Demand For New Data Centers Is Likely To Surge At A CAGR Of 14.3% During 2022-2032
Global Data Center market study sheds light on the important growth dynamics expected to prevail across the assessment period. (Insert forecast period). The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.
The market report tracks the global sales of Data Center in 20+ high growth markets, along with analysing the impact of COVID-19 has had on information & communication technology (ICT) industry and Data Center sector in particular.
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How will Sales of Data Center will foster in 2021 and beyond?
In its latest report, Fact.MR offers an exhaustive overview of the global Data Center market with focus on key dynamics, including drivers, restraints, opportunities, trends and detailed information about the global Data Center market structure.
Data Center market sales across the world will rise with the increasing adoption of wireless technology and penetration of digital media. With the outbreak of COVID-19, companies have become heavily reliant on digital platforms for the survival.
In the post-digital world, digital realities and advanced technologies such as artificial intelligence and internet of thinking & related products/services will be in trend. Technological adoption rate is increasing exponentially, which will bolster the industry growth.
ICT companies. are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
China's ICT industry will register high growth opportunities, especially as tech companies focus on digital transformation in the field of robotic process automation, data theft security, cloud & edge computing and cybersecurity.
Market players across China are shifting their focus on customer needs by taking a more nuanced approach through new service offering and by adopting various strategies such as product development and innovation.
The ICT sector across the U.K., France, and Germany will register robust growth during the forecast period owing to the increasing research & development activities for the development of novel technologies. Rising adoption of artificial intelligence and big data science among the ICT service providers will boost the growth.
Advent of 5G wireless technology across India will aid the growth of ICT sector combined with the adoption of edge computing within various end-use sectors such as healthcare, automotive and food & beverage industry. Emergence of e-commerce platforms within the manufacturing companies of diverse end-use sectors will improve the demand over the coming years.
Rise in adoption of autonomous vehicles across South Korea and Japan is improving the adoption of computing technologies for higher connectivity in the automobiles. This trend will strengthen the growth of ICT industry.
Key Segments Covered
By Type :
New Data Centers
Internal Data Centers
Service Provider Data Centers
Data Center Rebuild
By Application :
Data Centers for IT & Telecom
Data Centers for BFSI
Data Centers for Governments
Data Centers for Healthcare
By Consulting :
Network Design & Planning
By Integration :
Test & Debug
Custom Software Development
Training & Site Preparation
Major companies have strong customer networks across the globe. Market frontrunners are tech giants with deep pockets, which aids them to invest heavily in development. Additionally, these players offer diversified services that are tailored as per individual customers.
Growth strategies adopted by market participants are agreements & contracts, collaborations, and new product developments to withstand their market position.
In 2019, Qualcomm Technologies, Inc. launched an AI-based chip family named as Cloud AI 100. The ASIC family comes in a variety of thermal design and form factor points to make a different use case. This newly launched chip is heightened with refined features of AI to provide better performance for devices.
Key Regions Analysed
Middle East & Africa
Key Country-wise Inclusions
US Data Center Market
Canada Data Center Sales
Germany Data Center Production
UK Data Center Industry
France Data Center Market
Spain Data Center Supply-Demand
Italy Data Center Outlook
Russia & CIS Market Analysis
China Data Center Market Intelligence
India Data Center Demand Assessment
Japan Data Center Supply Assessment
ASEAN Data Center Market Scenario
Brazil Data Center Sales Analysis
Mexico Data Center Sales Intelligence
GCC Data Center Market Assessment
South Africa Data Center Market Outlook
For More Insights-https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html
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