In this article, we are going to learn about the 5 largest data center companies in the world. At first let’s make clear what data centers are. Actually, as Insider Monkey says “a data center is a centralized facility that houses storage systems, routers, servers, security devices, and electrical switches where data can be accessed virtually through applications and websites.” We can it imagine, like a bank As we put and store our money on a bank account, a data is stored in a data center. They also process, back up and recover a large amount of data.
And what are the best types? The most common ones are cloud, colocation, and hyperscale. Colocation data centers are the suppliers of the physical space, power, and cooling systems for servers and connections to local communication networks. While hyperscale data center is a facility run by the supporters. The data center industry is continually growing and gaining larger and larger profits year by year. Especially that Internet of Things (IoT), 5G network and industry 4.0 Digital commerce have gained popularity. The data center industry is predicted to grow by 2% from 2019 to 2025. According to Insider Monkey’s investigation data center industry is about to exceed $69 billion in revenues by 2024 in the US alone.
And now, after this brief introduction, let’s see what you are here for, three of the largest data center companies from Insider Monkey’s article. On the fifth spot, we can see China Unicom, with a revenue of $21.67 billion, having 29,544 employees and 550 data centers. It’s headquartered in Hong Kong. China United Network Communications Group Co., Ltd was launched On February 8, 2000, with the merger of China Netcom and China Unicom.
On the fourth spot, we can see CenturyLink (NYSE: LUMN) with a revenue of $22 billion, having 43,000 employees and 350 data centers. It’s headquartered in Monroe, Louisiana. Century Link is regarded to be key a technology industry expert as a pioneer in the market for network services making it one of the largest data center companies in the world. China Telecom Corp Ltd (NYSE: CHA) stands on the second spot on the list with a revenue of $54,4 billion, having 281,215 employees and 456 data centers. China Telecom is headquartered in Beijing, China and operates in 31 provinces providing 95% of networks for 1.2 billion people. For more detailed information, please keep up reading the list of the largest data center companies in the world