cooling Units

Segmentation by Cooling Techniques

  1. Air-based Cooling
  2. Liquid-based Cooling

Segmentation by General Construction

  1. Core & Shell Development
  2. Installation & Commissioning Services
  3. Engineering & Building Design
  4. Fire Detection & Suppression
  5. Physical Security
  6. DCIM/BMS Solutions

Segmentation by Tier Standard

  1. Tier I & II
  2. Tier III
  3. Tier IV

Segmentation by Region

  1. Southeastern U.S.
  2. Midwestern U.S.
  3. Southwestern U.S.
  4. Western U.S.
  5. Northeastern U.S.

Frequently Asked Questions

How big is the U.S. data center colocation market?

The U.S. data center colocation market size by investment was valued at USD 12.40 billion in 2023 and is expected to reach USD 26.95 billion by 2029.

What is the growth rate of the U.S. data center colocation market?

The U.S. data center colocation market share by investment is growing at a CAGR of 13.81% from 2023-2029.

What are the key trends in the U.S. data center colocation market?

Edge data centers & the advent of the 6G era, planet-positive initiatives by colocation operators, colocation demand revolutionized by AI & VR, rise in rack power density, and AI & HPC workloads boosting liquid immersion & direct-to-chip cooling adoption are some key trends in the U.S. data center colocation industry.

How many MW of power capacity is expected to reach the U.S. data center colocation market by 2029?

In the U.S. data center colocation market, power capacity is expected to reach 2,700 MW by 2029.

What is the estimated market size in terms of area in the U.S. data center colocation market by 2029?

Regarding area, the U.S. data center colocation market is expected to reach 13.05 million square feet by 2029.

Exhibit 1: Market Derivation

Exhibit 2: US Data Center Colocation Market Snapshot by Primary Markets

Exhibit 3: US Data Center Colocation Market Snapshot by Secondary Markets

Exhibit 4: Impact of Key Driving Factors 2023 vs 2029

Exhibit 5: Types of Edge Facilities & their Deployment

Exhibit 6: Sustainability Targets by Prominent Colocation Operators in US

Exhibit 7: AI-Powered Data Centers’ Unique Advantages

Exhibit 8: Impact of Key Growth Enablers 2023 vs 2029

Exhibit 9: Big Data & IoT Being Leveraged Across Industries

Exhibit 10: Impact of Key Restraints 2023 vs 2029

Exhibit 11: US Electricity Prices in 2023 vs 2024 (cents/kW)

Exhibit 12: Factors Driving Site Selection for Data Center Development

Exhibit 13: Did Data Center Construction Supply Chain Improve over the Last 12 Months?

Exhibit 14: Supply Chain Trends on Radar for 2024

Exhibit 15: Global CO2 Emissions Generated by Different Sectors

Exhibit 16: Data Center Construction Industry Experiencing Greatest Shortage of Skills

Exhibit 17: Retention of Staff (2023)

Exhibit 18: US Diversity Equity Inclusion and Pay Transparency

Exhibit 19: US Cost of Data Breach (2022 vs 2023)

Exhibit 20: Edge Computing Security Strategies to Lookout for

Exhibit 21: US Data Center Colocation Market by Investment 2020–2029 ($ billion)

Exhibit 22: US Data Center Colocation Market by Area 2020-2029 (Million square feet)

Exhibit 23: US Data Center Colocation Market by Power Capacity 2020-2029 (MW)

Exhibit 24: US Data Center Colocation Market by Colocation Revenue 2020–2029 ($ billion)

Exhibit 25: US Driving Colocation Demand: Key Sectors Analysis

Exhibit 26: Market Snapshot: Colocation Type ($ billion)

Exhibit 27: Cumulative Investment Opportunity by Colocation Type

Exhibit 28: US Data Center Retail Colocation Market 2020-2029 ($ billion)

Exhibit 29: US Data Center Wholesale Colocation Market 2020-2029 ($ billion)

Exhibit 30: Market Snapshot: Infrastructure ($ billion)

Exhibit 31: Overview of Infrastructure

Exhibit 32: US Data Center Colocation Market by Electrical Infrastructure 2020–2029 ($ billion)

Exhibit 33: US Data Center Colocation Market by Mechanical Infrastructure 2020–2029 ($ billion)

Exhibit 34: US Data Center Colocation Market by General Construction 2020–2029 ($ billion)

Exhibit 35: Market Snapshot: Electrical Infrastructure ($ billion)

Exhibit 36: Cumulative Investment Opportunities by Electrical Infrastructure (2024-2029)

Exhibit 37: Market Overview by Electrical Infrastructure

Exhibit 38: US Data Center Colocation Market by UPS Systems 2020–2029 ($ billion)

Exhibit 39: US Data Center Colocation Market by Generators 2020–2029 ($ billion)

Exhibit 40: US Data Center Colocation Market by Transfer Switches & Switchgears 2020–2029 ($ billion)

Exhibit 41: US Data Center Colocation Market by PDUs 2020–2029 ($ billion)

Exhibit 42: US Data Center Colocation Market by Other Electrical Infrastructure 2020–2029 ($ billion)

Exhibit 43: Market Snapshot: Mechanical Infrastructure ($ billion)

Exhibit 44: Cumulative Investment Opportunities by Mechanical Infrastructure (2024-2029)

Exhibit 45: Market Overview by Mechanical Infrastructure

Exhibit 46: US Data Center Colocation Market by Cooling Systems 2020–2029 ($ billion)

Exhibit 47: US Data Center Colocation Market by Racks 2020–2029 ($ billion)

Exhibit 48: US Data Center Colocation Market by Other Mechanical Infrastructure 2020–2029 ($ billion)

Exhibit 49: Market Snapshot: Cooling Sytems ($ billion)

Exhibit 50: Cumulative Investment Opportunities by Cooling Systems (2024-2029)

Exhibit 51: Market Overview by Cooling Systems

Exhibit 52: US Data Center Colocation Market by CRAC & CRAH Units 2020–2029 ($ billion)

Exhibit 53: US Data Center Colocation Market by Chiller Units 2020–2029 ($ billion)

Exhibit 54: US Data Center Colocation Market by Cooling Towers Condensers & Dry Coolers 2020–2029 ($ billion)

Exhibit 55: US Data Center Colocation Market by Economizers & Evaporative Coolers 2020–2029 ($ billion)

Exhibit 56: US Data Center Colocation Market by Other Cooling Units 2020–2029 ($ billion)

Exhibit 57: Market Snapshot: Cooling Technique ($ billion)

Exhibit 58: Cumulative Investment Opportunities by Cooling Technique (2024-2029)

Exhibit 59: Market Overview by Cooling Technique

Exhibit 60: US Data Center Colocation Market by Air-Based Cooling 2020–2029 ($ billion)

Exhibit 61: US Data Center Colocation Market by Liquid-Based Cooling 2020–2029 ($ billion)

Exhibit 62: Market Snapshot: General Construction ($ billion)

Exhibit 63: Cumulative Investment Opportunities by General Construction (2024-2029)

Exhibit 64: Market Overview by General Construction

Exhibit 65: US Data Center Colocation Market by Core & Shell Development 2020–2029 ($ billion)

Exhibit 66: US Data Center Colocation Market by Installation & Commissioning Services 2020–2029 ($ billion)

Exhibit 67: US Data Center Colocation Market by Engineering & Building Design 2020–2029 ($ billion)

Exhibit 68: US Data Center Colocation Market by Fire Detection & Suppression 2020–2029 ($ billion)

Exhibit 69: US Data Center Colocation Market by Physical Security 2020–2029 ($ billion)

Exhibit 70: US Data Center Colocation Market by DCIM/BMS Solutions 2020–2029 ($ billion)

Exhibit 71: Market Snapshot: Tier Standards ($ billion)

Exhibit 72: Cumulative Investment Opportunities by Tier Standards (2024-2029)

Exhibit 73: Overview of Data Center Tier Standards

Exhibit 74: US Data Center Colocation Market by Tier I & II Standards 2020–2029 ($ billion)

Exhibit 75: US Data Center Colocation Market by Tier III Standard 2020–2029 ($ billion)

Exhibit 76: US Data Center Colocation Market by Tier IV Standard 2020–2029 ($ billion)

Exhibit 77: US Data Center Colocation Market Based on Geography Overview (2023)

Exhibit 78: Southeastern US Data Center Colocation Market Overview

Exhibit 79: Southeastern US Data Center Colocation Market by Investment 2020-2029 ($ billion)

Exhibit 80: Southeastern US Data Center Colocation Market by Area 2020-2029 (million square feet)

Exhibit 81: Industrial Electricity Pricing in Southeastern US 2023 & 2024 (cents/kW)

Exhibit 82: Southeastern US Data Center Colocation Market by Power Capacity 2020–2029 (MW)

Exhibit 83: Southeastern US Data Center Colocation Market by Electrical Infrastructure 2020–2029 ($ billion)

Exhibit 84: Southeastern US Data Center Colocation Market by Mechanical Infrastructure 2020–2029 ($ billion)

Exhibit 85: Southeastern US Data Center Colocation Market by General Construction 2020–2029 ($ billion)

Exhibit 86: Average Colocation Pricing in Southeastern US

Exhibit 87: Midwestern US Data Center Colocation Market Overview

Exhibit 88: Midwestern US Data Center Colocation Market by Investment 2020–2029 ($ billion)

Exhibit 89: Midwestern US Data Center Colocation Market by Area 2020–2029 (million square feet)

Exhibit 90: Industrial Electricity Pricing in Midwestern US 2023 & 2024 (cents/kW)

Exhibit 91: Midwestern US Data Center Colocation Market by Power Capacity 2020–2029 (MW)

Exhibit 92: Midwestern US Data Center Colocation Market by Electrical Infrastructure 2020–2029 ($ billion)

Exhibit 93: Midwestern US Data Center Colocation Market by Mechanical Infrastructure 2020–2029 ($ billion)

Exhibit 94: Midwestern US Data Center Colocation Market by General Construction 2020–2029 ($ billion)

Exhibit 95: Average Colocation Pricing in Midwestern US

Exhibit 96: Southwestern US Data Center Colocation Market Overview

Exhibit 97: Southwestern US Data Center Colocation Market by Investment 2020–2029 ($ billion)

Exhibit 98: List of some of Upcoming Data Center Projects across Southwestern US (2024 onwards)

Exhibit 99: Southwestern US Data Center Colocation Market by Area 2020–2029 (million square feet)

Exhibit 100: Industrial Electricity Pricing in Southwestern US 2023 & 2024 (cents/kW)

Exhibit 101: Southwestern US Data Center Colocation Market by Power Capacity 2020–2029 (MW)

Exhibit 102: Southwestern US Data Center Colocation Market by Electrical Infrastructure 2020–2029 ($ billion)

Exhibit 103: Southwestern US Data Center Colocation Market by Mechanical Infrastructure 2020–2029 ($ billion)

Exhibit 104: Southwestern US Data Center Colocation Market by General Construction 2020–2029 ($ billion)

Exhibit 105: Average Colocation Pricing in Southwestern US

Exhibit 106: Western US Data Center Colocation Market Overview

Exhibit 107: Western US Data Center Colocation Market by Investment 2020–2029 ($ billion)

Exhibit 108: Western US Data Center Colocation Market by Area 2020–2029 (million square feet)

Exhibit 109: Industrial Electricity Pricing in Western US 2023 & 2024 (cents/kW)

Exhibit 110: Western US Data Center Colocation Market by Power Capacity 2020–2029 (MW)

Exhibit 111: Western US Data Center Colocation Market by Electrical Infrastructure 2020–2029 ($ billion)

Exhibit 112: Western US Data Center Colocation Market by Mechanical Infrastructure 2020–2029 ($ billion)

Exhibit 113: Western US Data Center Colocation Market by General Construction 2020–2029 ($ billion)

Exhibit 114: Average Colocation Pricing in Western US

Exhibit 115: Northeastern US Data Center Colocation Market Overview

Exhibit 116: Northeastern US Data Center Colocation Market by Investment 2020–2029 ($ billion)

Exhibit 117: Northeastern US Data Center Colocation Market by Area 2020–2029 (million square feet)

Exhibit 118: Industrial Electricity Pricing in Northeastern US 2023 & 2024 (cents/kW)

Exhibit 119: Northeastern US Data Center Colocation Market by Power Capacity 2020–2029 (MW)

Exhibit 120: Northeastern US Data Center Colocation Market by Electrical Infrastructure 2020–2029 ($ billion)

Exhibit 121: Northeastern US Data Center Colocation Market by Mechanical Infrastructure 2020–2029 ($ billion)

Exhibit 122: Northeastern US Data Center Colocation Market by General Construction 2020–2029 ($ billion)

Exhibit 123: Average Colocation Pricing in Northeastern US

Exhibit 124: Vendor Market Share by Colocation Investment (2023)

Exhibit 125: Vendor Market Share by Colocation Area (2023)

Exhibit 126: Vendor Market Share by Colocation Power Capacity (2023)

Exhibit 127: Vendor Market Share by Colocation Revenue (2023)

Exhibit 128: Site Selection Criteria


LIST OF TABLES


Table 1: US Data Center Facilities Mergers & Acquisitions / Sale (2023-2024)

Table 2: US Data Center Companies Merger & Acquisition (2023-2024)

Table 3: US List of Upcoming Submarine Cables

Table 4: US Internet Exchange Points

Table 5: Cost of Data Center Racks

Table 6: Racks vs. Cabinets vs. Cages in Data Centers

Table 7: CRAC vs. CRAH Units in Data Centers

Table 8: Distinction among Data Center Tiers 1, 2, 3, 4, and 5

Table 9: US Data Centers as per Tier III Certification Standard

Table 10: US Data Center as per Tier IV Certification Standard

Table 11: List of some of Upcoming Data Center Projects across Southeastern US (2024 onwards)

Table 12: Land/ Site Purchase & Acquisitions by Operators in Southeastern US

Table 13: List of some of Upcoming Data Center Projects across Midwestern US (2024 onwards)

Table 14: Land/ Site Purchase & Acquisitions by Colocation Operators in Midwestern US

Table 15: Land/ Site Purchase & Acquisitions by Colocation Operators in Southwestern US (2023 onwards)

Table 16: List of some of Upcoming Data Center Projects across Western US (2024 onwards)

Table 17: Land/ Site Purchase & Acquisitions by Colocation Operators in Western US (2023)

Table 18: List of Some of Upcoming Data Center Projects across Northeastern US (2024 onwards)

Table 19: US Data Center Colocation Market Overview 2020-2029

Table 20: US Data Center Colocation Market by Infrastructure 2020-2029 ($ billion)

Table 21: US Data Center Colocation Market by Colocation Type 2020-2029 ($ billion)

Table 22: US Data Center Colocation Market by Electrical Infrastructure 2020–2029 ($ billion)

Table 23: US Data Center Colocation Market by Mechanical Infrastructure 2020–2029 ($ billion)

Table 24: US Data Center Colocation Market by Cooling Systems 2020–2029 ($ billion)

Table 25: US Data Center Colocation Market by Cooling Techniques 2020–2029 ($ billion)

Table 26: US Data Center Colocation Market by General Construction 2020–2029 ($ billion)

Table 27: US Data Center Colocation Market by Tier Standards 2020–2029 ($ billion)

Table 28: US Data Center Colocation Market by Region-wise Investment 2020-2029 ($ billion)

Table 29: US Data Center Colocation Market by Region-wise Area 2020-2029 (million square feet)

Table 30: US Data Center Colocation Market by Region-wise Power Capacity 2020-2029 (MW)

Table 31: Southeastern US Data Center Colocation Market Overview 2020-2029

Table 32: Southeastern US Data Center Colocation Market by Infrastructure 2020-2029 ($ billion)

Table 33: Western US Data Center Colocation Market Overview 2020-2029

Table 34: Western US Data Center Colocation Market by Infrastructure 2020-2029 ($ billion)

Table 35: Southwestern US Data Center Colocation Market Overview 2020-2029

Table 36: Southwestern US Data Center Colocation Market by Infrastructure 2020-2029 ($ billion)

Table 37: Midwestern US Data Center Colocation Market Overview 2020-2029

Table 38: Midwestern US Data Center Colocation Market by Infrastructure 2020-2029 ($ billion)

Table 39: Northeastern US Data Center Colocation Market Overview 2020-2029

Table 40: Northeastern US Data Center Colocation Market by Infrastructure 2020-2029 ($ billion)

Table 41: Currency Conversion Table (2016-2023)

1. REPORT COVERAGE

1.1. WHAT’S INCLUDED

1.2. SEGMENTAL COVERAGE

1.2.1. Market Segmentation by Colocation Type

1.2.2. Market Segmentation by Infrastructure

1.2.3. Market Segmentation by Electrical Infrastructure

1.2.4. Market Segmentation by Mechanical Infrastructure

1.2.5. Market Segmentation by Cooling System

1.2.6. Market Segmentation by Cooling Technique

1.2.7. Market Segmentation by General Construction

1.2.8. Market Segmentation by Tier Standards

2. MARKET AT A GLANCE

3. PREMIUM INSIGHTS

3.1. KEY HIGHLIGHTS

3.2. MARKET OPPORTUNITIES & TRENDS

3.3. GEOGRAPHICAL ANALYSIS

3.4. VENDOR ANALYSIS

4. INTRODUCTION

4.1. MARKET OVERVIEW

4.2. MARKET SNAPSHOT

4.3. HISTORICAL DATA CENTER COLOCATION MARKET

4.4. GLOBAL DATA CENTER COLOCATION MARKET COMPARISON

4.5. US DATA CENTER COLOCATION VENDORS' SPECTRUM

5. MARKET OPPORTUNITIES & TRENDS

5.1. EDGE DATA CENTERS & THE ADVENT OF THE 6G ERA

5.2. PLANET-POSITIVE INITIATIVES BY COLOCATION OPERATORS

5.3. COLOCATION DEMAND REVOLUTIONIZED BY AI & VR

5.4. RISE IN RACK POWER DENSITY

5.5. AI & HPC WORKLOADS BOOSTING LIQUID IMMERSION & DIRECT-TO-CHIP COOLING ADOPTION

6. MARKET GROWTH ENABLERS

6.1. TAX-BASED RELIEF AND OTHER INCENTIVES BOLSTERING DATA CENTER DEVELOPMENT

6.2. COLOCATION FACILITIES SKY-ROCKET

6.3. ALL ABOUT MERGERS, ACQUISITIONS, AND JOINT VENTURES IN THE DATA CENTER MARKET

6.4. EXPANDING SUBSEA CABLES FOR BETTER CONNECTIVITY

6.5. THE BIG DATA AND IOT REVOLUTION

7. MARKET RESTRAINTS

7.1. POWER CHALLENGES CRIPPLING DATA CENTER OPERATIONS

7.2. HINDRANCES IN THE SUPPLY CHAIN SYSTEM

7.3. RISING CARBON EMISSIONS – THE PLANET’S FOE

7.4. DISCRIMINATORY PRACTICES AND OTHER WORKFORCE-RELATED ISSUES

7.5. SECURITY ISSUES IMPACTING DATA CENTER GROWTH

8. MARKET LANDSCAPE

8.1. MARKET OVERVIEW

8.2. INVESTMENT: MARKET SIZE & FORECAST

8.3. AREA: MARKET SIZE & FORECAST

8.4. POWER CAPACITY: MARKET SIZE & FORECAST

8.5. COLOCATION REVENUE: MARKET SIZE & FORECAST

9. COLOCATION TYPE

9.1. MARKET SNAPSHOT & GROWTH ENGINE

9.2. RETAIL COLOCATION

9.2.1. MARKET OVERVIEW

9.2.2. MARKET SIZE & FORECAST

9.3. WHOLESALE COLOCATION

9.3.1. MARKET OVERVIEW

9.3.2. MARKET SIZE & FORECAST

10. INFRASTRUCTURE

10.1. MARKET SNAPSHOT

10.2. KEY HIGHLIGHTS

10.3. ELECTRICAL INFRASTRUCTURE

10.3.1. Market Overview

10.3.2. Investment: Market Size & Forecast

10.5. MECHANICAL INFRASTRUCTURE

10.5.1. Market Overview

10.5.2. Investment: Market Size & Forecast

10.6. GENERAL CONSTRUCTION

10.6.1. Market Overview

10.6.2. Investment: Market Size & Forecast

11. ELECTRICAL INFRASTRUCTURE

11.1. MARKET SNAPSHOT & GROWTH ENGINE

11.2. MARKET OVERVIEW

11.3. UPS SYSTEMS

11.3.1. Market Overview

11.3.2. Investment: Market Size & Forecast

11.4. GENERATORS

11.4.1. Market Overview

11.4.2. Investment: Market Size & Forecast

11.5. TRANSFER SWITCHES & SWITCHGEAR

11.5.1. Market Overview

11.5.2. Investment: Market Size & Forecast

11.6. PDUS

11.6.1. Market Overview

11.6.2. Investment: Market Size & Forecast

11.7. OTHER ELECTRICAL INFRASTRUCTURE

11.7.1. Market Overview

11.7.2. Investment: Market Size & Forecast

12. MECHANICAL INFRASTRUCTURE

12.1. MARKET SNAPSHOT & GROWTH ENGINE

12.2. MARKET OVERVIEW

12.3. COOLING SYSTEMS

12.3.1. Market Overview

12.3.2. Investment: Market Size & Forecast

12.4. RACKS

12.4.1. Market Overview

12.4.2. Investment: Market Size & Forecast

12.5. OTHER MECHANICAL INFRASTRUCTURE

12.5.1. Market Overview

12.5.2. Investment: Market Size & Forecast

13. COOLING SYSTEMS

13.1. MARKET SNAPSHOT & GROWTH ENGINE

13.2. MARKET OVERVIEW

13.3. CRAC & CRAH UNITS

13.3.1. Market Overview

13.3.2. Investment: Market Size & Forecast

13.4. CHILLER UNITS

13.4.1. Market Overview

13.4.2. Investment: Market Size & Forecast

13.5. COOLING TOWERS, CONDENSERS & DRY COOLERS

13.5.1. Market Overview

13.5.2. Investment: Market Size & Forecast

13.6. ECONOMIZERS & EVAPORATIVE COOLERS

13.6.1. Market Overview

13.6.2. Investment: Market Size & Forecast

13.7. OTHER COOLING UNITS

13.7.1. Market Overview

13.7.2. Investment: Market Size & Forecast

14. COOLING TECHNIQUE

14.1. MARKET SNAPSHOT & GROWTH ENGINE

14.2. MARKET OVERVIEW

14.3. AIR-BASED COOLING

14.3.1. Market Overview

14.3.2. Investment: Market Size & Forecast

14.4. LIQUID-BASED COOLING

14.4.1. Market Overview

14.4.2. Investment: Market Size & Forecast

15. GENERAL CONSTRUCTION

15.1. MARKET SNAPSHOT & GROWTH ENGINE

15.2. MARKET OVERVIEW

15.3. CORE & SHELL DEVELOPMENT

15.3.1. Market Overview

15.3.2. Investment: Market Size & Forecast

15.4. INSTALLATION & COMMISSIONING SERVICES

15.4.1. Market Overview

15.4.2. Investment: Market Size & Forecast

15.5. ENGINEERING & BUILDING DESIGN

15.5.1. Market Overview

15.5.2. Investment: Market Size & Forecast

15.6. FIRE DETECTION & SUPPRESSION

15.6.1. Market Overview

15.6.2. Investment: Market Size & Forecast

15.7. PHYSICAL SECURITY

15.7.1. Market Overview

15.7.2. Investment: Market Size & Forecast

15.8. DCIM/BMS SOLUTIONS

15.8.1. Market Overview

15.8.2. Investment: Market Size & Forecast

16. TIER STANDARDS

16.1. MARKET SNAPSHOT & GROWTH ENGINE

16.2. MARKET OVERVIEW

16.3. TIER I & II

16.3.1. Market Overview

16.3.2. Investment: Market Size & Forecast

16.4. TIER III

16.4.1. Market Overview

16.4.2. Investment: Market Size & Forecast

16.5. TIER IV

16.5.1. Market Overview

16.5.2. Investment: Market Size & Forecast

17. GEOGRAPHIC OVERVIEW

18. SOUTHEASTERN US

18.1. Market Overview

18.2. INVESTMENT: MARKET SIZE & FORECAST

18.2.1. Virginia

18.2.2. Georgia

18.2.3. Florida

18.2.4. Alabama

18.2.5. Other States

18.3. AREA: MARKET SIZE & FORECAST

18.3.1. Virginia

18.3.2. Georgia

18.3.3. Florida

18.3.4. Alabama

18.3.5. Other States

18.4. ELECTRICITY PRICING

18.5. POWER CAPACITY: MARKET SIZE & FORECAST

18.5.1. Virginia

18.5.2. Georgia

18.5.3. Florida

18.5.4. Alabama

18.5.5. Other States

18.6. MARKET BY INFRASTRUCTURE

18.6.1. Electrical Infrastructure: Market Size & Forecast

18.6.2. Mechanical Infrastructure: Market Size & Forecast

18.6.3. General Construction: Market Size & Forecast

18.7. COLOCATION PRICING

19. MIDWESTERN US

19.1. Market Overview

19.2. INVESTMENT: MARKET SIZE & FORECAST

19.2.1. Ohio

19.2.2. Illinois

19.2.3. Missouri

19.2.4. Other States

19.3. AREA: MARKET SIZE & FORECAST

19.3.1. Ohio

19.3.2. Illinois

19.3.3. Missouri

19.3.4. Other States

19.4. ELECTRICITY PRICING

19.5. POWER CAPACITY: MARKET SIZE & FORECAST

19.5.1. Ohio

19.5.2. Illinois

19.5.3. Missouri

19.5.4. Other States

19.6. MARKET BY INFRASTRUCTURE

19.6.1. Electrical Infrastructure: Market Size & Forecast

19.6.2. Mechanical Infrastructure: Market Size & Forecast

19.6.3. General Construction: Market Size & Forecast

19.7. COLOCATION PRICING

20. SOUTHWESTERN US

20.1. Market Overview

20.2. INVESTMENT: MARKET SIZE & FORECAST

20.2.1. Texas

20.2.2. Arizona

20.2.3. Other States

20.3. AREA: MARKET SIZE & FORECAST

20.3.1. Texas

20.3.2. Arizona

20.3.3. Other States

20.4. ELECTRICITY PRICING

20.5. POWER CAPACITY: MARKET SIZE & FORECAST

20.5.1. Texas

20.5.2. Arizona

20.5.3. Other States

20.6. MARKET BY INFRASTRUCTURE

20.6.1. Electrical Infrastructure: Market Size & Forecast

20.6.2. Mechanical Infrastructure: Market Size & Forecast

20.6.3. General Construction: Market Size & Forecast

20.7. COLOCATION PRICING

21. WESTERN US

21.1. Market Overview

21.2. INVESTMENT: MARKET SIZE & FORECAST

21.2.1. California

21.2.2. Utah

21.2.3. Nevada

21.2.4. Oregon

21.2.5. Other States

21.3. AREA: MARKET SIZE & FORECAST

21.3.1. California

21.3.2. Utah

21.3.3. Nevada

21.3.4. Oregon

21.3.5. Other States

21.4. ELECTRICITY PRICING

21.5. POWER CAPACITY: MARKET SIZE & FORECAST

21.5.1. California

21.5.2. Utah

21.5.3. Nevada

21.5.4. Oregon

21.5.5. Other States

21.6. MARKET BY INFRASTRUCTURE

21.6.1. Electrical Infrastructure: Market Size & Forecast

21.6.2. Mechanical Infrastructure: Market Size & Forecast

21.6.3. General Construction: Market Size & Forecast

21.7. COLOCATION PRICING

22. NORTHEASTERN US

22.1. Market Overview

22.2. INVESTMENT: MARKET SIZE & FORECAST

22.2.1. New York

22.2.2. New Jersey

22.2.3. Pennsylvania

22.2.4. Connecticut

22.2.5. Other States

22.3. AREA: MARKET SIZE & FORECAST

22.3.1. New Jersey

22.3.2. Pennsylvania

22.3.3. Connecticut

22.3.4. Other States

22.4. ELECTRICITY PRICING

22.5. POWER CAPACITY: MARKET SIZE & FORECAST

22.5.1. Pennsylvania

22.5.2. New York

22.5.3. New Jersey

22.5.4. Other States

22.6. MARKET BY INFRASTRUCTURE

22.6.1. Electrical Infrastructure: Market Size & Forecast

22.6.2. Mechanical Infrastructure: Market Size & Forecast

22.6.3. General Construction: Market Size & Forecast

22.7. COLOCATION PRICING

23. COMPETITIVE LANDSCAPE

23.1. MARKET SHARE BY COLOCATION INVESTMENT

23.2. MARKET SHARE BY COLOCATION AREA

23.3. MARKET SHARE BY COLOCATION POWER CAPACITY

23.4. MARKET SHARE BY COLOCATION REVENUE

24. PROMINENT DATA CENTER INVESTORS

24.1. CYRUSONE

24.1.1. Business Overview

24.1.2. Service Offerings

24.1.3. Key News

24.2. DATABANK

24.2.1. Business Overview

24.2.2. Service Offerings

24.2.3. Key News

24.3. DIGITAL REALTY

24.3.1. Business Overview

24.3.2. Service Offerings

24.3.3. Key News

24.4. EQUINIX

24.4.1. Business Overview

24.4.2. Service Offerings

24.4.3. Key News

24.5. NTT DATA

24.5.1. Business Overview

24.5.2. Service Offerings

24.5.3. Key News

25. OTHER DATA CENTER INVESTORS

25.1. ALIGNED DATA CENTERS

25.1.1. Business Overview

25.1.2. Service Offerings

25.1.3. Key News

25.2. AMERICAN TOWER (CORESITE)

25.2.1. Business Overview

25.2.2. Service Offerings

25.2.3. Key News

25.3. AUBIX

25.3.1. Business Overview

25.3.2. Service Offerings

25.4. CENTERSQUARE

25.4.1. Business Overview

25.4.2. Service Offerings

25.5. CLOUDHQ

25.5.1. Business Overview

25.5.2. Service Offerings

25.5.3. Key News

25.6. COLOGIX

25.6.1. Business Overview

25.6.2. Service Offerings

25.6.3. Key News

25.7. COMPASS DATACENTERS

25.7.1. Business Overview

25.7.2. Service Offerings

25.7.3. Key News

25.8. COPT DATA CENTER SOLUTIONS

25.8.1. Business Overview

25.8.2. Service Offerings

25.8.3. Key News

25.9. DARTPOINTS

25.9.1. Business Overview

25.9.2. Service Offerings

25.9.3. Key News

25.10. DC BLOX

25.10.1. Business Overview

25.10.2. Service Offerings

25.10.3. Key News

25.11. EDGE CENTRES

25.11.1. Business Overview

25.11.2. Service Offerings

25.11.3. Key News

25.12. EDGECONNEX

25.12.1. Business Overview

25.12.2. Service Offerings

25.12.3. Key News

25.13. EDGEPRESENCE

25.13.1. Business Overview

25.13.2. Service Offerings

25.13.3. Key News

25.14. EDGECORE DIGITAL INFRASTRUCTURE

25.14.1. Business Overview

25.14.2. Service Offerings

25.14.3. Key News

25.15. ELEMENT CRITICAL

25.15.1. Business Overview

25.15.2. Service Offerings

25.16. FLEXENTIAL

25.16.1. Business Overview

25.16.2. Service Offerings

25.16.3. Key News

25.17. FIFTEENFORTYSEVEN CRITICAL SYSTEMS REALTY (1547)

25.17.1. Business Overview

25.17.2. Service Offerings

25.18. H5 DATA CENTERS

25.18.1. Business Overview

25.18.2. Service Offerings

25.18.3. Key News

25.19. HOSTDIME

25.19.1. Business Overview

25.19.2. Service Offerings

25.20. IRON MOUNTAIN

25.20.1. Business Overview

25.20.2. Service Offerings

25.20.3. Key News

25.21. NETRALITY DATA CENTERS

25.21.1. Business Overview

25.21.2. Service Offerings

25.21.3. Key News

25.22. NOVVA DATA CENTERS

25.22.1. Business Overview

25.22.2. Service Offerings

25.22.3. Key News

25.23. POWERHOUSE DATA CENTERS

25.23.1. Business Overview

25.23.2. Service Offerings

25.23.3. Key News

25.24. PRIME DATA CENTERS

25.24.1. Business Overview

25.24.2. Service Offerings

25.24.3. Key News

25.25. QTS REALTY TRUST

25.25.1. Business Overview

25.25.2. Service Offerings

25.25.3. Key News

25.26. SABEY DATA CENTERS

25.26.1. Business Overview

25.26.2. Service Offerings

25.26.3. Key News

25.27. SKYBOX DATACENTERS

25.27.1. Business Overview

25.27.2. Service Offerings

25.27.3. Key News

25.28. STREAM DATA CENTERS

25.28.1. Business Overview

25.28.2. Service Offerings

25.28.3. Key News

25.29. STACK INFRASTRUCTURE

25.29.1. Business Overview

25.29.2. Service Offerings

25.29.3. Key News

25.30. SWITCH

25.30.1. Business Overview

25.30.2. Service Offerings

25.30.3. Key News

25.31. T5 DATA CENTERS

25.31.1. Business Overview

25.31.2. Service Offerings

25.31.3. Key News

25.32. TIERPOINT

25.32.1. Business Overview

25.32.2. Service Offerings

25.32.3. Key News

25.33. VANTAGE DATA CENTERS

25.33.1. Business Overview

25.33.2. Service Offerings

25.33.3. Key News

25.34. VAPOR IO

25.34.1. Business Overview

25.34.2. Service Offerings

25.34.3. Key News

25.35. YONDR

25.35.1. Business Overview

25.35.2. Service Offerings

25.35.3. Key News

25.36. 365 Data Centers

25.36.1. Business Overview

25.36.2. Service Offerings

25.36.3. Key News

26. NEW ENTRANTS

26.1. CORSCALE DATA CENTERS

26.1.1. Business Overview

26.1.2. Service offerings

26.1.3. Key news

26.2. CRANE DATA CENTERS

26.2.1. Business Overview

26.2.2. Service offerings

26.2.3. Key news

26.3. EDGED ENERGY

26.3.1. Business Overview

26.3.2. Service offerings

26.3.3. Key news

26.4. NE EDGE

26.4.1. Business Overview

26.4.2. Service offerings

26.4.3. Key news

26.5. QUANTUM LOOPHOLE

26.5.1. Business Overview

26.5.2. Service offerings

26.6. ROWAN DIGITAL INFRASTRUCTURE

26.6.1. Business Overview

26.6.2. Service offerings

26.6.3. Key news

26.7. TRACT

26.7.1. Business Overview

26.7.2. Service Offerings

26.7.3. Key News

27. QUANTITATIVE SUMMARY

27.1. US DATA CENTER COLOCATION MARKET

27.1.1. Overview: Market Size & Forecast

27.1.2. Infrastructure: Market Size & Forecast

27.1.3. Colocation Type: Market Size & Forecast

27.1.4. Electrical Infrastructure: Market Size & Forecast

27.1.5. Mechanical Infrastructure: Market Size & Forecast

27.1.6. Cooling Systems: Market Size & Forecast

27.1.7. Cooling Techniques: Market Size & Forecast

27.1.8. General Construction: Market Size & Forecast

27.1.9. Tier Standards: Market Size & Forecast

27.2. GEOGRAPHICAL SEGMENTATION

27.2.1. Investment: Market Size & Forecast

27.2.2. Area: Market Size & Forecast

27.2.3. Power Capacity: Market Size & Forecast

27.3. SOUTHEASTERN US

27.3.1. Investment: Market Size & Forecast

27.3.2. Infrastructure: Market Size & Forecast

27.4. WESTERN US

27.4.1. Investment: Market Size & Forecast

27.4.2. Infrastructure: Market Size & Forecast

27.5. SOUTHWESTERN US

27.5.1. Investment: Market Size &Forecast

27.5.2. Infrastructure: Market Size & Forecast

27.6. MIDWESTERN US

27.6.1. Investment: Market Size &Forecast

27.6.2. Infrastructure: Market Size & Forecast

27.7. NORTHEASTERN US

27.7.1. Investment: Market Size &Forecast

27.7.2. Infrastructure: Market Size & Forecast

28. APPENDIX

28.1. LIST OF ABBREVIATIONS

28.2. SITE SELECTION CRITERIA

28.3. CURRENCY CONVERSION

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Frequently Asked Questions

How big is the U.S. data center colocation market?

The U.S. data center colocation market size by investment was valued at USD 12.40 billion in 2023 and is expected to reach USD 26.95 billion by 2029.

What is the growth rate of the U.S. data center colocation market?

The U.S. data center colocation market share by investment is growing at a CAGR of 13.81% from 2023-2029.

What are the key trends in the U.S. data center colocation market?

Edge data centers & the advent of the 6G era, planet-positive initiatives by colocation operators, colocation demand revolutionized by AI & VR, rise in rack power density, and AI & HPC workloads boosting liquid immersion & direct-to-chip cooling adoption are some key trends in the U.S. data center colocation industry.

How many MW of power capacity is expected to reach the U.S. data center colocation market by 2029?

In the U.S. data center colocation market, power capacity is expected to reach 2,700 MW by 2029.

What is the estimated market size in terms of area in the U.S. data center colocation market by 2029?

Regarding area, the U.S. data center colocation market is expected to reach 13.05 million square feet by 2029.