Global Data Center Deployment Spending Market Revenue Surge to USD 240.61 Billion By 2025

Facts and Factors Market Research has published a new report titled “Data Center Deployment Spending Market By Build Type (New Data Center and Rebuild Data Center), By Data Center (Localized, Mega, Mid-Tier, and High-End), By Service (Consulting Service and Integration Service), By Application (BFSI, IT & Telecom, Government, and Healthcare), and By End-Buyer (Service Provider and Enterprise): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025”. According to the report, the global Data Center Deployment Spending market is predicted to be valued at approximately USD 168.54 billion in 2018 and is expected to reach a value of around USD 240.61 billion by 2025, at a CAGR of around 5.22% between 2019 and 2025.

A data center is a building or dedicated space in the building or collection of buildings that are utilized to store computer systems and related parts including telecommunications and storage systems.

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Growing penetration of IoT in industries will steer the market growth over the forecast timeline

Large-scale penetration of IoT in myriad sectors is expected to accelerate the growth of the industry during the forecast timeline. In addition to this high acceptance of data centers by small-scale firms is likely to favorably leverage the growth of the data center deployment spending industry over the forecast timeline. Nonetheless, lack of awareness as well as knowhow about the data centers & less knowledge about technical breakthroughs will impede the expansion of data center deployment spending industry over the forecast timeline. However, massive usage of internet & other affiliated solutions like cloud tools & IoT in emerging economies will offer new growth avenues for the market over the forecast timeline.

Moreover, growing popularity of connected things and big data analytics along with the introduction of smart infrastructure initiatives by various governments will spur the growth of the market during the forecast timeline.

New data center to lead the build type segment over the forecast period

The growth of the segment during the period from 2019 to 2025 is due to rise in the internet usage and breakthroughs in the IoT along with the large-scale demand for new data centers.

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BFSI segment to dominate the applications landscape by 2025

The growth of the segment over the forecast timeline is owing to the massive demand for data centers in the BFSI segment.

North America to contribute majorly towards the overall market revenue share over the forecast timeline

The market in North American region is projected to witness massive growth over the forecast period owing to massive investments in big data and IoT sectors. Moreover, humungous presence of the huge number of data centers in myriad sectors across the developed economies like Canada and the U.S. will further drive the regional market demand over the forecast timeline.

Furthermore, many of the firms in North American region are likely to collaborate with AI-designed processors for automating more tasks resulting in the creation of new data centers during the period from 2019 to 2025. Apart from this, a strong set up for small as well as medium-sized firms and huge presence of research institutions and the presence of reputed vendors in North America will spur the regional market surge over the forecast timeline.

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Some of the key participants in the business include Vantage Data Centers, LLC, NTT Communications Corporations, Microsoft Corporation, Interxion, IBM Corporation, Hewlett Packard Enterprise, Atlassian, AT&T Inc., Apple Inc., Cisco Systems, Inc., Google, Equinix Inc., and Digital Realty.

This report segments the Data Center Deployment Spending market as follows:

Data Center Deployment Spending Market: By Build Type Analysis

New Data Center
Rebuild Data Center

Data Center Deployment Spending Market: By Data Center Analysis

Localized
Mega
Mid-Tier
High-End

Data Center Deployment Spending Market: By Service Analysis

Consulting Service
Integration Service

Data Center Deployment Spending Market: By Application Analysis

BFSI
IT & Telecom
Government
Healthcare

Data Center Deployment Spending Market: By End-Buyer Analysis

Service Provider
Enterprise

Data Center Deployment Spending: By Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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