Market Research Report
Global Data Center Market 2020-2026
|Published by||Orion Market Research Pvt Ltd||Product code||949601|
Delivery time: 2-3 business days
|Global Data Center Market 2020-2026|
|Published: June 18, 2020||Content info:||
Global Data Center Market Size, Share & Trends Analysis Report, By Type (Enterprise Data Center, Managed Services Data Center, Colocation Data Center, Cloud Data Center), By Component (Network Infrastructure, Storage Infrastructure, Computing Resources), By Vertical (BFSI, IT & Telecom, Healthcare, Government and Defense, and Others) and Forecast, 2020-2026
The data center market is expected to grow at a CAGR of around 17% during the forecast period. An increase in the big data analytics, rising cloud-based services owing to its flexibility and cost-effectiveness are major factors for the growth of the market. Moreover, increasing internet penetration, e-commerce activities, and digital payments are also augmenting the need to store and secure data which is augmenting the market. Besides, cohesive government regulations are also contributing to driving market growth.
The global data center market is segmented on the basis of type, component, and vertical. By type, the market is further divided into enterprise data centers, managed services data center, colocation data center, and cloud data center. The cloud data center segment is anticipated to hold the major market share with a significant growth rate during the forecast period. By component, the market is divided into the network infrastructure, storage infrastructure, and computing resources. Moreover, by vertical, the market is sub-divided into BFSI, IT & telecom, healthcare, government & defense, and others. IT and telecom segment is expected to witness a lucrative growth rate in the near future.
On the basis of geography, the market is divided into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is expected to hold the major market share owing to well-developed IT, BFSI, and healthcare infrastructure. Cohesive government regulations will drive the European market. Moreover, Asia-Pacific is expected to witness considerable growth during the forecast period owing to the increasing presence of multinational companies coupled with increasing government initiatives in the region.
The global data center market is a highly fragmented market. Some of the chief companies operating in the market include Cisco Systems, Inc., Amazon Web Services, Inc., Apple Inc., AT&T, Inc., Equinix, Inc., Google LLC, IBM Corp., Microsoft Corp., Oracle Corp., SAP SE, Verizon Communications Inc. The market players are adopting growth strategies, including mergers and acquisitions, product launches, and partnerships & collaborations, to gain a competitive advantage in the market.
The market study of the global data center market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to breakdown the market in various segments derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to amplify the added validity of our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers: