New data from Synergy Research Group shows that European service providers more than tripled their local cloud revenues from 2017 to 2024. However, over that same period the European cloud market grew by a factor of six, reaching €61 billion (US$70 billion) in 2024. European cloud providers’ market share dropped from 29% in 2017 to […]
The number of large data centers operated by hyperscale companies reached 1,189 at the end of the first quarter, and new data from Synergy Research Group shows that they now account for 44% of the worldwide capacity of all data centers.
New data from Synergy Research Group shows that the number of large data centers operated by hyperscale providers increased to 1,136 at the end of 2024, having doubled over the last five years. Meanwhile it has taken less than four years for the total capacity of operational hyperscale data centers to double, as the average capacity […]
Data from Synergy Research Group shows that after a relative lull in 2023, the value of data center-oriented M&A deals that closed in 2024 blew past the $70 billion milestone and finally reached $73 billion. 2024 was already in record-breaking territory, before a Blackstone-led acquisition of AirTrunk closed at the end of December. At almost […]
New data from Synergy Research Group shows that after a relative lull in 2023, the value of data center-oriented M&A deals that closed around the world in 2024 blew past the $50 billion milestone and finally reached $57 billion, easily surpassing previous yearly records. 2022 had been the peak in terms of the aggregate value […]
New data and forecasts from Synergy Research Group show that the average capacity of hyperscale data centers to be opened over the next four years will be almost double that of current operational hyperscale data centers. The trend has always been for the critical IT load of hyperscale data centers to grow in size over […]
Synergy Research Group data shows that worldwide spend on data center hardware and software in 2024 will grow by 34% from 2023, pushing it to an all-time high. While there was growth across the board, the increase was thanks in large part to a 48% jump in spending on public cloud infrastructure, which now accounts for 55% of the total market. […]
New data from Synergy Research Group shows that Q3 enterprise spending on cloud infrastructure services was $84 billion worldwide, up $15.7 billion or 23% from the third quarter of 2023. After seeing growth rates soften through much of 2023, this is now the fourth consecutive quarter in which the year-on-year growth rate has increased, with […]
New data from Synergy Research Group shows that after a relative lull in 2023, data center-oriented M&A deals in 2024 are once again poised to pass the $40 billion milestone. Total topline numbers show that 2021 and 2022 were the peak in terms of the aggregate value of all deals formally closed. In both years the […]
New data from Synergy Research Group shows that Q2 enterprise spending on cloud infrastructure services was $79 billion worldwide, up $14.1 billion or 22% from the second quarter of 2023. After seeing growth rates soften a little through much of 2023, this is the third consecutive quarter in which the year-on-year growth rate was 20% […]
