Press release
Global Data Center Market: Technological Improvements Steering Growth during 2018-2028 | Key Players are IBM Corporation, Google LLC, AT&T Inc., Microsoft Corporation, Cisco Systems Inc., etc.
Ubiquity of technologies including broadband and cloud has driven demand for higher IT capacity for enhancing existing capacity of data centers. Rise of third-platform technologies, coupled with the developments in the IoT and cloud computing, has led the requirement for enhanced level of computational data and networking sources. This has resulted in scaling up of existing infrastructure to make it more flexible and modular. Transforming current hardware-defined infrastructure to one that is software-defined has triggered expansion of the hyperscale data centers. These data centers provide superior efficiency, and will continue to record an impressive rise in the near future.
Request for Sample of this Global Data Center Market Research Report Here –https://www.factmr.com/connectus/sample?flag=RC&rep_id=920
Current and future prospects of the data center market are likely to remain significantly influenced by dynamic economic scenario across developed and developing markets, along with several macroeconomic aspects. Progressive technological advancements in the IT industry and fluctuating economy result in demand for solutions with high computational power and flexibility in the data center industry, leading to outsourcing activities as a consequence.
Internet of things (IoT) has gained traction as the backbone of advancements, thereby creating the need for managed services across commercial sectors. This has remarkably spurred demand for efficient deployment of software for effective management & storage of data. Additionally, the trend of green data center has gained increased momentum against the backdrop of the incessant requirement for energy and cost savings. Enhanced efficiency and sustainability are top agendas emphasized in the green data center development.
A recently developed Fact.MR study foresees the data center market to record a splendid 12.0% CAGR over the period of forecast, 2018 to 2028. Installation & construction services will continue to account for bulk share of the data center market, albeit growing at a slightly lower CAGR than consulting & integration services. Revenues from installation & construction data center are poised to exceed US$ 145,000 Mn by 2028-end.
Request Global Data Center Market Report with TOC Here - https://www.factmr.com/report/920/data-center-market
The report envisages North America to reign supreme in the data center market, with Europe following the suit. Albeit Asia-Pacific excluding Japan (APEJ) stands at the third lucrative position for data center market, revenue growth in the region is foreseen to register a relatively higher rate through 2028.
With rising adoption of cloud technologies for supporting the internet economy, coupled with the acceleration of digital content-driven consumption, an uptake of the third-party data centers has been observed since the recent past. The trend falls in line with the growth of the cloud-managed service sector. As clouds are soaring in prominent markets, enterprises continue to introduce new software as a service (SaaS), and platform-as-a-service (PaaS), meanwhile focusing on reducing the cost and dependence on Infrastructure as a service (IaaS). This will further impact growth prospects of the data center market.
With corporations increasingly taking efforts to make innovations with new product launches, marketing initiatives, and business models, demand for a flexible infrastructure is on the rise. Most organizations are shifting their focus from managing their own infrastructures toward leveraging a service provider data center for shared and dedicated cloud offerings. This is further expected to result in the gradual retirement and consolidation of the existing data centers.
To Buy Global Market Research Report, Go with this Link - https://www.factmr.com/checkout/522/S
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Data Center Market: Technological Improvements Steering Growth during 2018-2028 | Key Players are IBM Corporation, Google LLC, AT&T Inc., Microsoft Corporation, Cisco Systems Inc., etc. here
News-ID: 1363962 • Views: …
More Releases from Fact.MR
Automotive Actuators Market to Cross US$ 38.3 Billion at 6.6% CAGR by 2032, Stat …
According to research insights, the automotive actuators market is expected to register 6.8% CAGR during the forecast period 2018-2027. This impressive growth is highly motivated by increased traction from the air conditioning system application. Furthermore, active innovations across HVAC system targeted towards supreme efficiency is expected to steer growth in several top-listed regional markets.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭-
https://www.factmr.com/connectus/sample?flag=S&rep_id=297
𝐂𝐨𝐦𝐩𝐚𝐜𝐭 𝐏𝐚𝐬𝐬𝐞𝐧𝐠𝐞𝐫 𝐂𝐚𝐫𝐬 𝐃𝐞𝐥𝐢𝐯𝐞𝐫 𝐇𝐢𝐠𝐡𝐞𝐫 𝐒𝐚𝐥𝐞𝐬 𝐟𝐨𝐫 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐀𝐜𝐭𝐮𝐚𝐭𝐨𝐫𝐬
The rising demand for compact passenger cars…
Hemodynamic Monitoring System Market to Hit US$ 2,731.1 Million at a CAGR of 5.3 …
The hemodynamic monitoring systems market is expected to grow at a compound annual growth rate of 5.3% and reach US$2,731.1 million by 2034. In 2024, it is anticipated that the market will be worth US$ 1,634.8 million.
The key drivers of this expansion are the increasing prevalence of respiratory, cardiovascular, and chronic obstructive pulmonary illnesses (COPD), as well as the development of novel minimally invasive and non-invasive technologies. Hemodynamic monitoring instruments…
Biobanking Market Growing at 6.6% CAGR to Touch US$ US$ 89.5 Billion Valuation b …
The global biobanking market (バイオバンキング市場) is projected to grow at a strong compound annual growth rate of 6.6% by 2023 to 2033, reaching a sales valuation of US$ 89.5 billion. Globally, China, the UK, and the US are the key markets that biobanking enterprises need to be aware of.
By storing and preserving biological samples like blood, tissues, and nucleic acids, biobanking plays a crucial part in improving biomedical and translational…
Allergy Care Market Predicted to Reach US$ 40 Billion by 2032, Growing at 6.1% C …
With a compound annual growth rate (CAGR) of 6.1%, the global allergy care market is expected to reach a value of over USD 40 billion by 2032, from an estimated USD 22 billion in 2022. In 2022, the global market for allergy care will make up less than 1% of the entire healthcare business.
It is projected that the market for allergy treatments would expand quickly throughout the forecast period. According…
More Releases for Data
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Global Data Analytics Outsourcing Market |data analytics outsourcing, big data o …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Global Data Analytics Outsourcing Market “
The report on data analytics outsourcing market provides analysis for the period 2016 – 2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers major trends and technologies playing…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
Data Quality and Data Governance Solution Market - Demand For Cost-Effective Dat …
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology.
Data quality and data governance…
