# Data Center Market > Data Center Market: USD 697.78 billion in 2026, USD 2.16 trillion by 2035, a 14.27% CAGR from 2025 as AI capacity rises to 66% of new builds. Publisher: DC Market Insights Author: Amit Jain, DC Market Insights Published: 2025-10-13 Last updated: 2026-10-12 Next review: Apr 2027 Page: https://www.dcmarketinsights.com/report/global-data-center-market ## Key takeaways - Gigawatt-scale AI campuses - Refresh of the AI installed base **Frequently Asked Questions** **What is the size of the Data Center Market in 2026?** USD 697.78 billion in 2026, up 22.41% from USD 570.04 billion in 2025, according to DC Market Insights estimates. The market is projected to reach USD 2.16 trillion by 2035, a CAGR of 14.27% from 2025 to 2035. **How fast is the Data Center Market growing?** 14.27% a year from 2025 to 2035 in the base case, within a 12.12% to 15.10% range. Growth comes from new IT capacity rising from 12.0 GW in 2025 to 27.0 GW in 2035 and the AI share of that capacity rising from 35% to 66%. **What is the data center market?** USD 570.04 billion of 2025 spending on IT Infrastructure, Power Solutions, Cooling Systems and General Construction inside data centers. It excludes land, grid connections and cloud or colocation service revenue, which are paid for the same assets. **Which segment leads the Data Center Market?** IT Infrastructure, with USD 430.94 billion in 2025, a 75.6% share. It is also the fastest-growing component at 15.12% a year, because AI halls need about USD 35 million of servers, storage and networking per MW. **How much does it cost to build a data center per MW?** About USD 10.7 million per MW for shell and core in 2025 and USD 11.3 million in 2026, according to JLL. An AI data center costs about USD 45.7 million per MW once USD 35 million of IT fit-out is added. **Which region leads the Data Center Market?** North America, with USD 256.52 billion in 2025 and a 45.0% share. The Middle East and Africa grows fastest at 18.18% a year, reaching USD 151.41 billion by 2035 as Gulf sovereign funds back AI campuses. **Which country spends the most on data centers?** The United States, with USD 233.72 billion in 2025, 41.0% of the market. India grows fastest among large countries at 21.18% a year, from USD 14.25 billion in 2025 to USD 97.33 billion by 2035. **Who are the leading companies in the Data Center Market?** About 55% of 2025 spending, USD 313.52 billion, comes from cloud and hyperscale buyers led by Amazon Web Services, Microsoft, Alphabet, Meta and Oracle. Equinix (USD 9.217 billion 2025 revenue), Digital Realty, Vertiv, Schneider Electric and NVIDIA lead among operators and suppliers. **Why do Data Center Market estimates differ?** Because scopes differ: DC Market Insights counts USD 697.78 billion of 2026 infrastructure spending only. Capex views that add land, pre-build and leases exceed USD 1 trillion, while colocation-only or facility-only views land near USD 100–300 billion. **How many data centers are being built in North America?** A record 7,481 MW was under construction in North America's primary markets in the first half of 2026, according to CBRE, with vacancy at 1.4%. DC Market Insights values North American spending at USD 256.52 billion in 2025. ## Dataset | Series | Value | Unit | | --- | --- | --- | | Market size 2025 | 570,040 | USD million | | Revenue CAGR | 14.27 | % | | Market size 2035 | 2,160,000 | USD million | ## Frequently asked questions ### What is the size of the Data Center Market in 2026? USD 697.78 billion in 2026, up 22.41% from USD 570.04 billion in 2025, according to DC Market Insights estimates. The market is projected to reach USD 2.16 trillion by 2035, a CAGR of 14.27% from 2025 to 2035. ### How fast is the Data Center Market growing? 14.27% a year from 2025 to 2035 in the base case, within a 12.12% to 15.10% range. Growth comes from new IT capacity rising from 12.0 GW in 2025 to 27.0 GW in 2035 and the AI share of that capacity rising from 35% to 66%. ### What is the data center market? USD 570.04 billion of 2025 spending on IT Infrastructure, Power Solutions, Cooling Systems and General Construction inside data centers. It excludes land, grid connections and cloud or colocation service revenue, which are paid for the same assets. ### Which segment leads the Data Center Market? IT Infrastructure, with USD 430.94 billion in 2025, a 75.6% share. It is also the fastest-growing component at 15.12% a year, because AI halls need about USD 35 million of servers, storage and networking per MW. ### How much does it cost to build a data center per MW? About USD 10.7 million per MW for shell and core in 2025 and USD 11.3 million in 2026, according to JLL. An AI data center costs about USD 45.7 million per MW once USD 35 million of IT fit-out is added. ### Which region leads the Data Center Market? North America, with USD 256.52 billion in 2025 and a 45.0% share. The Middle East and Africa grows fastest at 18.18% a year, reaching USD 151.41 billion by 2035 as Gulf sovereign funds back AI campuses. ### Which country spends the most on data centers? The United States, with USD 233.72 billion in 2025, 41.0% of the market. India grows fastest among large countries at 21.18% a year, from USD 14.25 billion in 2025 to USD 97.33 billion by 2035. ### Who are the leading companies in the Data Center Market? About 55% of 2025 spending, USD 313.52 billion, comes from cloud and hyperscale buyers led by Amazon Web Services, Microsoft, Alphabet, Meta and Oracle. Equinix (USD 9.217 billion 2025 revenue), Digital Realty, Vertiv, Schneider Electric and NVIDIA lead among operators and suppliers. ### Why do Data Center Market estimates differ? Because scopes differ: DC Market Insights counts USD 697.78 billion of 2026 infrastructure spending only. Capex views that add land, pre-build and leases exceed USD 1 trillion, while colocation-only or facility-only views land near USD 100–300 billion. ### How many data centers are being built in North America? A record 7,481 MW was under construction in North America's primary markets in the first half of 2026, according to CBRE, with vacancy at 1.4%. DC Market Insights values North American spending at USD 256.52 billion in 2025. ## How to cite Data Center Market Research & Consulting | DC Market Insights, "Data Center Market", updated 2026-10-12, https://www.dcmarketinsights.com/report/global-data-center-market