openPR Logo
Press release

"Edge Computing and Beyond: Redefining the Data Center Market"

12-20-2024 08:53 AM CET | Energy & Environment

Press release from: BIS Research

"Edge Computing and Beyond: Redefining the Data Center Market"

In the digital age, data centers have become the backbone of global infrastructure, enabling businesses and individuals to store, manage, and process massive amounts of information. The Data Center Market is experiencing unprecedented growth, driven by the rapid expansion of cloud computing, the proliferation of data-heavy technologies, and the increasing reliance on digital services.

Discover data center market [https://bisresearch.com/industry-verticals/data-center] insights. Explore trends, forecasts, and analysis to stay ahead in the evolving industry.

Market Overview
As of 2023, the global data center market was valued at approximately $215 billion and is projected to grow at a CAGR of 10.7%, reaching $450 billion by 2030. This growth is attributed to increasing data generation, technological advancements, and surging demand for cloud-based services.

Key Growth Drivers

Rise of Cloud Computing
The shift from on-premise infrastructure to cloud-based solutions has significantly increased the demand for data centers. Cloud service providers such as AWS, Microsoft Azure, and Google Cloud are continuously expanding their infrastructure to meet global demand.

Digital Transformation Across Industries
Industries such as banking, healthcare, retail, and manufacturing are adopting digital technologies, generating an immense volume of data that requires advanced storage and processing capabilities.

Access TOC - https://bisresearch.com/requestsample?id=1928&type=toc

Emergence of Edge Computing
The adoption of edge computing has led to the development of smaller, localized data centers to process data closer to the source. This trend is particularly relevant for applications in IoT, autonomous vehicles, and smart cities.

Increased Adoption of AI and Machine Learning
Artificial Intelligence (AI) and machine learning (ML) applications require substantial computational power and storage, boosting the demand for high-performance data centers.

Sustainability and Energy Efficiency
As sustainability becomes a global priority, there is a growing focus on energy-efficient data centers. The integration of renewable energy sources and advanced cooling technologies are key trends driving this transformation.

Request A Free Detailed Sample 0n Data Center Cooling Market - https://bisresearch.com/requestsample?id=2269&type=download

Market Segmentation
The data center market is segmented by:
Type: Hyperscale, Enterprise, Colocation, Edge
Components: IT Infrastructure, Power Management, Cooling Solutions, Networking Equipment
End Users: Cloud Providers, Government, BFSI, Healthcare, IT & Telecom, Retail

Regional Insights
North America leads the market due to a strong presence of technology companies and significant investments in data center infrastructure.
Asia-Pacific is the fastest-growing region, driven by increasing internet penetration, the rise of e-commerce, and the digitalization of emerging economies like India and China.
Europe is witnessing substantial growth, with a focus on green data centers and regulatory compliance.

Future Outlook
The data center market is poised for significant growth as global reliance on digital technologies continues to expand. Emerging trends like hybrid cloud solutions, AI integration, and green initiatives will redefine data center operations and infrastructure. Stakeholders are expected to focus on enhancing energy efficiency, scalability, and security to address future demands.

Conclusion
The data center market represents a critical component of modern economies, enabling seamless connectivity, data storage, and processing. With technological advancements and growing demand for digital services, this market will continue to evolve, offering immense opportunities for businesses, investors, and innovators alike.

For more information about BIS Research's Energy & Power industry reports, please visit Here- https://bisresearch.com/industry-verticals/energy-and-power

BIS Research, recognized as a top market research company, specializes in market research reports and advisory services focused on deep technology and emerging trends that are poised to disrupt key industrial markets. Annually, we publish over 200 market intelligence reports across various deep technology verticals. Our strategic market analysis covers market estimations, technology assessments, high-growth applications, detailed country-level market data, and other critical parameters essential for senior management's strategic decision-making.

BIS Research provides both syndicated and custom studies, along with expert consultations, delivering specific and actionable insights on novel technology markets, business models, and competitive landscapes to firms worldwide.research.com

Contact Information:
Bhavya Banga
Email: media@bisresearch.com
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538-1686
Visit our Blog @ https://bisresearch.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release "Edge Computing and Beyond: Redefining the Data Center Market" here

News-ID: 3793561 • Views:

More Releases from BIS Research

Data Center Industry Trends Decoded - BIS Research Releases Six Key Market Reports for 2025
Data Center Industry Trends Decoded - BIS Research Releases Six Key Market Repor …
BIS Research, a leading global market intelligence and advisory firm, has announced the publication of six comprehensive market intelligence reports focusing on the rapidly evolving data center industry. These reports provide in-depth analysis, trends, competitive benchmarking, and strategic insights across the full spectrum of data center infrastructure. As data centers continue to serve as the backbone of digital transformation globally, the demand for efficient, sustainable, and high-performance infrastructure has accelerated. These
Strategic Market Entry into India's Healthcare Sector: Opportunities and Insights
Strategic Market Entry into India's Healthcare Sector: Opportunities and Insight …
India's healthcare industry is rapidly evolving, offering global companies a compelling opportunity to expand and grow. With the increasing demand for advanced diagnostics, biopharmaceuticals, medical devices, and digital health solutions, entering the Indian market can be a game-changer for healthcare innovators and manufacturers worldwide. Why India Is a Strategic Healthcare Market India's healthcare market is expected to reach $372 billion by 2028, driven by a combination of demographic trends, increased government spending,
Precision Medicine Market to Reach $469 Billion by 2034, Growing at a CAGR of 11.96%
Precision Medicine Market to Reach $469 Billion by 2034, Growing at a CAGR of 11 …
The healthcare industry is undergoing a transformative shift toward more personalized treatment options, and one of the key drivers of this change is precision medicine. This approach tailors medical treatment to the individual characteristics of each patient, including their genetic makeup, lifestyle, and environment. The global precision medicine market is experiencing significant growth as it holds the potential to revolutionize healthcare by improving treatment outcomes, reducing adverse effects, and enhancing
Key Insights into the Rapidly Growing Data Center Liquid Cooling Market
Key Insights into the Rapidly Growing Data Center Liquid Cooling Market
As the global demand for high-performance computing, artificial intelligence (AI), and cloud services accelerates, the Data Center Liquid Cooling Market is witnessing unprecedented growth. BIS Research, a leading market intelligence provider, has released an in-depth analysis of this evolving industry, highlighting the latest trends, key drivers, and future opportunities shaping the market. Data center liquid cooling market will reach $39,961.3 million by 2033 from $4,457.2 million in 2023, growing at

All 5 Releases


More Releases for Data

Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn. Data Catalog Market Report Scope and Research Methodology The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data. Specialized components backed up by AI and
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to