Press release
Data Center Infrastructure Market 2022: In-depth Research with Emerging Growth Trends, Regional Status of Top Key Players, Driving Factors, Business Strategies and Industry Size Forecast to 2027
Data Center Infrastructure Market 2022-2027
New study report" Data Center Infrastructure Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2027″ has been added to Fortune Business Insights.
Market Overview:
The global data center infrastructure market size was USD 94.56 billion in 2020 and is projected to reach USD 142.31 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period.
These systems are enabling companies to effectively utilize cloud computing technologies and ensure the productivity of employees working from remote locations. For example, employees of Cyxtera Technologies, a colocation provider based in Florida, have been accessing company systems through secure solutions provided by Appgate. In India, the data center division of The Hiranandani Group, Yotta Infrastructure, has been heavily investing to automate processes and when lockdown was announced in the country, it was strongly positioned to harness data center infrastructures to continue everyday office tasks. Thus, data centers, along with cloud-based solutions, are playing a critical role in minimizing the disruptions caused in the business world by the COVID-19 pandemic.
Driving Factors:
Promising Emergence of Data Center Startups to Broaden Market Outlook
The steadily spreading presence of data center startup companies is turning out to be a major booster for the data center infrastructure market growth. These startups are constantly innovating and providing novel services and solutions, catering to the niche demands of end-users. For example, Colorado-based Axellio develops and offers hyper-converged infrastructure, micro-data-center services, and micro-cloud solutions through its MicroDataCenter Platform. The company has been providing its products and services to the US Air Force since its inception. Similarly, Texas-based Compass Datacenters has earned fame for its modules comprising edge data-center capabilities, colocation solutions, software-as-a-service (SaaS), and cloud computing technologies. Another example is Aeponyx, a Canada-based enterprise that engineers network-switch chips developed by combining micro-electro-mechanical systems (MEMS) with silicon photonics. In 2019, the company raised CAD 7.9 million in a funding round, which it intends to use to transform data center infrastructure management and lower energy consumption. Several more startups specializing in data centers have spawned in the past few years and their innovations have considerably augmented the potential of this market.
List of Companies Covered in the Data Center Infrastructure Market Report:
RACKWISE
UnityOneCloud
Nlyte Software Inc.
ABB Ltd
Eaton Corporation Inc.
Hewlett Packard Enterprise Development LP
Schneider Electric SE
CommScope Inc.
Sunbird Software
Huawei Technologies Co., Ltd.
Siemens AG
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Covide-19 Impact:
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Method of Research:
Fail-safe, modern research methodologies are employed for the Data Center Infrastructure market analysis. An exhaustive primary and secondary research conducted on the market using robust research techniques aid in the prediction of the market size at the end of forecast period. Top-up and bottom-down approaches were maintained in the entire market study.
Report Coverage:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into the regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
Key Industry Development:
In November 2020: Amazon Web Services (AWS) invested USD 2.8 billion to form a new AWS cloud in Telangana, India. With this investment, AWS will enable businesses and enterprises to run their servers and applications efficiently.
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Segmentation:
The regional summarization of the Data Center Infrastructure market offers competitive strategies in different regions across the globe. Moreover, the market's key players are contributing to the market growth that tends to maximize the profits through the partnership in several places. The Data Center Infrastructure market research is done broadly with the mentioned region to embrace the outlook and the latest trend with the prospects in the given period of 2022-2027.
Regional Insights:
Increasing Investments in Digitization of Business Processes to Aid the North America Market
North America is expected to dominate the data center infrastructure market share during the forecast period owing to the rising investments by small & medium enterprises (SMEs) and startup companies in digitizing their business processes. As a result, the adoption of data centers and cloud-based solutions has risen at a prolific rate across private companies in the US and Canada. In 2019, the North America market size stood at USD 35.84 billion.
In Europe, the conversion and up-gradation of old IT infrastructures into new, modern data center systems are propelling the growth of the regional market. On the other hand, the market in Asia Pacific is primarily driven by the rapid adoption of data centers by businesses, especially in India and China, where technological transformation of organizations has witnessed tremendous acceleration over the past decade.
Continue….
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