Global Data Center Market size was valued at USD 234.96 Billion in 2021, and is projected to reach USD 326.23 Billion by 2028, growing at a CAGR of 4.8% from 2022 to 2028.
A data center is a physical facility that are used to manage the organizations’ critical applications and data. A data center is formed based on a network of computing and storage resources that makes it possible to store and deliver shared applications and data. Design of modern data centers are very different than what it used to be a short time ago, there are a lot of changes in the Infrastructure. It is shifted from traditional on-premises physical servers to virtual networks that is able to carry huge workload and can manage over a cloud environment. Any modern data center is comprised of routers, switches, firewalls, storage systems, servers, and application-delivery controllers which all together fulfils several organizational data operations such as, Email and file sharing, Customer relationship management (CRM), Enterprise resource planning (ERP), database, Big data, artificial intelligence, machine learning, etc.
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The component and request breakdowns, along with an inside-out objective analysis that gives a comprehensive view of the global Data Center market, are all included in this study. The study also includes details on the end-user businesses, a brief evaluation of their product offerings, details about their distributors and suppliers, and an estimate of product demand. Strong points are emphasised, weaknesses are discovered, opportunities are found, and threats are identified as a result of the SWOT analysis, allowing for an effective and dependable compilation of the full report.
Key Prominent Players In The Data Center Market:
- Coresite (USA)
- QTS Realty Trust, Inc (USA)
- China Telecom (China)
- Interxion Holding N.v. (Netherlands)
- NTT Communications (Japan)
- IBM Corporation (USA)
- Amazon Web Services (USA)
- CyrusOne Inc (USA)
- Equinix (USA)
- Digital Realty (USA)
- Cyxtera Technologies (USA)
- Iron Mountain Inc (USA)
- KAO Data Campus (UK) and Other Major Players
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Market segmentation
Data Center Market Size 2022 research report focus on overall information that can help to take decisions on current market situation. This report provides information about Size, Types, Application, Production, Revenue, Growth Rate, Gross margin, opportunities with future risk analysis. The report also describes top company profiles that present in market with trends worldwide. This article contains financial changes during years with Impact of COVID-19 on Data Center market.
Data Center Market Segment by Types
- Enterprise
- Managed services
- Cloud-based
- Others
Data Center Market Segment by Applications
- BFSI
- IT Telecom
- Healthcare
- Energy
- Others
Regional Analysis for COVID-19 Outbreak-Global Data Center Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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COVID-19 Impact on the Data Center Market:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols range from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. Pandemic has had a significant influence on any sector of the print business concerned with graphic arts, advertising, and event promotion, although packaging printing has been less affected.
Key Benefits for Industry Participants Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape strategies of key players
- Potential niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Data Center Market
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