Press release
Germany Data Center Market 2021 - 2026: Atos, Arista Networks, Broadcom Inc., Cisco Systems, Dell Technologies
Market Insights Reports delivers key insights on the Germany Data Center market in its latest report titled, “Germany Data Center Market - Growth, Trends, COVID-19 Impact, And Forecasts (2021 - 2026)” provides an in-depth analysis of key players strategies, market growth, product demand, growth factors, technological innovations, regional outlook and global dynamics which includes drivers, challenges, and opportunities dominant in the industry. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The German data center market was valued at USD 5.63 billion in 2020, and it is expected to reach USD 7.33 billion by 2026, registering a CAGR of 4.69% during the forecast period (2021-2026).
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Top Key Players in the Global Germany Data Center Market: Atos, Arista Networks, Broadcom Inc., Cisco Systems, Dell Technologies, Hewlett Packard Enterprise, Huawei, IBM Corporation, NetApp, Arup Group, Callaghan Engineering, Etix Everywhere, Lupp Group, ABB, Eaton Corporation
- In February 2020, Huawei launched the Intelligent Data Center Service Solution at the Industrial Digital Transformation Conference 2020. This service can help customers design, build, and operate the world's high-reliability (Tier-4), green, and intelligent data centers. With the aid of Artificial Intelligence, Power Usage Effectiveness (PUE) can be reduced by 8%-15%.
Key Market Trends
Increase in Colocation and Hyperscale Investments To Drive the Growth
- The primary factor driving the growth of data centers in Germany is the increased investment by colocation service providers in the European colocation market. The increasing cloud service providers and the information technology industry is boosting the data center market in Germany.
- An increase in data generation every year is forcing many companies to double their on-premise storage from time to time. More companies are opting for the data center as it addresses their storage issues without substantial upfront costs.
- Companies have big-budget, and those who need more space for storing data are going for wholesale data center colocation. For instance, Vantage acquired Etix to expedite wholesale data center capacity delivery for hyper-scale and enterprise customers looking to expand in Frankfurt. The company is planning to invest USD 2 billion across five markets in Europe, including a "crown jewel" 55MW greenfield campus under construction in Offenbach, Germany, just outside of Frankfurt.
- The rising number of smart hospitals in Germany owing to rising investments in digital healthcare infrastructure in the country, increasing investments in communication and technology is also boosting the market growth of data center colocation in Germany.
Browse Complete Report details with Table of Content:
https://www.marketinsightsreports.com/reports/02082593186/germany-data-center-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?mode=69
Growing IT Infrastructure to Fuel the Market Growth
- Germany is the fifth-largest digital economy in the world. Over 80% of enterprises in the manufacturing sector in Germany plan to digitize their value chain by 2024. Increased digital economy initiatives along with factors such as high industrial tech spend and growth in smart cities initiatives, are leading to increased edge data center deployment
- Public cloud services dominate the data centers market in Germany. Government agencies are grown by private cloud services as they plan to make greater use of cloud services in public administration during the forecast period. However, hybrid cloud services have more substantial growth potential than private and public cloud services.
- The increased adoption of Big data and IoT technology across various industries in Germany led to high data generation across the region. Such trends are creating a need for efficient IT infrastructure to manage the enormous amounts of data and thus provides growth opportunities for the data center market in Germany. Berlin, Hamburg, and Munich are the leading three smart cities in Germany using IoT for business and commercial purposes.
- Over 80% of enterprises in the manufacturing sector in Germany plan to digitize their value chain by 2024. Increased emphasis on digitization from connectivity to data and service architectures is also leading to increased growth of data centers in Germany. However, the high cost associated with data centers acts as a hindrance to the growth of the market.
This Germany Data Center Market report addresses:
- The Market size from 2016-2021
- Expected market growth until 2026
- Forecast of how market drivers, restraints, and future opportunities will affect
- Segment and regions that will drive or lead the market growth and why
- Comprehensive mapping of the competitive landscape
- In-depth analysis of key sustainability strategies adopted by market place
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
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Customization of this Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Please contact our sales professional (sales@marketinsightsreports.com), we will ensure you obtain the report which works for your needs.
Post Covid-19 Analysis:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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