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August 2020
IT Infrastructure Data Centers
The global Data Center Infrastructure market was valued around $155 billion in 2019 and is expected to grow at around 7% CAGR for the next couple of years. The main drivers of the growth in the industry are due to the rapid expansion of the cloud market and the ever-growing amount of data generated that needs storage. North America is one of the leading regions in terms of market share and investments. We expect the forced digitization as a result of COVID-19 to further drive growth.