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Data Center Market , 36% of Growth to Originate from North America, Technavio

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NEW YORK, Dec. 15, 2024 /PRNewswire/ — The global data center market size is estimated to grow by USD 434.8 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 14.52% during the forecast period.

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Report Attribute

Details

Base Year

2023

Forecast period

2024-2028

Historic Data for

2018 – 2022

Segments Covered

Component (IT infrastructure, Power management, Mechanical construction, General construction, and Security solutions), End-user (BFSI, Energy, IT, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

 

Key Companies Covered

365 Data Centers, Alphabet Inc., Amazon.com Inc., Apple Inc., China Telecom Corp. Ltd., Cisco Systems Inc., CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., KDDI Corp., Microsoft Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., Salesforce Inc., SAP SE, and Verizon Communications Inc.

 

Regions Covered

North America, APAC, Europe, South America, and Middle East and Africa

Region Outlook

North AmericaEuropeAsiaRest of World

1. North America – North America is estimated to contribute 36%. To the growth of the global market. The Data Center Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027.  The data center market is experiencing a significant shift towards decentralized infrastructure as businesses seek to minimize On-premises infrastructure costs while maintaining Scalability and Flexibility. Real-time data processing is crucial for industries such as autonomous vehicles, IoT devices, and Smart Cities, necessitating the need for proximity to end-users. Decentralized Data Centers address this requirement, enabling Local special circumstances and Data sovereignty regulations to be met. Macroeconomic factors, including the Digital economy’s growth, Internet penetration, and B2B enterprises’ increasing reliance on data, are driving this trend. Hardware-related expenses, National statistical offices’ storage requirements, and the Level of digitization’s Exponential trend smoothing using S-curve functions further the importance of efficient data management. Business leaders must consider factors like cloud technology, data center systems’ performance, application requirements, and Storage requirements when managing data center workloads. Additionally, factors like Mobile data use, Internet usage, Cloud data storage, Data security, Backups, Internet bandwidth, and Managed hosting or Colocation are essential considerations for businesses in today’s data-driven economy.

For more insights on North America’s significant contribution along with the market share of rest of the regions and countries – Download a FREE Sample

Segmentation Overview

Component 1.1 IT infrastructure1.2 Power management1.3 Mechanical construction1.4 General construction1.5 Security solutionsEnd-user 2.1 BFSI2.2 Energy2.3 IT2.4 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

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1.1 Fastest growing segment:

The data center market is experiencing significant growth due to increasing digital transformation and cloud adoption. Companies are investing heavily in data centers to support their expanding digital operations. Data centers provide businesses with essential services, including data storage, processing, and connectivity. They enable organizations to manage and analyze large amounts of data efficiently and securely. The market is expected to continue growing as more businesses adopt digital strategies and rely on data centers to power their operations.

Research Analysis

The Data Center market is experiencing significant growth due to the increasing demand for IT infrastructure to support the digitalization of businesses and individuals. Artificial Intelligence and Machine Learning are driving the need for large-scale data processing, while the Internet of Things generates vast amounts of data that require efficient storage and analysis. Cloud computing and edge computing are popular solutions for businesses seeking cost savings, scalability, and flexibility. Real-time data processing is crucial for online retail and e-commerce, making data centers an essential component of their IT infrastructure. Data center systems enable businesses to store, analyze, and manage data center workloads efficiently, ensuring speed and minimizing the risk of lost data. Digitalization is transforming various industries, leading to an increased demand for data centers to support personalized data and real-time insights. Data centers play a vital role in the digital economy, enabling businesses to leverage cloud technology and improve their competitiveness.

Market Overview

The Data Center market is experiencing significant growth due to the increasing adoption of technologies such as Artificial Intelligence (AI) and Machine Learning (ML) in various sectors. The Internet of Things (IoT) and Cloud computing are driving the demand for IT infrastructure, with the Department of Energy promoting Green Data Centers for energy efficiency. Businesses, individuals, and B2B enterprises are leveraging data centers for cost savings, scalability, and flexibility, enabling real-time data processing and reducing latency. Digitalization is transforming industries, from autonomous vehicles to smart cities, leading to an exponential trend in data generation and storage requirements. Decentralized Data Centers and End-users in specialized regions address local circumstances and data sovereignty regulations. Macroeconomic factors, digital economy growth, internet penetration, and the rise of big data and data analytics further fuel the market’s expansion. Cloud technology, data center systems, and managed hosting solutions cater to various industries, ensuring data security, backups, and Internet bandwidth. Competitors in the market include colocation, public cloud, and hyper-scale platforms, offering various services such as application performance, storage requirements, mobile data use, and e-commerce solutions.

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Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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“What If We Had This in 2020?” Data Viz 4 Good Bridges the Fortune 100 Data Gap for the Social Sector

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SAN FRANCISCO, May 5, 2026 /PRNewswire/ — Data Viz 4 Good (DV4G) today announced the launch of its ImpactIQ platform, a breakthrough SaaS solution transforming how the social sector visualizes mission-critical data.

For founders Tyra Jean and Vanessa Francesca Ortega, both Ronald E. McNair Baccalaureate Scholars, the mission began with a pivotal question: “What if we had Data Viz 4 Good at Syracuse University back in 2020?”

CEO Tyra Jean—a former Public Policy & International Affairs Fellow at UC Berkeley and current D.S.W. candidate at the University of Southern California—developed the concept after bridging two vastly different worlds. “I worked as a data consultant for Fortune 100 companies and saw firsthand the massive gap in data infrastructure across the nonprofit sector,” said Jean. “We’re bringing enterprise-grade technology to the organizations that need it most.”

This vision, combined with the duo’s technical pedigree, has positioned them as emerging leaders in the next generation of AI-powered social infrastructure and frontrunners for Forbes’ 30 Under 30.

The platform’s technical moat is anchored by the COO Vanessa Francesca Ortega — Posse Alumni, SU Remembrance Scholar, and Newhouse’s Dean Branham Scholar. She is the founder & CEO of Civic Trust Systems, the core operating system powering municipal-scale AI platforms, including HellogovAI Inc.

“ImpactIQ is built on infrastructure originally designed to power secure, large-scale government service delivery,” said Ortega. “Through Civic Trust Systems, I developed the AI delivery model and user experience architecture that enables platforms like Hellogov. We are now applying that same level of security and privacy to the social sector.”

By leveraging Civic Trust Systems, DV4G delivers government-grade security, privacy-first data handing, and scalable AI intelligence— without the complexity of cost of traditional enterprise systems.

As a free resource for the sector, the founders co-host a DV4G Podcast on Instagram (@DataViz4GoodHQ). The next episode explores how ImpactIQ’s privacy-first architecture not only protects sensitive community data but also strengthens grant readiness and institutional trust.

DV4G is currently scaling ImpactIQ for global researchers, nonprofits, and mission-driven organizations seeking to modernize how they measure and communicate impact.

Unlock the full impact of your data at DataViz4Good.org.

Media inquiries: contact@dataviz4good.org

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SOURCE Data Viz 4 Good

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QuickLogic to Showcase EOS™ S3 and eFPGA Solutions at Sensors Converge

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SAN JOSE, Calif., May 5, 2026 /PRNewswire/ — QuickLogic Corporation (NASDAQ: QUIK) will showcase its EOS™ S3 SoC and eFPGA solutions at Sensors Converge 2026, taking place at the Santa Clara Convention Center. Attendees can visit Booth 1039 to see how developers can build always-on, ultra-low power sensor and voice-enabled systems with greater flexibility and faster time-to-market.

At the booth, QuickLogic will highlight the EOS™ S3, a fully integrated platform designed for concurrent voice, motion, environmental, and biometric sensing. With its built-in low-power sound detection, Arm® Cortex®-M4F processor, and embedded FPGA, the EOS™ S3 enables developers to implement custom hardware acceleration while minimizing power consumption—ideal for battery-operated and always-on applications.

Date: May 6 and 7, 2026

Booth: 1039

Exhibit Hours:

Wednesday, May 6: 10:00 AM – 5:30 PMThursday, May 7: 10:00 AM – 4:00 PM

About QuickLogic
QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, Strategic Radiation Hardened and Antifuse FPGAs and ruggedized programmable logic solutions. QuickLogic’s unique approach combines cutting-edge technology with open-source tools to deliver highly customizable, low-power solutions for aerospace and defense, industrial, computing, and consumer markets. For more information, visit www.quicklogic.com.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.

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SOURCE QuickLogic Corporation

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PIRELLI WILL START CYBER™ TYRE PRODUCTION IN GEORGIA UNDERLINING THE STRATEGIC IMPORTANCE OF THE U.S. MARKET

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Pirelli further strengthens its commitment to the country. Investment and output expansion details will be communicated in the coming months following the finalization of the development plans

MILAN and WASHINGTON, May 5, 2026 /PRNewswire/ — Pirelli is reinforcing its long-term commitment to the United States with a key step in its product and industrial strategy. The Georgia plant, already dedicated to the most technologically advanced products for the U.S. market—both in the High-Value segment and in Motorsport—will be further enhanced by the production of connected tires featuring Cyber™ Tyre technology. This development highlights the strategic importance of the U.S. for Pirelli’s global growth roadmap, strengthening the company’s integrated industrial and technological presence in the country.

The announcement comes as Pirelli participates in the SelectUSA Investment Summit, the flagship event promoted by the U.S. Department of Commerce, where Cyber™ Tyre is being showcased as a core innovation shaping the future of smart mobility. 

Cyber™ Tyre is the world’s first hardware-and-software system capable of collecting data and information from sensors embedded in tires, processing them through Pirelli’s proprietary software and algorithms, and, by communicating in real time with the vehicle’s electronics, enabling new functionalities integrated with driving and control systems to enhance the driving experience and increase safety levels, as well as supporting connected infrastructure.

In a highly advanced market such as the United States, where digital and smart mobility solutions are rapidly expanding, Cyber™ Tyre represents a distinctive competitive advantage for Pirelli.

At SelectUSA, Cyber™ Tyre was showcased at the Georgia State booth, a particularly meaningful presence given Pirelli’s industrial footprint in the state, where it has been established for more than 20 years.

“The start of Cyber™ Tyre production in our Rome, Georgia plant is a significant milestone for Pirelli in this country,” said Claudio Zanardo, CEO of Pirelli North America. “It reflects our commitment to bringing advanced technologies like Cyber™ Tyre closer to the market, further strengthening our industrial footprint and innovation capabilities in the United States.”

To further enhance the role of Rome as a high-tech production site, Pirelli is finalizing the introduction of the latest version of the MIRS (Modular Integrated Robotized System) production process. It will be the most advanced manufacturing process for high-end, premium production within the entire Pirelli Group, and is exclusive to the Georgia factory. The process further enhances robotized production capabilities, increasing productivity, flexibility, and quality.

It is a highly digitalized system that enables a direct link between product design and its industrial application.

This development lays the groundwork for growth in Pirelli’s production capacity in Rome, an integral part of the Group’s industrial development plans, and will further strengthen Pirelli’s presence in the United States—one of its most important and strategic markets.

The Rome, Georgia, plant specializes in high-value tire production for the North American market. It also hosts a dedicated R&D center, further strengthening its role in technological development and product innovation.

The facility is recognized for its responsible sourcing practices, including the use of FSC® (Forest Stewardship Council®)-certified natural rubber, underscoring the company’s broader environmental commitment across its supply chain.

www.pirelli.com

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SOURCE Pirelli North America

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