Mega Data Center Market to Cross 24.25 Billion $ globally by 2023 | Top Key Vendors – Cisco, Dell, Fujitsu, HP, IBM, Intel, Juniper Networks, Verizon

Marketprognosis.com Publish a New Market Research Report On “Global Mega Data Center Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Mega Data Center Market:

The Global Mega Data Center Market was worth USD 18.82 Billion in 2017 and is projected to grow to USD 24.25 Billion by 2023 at a CAGR of 4.32% during the period 2018 - 2023.

The report discusses the various types of solutions provided by mega data centers. While the regions considered in the scope of the report include North America, Europe, and various others. The study also emphasizes on how growing demand for colocation services is affecting the market.

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Rising Demand for Data Center Colocation to Drive the Market; Colocation acts as an attractive solution as it allows organizations to solve a problem without substantial upfront costs, which is one of the reasons expected to drive the growth of this market. Data center colocation is expected to see significant growth over the forecast period owing to the benefits provided by these data center over conventional ones. Colocation center has been identified to provide more significant scalability, which acts as a perfect solution for small companies that are looking to expand, as well as firms that are aiming to increase their market share.

Rising Demand from BFSI Sector to Augment the Growth; Banking and finance sector is one of the largest generators of data, and the need for a data center to regulate the cost of operations is a primary driver. Finance and banking structures use data centers to store the customer records, employee management, transactions, electronic banking services, such as remote banking, telebanking, self-inquiry, which need data centers for their functioning. Data centers are believed to be an infrastructure that is the future of finance.

Growing Demand from Asia-Pacific to Drive the Market; The growing demand for high-density, redundant facilities throughout China is precipitating a shift in the design and development of the country’s data centers. China has 50 internet users per 100 population indicating scope for lot of development and the connectivity ecosystem is made up of 73 colocation data centers, 52 cloud service providers and 0 network fabrics. However, power, space and IP transit all cost more in China emphasizing the difficulties in maintaining a data center. Similarly, in India, 9.5% of the GDP is contributed by the digital economy; the digital economy includes USD 25,518 million fixed line telephone subscriptions and 1011.054 million mobile telephone subscriptions, indicating a lot of scope for development of data centers.

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Major Key Players:

1 Cisco Systems Inc

2 Dell

3 Fujitsu

4 Hewlett-Packard

5 IBM Corporation

6 Intel Corporation

7 Juniper Networks, Inc.

8 Verizon and More…………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Mega Data Center Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Mega Data Center Market Overview

4 Mega Data Center Market Dynamics

5 Mega Data Center Market Segmentation

6 Vendor Market Share

7 Company Profiles

8 Investment Analysis

9 Future of the Market

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