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Data Center Infrastructure Market Booming Growth & Trends Worldwide - Amazon, AT&T, Banco Santander, Equinix, Facebook, Google, IBM, Level 3 Communications, Microsoft, Oracle, Telefónica, Verizon, and Dell
Data Center Infrastructure Market
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Major players operating in the data center infrastructure market include Amazon, Ascenty, AT&T, Banco Santander, Equinix, Facebook, Google, IBM, Interxion, Level 3 Communications, Microsoft, NTT Communications, Oracle, Telefónica, Unisys, Verizon, Vertiv, Submer Immersion Cooling, Schneider Electric, Rittal GmbH & Co. KG, Panduit, Eaton, Dell, Degree Controls, Inc. DegreeC, ClimateWorx International Inc., Black Box, Asetek, Anexia and Airedale International Air Conditioning Ltd.
Application of Data Center Infrastructure: -
• BFSI
• Colocation
• Energy
• Government
• Healthcare
• Manufacturing
• IT & Telecom
Increasing number of facilities across the globe coupled with the rising demand for data storage, management, and backup is expected to fuel the demand for networking equipment in the data center infrastructure market. Networking equipment includes Ethernet switches, WAN, SD-WAN, and application delivery controllers. Growing complexity in the management of enormous data volume generated by enterprises is compelling the adoption of new infrastructure allowing security, visibility, and automation of data. Networking equipment forms a crucial part of the infrastructure. The equipment enables a strong connection between data center nodes and the equipment to ensure that they can transfer and communicate data.
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Colocation data center infrastructure market is gaining popularity among organizations to reduce the expenses associated with maintaining and building facilities. Colocation facilities accounted for over USD 10 billion in 2017, provide end users server security, storage, cooling, power, and networking equipment. Constructing a new facility drains the company’s money, time, and labor owing to which the colocation market is witnessing a growing demand. Colocation vendors are providing improved maintenance and services to businesses to maximize their productivity, which is enabling enterprises to focus on their core business with efficient data management.
Rising investments by various business and companies across the Nordic region coupled with growing number of the facilities are anticipated to drive the Europe data center infrastructure market to reach over USD 30 billion by 2024. Current technological developments such as Industry 4.0, big data, and cloud computing are the major drivers of the Germany market. Increasing number of manufacturers is stressing on replacing human labor by automation. The incorporation of IoT and rise in the number of connected devices are contributing to the exponential rise in the data. Germany being a highly developed industrial sector, the country possesses a modern infrastructure and manufacturing & industrial sectors. Several manufacturing companies are stressing the need for enhanced facilities for their businesses, thereby driving the data center infrastructure market growth.
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Established players including Oracle, Google, and Facebook are continuously working on the deployment of advanced technologies and the need to have an integrated infrastructure.A classic example of these initiatives is of Google’s DeepMind AI software, which is claimed to sizably cut on data center energy bills. Reportedly, the hyperscaler reduced electricity costs for cooling by nearly 40%, in turn reducing the overall PUE by 15%. With such innovative strategies in pipeline, the data center infrastructure market is certain to witness a slew of opportunities on the global scale. The overall market share is forecast to exceed USD 90 billion by 2024.
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