Data Center Market 2019 Global Leading Growth Drivers, Emerging Audience, Segments, Sales, Profits and Regional Study

Global data center market is expected to grow at a CAGR of approximately 11% during the forecast period 2017-2023

Data Center Market Highlights:
An expected 11% CAGR during the forecast period (2017-2023), as predicted by Market Research Future (MRFR), is the result of data center market doing great globally. Data centers are the virtual or physical infrastructure that would hold a large amount of data and store them safely. As primary concerns for such extensive operations things such as networking connections, multiple back up supply units, and cooling systems to run the enterprise’ core applications without much hindrance are of utmost importance.

As its foundational component data centers need power distribution units, electrical switches, ventilation, uninterruptible power supplies, and provisions for network connectivity. At the same time, IT sector plays a pivotal role by maintaining and monitoring software to provide seamless data support.

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Competitive Landscape:
The global data center market is getting primarily driven by DuPont Fabros Technology(U.S), IBM Corporation (U.S), Hitachi Ltd (Japan), Digital Realty Trust, Inc. (U.S), Hewlett-Packard Inc. (U.S), Cisco System, Inc. (U.S), EMC Corporation(U.S), Global Switch (U.K), CyrusOne (U.S), and Telehouse (U.K).

Recent trend of edge computing is taking the Data Center Market by storm as its ability to safeguard data centers from any possible hacking threat can be considered a boon for the data center market.

This can be operated in a cluster by maintaining a distance from the core owing to which sensitive data can be protected in a better way. In March 2019, Indiana state in the U.S. passed a bill relaxing various aspects that were previously restricting the growth of data centers in the region. The market would also receive property, sales and use tax exemptions.

MRFR extensively analyzed the global data center market and for a thorough understanding of it in the coming years, they have segmented the market by type, density, and vertical. This would help in getting a hold of the market in the coming years.

Based on the type, the global data center market can be segmented into type, density, and vertical. The type segment can be segmented into corporate data centers and web hosting data centers. The corporate data center segment is leading the market as the demand for data storage management by large enterprises is surging.

On the basis of the density, the data center market can be segmented into low, medium, high, and extreme. Based on the vertical, the data center market can be segmented into banking & financial services, telecom & IT, government, healthcare, and others.

The banking & financial services segment is bound to score high with the segment as the integration of data processing units in this segment is quite remarkable.

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Regional Analysis:
MRFR in their recent analysis of the data center market made a detailed analysis of regions, namely, Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW). This detailed study aims at providing a reliable market overview to provide investors with an edge for the upcoming years. Infrastructural supremacy, tendency to adopt latest technologies and easy inclusion of them, high investment capacity, and well-structured
associated industries are features that have helped the North American market gain prominence and fetch the maximum amount of market share.

Europe is bound to receive substantial market growth owing to their similar market features. Several segments and new companies are showing keen interest in taking benefits of data centers.

North America would retain its largest share of the market during the forecast period. But it will receive tough competition from the APAC market which would showcase the fastest CAGR over the review period. In North America, more reliance on the cloud service is bound to help the trigger further growth during the forecast period.

Intended Audience:
• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Government Bodies
• Retailers

Table of Contents:
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Heterogeneous Network
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation

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List of Tables:
Table 1 Data Center Market, By Component
Table 2 Data Center Market, By Technology
Table 3 Data Center Market, By Application

List of Figures:
Figure 1 Research Component
Figure 2 Data Center Market, By Component (%)
Figure 3 Data Center Market, By Technology (%)

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At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Organization: Market Research Future
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Release ID: 503342