IREN competitors
As of 2026-09-05, IREN's closest competitors in Data Center Operators (Colo) are NTT, American Tower and Iron Mountain. wafergraph tracks 37 companies in Data Center Operators (Colo); IREN is positioned as a market challenger there with a market cap of $17.6B, and the largest competitor by market cap is NTT at $89.5B.
Data as of 2026-09-05 · peers = companies sharing IREN's primary Data Center Operators (Colo) segment in the wafergraph taxonomy · ordered by market position, then market cap
Who competes with IREN
| Competitor | Position | Country | Market cap | Revenue | Compare |
|---|---|---|---|---|---|
| NTT | major | Japan | $89.5B | $7.2B | IREN vs NTT |
| American Tower | major | United States | $81.9B | $10.6B | IREN vs American Tower |
| Iron Mountain | major | United States | $34.8B | $6.9B | IREN vs Iron Mountain |
| NEXTDC | major | Australia | $7.0B | $356M | IREN vs NEXTDC |
| Core Scientific | major | United States | $5.8B | $319M | IREN vs Core Scientific |
| DigitalBridge | major | United States | $3.0B | $94M | IREN vs DigitalBridge |
| AirTrunk | major | Australia | Unpriced | — | — |
| Aligned Data Centers | major | United States | Unpriced | — | — |
| Chindata Group | major | China | Unpriced | — | — |
| Compass Datacenters | major | United States | Unpriced | — | — |
| CoreSite | major | United States | Unpriced | — | — |
| CyrusOne | major | United States | Unpriced | — | — |
| EdgeConneX | major | United States | Unpriced | — | — |
| QTS Data Centers | major | United States | Unpriced | — | — |
| STACK Infrastructure | major | United States | Unpriced | — | — |
| Switch | major | United States | Unpriced | — | — |
| Vantage Data Centers | major | United States | Unpriced | — | — |
| Applied Digital | challenger | United States | $7.5B | $611M | IREN vs Applied Digital |
| Hut 8 | niche | United States | $11.5B | $235M | IREN vs Hut 8 |
| TeraWulf | niche | United States | $8.2B | $168M | IREN vs TeraWulf |
| Cipher Mining | niche | United States | $7.4B | $224M | IREN vs Cipher Mining |
| Keppel DC REIT | niche | Singapore | $4.2B | $347M | IREN vs Keppel DC REIT |
| 21Vianet | niche | China | $1.8B | $544M | IREN vs 21Vianet |
| Sify Technologies | niche | India | $1.0B | $466M | IREN vs Sify Technologies |
| HIVE Digital Technologies | niche | Canada | $850M | $298M | IREN vs HIVE Digital Technologies |
11 more Data Center Operators (Colo) companies are listed on the segment page.
Suppliers IREN shares with its competitors
A supplier shared across rivals is a segment-level chokepoint: if it fails, the whole peer group feels it at once.
Customers IREN shares with its competitors
Cite as: wafergraph, “IREN competitors — 36 rivals in Data Center Operators (Colo), compared”, https://wafergraph.com/competitors/iren (data as of 2026-09-05).
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