Global Data Centre Market: Overview
The global data centre market has gathered pace in its growth, owing to the convenience it provides to the enterprises or organizations. Data centers are a centralized repository which integrates physical and virtual infrastructures for storing and managing data of various organizations. Data centers help enterprises in storing a huge amount of their mission-critical data. Apart from storing data, such centers also assist in processing and retrieving of data. For running smoothly the organizational core applications, data centers need components such as networking connections, multiple back up supply unit, and cooling systems. Such Centers also require elements such as power distribution units, electrical switches, ventilation, constant power supplies, and faster network connectivity.
An upcoming report on the global data centre market by Transparency Market Research could be a valuable source of information for major stakeholders in the market. This is because of the exhaustive information, gathered after thorough primary and secondary research, contained in it. The report would be an objective guideline of growth drivers, restraints, opportunities, and pitfalls in the market. The report would also offer a brilliant study of the market as it focus on market dynamics, segmentation, competitive landscape, and geographical outreach. It is a useful guidelines for players to cement a strong position in the global data centre market.
Global Data Centre Market: Key Trends
Advanced data centers use monitoring software which helps IT administrator in remotely monitoring and overseeing the equipment. For bigger organizations, data centers are the centralized environment which contains larger IT systems, supporting huge connected applications. Rising rate of digital transformation through connected technology such as mobile devices, growing Internet of Things (IoT) which further needs a data center environment with advanced speed of scalability, deployment, security, availability, and flexibility of data, and rapid technological advancements are believed to be driving the global data centers market.
Furthermore, various industries such as healthcare, information technology, banking and financial institutions, government and retail industry, and IT and telecommunication extensively utilize data centers. Apart from all these, rising demand for mobility, operational efficiency, security, and bandwidth from various enterprises, growing cloud-based deployment, and increasing demand for automation are expected to fuel the global data centers market. Nowadays, data centers are concentrating on real-time data analytics for proving the necessary visibility to complex business decisions. Such USPs are projected to propel the global data centers market. A trend in big data analytics is also believed to boost the global data centers market.
Global Data Centre Market: Regional Outlook
Region wise, North America is expected to lead the global data centers market as the region has witnessed rapid technological advancements. Rising demand for mobile and data analytics from various enterprises, rapidly emerging technologies, and increasing adoption of cloud could also be responsible for fueling the data centers market in this region. Other prominent region in the data centers market is Asia Pacific. Rapid urbanization and industrialization is believed to boost the data centers market in this region.
Global Data Centre Market: Competitive Dynamics
Key players operating in the global data centers market include Google, Digital Realty, Hewlett Packard Enterprise, IBM Corporation, Equinix, and NTT Communications Corporations.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.