Press release
Data Center Market 2019 Global Key Leaders: IBM Corporation, Digital Realty Trust, Hitachi Ltd, EMC Corporation, DuPont Fabros Technology
Market Overview:Rapid industrialization and globalization are leading to significant increase in the amount of data that is being handled on a daily basis in various organizations across multiple industrial sectors including healthcare, government, IT and telecommunication, BFSI and others. Data centers provide cloud-based data storage, access and management solutions to the small to large-scale enterprises in the global market.
Market Research Future (MRFR) has published a report asserting that the global data center market is marked to expand remarkably at a CAGR of 11% during teh forecast period of 2017-2023.
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Major Key Players:
The prominent players profiled by MRFR that are operating in the global data center market are Digital Realty Trust Inc. (the U.S), IBM Corporation (the U.S), Hitachi Ltd (Japan), Cisco System, Inc. (the U.S), Hewlett-Packard Inc. (the U.S), EMC Corporation (the U.S), CyrusOne (the U.S), Global Switch (the U.K), DuPont Fabros Technology (the U.S) and Telehouse (the U.K).
Market Drivers and Restraints:
Rise in number of medium to large scale enterprises has increased the demand for effective data storage and management facilities that provide total security to the Data Center Market, which in turn is propelling the growth of the global data center market. Proliferation in the players that are providing these services in the developed and developing regions are also fuelling the growth of the global data center market.
Increased reliance on cloud-based solutions for data storage and management is another factor that is driving the expansion of the global data center market. However, concerns regarding data security are likely to act as restraining factor on the growth of the global data center market.
Segmental Analysis:
The global data center market is segmented on the basis of density, type and vertical. Based on type, the global data center market has been segmented into corporate data centers and web hosting data centers.
The corporate data center segment commands for the major share in the global data center market owing to the high demand for data storage management by the medium to large enterprises. Based on density, the global data center market has been segmented into low, medium, high and extreme. Based on vertical, the data center market has been segmented into banking and financial services, telecom and IT, government, healthcare and others.
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Regional Analysis:
Geographically, the global data center market has been segmented into four major regions such as North America, Asia Pacific, Europe, and the rest of the world. The North America region is projected to dominate the global data center market owing to the rapid technological advancement, high demand for data centers in order to manage the large amount of data from the medium to large organizations and increased reliance on cloud-based storage and data management solutions in various industries in this region.
The data center market in the Europe region is expanding at a significant growth rate owing to the increasing data traffic and increased investment in technologically advanced solutions by the organizations in this region. The Asia Pacific region is forcasted to expand at a noteworthy growth rate in the global data center market owing to the increasing number of players that are providing this service, rise in dependency on cloud-based solutions and increased adoption of this solution in various industrial sectors in this region.
Industry Updates:
• In December 2018, it has been announced that Airtel (Bharti Airtel Limited), an Indian global telecommunications services company, will be building ten data centers across India and is anticipated to be the country's largest data center operator.
• In November 2018, Google has announced that it will build its next European data center in Denmark. The valuation of the project is estimated to be €600 Mn.
Table of Contents:
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Heterogeneous Network
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued….
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List of Tables:
Table 1 Data Center Market, By Component
Table 2 Data Center Market, By Technology
Table 3 Data Center Market, By Application
Continued….
List of Figures:
Figure 1 Research Component
Figure 2 Data Center Market, By Component (%)
Figure 3 Data Center Market, By Technology (%)
Continued….
About Market Research Future:
At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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