USA Data Center Market Set for Massive Growth with 550+ New Projects - ResearchAndMarkets.com

The U.S. data center market is set for massive growth with over 550 new projects adding 90 GW of capacity. Major operators include Aligned Data Centers, COPT Data Center Solutions, CyrusOne, Digital Realty, Equinix, NTT, QTS Realty Trust, and Switch. Key locations for growth include Virginia, Texas, Arizona, Illinois, Nevada, Georgia, Ohio, Iowa, Utah, and Colorado.

The U.S. data center market is poised for significant growth, with over 550 new projects expected to add approximately 90 GW of capacity by 2038. This substantial expansion is driven by the increasing demand for data storage and processing capabilities, particularly from hyperscalers and crypto miners. Key operators in this market include Aligned Data Centers, COPT Data Center Solutions, CyrusOne, Digital Realty, Equinix, NTT, QTS Realty Trust, and Switch.

The database provided by ResearchAndMarkets.com [1] offers a comprehensive overview of the existing and upcoming colocation and hyperscale data centers across the United States. The database covers 1,121 existing colocation data centers, 385 upcoming colocation data centers, and 152 upcoming hyperscale self-built data centers, providing detailed analysis of each facility's capacity, location, and operator.

Major growth is expected in several states, with Virginia, Texas, Arizona, Illinois, Nevada, Georgia, Ohio, Iowa, Utah, and Colorado accounting for over 70% of the upcoming capacity in the market. These states are attracting substantial investments, with Colorado, Indiana, Louisiana, Oregon, North Carolina, Pennsylvania, Missouri, and Minnesota each receiving investments exceeding a billion dollars.

Semtech's Q2 2026 earnings report [2] highlights the strong performance of the data center market. Semtech reported record net sales of $257.6 million for Q2 2026, up 20% year-over-year, with data center revenue rising 39% year-over-year. This growth was driven by increased demand for FiberEdge products and CapEx forecasts from hyperscalers.

The expansion of data centers in the U.S. is also driven by the growing demand for AI workloads and the entry of crypto miners into the market. Leading data center operators are aligning their strategies to meet these demands, investing in new facilities and upgrading existing ones to accommodate the increasing IT load capacity.

References:
[1] https://www.globenewswire.com/news-release/2025/08/22/3137734/0/en/United-States-Data-Center-Database-2025-Covering-1-121-Existing-and-385-Upcoming-Colocation-Centers-Plus-152-Hyperscale-Data-Centers-Across-50-States.html
[2] https://www.ainvest.com/news/semtech-q2-2026-discrepancies-lpo-adoption-lora-revenue-data-center-growth-2508/