Data Center Infrastructure Market Size Observe Significant Surge during 2023
Data center infrastructures have increased considerably in the past few years, due to the various breakthroughs that have been achieved in this domain. Market Research Future which concentrates on market reports linked to the Information and Communications Technology sector amongst others recently made available a report on this sector. The data center infrastructure market is projected to develop at a 42 per cent of CAGR between 2017 and 2023 while achieving revenues worth USD 49 Billion by the end of the forecast period.
The growth in the data volumes generated around the world and the number of businesses accessing this data, the requirement for data centers has gone up. Development of cloud infrastructure is also one of the factors that is providing significant boost to the development of the sector in the forecast period. Reduction in installation and deployment times will further motivate the growth of the market.
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Major Key Players
Hewlett Packard Enterprise (U.S),
Dell EMC. (U.S),
Cisco Systems, Inc. (U.S),
Microsoft Corporation (U.S),
International Business Machines Corporation (U.S),
VMware, Inc. (U.S),
Lenovo Group Ltd. (U.S),
Oracle Corporation (U.S),
NetApp, Inc. (U.S),
According to MRFR, global Data Center Infrastructure Market is growing rapidly over 42% of CAGR and is expected to reach at USD 49 Billion by the end of forecast period.
The data center infrastructure market is divided into the category of user type, component, verticals, deployment and region. The user type is divided into medium sized enterprises, small sized enterprises and large-scale enterprises. The components are categorized into software, hardware, solution, service which are divided into storage, servers, routers, storage area network switches, network security, ethernet switches, and virtualization software. The verticals are segregated into IT & telecom, BFSI, healthcare, retail and others. The deployment category is categorized into on premises and on cloud. The region comprises Europe, North America, Asia Pacific and rest of the world.
Detailed Regional Analysis
The region wise analysis of the market for data center infrastructure includes regions such as North America, Asia Pacific, Europe and Rest of the World. The North American is one of the foremost regions in the world in terms of market portion in data center infrastructure market owing to its enormous necessity of data center infrastructure to certify endless distribution of data center processes and management facilities. The data center infrastructure sector in the European region is anticipated to observe rapid development in the forthcoming period. While, the Asia-Pacific nations like Japan, China and India are an emergent sector for data center infrastructure industry and is anticipated to be the highest CAGR rate achiever in the coming years.
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- Data center infrastructure solution providers
- Advertising agents
- Marketing solution providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators