According to data presented by Stocklytics.com, the United States counts 5,388 data, or 70 per cent more than the next ten largest markets combined.

Over the past decade, the once-niche piece of IT infrastructure- data centres- has become the talk of the investment world and a massive revenue driver for tech giants like Microsoft, Amazon, Google, and Nvidia.

The surging use of AI technologies, which require significant computing power and storage, has only fuelled the data centre boom, helping the entire market to grow by 52 per cent since 2017 and hit a $416 billion value.

Most of that figure comes from the United States, the largest global data centre player.

According to Statista Market Insights, the US data centre market will generate over $120 billion, or roughly 30 per cent of total market revenue, in 2024. However, the US dominance is also shown in the total number of data centres, which is much higher than in any other market.

According to data from the Cloudscene platform, currently, there are more than 11,800 operational data centres worldwide, and 45 per cent of them are in the United States. Statistics show the United States has 5,388 data centres, ten times more than China and most European countries. For instance, the second-ranked Germany counts 520 data centres. The United Kingdom is close to that figure, with 512 data centres as of March. Statistics show China is the fourth largest player in the global data centre landscape with 449 listed data centres. Canada, France, and Australia follow with 336, 315, and 307, respectively. The Cloudscene data also showed Japan is the last country on the top ten list, with 219 operational data centres.

Despite the apparent US dominance in revenue and the number of data centres, most of these countries will see impressive double-digit growth in the following years, helping the global data centre market to hit record valuation.

After reaching a value of $416 billion in 2024, the data centre market will grow by a CAGR of 8.45 percent in the following years and become a half-trillion-dollar industry by 2027. The impressive growth will continue even after that, with the market value rising to almost $625 billion by the end of a decade.

Most of that figure will come from network infrastructure, the market`s largest and fastest-growing segment.

Statista expects the network infrastructure to bring in $315 billion in revenue in 2029, or 31 per cent more than this year. Although far below in total revenue, servers will see much bigger growth in this period, jumping by 76 per cent to $207 billion. The data centre storage segment will see similar growth, with revenue rising by 71 per cent to $101 billion in the next five years.