New York Data Center MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2031)

The New York Data Center Market is Segmented by DC Size (Small, Medium, Large, Massive, and Mega), Tier Type (Tier 1&2, Tier 3, and Tier 4), Absorption (Utilized (Colocation Type (Retail, Wholesale, and Hyperscale)), End-User (Cloud & IT, Telecom, Media & Entertainment, Government, BFSI, Manufacturing, E-Commerce, and Other End-User Industries), and Non-Utilized). The Market Sizes and Forecasts are Provided in Terms of Value (MW) for all the Above Segments.

New York Data Center MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2031)

New York Data Center Market Size

New York Data Center Market Summary
Study Period 2019 - 2031
Base Year For Estimation 2024
Forecast Data Period 2025 - 2031
Historical Data Period 2019 - 2023
CAGR 9.30 %
Market Concentration Medium

Major Players

New York Data Center Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of New York Data Center Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

New York Data Center Market Analysis

The New York Data Center Market is expected to register a CAGR of 9.3% during the forecast period.

The New York data center market is going through a robust rebound, as in recent years, more data center leasing has progressively taken over vacant spaces in the city. 

  • The city has lately seen new market players and development in a new sub-market nearby Rockland County in New York.
  • According to research published by JJL, continuous edge growth, and development in carrier hotels amongst content, carrier, and technology renter base is fueling the market growth in New York. 
  • Additionally, the city continues to see stable increases in healthcare, financial services, as well as technology and is expected to be back in constructing mode soon as greater deals shape down the already accessible inventory of data centers in the city.
  • With engagement ongoing apace, the New York data center market continues to grow at a stable pace, with sustained services directing the connectivity center that has developed nearby the financial and population center of New York City.

New York Data Center Industry Overview

Although quite a few data center service providers are operating in the New York data center market, a lot of operators choose to capitalize on large-scale organizations available in the market in other regions with lesser costs. Even though the concentration of industries in the New York urban area generates sufficient demand to inhabit a large facility, the costs of power by itself can stop data centers from making an investment in the area.

This has encouraged the development of a new sub-market for data centers in Rockland County, which is in the state of New York. The submarket is focused on Orangeburg, the town that is around 25 miles northward of Manhattan. In 2021, DataBank announced an important development in Orangeburg. The company bought a 34-acre property in the area. It plans to construct a data center with a capacity of 200,000 SF, 30 MW.

Furthermore, in May 2022, ColoHouse announced the expansion of its footprint in Orangeburg with a 1547 critical systems realty facility. This facility added 15,000 SF of capacity to the company's portfolio.

New York Data Center Market Leaders

  1. Digital Realty Trust, Inc.

  2. DataBank

  3. CoreSite

  4. CyrusOne

  5. Equinix Inc.

  6. *Disclaimer: Major Players sorted in no particular order
New York Data Center Market Concentration
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New York Data Center Market News

  • July 2024 - TeraWulf gets approval for more data centers at Lake Mariner campus in New York, The preliminary site plan seems to suggest the next phase of construction will consist of two data center buildings - one with 50MW of capacity and the other with 20MW. The other two buildings will be for electrical switch gear or a dry cooler yard.
  • July 2024 - Artificial Intelligence has seen a huge pick-up in demand in the past several years – and the bright lights of New York are attracting data centers.They are being leased out of Manhattan from 60 Hudson Street to 32 Avenue of the Americas as co-location centers, according to Tony Gulotta, principal in charge at NYC office for global tax firm, Ryan LLC. He has worked with data center providers in the city.

New York Data Center Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. KEY INDUSTRY TRENDS

  • 4.1 Smartphone Users
  • 4.2 Data Traffic per Smartphone
  • 4.3 Mobile Data Speed
  • 4.4 Broadband Data Speed
  • 4.5 Regulatory Framework?
  • 4.6 Value Chain Analysis

5. MARKET OUTLOOK

  • 5.1 IT Load Capacity
  • 5.2 Raised Floor Space
  • 5.3 Number of Racks

6. MARKET SEGMENTATION

  • 6.1 DC Size
    • 6.1.1 Small
    • 6.1.2 Medium
    • 6.1.3 Large
    • 6.1.4 Massive
    • 6.1.5 Mega
  • 6.2 Tier Type
    • 6.2.1 Tier 1 & 2
    • 6.2.2 Tier 3
    • 6.2.3 Tier 4
  • 6.3 Absorption
    • 6.3.1 Utilized
    • 6.3.1.1 Colocation Type
    • 6.3.1.1.1 Retail
    • 6.3.1.1.2 Wholesale
    • 6.3.1.1.3 Hyperscale
    • 6.3.1.2 End-User
    • 6.3.1.2.1 Cloud & IT
    • 6.3.1.2.2 Telecom
    • 6.3.1.2.3 Media & Entertainment
    • 6.3.1.2.4 Government
    • 6.3.1.2.5 BFSI
    • 6.3.1.2.6 Manufacturing
    • 6.3.1.2.7 E-Commerce
    • 6.3.1.2.8 Other End-Users
    • 6.3.2 Non-Utilized

7. COMPETITVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Digital Realty Trust, Inc.
    • 7.1.2 DataBank
    • 7.1.3 CoreSite
    • 7.1.4 CyrusOne
    • 7.1.5 Equinix Inc.
    • 7.1.6 Cyxtera Technologies, Inc.
    • 7.1.7 Rackspace Technology
    • 7.1.8 Tierpoint LLC
    • 7.1.9 Evocative
    • 7.1.10 Telehouse
    • 7.1.11 H5 Data centers
    • 7.1.12 Hivelocity
    • 7.1.13 Colocrossing
    • 7.1.14 365 data centers
    • 7.1.15 Cogent
  • *List Not Exhaustive
**Subject to Availability
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New York Data Center Industry Segmentation

A data center is a physical room, building, or facility that holds IT infrastructure used to construct, run, and provide applications and services and store and manage the data connected with those applications and services.

The New York data center market is segmented by DC size (small, medium, large, massive, and mega), tier type (tier 1&2, tier 3, and tier 4), absorption (utilized (colocation type (retail, wholesale, and hyperscale)), end-user (cloud & IT, telecom, media & entertainment, government, BFSI, manufacturing, e-commerce, and end-user industries), and non-utilized).

The market sizes and forecasts are provided in terms of value (MW) for all the above segments.

DC Size Small
Medium
Large
Massive
Mega
Tier Type Tier 1 & 2
Tier 3
Tier 4
Absorption Utilized Colocation Type Retail
Wholesale
Hyperscale
End-User Cloud & IT
Telecom
Media & Entertainment
Government
BFSI
Manufacturing
E-Commerce
Other End-Users
Non-Utilized
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New York Data Center Market Research Faqs

What is the current New York Data Center Market size?

The New York Data Center Market is projected to register a CAGR of 9.30% during the forecast period (2025-2031)

Who are the key players in New York Data Center Market?

Digital Realty Trust, Inc., DataBank, CoreSite, CyrusOne and Equinix Inc. are the major companies operating in the New York Data Center Market.

What years does this New York Data Center Market cover?

The report covers the New York Data Center Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the New York Data Center Market size for years: 2025, 2026, 2027, 2028, 2029, 2030 and 2031.

New York Data Center Industry Report

Statistics for the 2025 New York Data Center market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. New York Data Center analysis includes a market forecast outlook for 2025 to 2031 and historical overview. Get a sample of this industry analysis as a free report PDF download.