Blockchain Press Releases
The US Data Center Market will Witness Investments of $110 Billion in 2028 – Arizton
CHICAGO, June 28, 2023 /PRNewswire/ — According to Arizton’s latest research report, the US data center market will grow at a CAGR of 3.57% during 2022-2028.
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The US data center market witnessed investments from several colocation, hyperscale, and data center operators. Several new entrants have also entered the market. The market is aided by the high use of cloud-based services across regions, digitalization initiatives, the demand for streaming online entertainment content at high speeds, and the deployment of 5G services.
The US data center market is expected to grow at a steady pace owing to the presence of major hyperscalers. Arizton’s research identified several investments from Meta (Facebook), Google, Amazon Web Services, and Microsoft, all actively investing in the region. Moreover, the Chicago data center market witnessed maximum demand from the cloud and technology sector. Telecom, entertainment & media sectors were other prominent sectors that increased the demand for data center services, cumulatively creating around 20% of the overall demand.
U.S. Data Center Market Landscape Report Scope
|
Report Attributes |
Details |
|
Market Size |
USD 110.21 Billion (2028) |
|
Market Size (Area) |
25.94 million sq. Feet (2028) |
|
Market Size (Power Capacity) |
3,404 MW (2028) |
|
CAGR Investment (2022-2028) |
3.57 % |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
|
Market Segmentation |
Facility Type, Infrastructure, IT Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Techniques, General Construction, Tier Standards, and Geography |
|
Geographic Analysis |
United States (South-Eastern, South-Western, Western, Mid-Western, and North-Eastern) |
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Segmentation Overview
- Some IT infrastructure trends witnessed in the U.S. data center market are the adoption of NVMe storage, 200/400 GbE ports, ARM-based architecture, server virtualization, and converged and hyper-converged infrastructure.
- The lithium-ion data center battery industry is expected to account for a share of 30−40% by 2024. Modern UPS systems are being innovated to be modular and occupy less space in facilities. It is expected that with a significant increase in data being generated and stored, low tolerance for downtime, and need for sustainability, lithium-ion adoption will increase significantly, with the market share of VRLA batteries decreasing significantly.
- The U.S. data center market witnessed several innovations and changes over time. Several operators are innovating to improve the operations of their facilities. Some innovations include adopting eco-diesel generators, HVO fuel, fuel cells (Hydrogen based), and DCIM solutions.
- Liquid cooling is the most popular cooling technology used in High-Performance Computing (HPC) in data centers to support AI and ML workloads. These technologies require powerful computing capabilities for TPU, where the heat generated exceeds the cooling limit and thus demands superior efficiency to keep the chips working optimally.
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Market Trends
Sustainability Measures Adopted by Data Center Operators
- The increased data center power consumption and the need to decrease carbon emissions prompted many service providers to purchase clean, renewable energy sources to power their current and new facilities.
- Data centers are among the largest consumers of power and a leading source of carbon emissions across several locations. Several operators and governments have implemented initiatives to lower carbon emissions from data centers.
- According to one of the operators of the world’s largest PPA marketplace and leading provider of renewable transaction infrastructure, LevelTen Energy, the renewable energy power purchase agreement (PPA) prices in Q2 2022 rose to over 5.3% and around 30% YOY in the North American industry.
AI & HPC Applications Driving Liquid Immersion & Direct-to-Chip Cooling
- Vendors in the U.S. data center market operating in the liquid immersion and direct-to-chip cooling industry are strengthening their offerings through multiple OEM partnerships. For instance, Fujitsu, IBM, HPE, Dell Technologies, and ODM server suppliers actively offer direct-to-chip cooling and liquid immersion server racks to run AI and ML workloads to their HPC clients.
- The Skybox Datacenters facility in Houston has deployed a cooling system in its DownUnder GeoSolutions (DUG) project, which has more than 40,000 servers immersed in liquid coolant in 720 enclosures.
- Microsoft partnered with Wiwynn to test the deployment of a two-phase immersion-cooled server at a data center in Washington.
Market Segmentation
Facility Type
- Hyperscale Data Centers
- Colocation Data Centers
- Enterprise Data Centers
Infrastructure
- IT Infrastructure
- Electrical Infrastructure
- Mechanical Infrastructure
- General Construction
IT Infrastructure
- Server Infrastructure
- Storage Infrastructure
- Network Infrastructure
Electrical Infrastructure
- UPS Systems
- Generators
- Transfer Switches & Switchgear
- Power Distribution Units
- Other Electrical Infrastructure
Mechanical Infrastructure
- Cooling Systems
- Racks
- Other Mechanical Infrastructure
Cooling Systems
- CRAC & CRAH Units
- Chiller Units
- Cooling Towers, Condensers, and Dry Coolers
- Economizers & Evaporative Coolers
- Other Cooling Units
Cooling Techniques
- Air-based Cooling Technique
- Liquid-based Cooling Technique
General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Engineering & Building Design
- Physical Security
- Fire Detection & Suppression
- DCIM
Tier Standard
- Tier I & II
- Tier III
- Tier IV
Geography
- United States
- South-Eastern
- South-Western
- Western
- Mid-Western
- North-Eastern
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Arizton’s Expertise in Data Center Industry
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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DUBAI, UAE, Jan. 27, 2025 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is unleashing the rewarding power of its SOL liquid staking token bbSOL in the first mega airdrop of 2025, the bbSOL Golden Maxi Rewards event. With over $700,000 worth of SONIC, J, SSI, and ALCH up for grabs in prizes, the event is bbSOL’s largest giveaway to date, and promises to get Bybit Web3 users in festive spirit throughout the Lunar New Year.
From Jan. 27 to Feb. 17, 2025, eligible users may exclusively get on board the growth journey of bbSOL and explore rewards options during the event, by simply staking 0.5 SOL or more on Bybit Web3 using their Bybit Web3 Seed Phrase Wallet. Registration and other tasks are required, terms and conditions apply. The top stakers may be eligible for up to 800 J, 800 SONIC, 80 SSI, and 800 ALCH in Red Packets.
Barely five months’ old, bbSOL is fast maturing as a popular portal to the Solana ecosystem, connecting Bybit Web3 users to the immense opportunities on the emerging SOL network without leaving the Bybit app. The innovative SOL staking solution has seen over $280 million in Total Value locked since its launch.
“At Bybit Web3, we are constantly thinking out of the box to provide more creative solutions and pathways to returns. bbSOL is the culmination of our focus on product innovation. And we are committed to offering an expansive range of rewards and helping our users stay ahead of the curve of Web3 innovations,” said Emily Bao, Head of Spot and Web3 at Bybit.
Bybit Web3 made significant strides in 2024, building a robust ecosystem to connect millions of users worldwide to multi-chain opportunities. In a recent keynote address by Ben Zhou, the CEO and Co-founder of Bybit alluded to the future of on-chain Bybit as a gateway to Web3. The Web3 dimension of Bybit plays a pivotal role in integrating on-chain asset management, delivering advanced CeDeFi trading solutions into a seamless Web3 experience for all.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 10 million wallet users, over 20 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 40 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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Blockchain
Humanity Protocol Secures $20 Million Strategic Funding from Jump Crypto and Pantera Capital at $1.1B Fully Diluted Valuation
Humanity Protocol, a decentralized identity blockchain solution, is today announcing the successful closure of its latest $20 million funding round, co-led by Pantera Capital and Jump Crypto at a $1.1 billion fully diluted valuation.
This investment represents a vote of confidence in Humanity Protocol’s mission to redefine decentralized identity and unlock new possibilities for secure, inclusive, and user-owned blockchain ecosystems. It follows the recent announcement of the Humanity Foundation’s formation, led by Yat Siu, Mario Nawfal, and interim CEO Yeewai Chong.
The funding will accelerate Humanity Protocol’s development of Proof of Humanity, Human ID, and seamless integrations with leading Web3 platforms. With the support of Jump Crypto and Pantera Capital, Humanity Protocol is poised to scale its operations, expand its global reach, and drive adoption across industries beyond Web3.
As Humanity Protocol continues to grow, the funding will also support upcoming initiatives, including partnership announcements, developer grants, and community-building efforts leading up to the protocol’s mainnet launch.
Both Pantera Capital and Jump Crypto bring extensive expertise in blockchain, Web3 infrastructure, and strategic scaling, making them ideal partners in Humanity Protocol’s next growth phase.
“At Humanity Protocol, we’re committed to empowering individuals with digital identities that are truly their own,” said Terence Kwok, Founder of Humanity Protocol. “This investment from Jump Crypto and Pantera Capital brings us one step closer to realizing a future where trustless, decentralized identity solutions are the norm. We’re honored to have the backing of such visionary investors who share our belief in the transformative potential of Web3 technologies.”
“At Pantera Capital, we are excited about all the ways that blockchain enables a future AI-driven world, and Humanity Protocol is leading the way,” added Cosmo Jiang, General Partner at Pantera Capital.
The post Humanity Protocol Secures $20 Million Strategic Funding from Jump Crypto and Pantera Capital at $1.1B Fully Diluted Valuation appeared first on News, Events, Advertising Options.
Blockchain
DYOR Partners with Ava Labs, Announces Major Developments With Matt Dyor Joining as Advisor Plus Acquisition of DYOR.com
DYOR, the innovative cryptocurrency research and analytics platform, has announced a listing partnership with Ava Labs, the company behind the Avalanche blockchain and AVAX coin, to launch on January 25th. The collaboration coincides with Ava Labs’ decision to reduce gas fees on Avalanche by one-twenty-fifth, a 96% decrease and a significant move to further drive blockchain adoption and accessibility.
The announcement also marks a series of exciting developments for DYOR, including the acquisition of the premium domain DYOR.com and the appointment of Matt Dyor as an advisor. Dyor, who has held key roles at Google, Amazon, Microsoft and other leading tech companies, brings a wealth of expertise in scaling technology platforms and user-focused innovation.
“What excites me the most is DYOR’s focus on bringing new users into crypto,” said Matt Dyor. “The most exciting aspect is how DYOR addresses real-world financial needs—going beyond just buying and holding crypto. By enabling smart contracts, decentralized trust, and seamless, automated payments, DYOR is bridging the gap between Web3 and traditional finance in a truly impactful way.”
The partnership with Ava Labs underscores DYOR’s mission to empower crypto enthusiasts and institutional users with transparent tools to make informed decisions. Avery Bartlett, Head of Business Development at Ava Labs, expressed enthusiasm about the collaboration: “Avalanche has some of the smartest devs building some of the most forward thinking applications in crypto. What we’ve been needing more of is cutting edge trader tooling for the on-chain degens that make this industry so exciting. DYOR is moving at the speed of light to deliver on some of the tooling this chain deserves. Excited for them.”
The acquisition of DYOR.com further cements the platform’s position as a trusted resource for crypto research and education, making it more discoverable and user-friendly for audiences worldwide.
DYOR Labs is redefining DeFi with a cutting-edge platform that empowers traders and developers alike. Offering real-time insights, advanced token data, and customizable workflows, users benefit from unmatched speed and cost efficiency. With features like fiat on/off ramps, cross-chain swaps, a native DEX, and Team Dashboards for transparency and project management, DYOR ensures seamless trading and trust-building across blockchains. Looking ahead, DYOR is set to launch AI-powered insights, gamified user engagement, on-chain ad auctions, and integrated social feeds, solidifying its position as a leader in DeFi innovation.
As DYOR continues to expand its capabilities and partnerships, this collaboration sets the stage for a new era of transparency, accessibility, and utility in the cryptocurrency space.
The post DYOR Partners with Ava Labs, Announces Major Developments With Matt Dyor Joining as Advisor Plus Acquisition of DYOR.com appeared first on News, Events, Advertising Options.
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