The 10 Data Center Companies To Follow This Year

Unlike many industries across the globe, the COVID-19 pandemic is actually benefiting many hyperscale data center operators as demand for cloud and digital services has skyrocketed. The need for secure and reliable data centers—considered by many as the hubs of the internet—was critical in 2020 to support work- and learn-from-home initiatives across the globe.

Hyperscale Capex spending on data centers by the 20 largest cloud and internet service companies in the world hit a record-breaking $37 billion in the third quarter of 2020. Data center spending by these companies from January 2020 to September 2020 totaled $99 billion, up 16 percent year over year.

“The hyperscale companies are once again breaking all records for their level of spending, spurred on by business models that have actually benefited from the pandemic,” said John Dinsdale, a chief analyst at market research firm Synergy Research Group.

Many hyperscale data center vendors are investing heavily in various markets from new processors and cloud storage to edge computing and 5G.

As the COVID-19 pandemic continues to fuel the expansion and build-out of new data centers, CRN breaks down the 10 hyperscale data center companies you need to know in 2021.