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Data Center Equipment Market Growth Statistics to Make Multi-Billion Dollar Market during 2020 - 2024 | Top Key Players Profile Analysis- Cisco, Alcatel Lucent, Meru Networks
Data Center Equipment Market
Global Data Center Equipment Market overview:
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Server farms are virtual or physical foundation utilized by various business ventures to suit their server, processing and systems administration segments and frameworks. It is a concentrated archive used to store and oversee crucial information of a few business activities. The requirement for bigger information stockpiling limits, better productivity and high information security is driving the server farm gear showcase around the world.
The Global Data Center Equipment Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Data Center Equipment Market is sub segmented into Servers, Power Distribution Systems , Servers, Storage Devices. Based on End Use Industry segment, the Data Center Equipment Market is sub segmented into Large scale enterprise, Medium scale enterprise, Small scale enterprise.
The Asia-Pacific region is projected to register a highest growth in the market between 2020 and 2024. The growing end-user industry is the key driver of the market in the region. Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America acquired the top position in the global market. Experts believe that this regional market is here to stay. The continued advancements in various technological systems, increasing reliability on critical programs for businesses, server visualization, e-discovery, and constantly rising data generation will support the North America data center equipment market to a great extent.
Some of the Data Center Equipment Market manufacturers involved in the market are Hewlett-Packard, F5 Networks, Inc, Emulex Corporation, Digi International Inc, NEC Corporation, Brocade Communication Systems Inc, Alcatel Lucent, Schneider Electric SA, Meru Networks, Inc, Cisco Systems, Inc, Acquisitions and effective mergers are some of the strategies adopted by the Data Center Equipment Market manufacturers. New product launches and continuous technological innovations are the Data Center Equipment Market strategies adopted by the major players.
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Latest Industry Updates:
Cisco:- Oxbotica, a global leader in autonomous vehicle software, and Cisco have partnered to demonstrate how OpenRoaming can unlock the potential of fully-connected autonomous vehicle fleets, enabling the seamless and secure sharing of high-volume data while on the move.
Autonomous vehicles (AVs) make 150 independent vehicle detections every second and generate up to 80GB of data per driven-hour from sensors such as LiDAR, cameras and RADAR as well as Advanced Driver Assistance Systems (ADAS) logs. This constant activity means amassing 1.2TB of data in a 16-hour day - the equivalent of over 500 HD movies or over 200,000 songs - much of which is gathered when the vehicle returns to base.
By 2024, over 70 million new connected vehicles will enter the market every year, with each required to upload and download 8.3GB of data per day, including streamed infotainment, HD navigation, vehicle telemetry and ADAS settings - as well as safety critical information like severe weather updates or passenger ill health. By comparison, the average smartphone will contribute just a fifth of this daily volume
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Table of Contents:
1 Data Center Equipment Definition
2 Global Data Center Equipment Market Major Player Share and Market Overview
3 Major Player Data Center Equipment Business Introduction
4 Global Data Center Equipment Market Segmentation (Region Level)
5 Global Data Center Equipment Market Segmentation (Product Type Level)
6 Global Data Center Equipment Market Segmentation (Industry Level)
7 Global Data Center Equipment Market Segmentation (Channel Level)
8 Data Center Equipment Market Forecast 2020-2024
9 Data Center Equipment Segmentation Type
10 Data Center Equipment Segmentation Industry
11 Data Center Equipment Cost Analysis
12 Conclusion
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