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Data Center Market to reach USD 711.72 Bn by 2029, High Investment in the Development of New Data Centres and Demand for Cloud-Based Services to Drive Market Growth
Data Center Market
Data Center Market Report Scope and Research Methodology
The global Data Center Market provides an overview of the market growth rate as well as an analysis of top key players and their business strategies, geographical expansion, industrial models, market segments, and competitive landscape. The Data Center Market analysis includes key growth factors, market size in terms of revenue, segmental data, regional data, and country-wise data and price analysis. The report provides the Data Center Market's current size, trend, market growth and forecast during the period and revenue. The report provides information on the Data Center Market's current trends and future and recent development, drivers, capacities, technologies and on the changing dynamics of the Data Center Market. The bottom-up approach was used to estimate the Data Center Market size. The report segmented the market on the basis of product type, application, and region. SWOT was used to analysis and evaluate the strengths and weaknesses of the major players in the Data Center Market.
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High investment in the development of new data centres and demand for cloud-based services to drive market growth
Growing demand for cloud-based services and the construction of 5G and IoT technologies boost the market growth. The Data Center Market is driven by advanced technologies such as big data, AI, ML and network gradation as well as the adoption of multi-cloud services. The increasing importance of e-commerce databases and the adoption of SaaS cloud solutions is expected to create Data Center Market growth opportunities.
The Data Center Market is driven by growing development in banking sectors in emerging economies and demand for cloud-based services as well as ongoing adoption of data center technologies and architecture. However, the high cost of constructing data centers is expected to be one restrain factor on Data Center Market growth.
North America dominated the Data Center Market share in 2021 and is expected to witness significant growth during the forecast period
The North American region held the largest market share in 2021 and is expected grow significantly during the forecast period. In the region, Data Center Market growth is driven by the presence of a robust IT & telecom industry, presence of leading modular data providers and huge investment by key players for developing innovation. The adoption of cloud services into enterprises across the industry in countries such as the U.S. and Canada is expected to influence Data Center Market growth during the forecast period.
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The hyper-scale data center segment dominated the global market share with 40 percent in 2021
Based on type, the hyper-scale data center segment held the largest market share in 2021. The market growth is driven by maximizing cooling efficiency, balanced workload, and automated facility. The hyper-scale data center provides a wide array of applications in plenty of industries such as IT & telecom, BFSI, government utilities, healthcare, energy, manufacturing, and others. Emerging cloud technology is expected to contribute to the Data Center Market growth during the forecast period.
Data Center Market Segmentation
By Industry:
IT & Telecom
BFSI
Energy
Manufacturing
Others
By Type:
Traditional
Cloud
Hyperscale
By Deployment:
On-Premise
Cloud
Data Center Market Key Players include:
Digital Realty
Nvidia
Oracle
Alphabet Inc.
Fujitsu Ltd
Reliance Group
Capgemini SE
HCL Technologies Limited
Sify Technologies Limited
IBM Corporation
Cisco Systems Inc.
Hewlett Packard Enterprise Company
Hitachi Ltd
Equinix Inc.
Huawei Technologies Co. Ltd
Schneider Electric SE
Vertiv Co.
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Table of content for the Data Center Market includes:
Data Center Market: Research Methodology
Data Center Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Data Center Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Data Center Market Segmentation
Global Market, by Industry (2021-2029)
Global Market, by Type (2021-2029)
Global Market, by Deployment (2021-2029)
Regional Data Center Market (2021-2029)
Regional Market, by Industry (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Deployment (2021-2029)
Regional Market, by Country (2021-2029)
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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Industry, Type, Deployment and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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