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10 layers580 nodes2,376 dependencies9 chokepoints112 bottlenecks6,500+ companiesnode size = companies identified

Hyperscale self-build owners/operators

BOTTLENECK

A handful of hyperscalers design and fully occupy their own data centres, so the best AI capacity never reaches the open colocation market.

Cloud and internet companies that design, build and fully occupy their own data centres. They avoid third-party margins and optimise directly for AI workloads, capturing value through cost efficiency and scale.

Cloud and internet giants that design, build and wholly occupy their own facilities, managing the full capital programme and fit-out.

What the evidence shows

Hyperscale self-build segment holds 54.1% market share in 2024.

gminsights.com

Hyperscale owners projected to account for 67% of all capacity by 2031.

datacenterdynamics.com

Hyperscale companies operate 41% of worldwide data center capacity; over half is self-built.

srgresearch.com
RESCORED JUL 2026oligopolyscaling

Who controls it

MicrosoftGoogleMeta
$3.1B market · 202522.07% CAGRsource

Where it sits in the stack

Takes in: Capital, land, construction management, internal procurement

Sends on: Owned, occupied compute capacity

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Related nodes

Wholesale colocation operatorsRetail colocation operatorsNeocloud facility owners/operatorsData centre REITs and real-estate investorsEdge and micro data centre operators

Full scorecard, owner shares, supply edges and the full tracked roster are in the desk letter.

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