Data Center Services Market, Segmentation Growth Demographic Research,, Future Trends, Gross Margin, Demands, Emerging Technology by Regional Forecast 2027
Market
Synopsis
As
per the analysis by Market Research Future Reports (MRFR), the global Data Center Services Market is estimated to value USD 82
Billion, with a CAGR of 13% during the review period from 2016 to 2022. The
increasing investment in data centres at a global level will encourage the
global data centre market in the forthcoming period. The datacentre provides
various benefits like reliability, scalability, redundancy, cost benefits, etc.
Besides, the increased demand for quality management in infrastructure
amalgamated with developed technological advancement is likely to drive the
data service market 2020. Moreover, the advent of cloud technology in data centres
is a significant driver that intensifies the demand for data centre systems and
technology. There has been a rise in the number of people that were connected
through cloud servers due to the higher data security and storage function.
These factors have played a major role in propelling the market at a global
level. However, market growth is likely to get hindered due to a lack of
expertise.
Key
Players
The
forefront players of the global data center market are IBM (U.S.), HPE (U.S.),
Fujitsu Ltd. (Japan), Cisco Systems, Inc. (U.S.), Huawei Technologies Co. Ltd.
(China), Dell, Inc. (U.S.), Equinix,
Inc. (U.S.), Vertiv Co(U.S.), Schneider Electric SE (France), NTT Communications(Japan),
Level 3 Communications (U.S.), and Hitachi Ltd. (Japan) among others.
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Market Segmentation
The
global data center service market can be segregated on the basis of data
service type, center type, organization, end-user, and region.
On
the basis of data center type, the global data center service market can be
classified into outsourced and captive.
Based
on end-user, the global data center service market can be classified into
defense, manufacturing, education, BFSI, IT/ITES, retail, healthcare,
government, transportation, and others.
On
the basis of the organization, the global data center service market can be
segregated into cloud providers, SMBs, and large enterprises.
Based
on service type, the global data center service market can be classified into
application services, support services, financial services, consulting
services, financial services, consulting services, training services, out
servicing services.
On
the basis of geography, the global data center service market can be segregated
into Asia-Pacific, Europe, North
America, and the Rest of the World
(RoW).
Regional Analysis
On
the basis of region, the global data center service market can be segregated
into North America, Europe,
Asia-Pacific, and Rest of the World (RoW). As per the analysis, North America
is estimated to lead the global market during the review period. Owing to the
rising adoption of associated services and technological development, the
market has propelled significantly. On the other side, the APAC region is
estimated to expand significantly during the review period. Due to the presence
of the fastest growing economies like India and China, the region is likely to
expand considerably. The European region is likely to grow significantly during
the review period due to the presence of developed nations like the UK,
Germany. The region tends to adopt the latest technologies at a quick pace,
which advances the region in terms of market expansion. The RoW is estimated to
grow at a moderate pace during the forecast period.
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Industry News
Microsoft
to invest USD 1 billion in Poland for new data center region to offer cloud
services to business and government institutions among other sectors. Microsoft
signed an agreement with the Poland based cloud provider, Chmura Krajowa, to
offer cloud service across the country and parts of Central Europe.
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