OVER the past decade, the once-niche piece of IT infrastructure — data centers — has become the talk of the investment world and a massive revenue driver for tech giants. Amazon Web Services generate almost 20 percent of the e-commerce giant's revenue today.
OVER the past decade, the once-niche piece of IT infrastructure — data centers — has become the talk of the investment world and a massive revenue driver for tech giants. Amazon Web Services generate almost 20 percent of the e-commerce giant's revenue today. At the same time, Nvidia, the supplier of parts for modern cloud storage and processing data centers, has grown into the world's third-largest tech company.
5 percent in the following years, resulting in a market volume of $438 billion by 2028.Most of that value will come from network infrastructure, the market`s largest and fastest-growing segment. Statista expects the network infrastructure to bring in $256.1 billion in revenue in 2028, almost 30 percent more than this year. Data center servers follow with $120 billion in revenue and a 24 percent growth in this period.
Center Market To Hit $430B By 2028
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