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Edge Data Center Market Will Generate New Growth Opportunities In The Next Upcoming Year | Leading Players Are Edgeconnex, Rittal, Elliptical Mobile Solutions, Dell, Inc., Huawei Technologies Co., Ltd., Zellabox, Anixter, VXchnge
Edge Data Center Market
Increased deployment of edge computing and the need for having a greater control on data has enhanced the edge data center market penetration across numerous industry verticals worldwide. Establishing a data center close to the source of information allows for a faster access and real-time analysis of data, complemented with reduced network traffic and lower cost for operating and maintaining the infrastructure.
Continuous growth of the IT and telecommunications, healthcare, banking and energy segments have gradually propelled the edge data center market revenue over the last few years. These sectors generate enormous amounts of information which are used by enterprise customers and businesses to enhance consumer experience. Growing popularity of online streaming services has also benefited the edge data center market , as caching web application or content on servers nearer to the market allows for high-quality and high-bandwidth services.
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Widespread expansion activities undertaken by the company is representative of the overall edge data center market trends, driven by the unparalleled rate of development in the telecommunications sector. The growth of IoT and the increasing number of connected devices globally has created a need for communicating captured valuable data quicker. It is projected that by 2022, the number of connected devices in the world will reach 29 billion, indicating the massive amount of data that will be gathered, inadvertently strengthening the edge data center market.
it would be interesting to see how telecom, IT, technology, and software industry behemoths are actually thriving along the waves of data processing & storage to reduce network traffic, cut operating costs, analyze real-time data, and improve overall application performance. Enumerated below are few instances throwing light on various tactics adopted by the industry majors while strengthening footprints in edge data center market.
Telecom industry major Bharti Airtel recently announced that it is gearing up for a greater enterprise play through its new cloud and data center infrastructure. By providing its infrastructure to global players such as Microsoft and other app makers, Airtel is aiming to become the country’s biggest data center giant. It has been reported that as a part of its strategy, NxtraData Ltd., - the company’s wholly-owned data center unit – is likely to set up 10 new edge data center market , with four being located in Mumbai, Pune, Chennai, and Kolkata. The company is planning to bring global content to India where it can be stored in local and nearby data centers.
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Analyzing these competitive trends, it comes as no surprise that the global edge data center market players are actively investing in demand generating regions with favorable environmental conditions and availability of suitable resources, for deploying their edge data center market infrastructures.
Apart from this, several other edge data center market players including the likes of Cisco Systems, Inc., Panduit Corp, Edgeconnex, 365 Data Centers, Rittal, and Dell, Inc., are adopting the popular tried and tested growth strategies of M&As, new product innovation & product differentiation, and R&Ds. Driven by these intense competitive trends, the global edge data center market is further expected to tread along a lucrative roadmap in the years ahead.
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