Data Center Market: Global Opportunities Analysis And Industry Forecast 2023 to 2029 | Report Research By Introspective Market Research

PRESS RELEASE
Published February 8, 2023

The Global Data Center Market Is Expected to Grow at a Significant Growth Rate, And The Analysis Period Is 2022-2028, Considering The Base Year As 2021.

Market Overview:

A data center is a physical facility that are used to manage the organizations’ critical applications and data. A data center is formed based on a network of computing and storage resources that makes it possible to store and deliver shared applications and data. Design of modern data centers are very different than what it used to be a short time ago, there are a lot of changes in the Infrastructure. It is shifted from traditional on-premises physical servers to virtual networks that is able to carry huge workload and can manage over a cloud environment.

The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis

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Top Key Players Covered In Data Center Market:

  • Coresite (USA)
  • QTS Realty Trust, Inc (USA)
  • China Telecom (China)
  • Interxion Holding N.v. (Netherlands)
  • NTT Communications (Japan)
  • IBM Corporation (USA)
  • Amazon Web Services (USA)
  • CyrusOne Inc (USA)
  • Equinix (USA)
  • Digital Realty (USA)
  • Cyxtera Technologies (USA)
  • Iron Mountain Inc (USA)
  • KAO Data Campus (UK), and Other Major Players.

Market Dynamics and Factors:

The growth of Data Centers is primarily led by increase in the number of companies switching to cloud services to ingress emerging technologies like Big Data, 5G, etc. Moving to the cloud can create a host of benefits for companies, including slashed IT costs, more flexibility, increased efficiency, improved security, boosted performance, and the potential for innovation and developing new capabilities, according to Woo and other experts. And the pandemic has only accelerated this transition and digital transformation.

The massive volume of metadata generated by machine-to-machine, embedded, and IoT devices is driving the increase in data generation is driving the market for data centers. Other factors include video and image creation, content consumption for entertainment and functional applications like security and advertising, as well as productivity-driven data like log files on computer systems and servers. This data is used by businesses to improve their products and services, maintain customer relations, and increase profitability.

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Data Center Market Report highlight:

  • By Type, Cloud Based Data center has captured the market of the Data Center. Cloud data center one of the most popular types of data center these days. In this type, a cloud service provider runs and manages the data center to support business applications and systems. It’s like a virtual data center with even more benefits than colocation data centers
  • By Service Provided, Data Management and Distribution has highest share in the Data Centre. Effective data management is a crucial piece of deploying the IT systems that run business applications and provide analytical information to help drive operational decision-making and strategic planning by corporate executives, business managers and other end users.
  • By Uptime, Tier 4 is dominating in the Data Center Market. The best uptime is considered as tier 4, which is availability of 99.995%. Having best Uptime like Tier 4 can optimize the efficiency of your system, Keep your clients happy, when monitoring your server uptime, you will be able to keep your data as secure as possible.
  • By End Users, IT and Telecom is the highest revenue contributor in the market as it comprises server, storage, and network infrastructure, which is the backbone of such facilities. Businesses are shifting from their existing resources to well-equipped data centers in order to improve data management, as data analysis has become critical to both business growth and public good. Concerns about data storage efficiency and privacy continue to drive the development of IT infrastructure.
  • The North America has captured this market. The U.S. has largets such centers, many of these in northern California, where many IT firms, such as Google, Facebook, Uber, Twitter, and Yelp, are headquartered. North America also has highly advanced, extensive, and efficient technological infrastructure. It also home for number of data center infrastructure providers.

Key Industry Development:

In December 2022, Equinix, Inc., the world’s leading digital infrastructure company, announced its plans to enter the South African market with an investment of US$160 million data center investment in JOHANNESBURG. Equinix is entering one of the largest and most digitally developed nations on the African continent. Earlier this year Equinix also had the acquisition of MainOne, the leading West African data center and connectivity solutions provider.

In March 2022, QTS Realty Trust, a giant hybrid colocation and mega-scale data center solutions provider announced its plan of expanding its connectivity ecosystem by providing more robust alternatives to traditional metro interconnect facilities. As part of this expansion, Amazon Web Services (AWS) has deployed components of its network infrastructure that support interconnect for a wide variety of AWS services in QTS’ mega data centers.

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Data Center Market Segmentation:

By Type

  • Enterprise
  • Managed services
  • Cloud-based
  • Others

By Service Provided

  • Data Processing
  • Data Storage
  • Networking
  • Data Management and Distribution

By Uptime

  • Tier I
  • Tier II
  • Tier III
  • Tier IV

By End Users

  • BFSI
  • IT & Telecom
  • Healthcare
  • Energy
  • Others

For this report, Introspective Market Research has segmented the Data Center Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Turkey
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Vietnam
    • Thailand
    • Rest of Asia-Pacific
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Iran
    • Rest of MEA
  • Latin America
    • Brazil
    • Argentina
    • Rest of LATAM

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Scope of the Report:

The latest research on the Data Center market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Data Center industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Data Center market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

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