CHICAGO, April 7, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this U.S. data center market report.
The U.S. data center market is expected to grow at a CAGR of approximately 3% during the period 2020−2026.
Key Highlights Offered in the Report:
COVID-19 has been a strong catalyst for growth in the US data center investments in 2020, with significant growth in the Northern Virginia, Dallas, Silicon Valley, Chicago, Phoenix, and Atlanta data center market.
45+ hyperscale data centers with a capacity of 15 MW or more were opened or under construction in the US in 2020, contributing to over 70% of the overall investment received.
In order to cater to the demand for low latency and additional data storage needs of its users, Facebook is currently investing in 17 data center building across 10 major cities in the US, in 2020.
The market is witnessing new entrants such as PointOne, NOVVA, Cirrus Data Services, T-Rex, Archer Data Center, Cirrus Data Services, and Stratus DC Management, who will be major investors in the market during the forecast period.
Over 25 states in the US offer specific tax incentives for building data centers, including Virginia, Illinois, Ohio, North Carolina, Alabama, New York, Arizona, and Nebraska.