Press release
Australia Data Center Market Growing Massively by 2021-2026 Major Players: Fujitsu Ltd, Cisco Systems, Dell Technologies, Hewlett Packard Enterprise, IBM Corporation
Market Insights Reports has added new statistical data to its repository titled as, Global Australia Data Center Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Australia Data Center market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.The Australian data center market is estimated to register a CAGR of about 4.5% during the forecast period (2021 to 2026).
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https://www.marketinsightsreports.com/reports/05202906887/australia-data-center-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=A28
Top Key Players in the Global Australia Data Center Market are Fujitsu Ltd, Cisco Systems, Dell Technologies, Hewlett Packard Enterprise, IBM Corporation, ABB Ltd, Eaton Corporation, Digital Realty Trust, Inc., AirTrunk Pte. Ltd., Cyxtera Technologies, Asia Pacific Data Center (APDC), Global Switch Limited, Equinix Australia Pty Ltd., Rackspace Technology, and others.
Industry News and Update:
- March 2020 - Digital Realty expanded access to IBM Cloud in Australia through the availability of IBM Cloud Direct Link Dedicating Hosting services in Sydney. The IBM Cloud data center is collocated on the Digital Realty campus in Sydney, and its customers will now have access to a variety of connectivity options across Digital Realty’s global data center footprint.
- February 2020 - Equinix Inc. announced the opening of its fourth International Business Exchange data center in Melbourne, Australia, known as ME2, where the new facility supports the increasing demand for digital transformation globally, as well as Melbourne’s smart city development and the interconnection needs of local customers, including The Salvation Army.
Key Market Trends:
IT Infrastructure to Witnesses a Significant Growth
- In the past 5-7 years, the cloud technologies had witnessed significant growth in Australia owing to the increasing investment by vendors, such as Amazon, Oracle, Microsoft, and Google. Cloud vendors are among the fastest-growing segments of most Australian data center providers.?
- In the last year, about 40-50% of the organization’s IT budget was spent on migration to cloud-based services. The growing adoption among government and corporate organizations has significantly driven the demand for colocation services, especially for wholesale data center providers. Many vendors are also expecting that over 80-90% of SMEs in the country may adopt cloud, and about 70-80% of medium-sized and large data centers may outsource their data center operations by 2023. In 2019, the overall cloud service market witnessed a 15-20% growth compared to 2018.
- In the country, large service providers are increasingly managing extensive public and hybrid cloud environments and hyperscale services. And due to the recent COVID-19 outbreak, cloud computing in the country has further expanded. Software as a Service (SaaS) is the leading segment. The country also ranked fifth in the world that offers foolproof policies and regulations for cloud adoption, thereby increasing data center investment opportunities in the country.
- Massive amount data center capacity has been added over the last two years. This resulted in lower-than-average occupancy rates in the short-term and is placing downward pressure on pricing. The country’s data center floor space is also witnessing a growth of 10-14% every year, and the market is expected to keep rising over the forecast period. Edge computing is emerging as a significant trend, and the recent work from home model has further accelerated this trend. Edge nodes are now being deployed across several markets, which were previously deemed to be too small.
Full Browse the report description and TOC:
https://www.marketinsightsreports.com/reports/05202906887/australia-data-center-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=A28
This Global Australia 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.
Frequently Asked Questions about Global Australia Data Center market:
– What are the recent developments and government policies?
– Why might we forecast a downturn in a particular economy next year?
– Why do we say the currency is set to appreciate?
– What countries and sectors offer the highest potential?
– Where are the greatest dangers?
We Also Offer Customization on report based on specific client Requirement:
– Free Country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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