Market Size of North America Data Center Networking Industry
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2030 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.10 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Data Center Networking Market Analysis
The North America data center networking market reached a value of USD 9.0 billion in the previous year, and it is further projected to register a CAGR of 7.1 % during the forecast period.
- The IT infrastructure market is undergoing a rapid digital transformation. Canada and parts of the United States have become ideal locations for primary co-location and disaster recovery data centers hosting global enterprises.
- To reduce latency, hyperscalers, and cloud companies are building small data centers close to population centers outside of core markets. Generative AI and the growth of connected devices will continue to drive demand for Edge data center requirements, leading to major market demand.
- The upcoming IT load capacity of the North American data center server market is expected to reach 25,757 MW by 2029. The country's construction of raised floor area is expected to increase to 88.9 million sq. ft by 2029.
- The region's total number of racks to be installed is expected to reach 4.4 million units by 2029. The United States is expected to house the maximum number of racks by 2029.
- There are close to 100 submarine cable systems connecting North America, and many are under construction. One such submarine cable that is estimated to start service in 2023 is GigNet-1), which stretches over 1,104 km with landing points from Boca Raton, United States.
