Data Center Services Market 2021 Competitive Insights and Outlook- Fujitsu Ltd, Reliance Group, Capgemini SE, HCL Technologies Limited, Nokia Corporation, Sify Technologies Limited, IBM Corporation

The Data Center Services Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Data Center Services Market was valued at USD 48.90 billion in 2019 and is expected to reach USD 105.6 billion by 2025, at a CAGR of 13.69% over the forecast period 2020- 2025. 

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Competitive Landscape:

Top Companies: Fujitsu Ltd, Reliance Group, Capgemini SE, HCL Technologies Limited, Nokia Corporation, Sify Technologies Limited, IBM Corporation, Cisco Systems Inc, Hewlett Packard Enterprise Company, Hitachi Ltd, Equinix Inc., Huawei Technologies Co. Ltd, Schneider Electric SE, Vertiv Co., NTT Communications, Larsen & Toubro Infotech, Telef—nica SA, Nlyte Software, Lenovo Group Ltd

Scope of the Report

Data center service is an environment that provides processing, networking, and storage of data. With the move to treat data as an asset, the data services market is expected to see healthy growth. Industry automation and digital businesses are expanding and these businesses may need a huge amount of data for their business. North America being the most advanced region, data center services are in demand. However, at the same time, Asia-Pacific is also growing because of the presence of India and China. These two countries are dominating the economy by a growing population.

Industry News and Updates:

- April 2019 - Qualcomm launched data center AI inference chip family, 'Cloud AI 100'. The ASIC family of products may come in a variety of form factors and thermal design points for different use cases. This chip is enhanced with sophisticated features of AI to provide good performance for the devices.

Key Market Trends:

Asia-Pacific is Expected to Witness the Highest Growth Rate
- India is one of the fastest-growing economies in the world, and it is likely to boost the growth of public cloud-based data centers. The IT industry dominates the Indian market, as the largest private sector employer in the country, where data centers are widely used, thereby, propelling the market growth.
- The Government of India has extended tax holidays to the IT sector for software technology parks of India (STPI) and Special Economic Zones (SEZs). Furthermore, India is providing procedural ease and single window clearance for setting up facilities. The government of India is setting up a USD 745.82 million fund for realizing the potential sectors.
- Moreover, China has also witnessed a rise in its hyper-scale platforms, owing to which providing data center services for Chinese hyper-scale platforms has become necessary

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What are the market influences that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Data Center Services Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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