Press release
Data Center Market is Forecast to Grow at the CAGR of 8.2% in the Forecast Period (2022-2028) | Alphabet Inc., Digital Realty, Oracle
The Global Data Center Market Size Was Valued At USD 4.54 Billion In 2021 And Is Projected To Reach USD 7.88 Billion By 2028, Growing At A CAGR Of 8.2% From 2022 To 2028.
The market for data centers includes all hardware-related costs associated with establishing and sustaining an IT infrastructure. It encompasses the three areas of servers, storage, and network hardware such switches and routers. Nowadays, most businesses have their own IT infrastructure. However, there are also external suppliers who rent out space in data centers to make their IT infrastructure entirely or partially accessible. Dell, Hewlett Packard (HP), Huawei, and Ericsson are active players in the data center market. One of the main reasons influencing the demand for data center systems and technology and, consequently, the market growth, is the emergence of cloud computing in data centers.
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Market Dynamics:
Driver:
Increase investment in the planning and development of new data centers and expand the capacity of existing facilities at scale. The increase in the number of tiers will have a positive impact on the data center market. Increasing demand for public cloud services and increasing service-based services, building infrastructure for 5G and IoT technologies, and using advanced technologies such as AL, ML and big data. These factors are expected to drive the growth of the market. Increasing multi-cloud adoption and upgrading the network to support 5G will support the growth of the data center market. The growing importance of e-commerce databases is a major factor leading to the growth of the global data center market. E-commerce players use data centers to store and transfer these data sets for various organizational activities like branding, promotions, etc.
Opportunities:
During the forecast period, it is expected that the rising adoption of Internet of Things and hybrid and multicloud architectural solutions would offer attractive opportunities for the expansion of the data center market.
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Market segmentation
The Data Center market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
Data Center Market Segment by Types
• Colocation
• Hyperscale
• Edge
• Others
Data Center Market Segment by Component
• Solution
• Services
Data Center Market Segment by Enterprise Size
• Large Enterprises
• Small & Medium Enterprises
Regional Analysis for COVID-19 Outbreak-Global Data Center Market
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Key Players for the Data Center Market
• Alphabet Inc.
• Amazon.com Inc.
• Digital Realty
• Equinix Inc.
• Hewlett Packard Enterprise
• IBM Corporation
• Microsoft
• NTT Communication Corporation
• Oracle
• SAP SE And Other Major Key Players.
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Key Industry Developments In The Data Center Market
July 2021, The British government unveiled plans to increase competition in the digital industry. The idea supports both consumer protection and the nation's technical sector.
Table Of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Component
3.3 By Enterprise Size
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Data Center Market by Type
5.1 Data Center Market Overview Snapshot and Growth Engine
5.2 Data Center Market Overview
5.3 Colocation
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Colocation: Geographic Segmentation
5.4 Hyperscale
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Hyperscale: Geographic Segmentation
5.5 Edge
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Edge: Geographic Segmentation
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Geographic Segmentation
Continue.
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