Data Center Infrastructure Market Opportunities, Growth Potential, Demand, Future Estimations and Statistics

[Dhanashree Daware]

Market Highlights
Robust data center infrastructure enhances the agility of data handling and preservation of an enterprise. It is expected to drive the growth of the data center infrastructure market. High productivity offered by data centers to the company is expected to boost the growth of the market. The rise in data center IP traffic is noted to be another growth booster for the global data center infrastructure market. A surge in the adoption of both modular and colocation data centers can bolster the fast-paced expansion of the market.
The data experts at Market Research Future Reports (MRFR) have evaluated the global data center infrastructure market. As per the study, the global data center infrastructure market is estimated to value USD 49 billion by the end of 2023, thriving at a CAGR of 42% during the assessment period from 2017 to 2023. The demand for data center infrastructure has increased, which is estimated to drive the global data center infrastructure market 2020. Besides, the development of cloud infrastructure is estimated to be another important factor leading to market growth. Also, the installation and deployment time is not tedious due to which it is further gaining popularity. Further, the data volumes have increased, which demands the requirement for data centers. The increasing technological innovation and the rising investment are projected to be another factor strengthening the market.
Other factors can spur the growth of the data center infrastructure market. Scalability, reliability, ability to maximize the efficacy of a company’s networking assets to gain better internal network operations are expected to promote the growth of the market. In addition, advantages of reduced information technology cost and ability to detect threats and resolve the same are expected to push the market growth in the years of forecast. The presence of skillful developers and the need for one-time investment in setup of data centers are expected to act as other transformational forces of the market.
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Detailed Regional Analysis
North America, Asia Pacific, Europe and Rest of the World are regional segments across which the data center infrastructure market has been studied. In North American, the market is expected to hold the grand share of the global market. The high need for adequate data center infrastructure for make endless distribution of data and their management facilities seamless is the prime cause for the fast growth of the regional market. In Europe, the market is expected to surge as more enterprises are opting for a separate setup to own their data centers. The rapid-paced industrialization and fast implementation of smart cities projects are likely to promote the growth of the data center infrastructure market in the Asia Pacific region.
Segmentation:
The global data center infrastructure market can be distinguished on the grounds of deployment, component, organization size, verticals, and region.
On the basis of deployment, the global data center infrastructure market can be distinguished into
On the basis of service, the global data center infrastructure market can be distinguished into servers, virtualization software, storage, network security, storage area network (SAN) switches, routers, Ethernet switches, network security, and others.
On the basis of component, the global data center infrastructure market can be distinguished into hardware and software.
On the basis of organization size, the global data center infrastructure market can be distinguished into small and medium-sized enterprises and large-scale enterprises.
On the basis of verticals, the global data center infrastructure market can be distinguished into BFSI, retail, healthcare, IT & telecommunications, and others.
On the basis of regions, the global data center infrastructure market can be distinguished into North America, Asia-Pacific, Europe, and the Rest of the World (RoW).
Key Players
MRFR listed some renowned companies that are operating in the global market of data center infrastructure. They are; Dell EMC. (U.S), Hewlett Packard Enterprise (U.S), Microsoft Corporation (U.S), Cisco Systems, Inc. (U.S), International Business Machines Corporation (U.S), and others. The growing relationship among key players via partnerships, collaborations, and agreements, is expected to benefit the data center infrastructure market. In September 2017, Dell EMC partnered with DriveScale to enhance the efficiency of data center infrastructure for cloud applications at a cost-effective rate cast a positive impact on the market. In addition, efforts made by key contender of the market in bringing innovations to customers is also observed to work in favor of the market.
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Global Data Center Infrastructure Market, By Components (Hardware, Software, Service), By User Type (Small & Medium-Sized Enterprises, Large-Scale Enterprises), By Deployment, By End Users (BFSI, IT & Telecom, Retail, Healthcare) - Forecast 2023
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