Key Insights
The Chicago data center market is experiencing robust growth, driven by a confluence of factors including the city's strategic location, robust digital infrastructure, and thriving tech sector. A CAGR of 9% from 2019-2033 suggests a significant expansion, particularly fueled by increasing cloud adoption, the rise of edge computing, and the demand for high-bandwidth connectivity. The market is segmented by various factors, including data center size (ranging from small to mega-scale facilities), tier type, absorption rates (utilized versus non-utilized space), colocation type (retail, wholesale, hyperscale), and end-user industries. Major players like Equinix, Digital Realty Trust, and CyrusOne are prominent in this competitive landscape, vying for market share in different segments. While the exact market size for 2025 is unavailable, a reasonable estimation, considering a 9% CAGR and assuming a 2019 base market size of approximately $500 million (a conservative estimate based on other major US data center markets), would place the 2025 market size in the range of $800 million to $1 billion.
The ongoing growth is expected to be sustained by several factors. Chicago's central location provides excellent connectivity for businesses across North America, reducing latency and improving performance. The city also boasts a strong talent pool in the IT sector, attracting data center operators and supporting the growth of various tech companies. However, challenges remain, such as competition for land and power resources, increasing energy costs, and ensuring sufficient skilled labor to maintain the growing infrastructure. The ongoing expansion of hyperscale data centers is reshaping the market, leading to larger facilities and a greater focus on energy efficiency and sustainability. Analyzing each segment (By DC Size, Tier Type, Absorption, Colocation Type, and End User) will reveal specific opportunities and challenges within the market. Future projections suggest continued growth, with the market likely surpassing $1 billion by 2027, based on a sustained CAGR.
Chicago Data Center Market: A Comprehensive Report (2019-2033)
This detailed report provides a comprehensive analysis of the Chicago data center market, offering valuable insights for industry stakeholders, investors, and businesses seeking to understand the dynamics of this rapidly evolving sector. Covering the period from 2019 to 2033, with a focus on 2025, this report delivers actionable intelligence on market trends, key players, and future growth prospects.
Chicago Data Center Market Concentration & Innovation
The Chicago data center market exhibits a moderately concentrated landscape, with several large players holding significant market share. Equinix Inc, Digital Realty Trust Inc, and CyrusOne are among the leading providers, commanding a combined xx% market share in 2025 (estimated). However, the presence of numerous smaller and regional players ensures a competitive environment. Innovation in the Chicago market is driven by the increasing demand for high-performance computing, edge computing solutions, and sustainable data center infrastructure. Regulatory frameworks, while generally supportive of data center development, are constantly evolving, impacting infrastructure investment and operational costs. Product substitution is limited, with the primary focus shifting towards enhanced efficiency, security, and scalability. M&A activity remains robust, with deal values exceeding xx Million in 2024, reflecting consolidation within the sector and a desire to expand capabilities and geographic reach. End-user trends indicate a growing preference for colocation services, driven by the need for flexible and scalable solutions. Key M&A activities in recent years include:
- Equinix's acquisition of xx in 20xx (xx Million).
- Digital Realty's expansion through partnerships and acquisitions (xx Million annually).
- CyrusOne's strategic investments in network infrastructure (xx Million annually).
Chicago Data Center Market Industry Trends & Insights
The Chicago data center market is experiencing significant growth, driven by factors such as the increasing adoption of cloud computing, the growth of big data analytics, and the expansion of e-commerce activities. Technological disruptions, such as the rise of edge computing and artificial intelligence (AI), are creating new opportunities for data center providers. Consumer preferences are shifting towards sustainable and environmentally friendly data center solutions, prompting investments in energy-efficient technologies. Competitive dynamics are characterized by intense rivalry among established players and the emergence of new entrants, fostering innovation and pricing pressures. The market is projected to register a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033), with market penetration steadily increasing across various segments.
Dominant Markets & Segments in Chicago Data Center Market
- By DC Size: The Large and Mega data center segments dominate the market, driven by the needs of hyperscale cloud providers and large enterprises. Key drivers include robust power infrastructure, access to skilled labor, and favorable economic policies.
- By Tier Type: Tier III and Tier IV data centers are the most prevalent, reflecting the demand for high availability and reliability. Government regulations and industry standards play a major role in shaping the Tier landscape.
- By Absorption: Utilized capacity accounts for a significant portion of the market, indicating strong demand and limited supply. Factors like land availability and power capacity influence absorption rates.
- By Colocation Type: Retail colocation is currently the largest segment, but Wholesale and Hyperscale colocation are experiencing rapid growth, fuelled by expanding cloud and enterprise requirements.
- By End User: The Cloud & IT sector is the largest end-user segment, followed by Telecom and BFSI. The growth of these segments is directly correlated with the expanding digital economy.
The Chicago market's dominance is attributed to several factors including a strong technological infrastructure, favorable regulatory environment, and strategic location within the US Midwest, serving as a crucial connectivity hub.
Chicago Data Center Market Product Developments
Recent product innovations focus on enhancing energy efficiency, improving security protocols, and offering flexible, scalable solutions. Data center providers are increasingly integrating AI and machine learning for predictive maintenance and optimized resource allocation. These advancements cater to the growing demand for reliable, cost-effective, and environmentally conscious data center services, providing a competitive advantage in the market.
Report Scope & Segmentation Analysis
This report segments the Chicago data center market by DC Size (Small, Medium, Large, Massive, Mega), Tier Type (Tier I, Tier II, Tier III, Tier IV), Absorption (Utilized, Non-Utilized), Colocation Type (Retail, Wholesale, Hyperscale), and End User (Cloud & IT, Telecom, Media & Entertainment, Government, BFSI, Manufacturing, E-Commerce, Other). Each segment's growth projection, market size, and competitive dynamics are analyzed, providing a holistic view of the market landscape.
Key Drivers of Chicago Data Center Market Growth
The Chicago data center market's growth is fueled by several key factors. The increasing adoption of cloud computing and big data analytics necessitates substantial data storage and processing capabilities. Government initiatives promoting digital transformation and technological advancement further stimulate market expansion. Furthermore, the strategic location of Chicago as a key connectivity hub within the Midwest region enhances its attractiveness as a data center location.
Challenges in the Chicago Data Center Market Sector
The Chicago data center market faces challenges such as limited power capacity in certain areas, high land costs, and intense competition among existing providers. Regulatory hurdles and supply chain disruptions can also impact project timelines and budgets, creating operational complexities. These factors can restrain growth and require strategic mitigation strategies from market players.
Emerging Opportunities in Chicago Data Center Market
Emerging opportunities in the Chicago market include the growing demand for edge computing solutions, increasing adoption of 5G networks, and the development of sustainable data center technologies. The expanding demand for colocation services from various end-user segments presents significant growth prospects. Addressing specific challenges through innovation can unlock considerable market opportunities.
Leading Players in the Chicago Data Center Market Market
- Cyxtera Technologies Inc
- Quality Technology Services
- Equinix Inc
- Rackspace Technology
- Fifteen Forty seven
- PhoenixNAP
- Netrality Data Centers
- Digital Fortress
- 365 data centers
- DataBank
- EdgeConneX Inc
- CyrusOne
- T5 Datacenters
- Hivelocity
- Cogent
- Evoque
- CoreSite
- Digital Realty Trust Inc
- Colocrossing
- New York Internet Company
- Stack Infrastructure
- Stream Data Centers
- Tierpoint LLC
Key Developments in Chicago Data Center Market Industry
- September 2022: Metro Edge Development Partners initiates construction of a 21 MW, 191,000 sq ft data center in the Illinois Medical District. This signifies significant investment in high-performance data center infrastructure in the region.
- November 2022: T5 Data Centers completes the final 20 MW phase of its T5@Chicago project, expanding its capacity and strengthening its position in the market. This demonstrates ongoing expansion and investment by established players.
Strategic Outlook for Chicago Data Center Market Market
The future of the Chicago data center market is promising, with continued growth driven by the increasing demand for digital infrastructure. The city's strategic location, strong connectivity, and supportive regulatory environment will attract further investments. Companies focusing on innovation, sustainability, and providing flexible solutions will be best positioned to capitalize on the market's significant growth potential.
Chicago Data Center Market Segmentation
-
1. DC Size
- 1.1. Small
- 1.2. Medium
- 1.3. Large
- 1.4. Massive
- 1.5. Mega
-
2. Tier Type
- 2.1. Tier 1 & 2
- 2.2. Tier 3
- 2.3. Tier 4
-
3. Absorption
-
3.1. Utilized
-
3.1.1. By Colocation Type
- 3.1.1.1. Retail
- 3.1.1.2. Wholesale
- 3.1.1.3. Hyperscale
-
3.1.2. By End User
- 3.1.2.1. Cloud & IT
- 3.1.2.2. Telecom
- 3.1.2.3. Media & Entertainment
- 3.1.2.4. Government
- 3.1.2.5. BFSI
- 3.1.2.6. Manufacturing
- 3.1.2.7. E-Commerce
- 3.1.2.8. Other End User
-
3.1.1. By Colocation Type
- 3.2. Non-Utilized
-
3.1. Utilized
Chicago Data Center Market Segmentation By Geography
- 1. Chicago
Chicago Data Center Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 9.00% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Adoption of Cloud Services is expected to flourish the market; Increasing Growth in Wholesale Datacenter Multi-tenant Spaces to propel demand (albeit from a lower base); Increased Emphasis on Compliance with Data Regulations and Cost-Effective Nature of Multi-tenant Facilities to Drive Adoption among SME's
- 3.3. Market Restrains
- 3.3.1. Dependence on Regulatory Landscape & Stringent Security Requirements
- 3.4. Market Trends
- 3.4.1 Growing Cloud Applications
- 3.4.2 AI
- 3.4.3 and Big Data
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Chicago Data Center Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by DC Size
- 5.1.1. Small
- 5.1.2. Medium
- 5.1.3. Large
- 5.1.4. Massive
- 5.1.5. Mega
- 5.2. Market Analysis, Insights and Forecast - by Tier Type
- 5.2.1. Tier 1 & 2
- 5.2.2. Tier 3
- 5.2.3. Tier 4
- 5.3. Market Analysis, Insights and Forecast - by Absorption
- 5.3.1. Utilized
- 5.3.1.1. By Colocation Type
- 5.3.1.1.1. Retail
- 5.3.1.1.2. Wholesale
- 5.3.1.1.3. Hyperscale
- 5.3.1.2. By End User
- 5.3.1.2.1. Cloud & IT
- 5.3.1.2.2. Telecom
- 5.3.1.2.3. Media & Entertainment
- 5.3.1.2.4. Government
- 5.3.1.2.5. BFSI
- 5.3.1.2.6. Manufacturing
- 5.3.1.2.7. E-Commerce
- 5.3.1.2.8. Other End User
- 5.3.1.1. By Colocation Type
- 5.3.2. Non-Utilized
- 5.3.1. Utilized
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Chicago
- 5.1. Market Analysis, Insights and Forecast - by DC Size
- 6. North America Chicago Data Center Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.1.1.
- 7. Europe Chicago Data Center Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.1.1.
- 8. Asia Chicago Data Center Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.1.1.
- 9. Australia and New Zealand Chicago Data Center Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.1.1.
- 10. Latin America Chicago Data Center Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1.
- 11. Middle East and Africa Chicago Data Center Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1.
- 12. Competitive Analysis
- 12.1. Global Market Share Analysis 2024
- 12.2. Company Profiles
- 12.2.1 Cyxtera Technologies Inc
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 Quality Technology Services
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Equinix Inc
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 Rackspace Technology
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 Fifteen Forty seven
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 PhoenixNAP
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 Netrality Data Centers
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 Digital Fortress
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 365 data centers
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.10 DataBank
- 12.2.10.1. Overview
- 12.2.10.2. Products
- 12.2.10.3. SWOT Analysis
- 12.2.10.4. Recent Developments
- 12.2.10.5. Financials (Based on Availability)
- 12.2.11 EdgeConneX Inc
- 12.2.11.1. Overview
- 12.2.11.2. Products
- 12.2.11.3. SWOT Analysis
- 12.2.11.4. Recent Developments
- 12.2.11.5. Financials (Based on Availability)
- 12.2.12 CyrusOne
- 12.2.12.1. Overview
- 12.2.12.2. Products
- 12.2.12.3. SWOT Analysis
- 12.2.12.4. Recent Developments
- 12.2.12.5. Financials (Based on Availability)
- 12.2.13 T5 Datacenters
- 12.2.13.1. Overview
- 12.2.13.2. Products
- 12.2.13.3. SWOT Analysis
- 12.2.13.4. Recent Developments
- 12.2.13.5. Financials (Based on Availability)
- 12.2.14 Hivelocity
- 12.2.14.1. Overview
- 12.2.14.2. Products
- 12.2.14.3. SWOT Analysis
- 12.2.14.4. Recent Developments
- 12.2.14.5. Financials (Based on Availability)
- 12.2.15 Cogent
- 12.2.15.1. Overview
- 12.2.15.2. Products
- 12.2.15.3. SWOT Analysis
- 12.2.15.4. Recent Developments
- 12.2.15.5. Financials (Based on Availability)
- 12.2.16 Evoque
- 12.2.16.1. Overview
- 12.2.16.2. Products
- 12.2.16.3. SWOT Analysis
- 12.2.16.4. Recent Developments
- 12.2.16.5. Financials (Based on Availability)
- 12.2.17 CoreSite
- 12.2.17.1. Overview
- 12.2.17.2. Products
- 12.2.17.3. SWOT Analysis
- 12.2.17.4. Recent Developments
- 12.2.17.5. Financials (Based on Availability)
- 12.2.18 Digital Realty Trust Inc
- 12.2.18.1. Overview
- 12.2.18.2. Products
- 12.2.18.3. SWOT Analysis
- 12.2.18.4. Recent Developments
- 12.2.18.5. Financials (Based on Availability)
- 12.2.19 Colocrossing
- 12.2.19.1. Overview
- 12.2.19.2. Products
- 12.2.19.3. SWOT Analysis
- 12.2.19.4. Recent Developments
- 12.2.19.5. Financials (Based on Availability)
- 12.2.20 New York Internet Company
- 12.2.20.1. Overview
- 12.2.20.2. Products
- 12.2.20.3. SWOT Analysis
- 12.2.20.4. Recent Developments
- 12.2.20.5. Financials (Based on Availability)
- 12.2.21 Stack Infrastructure
- 12.2.21.1. Overview
- 12.2.21.2. Products
- 12.2.21.3. SWOT Analysis
- 12.2.21.4. Recent Developments
- 12.2.21.5. Financials (Based on Availability)
- 12.2.22 Stream Data Centers
- 12.2.22.1. Overview
- 12.2.22.2. Products
- 12.2.22.3. SWOT Analysis
- 12.2.22.4. Recent Developments
- 12.2.22.5. Financials (Based on Availability)
- 12.2.23 Tierpoint LLC
- 12.2.23.1. Overview
- 12.2.23.2. Products
- 12.2.23.3. SWOT Analysis
- 12.2.23.4. Recent Developments
- 12.2.23.5. Financials (Based on Availability)
- 12.2.1 Cyxtera Technologies Inc
List of Figures
- Figure 1: Global Chicago Data Center Market Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: North America Chicago Data Center Market Revenue (Million), by Country 2024 & 2032
- Figure 3: North America Chicago Data Center Market Revenue Share (%), by Country 2024 & 2032
- Figure 4: Europe Chicago Data Center Market Revenue (Million), by Country 2024 & 2032
- Figure 5: Europe Chicago Data Center Market Revenue Share (%), by Country 2024 & 2032
- Figure 6: Asia Chicago Data Center Market Revenue (Million), by Country 2024 & 2032
- Figure 7: Asia Chicago Data Center Market Revenue Share (%), by Country 2024 & 2032
- Figure 8: Australia and New Zealand Chicago Data Center Market Revenue (Million), by Country 2024 & 2032
- Figure 9: Australia and New Zealand Chicago Data Center Market Revenue Share (%), by Country 2024 & 2032
- Figure 10: Latin America Chicago Data Center Market Revenue (Million), by Country 2024 & 2032
- Figure 11: Latin America Chicago Data Center Market Revenue Share (%), by Country 2024 & 2032
- Figure 12: Middle East and Africa Chicago Data Center Market Revenue (Million), by Country 2024 & 2032
- Figure 13: Middle East and Africa Chicago Data Center Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: Chicago Chicago Data Center Market Revenue (Million), by DC Size 2024 & 2032
- Figure 15: Chicago Chicago Data Center Market Revenue Share (%), by DC Size 2024 & 2032
- Figure 16: Chicago Chicago Data Center Market Revenue (Million), by Tier Type 2024 & 2032
- Figure 17: Chicago Chicago Data Center Market Revenue Share (%), by Tier Type 2024 & 2032
- Figure 18: Chicago Chicago Data Center Market Revenue (Million), by Absorption 2024 & 2032
- Figure 19: Chicago Chicago Data Center Market Revenue Share (%), by Absorption 2024 & 2032
- Figure 20: Chicago Chicago Data Center Market Revenue (Million), by Country 2024 & 2032
- Figure 21: Chicago Chicago Data Center Market Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Chicago Data Center Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Chicago Data Center Market Revenue Million Forecast, by DC Size 2019 & 2032
- Table 3: Global Chicago Data Center Market Revenue Million Forecast, by Tier Type 2019 & 2032
- Table 4: Global Chicago Data Center Market Revenue Million Forecast, by Absorption 2019 & 2032
- Table 5: Global Chicago Data Center Market Revenue Million Forecast, by Region 2019 & 2032
- Table 6: Global Chicago Data Center Market Revenue Million Forecast, by Country 2019 & 2032
- Table 7: Chicago Data Center Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Global Chicago Data Center Market Revenue Million Forecast, by Country 2019 & 2032
- Table 9: Chicago Data Center Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Global Chicago Data Center Market Revenue Million Forecast, by Country 2019 & 2032
- Table 11: Chicago Data Center Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Global Chicago Data Center Market Revenue Million Forecast, by Country 2019 & 2032
- Table 13: Chicago Data Center Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Global Chicago Data Center Market Revenue Million Forecast, by Country 2019 & 2032
- Table 15: Chicago Data Center Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Global Chicago Data Center Market Revenue Million Forecast, by Country 2019 & 2032
- Table 17: Chicago Data Center Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Global Chicago Data Center Market Revenue Million Forecast, by DC Size 2019 & 2032
- Table 19: Global Chicago Data Center Market Revenue Million Forecast, by Tier Type 2019 & 2032
- Table 20: Global Chicago Data Center Market Revenue Million Forecast, by Absorption 2019 & 2032
- Table 21: Global Chicago Data Center Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Chicago Data Center Market?
The projected CAGR is approximately 9.00%.
2. Which companies are prominent players in the Chicago Data Center Market?
Key companies in the market include Cyxtera Technologies Inc, Quality Technology Services, Equinix Inc, Rackspace Technology, Fifteen Forty seven, PhoenixNAP, Netrality Data Centers, Digital Fortress, 365 data centers, DataBank, EdgeConneX Inc, CyrusOne, T5 Datacenters, Hivelocity, Cogent, Evoque, CoreSite, Digital Realty Trust Inc, Colocrossing, New York Internet Company, Stack Infrastructure, Stream Data Centers, Tierpoint LLC.
3. What are the main segments of the Chicago Data Center Market?
The market segments include DC Size, Tier Type, Absorption.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Growing Adoption of Cloud Services is expected to flourish the market; Increasing Growth in Wholesale Datacenter Multi-tenant Spaces to propel demand (albeit from a lower base); Increased Emphasis on Compliance with Data Regulations and Cost-Effective Nature of Multi-tenant Facilities to Drive Adoption among SME's.
6. What are the notable trends driving market growth?
Growing Cloud Applications. AI. and Big Data.
7. Are there any restraints impacting market growth?
Dependence on Regulatory Landscape & Stringent Security Requirements.
8. Can you provide examples of recent developments in the market?
September 2022: In Chicago, Illinois, commercial real estate investment company Metro Edge Development Partners was preparing to build a new data center. The business disclosed that it had signed a ground lease with a 75-year term for a 1.97-acre plot in the Illinois Medical District (IMD), which gives it the only right to develop and run a high-performance data center. Approximately 191,000 square feet of a 21 MW, five-story data center by Metro Edge has started developing and permitting (17,750 sqm).
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Chicago Data Center Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Chicago Data Center Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Chicago Data Center Market?
To stay informed about further developments, trends, and reports in the Chicago Data Center Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
