Press release
Data Center Equipment Market to be Worth US$72 bn by 2020, Driven by Rising Demand in Telecommunication
The global data center equipment market is driven by the rising virtualization in network environments. Moreover, the elevated adoption of cloud services and big data will also fuel the global data center equipment market. On the other hand, the global data center equipment market will be challenged by the high energy consumption and cooling issues of data centers. Furthermore, the lack of a skilled workforce will also continue to hamper the global data center equipment market in the coming few years.
Broadly, the global data center equipment market is segmented on the basis of product, application, and geography.Product-wise, the global data center equipment market is divided into servers, storage devices, power distribution systems, and others. Data center equipment is extensively used in various end-use industries because of proliferation of digital data and also for effective data management to extract strategic and crucial information.
View Comprehensive Analysis of the Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=352
Application-wise, the global data center equipment market is classified into business enterprises, government, manufacturing, retail, healthcare, manufacturing, telecommunications, banking, financial services, and insurance (BFSI), and others. In 2013, the telecommunications segment led the global data center equipment market. This is mainly because of the unparalleled online presence of banking consumers around the world and continuous growth in internet-enabled services. These services have resulted in the exchange of a large amount of data over the web, which has led to an elevated demand for tools that can offer safety, data integrity, and high standards at data centers.
Regionally, the global data center equipment market is segmented into Asia Pacific, Europe, North America, and Rest of the World (RoW). In the coming few years, North America is projected to dominate the global data center equipment market. The North America market is driven by rising technological innovations such as e-discovery, dependence on important programs for business procedures, and server virtualization. Moreover, the exponential growth in data generation in North America will also benefit this regional market. In 2013, North America and Europe collectively held 49.3% of the global data center equipment market.
On the other hand, Asia Pacific and the Rest of the World boast of the largest internet subscriber base. Hence, these two regions are witnessing a fast expansion of internet-based services. This trend is projected to help these two regions emerge as high-potential markets in the global data center equipment market.
Players in the global data center equipment market will enjoy the significant opportunities provided by software-defined data centers. Another trend that will generate market opportunities is the rising demand for green data centers. The key leading companies operating in the global data center equipment market are Hewlett-Packard, Emulex Corporation, F5 Networks, Alcatel-Lucent, NEC Corporation, and Schneider Electric SA.
About Us :
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us :-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
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 Data Center Equipment Market to be Worth US$72 bn by 2020, Driven by Rising Demand in Telecommunication here
News-ID: 451415 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 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…
