Data Center Market Research Report

 

Data Center Market:

Growth opportunities in the Data Center Market look promising over the next six years. This is mainly due to the increasing potential of edge computing and the growing need of reliability and expandability in IT infrastructure.

Request for a FREE Sample Report on Data Center Market

Data Center Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

One of the prime factors responsible for the growth of the global data center market includes the augmenting acquisition of cloud services throughout the nation. The server systems and storage & network infrastructure are anticipated to generate a substantial share of income. Also, the surging need for safety, scalability, and dependability in the IT infrastructure is strengthening the market size. The technological environment referred to as interconnect expanded remarkably with the increase in data rates and computing power of switches & servers. These centers are increasingly employing optical fiber-based economical interconnects to meet power, cost, and latency requirements. Moreover, these centers are continuously expanding their optical communication and architecture along with the attempts for a high-performance, stable outlook to maximize their actions. Edge computing accounts for trending technologies in the IT industry and relies on data processing closer to the data collection source (defined as the edge of a network) instead of a central server. This considerably boosts the speed and decreases the intermission, thereby stimulating the market growth. However, excessive mantainence and initial costs coupled with insufficient overall control will hinder the market share.

Component Segment Drivers

Based on the component, security solutions are projected to witness a faster CAGR over the forecast period. These data centers are required to fulfill the specific security requirements and more proactive operators concerning safety. Also, they must offer environmental systems supervision and physical access to the surveillance systems, including biometric access, motion sensor, and CCTV system.

Regional Drivers

Based on the regional coverage, North America is predicted to dominate the market over the forecast period. This is primarily attributed to the prevalence of a prominent number of data centers with their fast acceptance led by the availability of safe, advanced, and inclusive solutions. On the other hand, Asia-Pacific is expected to expand at a faster CAGR during the forecast period. This is due to the growing number of data traffic, especially in China, India, and Australia. Additionally, macro-economic factors, such as accelerating population, rapid globalization, economic promotion, will propel the market growth.

Data Center Market’s leading Manufacturers:

  • NTT Data Corp.
  • Microsoft Corporation
  • Oracle Corporation
  • Cisco Systems Inc
  • Alphabet Inc.
  • Equinix Inc.
  • SAP SE
  • IBM Corporation
  • Amazon Inc.
  • Huawei

Data Center Market Segmentation:

Segmentation by Type

  • Enterprise Data Center
  • Managed Services Data Center
  • Colocation Data Center
  • Cloud Data Center

Segmentation by Component

  • Power Management System
  • IT Infrastructure
  • Mechanical & General Construction
  • Security Solutions

Segmentation by End User

  • Banking & Financial Services
  • IT & Telecom
  • Government
  • Healthcare
  • Others

Segmentation by Region:

  • North America
    • United States of America
    • Canada

 

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

 

Comments

Post a Comment

Popular posts from this blog

Seizing the Europe Smart Home Market Opportunity

Image
 The Europe smart home market presents a vast and promising opportunity for businesses and consumers alike. With advancements in technology, changing lifestyles, and increasing awareness about energy efficiency, the smart home industry in Europe is ripe with potential for growth and innovation. The opportunity in the Europe smart home market stems from several key factors. Firstly, the region boasts a large and affluent consumer base that is increasingly embracing connected technology to enhance their lifestyles. From smart thermostats and lighting systems to security cameras and voice-controlled assistants, the demand for smart home devices is on the rise across the continent. Moreover, supportive regulatory initiatives and incentives aimed at promoting energy efficiency and sustainability are creating a conducive environment for the adoption of smart home technology in Europe. Tax incentives, rebates, and subsidies for energy-efficient home upgrades are encouraging homeowners to inv
Read more

Unlocking Opportunities: GCC Medical Packaging Market Growth in 2024

Image
The GCC medical packaging market is poised for substantial growth in 2024, driven by factors such as technological advancements, increasing healthcare spending, and a focus on patient safety. The region's growing population, coupled with rising demand for quality healthcare services, is fueling the expansion of the medical packaging sector. Let's explore the key drivers and opportunities contributing to the growth of the GCC medical packaging market this year. One of the primary drivers of market growth is the continuous innovation in medical packaging technologies. Companies are investing in advanced packaging materials, designs, and functionalities to meet the evolving needs of healthcare providers and patients. Smart packaging solutions equipped with sensors, RFID tags, and tracking capabilities are enhancing product safety, supply chain visibility, and real-time monitoring. This technological progress is driving the adoption of intelligent packaging solutions and fueling m
Read more

Riding the Wave: India Wireless Earphone Market Surges Amidst Growing Demand

Image
 The India Wireless Earphone Market is witnessing remarkable growth, buoyed by an increasing demand for wireless audio solutions and a shift towards a wireless lifestyle. With consumers seeking convenience, mobility, and superior audio quality, wireless earphones have emerged as a must-have accessory in today's digital age, driving significant market expansion. One of the key drivers of growth in the India Wireless Earphone Market is the rising penetration of smartphones and smart devices. With smartphone ownership becoming ubiquitous across urban and rural areas, there is a growing need for wireless earphones that complement these devices seamlessly. As consumers look for hassle-free connectivity and on-the-go audio solutions, the demand for wireless earphones continues to surge, fueling market growth. Moreover, technological advancements in wireless audio technology are driving market expansion. Innovations such as true wireless earbuds, active noise cancellation, and advanced B
Read more