Market Share of New Jersey Data Center Industry
The New Jersey Data Center Market is fragmented in that key vendors are utilizing inorganic growth techniques, such as mergers and acquisitions and strategic partnerships, to increase their market share. Some market players are Digital Realty Trust, Inc., DataBank, Equinix Inc., and CoreSite.
With the acquisition of vXchnge's 3MW asset in Secaucus, NJ, H5 Data Centres entered the New Jersey market. The addition was part of a seven-asset portfolio transaction with assets in Nashville, Philadelphia, Pittsburgh, Portland, New Jersey, St. Louis, and St. Paul.
IN June 2022, Lightpath established a new fiber line from New York City to Ashburn, Virginia. This 300-mile fiber cable will be added to Lightpath's 19,000-mile network that spans the tri-state area and New England. Xtel Communications expanded its portfolio with the addition of a third data center, the first in New Jersey. The telecom and cloud company, which has offices in Texas and Pennsylvania, provides high-availability active-active network design.
New Jersey Data Center Market Leaders
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Digital Realty Trust, Inc.
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DataBank
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CoreSite
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CyrusOne
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Equinix Inc.
*Disclaimer: Major Players sorted in no particular order
