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Global Mega Data Center Market To Surpass Revenues Over USD 14 Billion until 2019

02-20-2017 02:52 PM CET | IT, New Media & Software

Press release from: Mega Data Center

Albany, NY, 20th FEB : IT is now the backbone of every business, ensuring business continuity and competition, and it is prompting enterprises worldwide to invest in data centers. Technavios market research analysts predict the global data center market to surpass revenues over USD 14 billion until 2019.

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Digitalization is enabling many organizations to adopt cloud-based services for their businesses. By 2019, it is expected that 87% of SMEs will operate their businesses through the cloud by adopting the offerings from the leading cloud-based service providers in this market. Cloud computing requires higher computational power but allows for flexible, scalable, and efficient business operations. It is one of the major reasons for the construction of mega data center facilities globally.

Research scope and segmentation of the mega data center market
In this report, Technavio covers the present scenario and growth prospects of the global data center market for 2015-2019. The report considers the following criteria to be a mega data center:
Data center type Square feet area Power consumed
Mega >200,000 sq. ft. >10 mega watts
Large 50,000 - 200,000 sq. ft. 1-10 mega watts
Small

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