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Data Center and Network Third-Party Hardware Maintenance Market growth projection to 8.24% CAGR through 2030

02-09-2023 03:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Regional Research Reports

Data Center and Network Third-Party Hardware Maintenance

Global Data Center and Network Third-Party Hardware Maintenance Market anticipated to grow 1.5x by the end forecast period with a CAGR of over 8.24% during the forecast period (2022 to 2030).

According to the Regional Research Reports, the Global Data Center and Network Third-Party Hardware Maintenance Market size was valued at USD 5,204.4 million in 2021 and reaching USD 8,186.2 million by 2030 at a CAGR of 8.24% during the forecast period (2022-2030.

The contracts for data center and network equipment may cover hardware replacement, on-site field engineering, technical support and proactive monitoring is hardware maintenance. Market focuses on the independent, third-party market for data center and network maintenance. This maintenance is provided independently from the OEMs, often referred to as "TPM" (third-party maintenance), "unauthorized maintenance" or "alternative maintenance." A hybrid maintenance strategy - using OEM-authorized and OEM-independent maintenance - is becoming more common in the hardware support market, with a thriving ecosystem of independent support providers for server, storage and networking equipment. End-user customers are selectively using TPMs to cost-effectively extend the life of IT assets, control OEM-forced upgrades, and save money.

Based on application segment, the market is bifurcated into Large Enterprises and Small and Medium Size Enterprises. Large Enterprises is anticipated to become the fastest-growing market in the forecast duration due to high adoption rate of IT tools for surviving in the hypercompetitive market.

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Global Data Center and Network Third-Party Hardware Maintenance Market Segmentation:
Global Data Center and Network Third-Party Hardware Maintenance Market, by Product

Hardware Replacement
On-site Field Engineering
Technical Support
Proactive Monitoring
Others
Global Data Center and Network Third-Party Hardware Maintenance Market, by Application

Large Enterprises (1000+ Users)
Medium-sized Enterprise (499-1000 Users)
Small Enterprises (1-499 Users)
Based on the region, the Global Data Center and Network Third-Party Hardware Maintenance printing market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2020, North America held the largest share in the global Data Center and Network Third-Party Hardware Maintenance market, followed by Asia Pacific.

Global Data Center and Network Third-Party Hardware Maintenance Market, by region
North America (US, Canada, Mexico)
South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)

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Major market players covered in the Global Data Center and Network Third-Party Hardware Maintenance Market:
Park Place Technologies
Cxtec
Service Express
Dataspan
Aims Data Centre
Equinix
Cds (computer Data Source)
Service Express
Emconit
Curvature
Dataspan

(Note: The list of the major players will be updated with the latest market scenario and trends)

Competitive Landscape:
Established companies in the market with a major market share
Emerging players who are growing rapidly
New Entrants and Prominent Startups
Competitive Product Benchmarking
Product Development Matrix

Get insights on the scope of the report @ https://www.regionalresearchreports.com/table-of-content/data-center-and-network-third-party-hardware-maintenance-market/ICT-1739

Regional Research Reports Key Takeaways:
Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth
Objectives of the Study:
The Global Data Center and Network Third-Party Hardware Maintenance market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the market players' presence in the respective segment and region/country. The information concluded in the report includes the inputs.

Read the in-depth report information @ https://www.regionalresearchreports.com/industry-reports/data-center-and-network-third-party-hardware-maintenance-market/ICT-1739

Global Data Center and Network Third-Party Hardware Maintenance Market Report Covers Comprehensive Analysis On:

Market Segmentation & Regional Analysis
Market Size of 10 years
Pricing Analysis
Supply & Demand Analysis
Product Life Cycle Analysis
Porter's Five Forces & Value Chain Analysis
Developed & Emerging Economies Analysis
PEST Analysis
Market and Forecast Factor Analysis
Market Opportunities, Risks, & Trends
Conclusion & Recommendation
Regulatory Landscape
Patent Analysis
Competition Landscape
15+ Company Profiles

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About Us:
Regional Research Reports solves all the data problems by providing industry analytics data that is easy to understand and reliable. We are a leading provider of custom and exclusive market research reports; we provide state-of-the-art business analysis to clients across multiple sectors.
Our research team is highly qualified to benefit well-establish companies and startups with their market research needs. In a world where endless disruption is the norm, not the exception, Regional Research Reports provides the foundation for a strategy to identify opportunities and challenges early and win customers. Since our founding, we have been working closely with large multinationals and small and medium-sized enterprises (SMEs). Today, we are proud to have 80% of our Fortune 2000 customers as our customers.

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