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Data Center Market to Grow by USD 535.6 Billion (2025-2029), Driven by Multi-Cloud Adoption and Network Upgrades, Report on AI’s Impact on Market Trends – Technavio

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NEW YORK, Jan. 27, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global data center market size is estimated to grow by USD 535.6 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  15.6%  during the forecast period. Rise in adoption of multi-cloud and network upgrades is driving market growth, with a trend towards implementation of AI in data centers. However, cybersecurity issues poses a challenge. Key market players include 365 Data Centers, Amazon.com Inc., Apple Inc., China Telecom Corp. Ltd., Cisco Systems Inc., CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Google LLC, 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..

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Data Center Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 15.6%

Market growth 2025-2029

USD 535.6 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

13.2

Regional analysis

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

Performing market contribution

North America at 35%

Key countries

US, China, UK, Canada, Japan, Germany, India, France, Italy, and Brazil

Key companies profiled

365 Data Centers, Amazon.com Inc., Apple Inc., China Telecom Corp. Ltd., Cisco Systems Inc., CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Google LLC, 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.

Market Driver

Data Centers are at the heart of the digital economy, powering businesses, individuals, and the Internet. Trends like Artificial Intelligence, Machine Learning, IoT, and Cloud Computing are driving the need for advanced IT infrastructure. The Department of Energy pushes for Green Data Centers, while Enterprise Engineering Solutions and Software Testing Help ensure optimal performance. Customers demand cost savings, scalability, and flexibility for real-time data processing. Macroeconomic factors, digitalization, and business leaders are embracing Cloud Technology to store and analyze data for applications like autonomous vehicles, smart cities, and e-commerce. Decentralized Data Centers address local special circumstances and data sovereignty regulations. B2B enterprises focus on hardware-related expenses, while National Statistical Offices track the level of digitization. The exponential trend smoothes the S-curve function of data center systems, balancing exchange rates and competition in the market. Data security, backups, and Internet bandwidth are crucial concerns for end-users. Managed hosting, colocation, and big data analytics are essential services for businesses, with public cloud, specialized regions, and hyper-scale platforms leading the way. IoT, mobile data use, and internet usage continue to increase, driving the need for cloud data storage and data center workloads. 

Data centers are enhancing energy efficiency through the application of Artificial Intelligence (AI). AI technology enables faster decision-making and optimization of server, power, and cooling systems. Data center service providers use AI in automation software to streamline operations, minimize human intervention, and promote energy-efficient cooling. Supervised control over mechanical cooling is facilitated by AI, allowing for effective power usage and improved performance. By implementing AI, data centers aim to reduce downtime, minimize errors, and boost overall efficiency. 

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 Market Challenges

•         Data Centers face numerous challenges in today’s digital world. Artificial Intelligence and Machine Learning require massive computing power, driving the need for advanced IT infrastructure. The Internet of Things (IoT) and Cloud Computing increase data volumes, demanding scalability and flexibility. Green Data Centers address energy efficiency concerns, while Department of Energy grants aid in research. Enterprise Engineering Solutions and Software Testing Help ensure system reliability. Customers seek cost savings, real-time data processing, and local special circumstances considerations. Digitalization and businesses’ growing reliance on data necessitate decentralized Data Centers. Data sovereignty regulations and macroeconomic factors impact the digital economy and internet penetration. B2B enterprises grapple with hardware-related expenses and data center workloads. National statistical offices require high levels of digitization for accurate data analysis. Exponential trend smoothing and S-curve functions help predict growth. Exchange rates and business leaders’ decisions influence cloud technology adoption. Data security, backups, and internet bandwidth are crucial concerns. Managed hosting, colocation, and public cloud offerings cater to various needs. Hyper scale platforms and colocation data centers like Amazon Web Services address big data and IoT demands. Autonomous vehicles, smart cities, and mobile data use further increase the importance of Data Centers. Challenges include application performance, storage requirements, and data security. Online retail and e-commerce rely on data center systems for personalized data storing and analyzing. Data center systems must ensure speed, reliability, and data security to meet end-users’ expectations. In conclusion, Data Centers face a myriad of challenges, from technological advancements to regulatory requirements and customer expectations. Adapting to these challenges is crucial for businesses and individuals to thrive in the digital age.

•         Enterprises rely heavily on data for generating revenue and making informed business decisions. However, the security of this valuable asset is a significant concern. With the increasing adoption of cloud services and IoT solutions, the risk of cyberattacks is escalating. Cybercriminals can exploit IT security vulnerabilities to gain unauthorized access to enterprise servers, potentially compromising sensitive data such as customer information. Such attacks can lead to financial losses and even the closure of small businesses. It’s crucial for enterprises to prioritize IT security to protect their data and maintain business continuity.

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Segment Overview 

This data center market report extensively covers market segmentation by  

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

1.1 IT infrastructure-  The data center IT infrastructure market consists of server infrastructure, storage infrastructure, software-defined data centers (SDDC), network infrastructure, converged infrastructure, backup and recovery software, automation software, and data center infrastructure management (DCIM) solutions. Enterprises and data center service providers are shifting their investments from capital expenditure (CAPEX) to operational expenditure (OPEX) models to optimize server infrastructure usage and reduce costs. This trend is driving the demand for consolidation, virtualization, and containerization of computing needs. The server infrastructure segment includes rack servers, blade servers, tower servers, microservers, and Open Compute Project (OCP) servers. Rack servers are the most widely used data center servers due to their suitability for enterprises with fixed business requirements. The storage infrastructure segment includes direct-attached storage (DAS), network-attached storage (NAS), and storage area network (SAN). The exponential growth in data generated and transferred necessitates the demand for data storage infrastructure. The adoption of software-defined data centers (SDDCs) is increasing due to their cost savings, improved efficiency, control, and flexibility. SDDCs consist of software-defined computing (SDC), software-defined network (SDN), and software-defined storage (SDS). Network infrastructure includes devices such as Ethernet switches, routers, application delivery controllers (ADCs), Web optimizers (WOPTs), and SD-WAN appliances. Converged infrastructure is a data center management technique that combines multiple IT components into a single integrated computing package. Data center automation software enables the workflow management of a data center and automates servers, networks, storage, and other data center management tasks. Data center backup and recovery software ensures business continuity by enabling periodic backup and instantaneous recovery of data. DCIM solutions facilitate the administration of a data center with an overall integrated view for asset and capacity management, energy management, power and cooling, and network management. The increasing investments in data centers and the focus on improving operational efficiency are driving the growth of the global data center market.

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Research Analysis

The Data Center market is experiencing significant growth due to the increasing demand for IT infrastructure to support Artificial Intelligence (AI) and Machine Learning (ML) applications, the Internet of Things (IoT), and the digitalization of businesses and individual lives. Cloud computing and edge computing are driving this trend, allowing for cost savings, scalability, and flexibility. Real-time data processing is essential for online retail and e-commerce businesses, making data centers a crucial component of their operations. Data center systems enable businesses to store, analyze, and manage their data center workloads efficiently. The loss of data can result in significant financial and reputational damage, making data center security a top priority. Cloud technology is revolutionizing the data center landscape, providing faster access to personalized data for businesses and individuals alike.

Market Research Overview

The Data Center market is experiencing significant growth due to the increasing adoption of Artificial Intelligence (AI) and Machine Learning (ML) technologies, IoT devices, and Cloud computing. Green Data Centers are becoming increasingly popular as businesses and individuals prioritize cost savings, scalability, and flexibility. The Digitalization of industries and economies is driving the demand for real-time data processing and reducing latency. Decentralized Data Centers are gaining traction in response to local special circumstances, data sovereignty regulations, and macroeconomic factors. The market is also influenced by the level of digitization, business leaders’ decisions, and competition in cloud technology. Hardware-related expenses, data security, and backups are key concerns for end-users. The market includes various data center systems, such as managed hosting, colocation, and public cloud, catering to the needs of B2B enterprises, online retail, e-commerce, and intelligent buildings. Big data and data analytics are essential for application performance and storage requirements. Mobile data use and internet usage continue to increase, leading to a growing demand for cloud data storage. The market is expected to follow an S-curve function with exponential trend smoothing, influenced by exchange rates and the growth of hyper-scale platforms.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentIT InfrastructurePower ManagementMechanical ConstructionGeneral ConstructionSecurity SolutionsEnd-userBFSIEnergyITOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company 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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ATTACK SHARK Unveils RS6 ULTRA, a Flagship Esports Mouse Featuring Its Proprietary Magnetic Hot-Swappable Battery Technology

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NEW YORK , July 21, 2026 /PRNewswire/ — Gaming peripheral brand ATTACK SHARK has announced the upcoming launch of the RS6 ULTRA, its most advanced wireless gaming mouse to date. Designed for competitive FPS players and the premium esports peripheral market, the new model combines a lightweight carbon fiber structure, flagship sensing technology, low-latency wireless performance, and a magnetic hot-swappable battery system.

The RS6 ULTRA’s magnetic hot-swappable battery system is designed to eliminate the compromises associated with conventional wireless gaming mice. Unlike integrated lithium battery designs that require wired charging and eventually suffer from battery aging, or conventional removable battery systems that depend on battery doors and latch mechanisms, the RS6 ULTRA features a proprietary magnetic alignment design with gold-plated contacts, enabling fast, tool-free battery replacement without disrupting wireless operation. Its dual-battery system further ensures uninterrupted gameplay by allowing one battery to power the mouse while the included 8K receiver simultaneously charges the spare, providing continuous wireless performance and a longer product lifecycle through easily replaceable batteries.

Another key feature is ATTACK SHARK’s patented adjustable sensor positioning system. Five mechanical adjustment positions allow players to customize sensor placement to suit hand size, grip style, and aiming preference. This personalized alignment is designed to support more consistent aiming and reduce tracking deviation during rapid movements.

The RS6 ULTRA is powered by a customized PixArt PAW3955MAX sensor and the latest Nordic nRF54L15 wireless MCU, delivering the performance demanded by today’s competitive FPS players. The sensor natively supports polling rates of up to 8,000Hz (8K), as well as 1-DPI incremental adjustment for precise sensitivity control. With up to 52,000 DPI, 850 IPS tracking speed, 75G acceleration, and five adjustable lift-off distance settings, it ensures exceptional tracking accuracy and responsiveness during rapid flick shots, precise target acquisition, and high-speed movement in fast-paced titles such as VALORANT, Counter-Strike 2, and Apex Legends.

Built on the Nordic nRF54L15 platform, the RS6 ULTRA delivers enhanced scanning performance, wireless stability, and power efficiency. At a 1,000Hz polling rate, it provides up to 800 hours of battery life, reducing charging interruptions during extended training and competition. The combination of stable wireless connectivity and long endurance allows players to stay focused on performance rather than power management.

Complementing the hardware, ATTACK SHARK’s proprietary wireless transmission technology delivers button latency of less than 0.168 milliseconds in 8K mode, helping ensure that every click is transmitted with exceptional speed and consistency. The shark fin-inspired 8K receiver features an extended antenna for improved signal strength, along with LED indicators for connection status, polling rate, and battery level. Together, these technologies make the RS6 ULTRA a wireless flagship solution for fast-paced competitive shooters, providing the responsiveness and reliability demanded by players of VALORANT, Counter-Strike 2, and Apex Legends.

The RS6 ULTRA features a carbon fiber hybrid injection-molded chassis with a ventilated hollow-shell design that balances low weight, structural strength, comfort, and heat dissipation during extended gaming sessions. A glass-like cooling surface treatment helps reduce discomfort caused by perspiration, while a CNC-machined metal scroll wheel and anodized components improve durability and wear resistance.

Built for serious FPS competitors and enthusiasts, the RS6 ULTRA delivers precision, responsiveness, customization, and endurance expected from a flagship esports mouse.

For more information, visit https://attackshark.com/ or connect with the brand on social media and Discord.

To place an order, visit ATTACK SHARK Amazon Store for the US, UK, Europe, AU, MX, SA and Japan.

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SOURCE ATTACK SHARK

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EnKash Introduces India’s First Meal Card with UPI Payments

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EnKash extends its UPI capabilities to meal card allowances, combining the convenience of UPI, the reach of RuPay, and tax-efficient employee benefits.

MUMBAI, India, July 22, 2026 /PRNewswire/ — EnKash, India’s leading business payments and spend management platform, today announced the launch of UPI-based payments on its Meal Card. With this addition, employees can make payments directly from their meal card balance by scanning eligible UPI QR codes at food and grocery merchants.

This makes EnKash the first provider in India to enable UPI payments directly from a meal benefit balance.

The new capability extends the UPI infrastructure that EnKash already offers across its Prepaid Payment Instrument portfolio. It brings the familiarity and convenience of UPI to structured meal benefits, allowing employees to use their meal allowance through a payment method that has become a part of everyday life in India.

The timing is also significant. Under the revised Income-tax reforms, eligible meal benefits of up to ₹200 per meal are available under both the old and new tax regimes, subject to prescribed conditions. Employees can receive up to ₹1,05,600 annually as a tax-free meal benefit. For HR teams, this makes meal benefits more inclusive, valuable and easier to offer across the workforce.

The solution combines:

UPI-based scan-and-pay convenienceLargest acceptance infrastructure of RuPayMerchant category-based spending controlsPhysical and virtual meal cardsReal-time transaction visibilityCentralised card issuance, loading and management for employers

Employers can issue cards, load meal balances, set spending controls and track transactions through a centralised platform. Merchant category controls help ensure that the meal balance is used only for eligible expenses.

“Employee benefits should be as seamless as everyday payments. By bringing UPI to meal benefits, we’re enabling employees to pay the way they already do while helping employers deliver a simpler and more digital-first experience,” said Priya Sharma, Head of Product at EnKash.

“This launch brings together the power of RuPay, the familiarity of UPI and the tax efficiency of meal benefits. It also reflects the strength of the payments stack EnKash has already built across its PPI products.”

The UPI-enabled Meal Card is supported by EnKash’s existing payments and prepaid infrastructure. The company already provides UPI-based payment capabilities across its prepaid products and also offers businesses a wider payments suite covering prepaid cards, employee benefits, expense management, petty cash, corporate payments, payment gateway, and rewards.

About EnKash

EnKash is India’s first full-stack payments and spend management platform, empowering 5,000+ businesses to automate payments, expenses, and employee benefits. Holding PA, PPI, and Bharat Connect (BBPOU) licenses, EnKash offers a unified financial orchestration suite backed by $23M in funding. By partnering with leading banks and networks like NPCI and Visa, EnKash delivers secure, scalable solutions that make enterprise financial operations faster, smarter, and fully compliant.

For media inquiries, email: marketing@enkash.com

 

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SunTec India Launches Proprietary eCommerce Price Monitoring Platform Delivering 99%+ Accuracy with Human-Verified Pricing Intelligence

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NEW DELHI, July 21, 2026 /PRNewswire/ — SunTec India today announced the launch of its proprietary, in-house-built eCommerce price monitoring platform, a purpose-built pricing intelligence solution that tracks competitor prices across multiple channels in real time and pairs automated data collection with human QA verification.

The platform supports pricing, sales, and marketplace teams by combining automated data collection, AI-powered product matching, anomaly detection, and analyst-led verification for quality assurance. It enables businesses to monitor competitor prices, promotional movements, Buy Box signals, and Minimum Advertised Price (MAP) violations across key marketplaces & retailer websites.

Unlike generic SaaS tools that hand back raw data for clients to clean and interpret, SunTec India controls its platform end-to-end, from data collection to matching rules, allowing continuous improvement based directly on client needs.

The platform’s core capabilities include:

Real-time, multi-channel monitoring across Amazon, eBay, Walmart, and other marketplaces, and custom URL tracking for any publicly accessible website.AI-powered product matching using EAN/GTIN identifiers for exact matches and ML models for comparable products, achieving 99%+ matching accuracy.MAP violation alerts delivered within agreed SLA windows, with violation logs formatted for legal, sales, and distributor review.Buy Box and dynamic repricing intelligence compatible with Repricer.com, Linnworks, ChannelAdvisor, and other major repricing platforms.Promotional and deal monitoring timed to peak events like Black Friday, Prime Day, and Q4, giving teams lead time to respond.

Built on a proprietary AI crawler, optimized for dynamic page rendering and anti-bot environments, the platform handles JavaScript-rendered pages and pricing overlays that defeat standard scrapers, while continuously learning from detection patterns to maintain collection reliability.

“Self-service tools give you a dashboard and leave the hard part to you,” said Mr. Ravi Kant, Vice President – eCommerce Division, SunTec India.

“What sets our platform apart is the human-in-the-loop layer. AI detects; our analysts verify. Every anomaly is reviewed by a QA analyst before it reaches the client. Our goal is to help clients identify pricing gaps, protect margins, track violations, and respond to competitor moves before they impact revenue,” he added.

About SunTec India

SunTec India is an IT and digital services company delivering technology-led, data-driven business solutions. Founded in 1999, the company has served 8,530+ clients across 50 countries, supported by 1,500+ full-time professionals and a 95%+ client retention rate. SunTec India combines human expertise with AI-enabled technologies to improve operational efficiency, strengthen competitiveness, and create long-term value for businesses worldwide.

Media Contact: 
Rohit
rohit@suntecindia.com  

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