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Managed Data Center Services Surge With The Rise Of Data Centers Driver: A Major Catalyst in the Evolution of the Managed Data Center Services Market in 2025
Managed Data Center Services Market
The surge in the number of data centers is set to fuel the expansion of the managed data center services market. Essentially, data centers act as physical locations for data storage and management, serving various roles including the creation of new products and services, as well as the upkeep and repair of existing ones. With a managed data center, all operations, maintenance, and monitoring relating to the system's performance and maintenance are provided, although responsibility for deployment, management, and monitoring isn't assumed. For instance, the Korea Data Center Council (KDCC), a Korea-based entity aimed at advancing the data center sector in Korea, indicated in February 2022 that the combined capacity of colocation data centers IT loads stood at 430 MW. This represents 11% of the total Asia-Pacific IT load. Savills Korea suggests that the total IT load of commercial data centers in Korea will increase by 700 MW between 2021 and 2023, accounting for 15% of the overall Asia Pacific capacity. Thus, the increasing number of data centers is contributing to the expansion of the managed data center services market.
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How will the growth rate of the managed data center services market shape industry trends by 2034?
In recent times, the managed data center services market size has experienced quick expansion. It is projected to escalate from $413.39 billion in 2024 to an estimated $470.6 billion in 2025, marking a compound annual growth rate (CAGR) of 13.8%. Factors contributing to this growth during the historic period include an amplified need for data storage, the spread of digitalization, a heightened dependence on data-centric operations, increasing complexity of the infrastructure, and the global reach of businesses.
Significant expansion in the managed data center services market is anticipated in the coming years, with a predicted market value of $893.98 billion by 2029 and a Compound Annual Growth Rate (CAGR) of 17.4%. This predicted growth within the forecasted period is likely due to several factors such as the rising adoption of cloud computing, an increase in data generation, the necessity for scalable and adaptable infrastructure, escalating concerns over cybersecurity, and the broadening of business on a global scale. Leading trends for the forecasted span include the application of artificial intelligence in managing data centers, emphasis on eco-friendly and sustainable data centers, implementation of edge computing solutions, surging demand for modular data centers, and heightened usage of software-defined data center (SdDC) solutions.
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What trends are poised to drive the future success of the managed data center services market?
Major advancements in technology are rapidly becoming a prominent trend in the managed data center services sector. Companies dominating this market are embracing cutting-edge technology to maintain their competitive edge. Specifically, Cisco Umbrella, an American firm known for its multifaceted cloud-based security, introduced new Secure Access Service Edge (SASE) data centers for enhanced safety measures in June 2022. This unique system amalgamates firewalls, a secure web gateway (SWG), DNS-layer security, a cloud access security broker (CASB), and threat intelligence into a singular cloud service. This consolidated approach helps businesses of all calibers safeguard their customers regardless of their geographical location. By positioning its data centers near Internet exchange points (IXPs) deliberately, Cisco Umbrella ensures swifter and more reliable service. Chosen exclusively for their ability to provide superior connectivity and services, these data centers are carrier-neutral and cater proficiently to their respective regions.
Which primary segments of the managed data center services market are driving growth and industry transformations?
The managed data center services market covered in this report is segmented -
1) By Type: Managed Storage, Managed Hosting, Managed Collocation, Other Types
2) By Deployment Type: Cloud, On-Premise
3) By Enterprise Size: Small Enterprises, Medium Enterprises, Large Enterprises
4) By End-User Industry: BFSI (Banking, Financial Services, And Insurance), Energy, Retail, Healthcare, Manufacturing, Other End-User Industries
Subsegments:
1) By Managed Storage: Backup And Recovery Solutions, Data Archiving Services
2) By Managed Hosting: Dedicated Hosting, Virtual Private Servers (VPS)
3) By Managed Collocation: Rack Space Services, Power And Cooling Management
4) By Other Types: Disaster Recovery As A Service (DRaaS), Security Management Services
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Which geographical regions are pioneering growth in the managed data center services market?
North America was the largest region in the managed data center services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed data center services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the managed data center services market landscape?
Major companies operating in the managed data center services market include Microsoft Corporation, Verizon Communications Inc., AT&T Inc., Deutsche Telekom AG, Dell Inc., accenture* 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.
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What Is Covered In The Managed Data Center Services Global Market Report?
• Market Size Forecast: Examine the managed data center services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the managed data center services market for a structured understanding.
• Key Players Overview: Analyze major players in the managed data center services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the managed data center services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the managed data center services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the managed data center services market.
• Industry Challenges: Identify potential risks and obstacles affecting the managed data center services market.
• Competitive Landscape: Review strategic developments in the managed data center services market, including expansions, agreements, and new product launches.
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