하이퍼스케일 데이터센터 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the hyperscale data center market size stands at USD 205.48 billion in 2026 and is projected to reach USD 596.10 billion by 2031, reflecting a 23.74% CAGR.

This report is Segmented by Component (IT Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, and General Construction), Tier Type (Tier 3, and Tier 4), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global Hyperscale Data Center Market Trends and Insights

Exploding GPU-Centric AI and ML Workloads Requiring Greater Than 50 Kilowatt Racks

Training large language models is pushing per-rack loads well past 50 kilowatts, a level at which air cooling becomes economically untenable. Alibaba Cloud logged triple-digit AI product revenue growth for nine consecutive quarters in 2025, underscoring sustained appetite for GPU-dense capacity. U.S. hyperscalers are deploying direct-to-chip liquid cooling and rear-door heat exchangers that support 100-kilowatt cabinets, compressing the payback period on liquid infrastructure investments. These deployments shrink stranded capacity and improve power-usage efficiency, shifting competitive advantage toward operators that master liquid-cooling supply chains. Facilities that cannot retrofit quickly are losing bids for AI training workloads, eroding their share of the hyperscale data center market.

Hyperscale Cloud Providers' Sovereign-Cloud Roll-outs in Europe

European governments now require nationally domiciled entities to control sensitive data, prompting Amazon Web Services, Microsoft Azure, and Google Cloud to build sovereign environments in Germany, France, and the Netherlands. Compliance with GDPR, Germany's BSI C5, and France's SecNumCloud frameworks is inflating construction costs and extending timelines, but it also commands premium pricing from regulated tenants. Blackstone's USD 7 billion joint venture with Digital Realty to erect campuses in Frankfurt and Paris exemplifies the scale of capital redirected to meet these mandates. Operators adept at local permitting and grid negotiations are capturing higher-margin sovereign leases, lifting overall growth in the hyperscale data center market.

Water-Usage Restrictions for Evaporative Cooling in Arid Regions

Severe drought in California, Arizona, and Nevada has forced water authorities to impose volumetric caps on industrial consumption. Spain's Ebro River basin adopted similar limits after record-low flow rates in 2024, compelling data centers to transition to closed-loop liquid systems that cost more to install and run. Sites without long-term reclaimed-water contracts risk curtailment orders during summer peaks, threatening service-level agreements. New projects, therefore, prioritize recycled water, coastal desalination, or air-cooled chillers, raising the capital cost of entry and moderating growth in the hyperscale data center market.

Other drivers and restraints analyzed in the detailed report include:

1. FinTech Real-Time Payment Mandates Accelerating Tier 4 Demand
2. 5G Edge-Core Consolidation Creating Regional Hub Requirements
3. GPU supply-chain bottlenecks limiting rack-level density expansion

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Electrical Infrastructure is on track to grow at a 24.65% CAGR from 2026 to 2031, eclipsing overall hyperscale data center market growth as operators overhaul power distribution to support 50-100 kilowatt racks. The hyperscale data center market size devoted to Electrical Infrastructure is projected to rise sharply as uninterruptible power supply systems, lithium-ion battery strings, and modular switchgear become mandatory for GPU clusters. Eaton's 9395XC UPS, rated at 2,250 kilowatts and scalable to 3 megawatts, typifies equipment that aligns with hyperscaler demand for high-density, low-maintenance backup power. IT Infrastructure, despite accounting for 48.43% of revenue in 2025, is experiencing longer server refresh cycles to amortize accelerator costs, which tempers its relative momentum. Mechanical Infrastructure is pivoting toward direct-to-chip cooling, increasing upfront capital but lowering long-term operating expense via reduced power-usage effectiveness. General Construction margins remain under pressure from steel-price volatility and skilled-labor shortages, while data center information management software gains share by unlocking stranded capacity.

Operators see a strategic imperative to pre-order electrical gear with 18-24-month lead times, locking in pricing before copper and semiconductor inputs inflate further. Vendors offering factory-integrated power skids and on-site commissioning teams command premium margins. Meanwhile, hyperscalers are crowd-sourcing open specifications for busways and battery chemistries to avoid vendor lock-in, which compresses margins for commodity components. Consequently, Electrical Infrastructure suppliers with strong service portfolios and rapid-deployment modules are positioned to gain hyperscale data center market share over the forecast period.

Complete Report Scope:

• By Component
  • IT Infrastructure
    • Server Infrastructure
    • Storage Infrastructure
    • Network Infrastructure
  • Electrical Infrastructure
    • Power Distribution Units
    • Transfer Switches and Switchgears
    • UPS Systems
    • Generators
    • Other Electrical Infrastructure
  • Mechanical Infrastructure
    • Cooling Systems
    • Racks
    • Other Mechanical Infrastructure
  • General Construction
    • Core and Shell Development
    • Installation and Commisioning Services
    • Design Engineering
    • Fire Detection, Suppression and Physical Security
    • DCIM/BMS Solutions
• By Tier Type
  • Tier 3
  • Tier 4
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Germany
    • Netherlands
    • France
    • Ireland
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Singapore
    • Japan
    • Australia
    • Indonesia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Chile
    • Rest of South America
  • Middle East and Africa
    • Middle East
      • United Arab Emirates
      • Saudi Arabia
      • Turkey
      • Rest of Middle East
    • Africa
      • South Africa
      • Nigeria
      • Rest of Africa

Geography Analysis

North America retained 40.43% of the hyperscale data center market in 2025, underpinned by Northern Virginia's unprecedented fiber density and robust grid interconnects. Continued mega-campus launches by Amazon Web Services, Microsoft, and Google, coupled with Blackstone's USD 25 billion development pipeline, reinforce the region's global preeminence. Cooling-water restrictions in the Southwest and heat-related permitting delays in California, however, are shifting incremental builds toward the Pacific Northwest and Texas, where abundant hydropower and deregulated electricity markets lower levelized costs. Leasing dynamics show hyperscalers pre-committing to entire 100-megawatt phases, crowding out retail colocation demand and locking in power-purchase agreements for renewable energy.

Asia-Pacific is forecast to post a 24.57% CAGR through 2031, driven by China's AI infrastructure surge, India's digital-payments boom, and Singapore's sovereign-cloud requirements. Alibaba's pledge to invest RMB 380 billion (USD 53 billion) over three years underscores China's focus on domestic compute scale. Land scarcity and heat taxes are limiting fresh supply in Singapore, pushing overflow demand to Johor and Batam. India's data-localization rules and state-level incentives are facilitating Tier 4 greenfield and brownfield builds in Mumbai and Bengaluru. Meanwhile, Japan's on-site renewable quotas lengthen project timelines in Tokyo and Osaka, steering growth to power-rich Hokkaido and Kyushu. Overall, operators capable of securing multi-megawatt power blocks and navigating heterogeneous permitting regimes will capture the expanding hyperscale data center market.

Europe, the Middle East, and Africa display divergent trajectories. European sovereign-cloud policies fragment demand across Germany, France, the Netherlands, and Ireland, inflating investment requirements but enabling premium pricing. Blackstone and Digital Realty's USD 7 billion joint venture illustrates the concentration of capital into compliant campuses. In the Middle East, Saudi Arabia's NEOM Digital Valley and the UAE's Abu Dhabi clusters use tax holidays and rapid permitting to lure hyperscale tenants, positioning the region as an intercontinental traffic bridge. South America is led by Brazil, where abundant wind and solar resources align with carbon-neutral mandates, though currency volatility remains a hurdle. Africa's nascent demand centers on South Africa and Nigeria; expansion depends on grid upgrades and subsea cable landings. Collectively, these dynamics create a multi-polar hyperscale data center market with region-specific opportunities and risks.

1. Digital Realty Trust, Inc.
2. Equinix, Inc.
3. Amazon Web Services, Inc.
4. NTT Ltd.
5. CyrusOne Inc.
6. Quality Technology Services (QTS)
7. Vantage Data Centers LLC
8. Microsoft Corporation
9. Alphabet Inc. (Google)
10. Meta Platforms, Inc.
11. Alibaba Group Holding Ltd.
12. Tencent Holdings Ltd.
13. Baidu, Inc.
14. Oracle Corporation
15. International Business Machines Corporation
16. Switch, Inc.
17. STACK Infrastructure
18. Flexential Corp.
19. Iron Mountain Data Centers
20. OVHcloud

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Exploding GPU-Centric AI and ML Workloads Requiring >50 kW Racks in the United States and China
  • 4.2.2 Hyperscale Cloud Providers' "Sovereign Cloud" Roll-outs in Europe
  • 4.2.3 FinTech Real-Time Payment Mandates Accelerating Tier IV Demand in Singapore and India
  • 4.2.4 5G Edge-Core Consolidation Creating Regional Hub Requirements in the Nordics and Oceania
  • 4.2.5 Liquid-Cooled Modular Skids Enabling Brownfield Retrofits in India
  • 4.2.6 Tax Incentives for Hyperscale Campuses in Saudi Arabia's NEOM Digital Valley
• 4.3 Market Restraints
  • 4.3.1 Water-Usage Restrictions for Evaporative Cooling in the Western United States and Spain
  • 4.3.2 GPU Supply-Chain Bottlenecks Limiting Rack-Level Density Expansion
  • 4.3.3 Rising Heat-Tax and Carbon Levies in the Netherlands, Singapore and Germany
  • 4.3.4 Mandatory On-site Renewable Quotas in Japan's New Green Energy Act
• 4.4 Industry Supply-Chain Analysis
• 4.5 Regulatory and Compliance Outlook
• 4.6 Technological Outlook, Liquid Cooling, Direct-to-Chip, Modular Builds
• 4.7 Impact of Macroeconomic Factors on the Market
• 4.8 Porter's Five Forces Analysis
  • 4.8.1 Bargaining Power of Suppliers
  • 4.8.2 Bargaining Power of Buyers
  • 4.8.3 Threat of New Entrants
  • 4.8.4 Threat of Substitutes
  • 4.8.5 Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Component
  • 5.1.1 IT Infrastructure
    • 5.1.1.1 Server Infrastructure
    • 5.1.1.2 Storage Infrastructure
    • 5.1.1.3 Network Infrastructure
  • 5.1.2 Electrical Infrastructure
    • 5.1.2.1 Power Distribution Units
    • 5.1.2.2 Transfer Switches and Switchgears
    • 5.1.2.3 UPS Systems
    • 5.1.2.4 Generators
    • 5.1.2.5 Other Electrical Infrastructure
  • 5.1.3 Mechanical Infrastructure
    • 5.1.3.1 Cooling Systems
    • 5.1.3.2 Racks
    • 5.1.3.3 Other Mechanical Infrastructure
  • 5.1.4 General Construction
    • 5.1.4.1 Core and Shell Development
    • 5.1.4.2 Installation and Commisioning Services
    • 5.1.4.3 Design Engineering
    • 5.1.4.4 Fire Detection, Suppression and Physical Security
    • 5.1.4.5 DCIM/BMS Solutions
• 5.2 By Tier Type
  • 5.2.1 Tier 3
  • 5.2.2 Tier 4
• 5.3 By Geography
  • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
  • 5.3.2 Europe
    • 5.3.2.1 United Kingdom
    • 5.3.2.2 Germany
    • 5.3.2.3 Netherlands
    • 5.3.2.4 France
    • 5.3.2.5 Ireland
    • 5.3.2.6 Rest of Europe
  • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Singapore
    • 5.3.3.4 Japan
    • 5.3.3.5 Australia
    • 5.3.3.6 Indonesia
    • 5.3.3.7 Rest of Asia-Pacific
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Chile
    • 5.3.4.3 Rest of South America
  • 5.3.5 Middle East and Africa
    • 5.3.5.1 Middle East
      • 5.3.5.1.1 United Arab Emirates
      • 5.3.5.1.2 Saudi Arabia
      • 5.3.5.1.3 Turkey
      • 5.3.5.1.4 Rest of Middle East
    • 5.3.5.2 Africa
      • 5.3.5.2.1 South Africa
      • 5.3.5.2.2 Nigeria
      • 5.3.5.2.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Digital Realty Trust, Inc.
  • 6.4.2 Equinix, Inc.
  • 6.4.3 Amazon Web Services, Inc.
  • 6.4.4 NTT Ltd.
  • 6.4.5 CyrusOne Inc.
  • 6.4.6 Quality Technology Services (QTS)
  • 6.4.7 Vantage Data Centers LLC
  • 6.4.8 Microsoft Corporation
  • 6.4.9 Alphabet Inc. (Google)
  • 6.4.10 Meta Platforms, Inc.
  • 6.4.11 Alibaba Group Holding Ltd.
  • 6.4.12 Tencent Holdings Ltd.
  • 6.4.13 Baidu, Inc.
  • 6.4.14 Oracle Corporation
  • 6.4.15 International Business Machines Corporation
  • 6.4.16 Switch, Inc.
  • 6.4.17 STACK Infrastructure
  • 6.4.18 Flexential Corp.
  • 6.4.19 Iron Mountain Data Centers
  • 6.4.20 OVHcloud

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment