Press release
Data Center Market is Poised to Exceed US$ 145,000 Mn by 2028 End
Data Center Market
The insights and analytics on the Data Center Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
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The surge in construction activities of new data centers is underpinned by a five-year high inventory of the industry, and reflecting increased confidence of space leases by real estate developers across leading geographic markets. Revenues from new data centers are likely to surpass US$ 104,000 Mn by 2028-end. Although data center rebuilds currently account for significantly lower share of the data center market, an impressive growth rate, even though slightly lower than new data center construction, has been foreseen for data center rebuilds in the upcoming years.
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Growth of the data center rebuilds is primarily driven by the hyperscale service providers, who are changing ways an IT space is sold and built. In the meantime, the data center providers are revamping their construction strategies for delivering capacity faster in larger chunks. Ongoing shift of the enterprise IT workloads, moving out of the on-premises data center to purpose-built facilities that are operated by colocation and cloud platforms providers, is the “trend behind the trend”.
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The Report Covers Exhaustive Analysis On:
• Market Segments
• Market Dynamics
• Market Size & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
The Data Center Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period.
In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
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Some important questions that the Data Center Market report tries to answer exhaustively are:
• Key strategic moves by various players in the Data Center Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
• Which strategies will enable top players in the Data Center Market to expand their geographic footprints
• Which new business models are expected to change the course of growth of key regional markets in near future
• Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
• Which products segments have in recent years have seen new, lucrative application areas
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