Press release
Unprecedented Growth Expected In Managed Data Center Services Market: Surpassing $470.6 Billion Mark in 2025 and Projected To Reach $893.98 Billion in 2029
Managed Data Center Services Market
What Is The Projected Market Size Of The Global Managed Data Center Services Market And Its Growth Rate?
• The managed data center services market size has experienced rapid growth, expanding from $413.39 billion in 2024 to a projected $470.6 billion in 2025, at a CAGR of 13.8%.
• This historic growth is propelled by increasing data storage needs, enhanced digitalization, mounting data-oriented processes, escalating infrastructure complexity, and business globalization.
• Further growth is anticipated with the market projected to reach $893.98 billion in 2029 at a CAGR of 17.4%.
• This growth can be accredited to the rise in cloud computing adoption, surge in data generation, need for scalable and flexible infrastructure, increasing cybersecurity concerns, and business globalization.
What Is Driving The Growth In The Managed Data Center Services Market?
The notable upswing in the number of data centers is propelling the growth of the managed data center services market. A data center is a physical space that stores and manages data for various applications - from developing new products and services to maintaining and repairing existing ones. For instance, in February 2022, per the Korea Data Center Council (KDCC), the overall capacity of colocation data centers IT load totaled 430 MW, comprising 11% of the total APAC IT load. The capacity of commercial data centers in Korea is expected to surge by 700 MW between 2021 and 2023, making up 15% of the total Asia-Pacific capacity. Such increased deployment of data centers is driving the managed data center services market growth.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=12539&type=smp
Who Are the Key Players Driving Managed Data Center Services Market Growth?
• Microsoft Corporation
• Verizon Communications Inc.
• AT&T Inc.
• Deutsche Telekom AG
• Dell Inc.
• Acce*nture plc
• International Business Machines Corporation
• Cisco Systems Inc.
• Orange S.A.
• Fujitsu Limited
• Hewlett Packard Enterprise Development LP
• Tata Consultancy Services Ltd.
• Telefonaktiebolaget LM Ericsson
• Capgemini SE
• NTT Data Inc.
• Cognizant Technology Solutions U.S. Corporation
• Infosys Limited
• ZTE Corporation
• Lumen Technologies Inc.
• DXC Technology
• CGI Inc.
• Atos SE
• Wipro Ltd.
• HCL Technologies Limited
• Equinix Inc.
• Rackspace Inc.
• Hitachi Vantara Corporation
• LTIMindtree Limited
• Unisys Corporation
• Cyxtera Technologies Inc.
What Are The Key Trends In The Managed Data Center Services Market?
• Adoption of artificial intelligence in data center management
• Focus on sustainable and green data centers
• Integration of edge computing solutions
• Rising demand for modular data centers
• Increased use of software-defined data center (SdDC) solutions.
What Are The Segments Of The Global Managed Data Center Services Market?
1) Managed Storage
2) Managed Hosting
3) Managed Collocation
4) Other Types
5) By Deployment Type: Cloud, On-Premise
6) By Enterprise Size: Small Enterprises, Medium Enterprises, Large Enterprises
7) By End-User Industry: BFSI, Energy, Retail, Healthcare, Manufacturing, Other End-User Industries.
Which Region Leads The Managed Data Center Services Market?
North America was the largest region in the managed data center services market in 2024. However, the Asia-Pacific region is projected to be the fastest-growing region over the forecast period. The managed data center services market report covers diverse regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/managed-data-center-services-global-market-report
What Is Covered In The Managed Data Center Services Market Global Market Report?
Analysis and identification of market size, segmentation, key players, growth trends, market contribution, growth drivers, industry challenges, competitive developments, and more are included in the report.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/customise?id=12539&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Unprecedented Growth Expected In Managed Data Center Services Market: Surpassing $470.6 Billion Mark in 2025 and Projected To Reach $893.98 Billion in 2029 here
News-ID: 3834310 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Managed
Managed IT Infrastructure Services Market by Solution (Managed Data Center, Mana …
Managed IT infrastructure services is an approach that combines together knowledge, procedures, and technology, which finally power the services that support business processes. Managed IT infrastructure services offer a sound business understanding to deploy or replace existing IT infrastructure. Without clearly defining business goals and process functionalities, selecting the right systems, applications, and technologies that meet business requirement, managed IT infrastructure services drives most of the critical tasks and thereby…
Managed Security Services Market Outlook to 2025 – Managed Firewall, Managed I …
Managed Security Services Market is expected to grow from US$ US$ 17716.7 Million in 2017 to US$ 61855.5 Million by 2025 at a CAGR of 16.9% between 2017 and 2025.
Worldwide Managed Security Services Market Analysis to 2025 is a specialized and in-depth study of the Managed Security Services Market with a focus on the global market trend. The report aims to provide an overview of global Managed Security Services Market…
IOT Managed Services Market By Type (Managed Security Services, Managed Device S …
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more.
IoT (Internet of Things) provides immense growth opportunity for…
IOT Managed Services Market By Type (Managed Security Services, Managed Device S …
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more.
IoT (Internet of Things) provides immense growth opportunity for…
Managed Network Services Market will reach nearly US$ 120 Bn in revenues by 2028 …
Increasing need for significant operational cost reductions, growing adoption of business analytics and cloud coupled with rising complexities in operations across several end use industries continue to influence demand for managed network services. The adoption of managed network services is also being influenced with a number of industry-specific factors including but not limited to growing need for high efficiency in business processes and customer satisfaction. Fact.MR envisages that the demand for…
Global IOT Managed Services Market By Type (Managed Security Services, Managed D …
IoT (Internet of Things) provides immense growth opportunity for managed service providers. Rising digital technology in the connected world will involve nearly 33 billion by 2023 and in this connected world managed services would be a critical component. Rising adoption of smart technologies in various verticals has generated IoT technologies. Moreover, growing number of connected devices will generate high demand for managed services. The IoT ecosystem includes devices, security, applications,…
