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2021
Data Center Market

Data Center Market by Component (Solution and Services), Type (Colocation, Hyperscale, Edge, and Others), Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), and End User (BFSI, IT & Telecom, Government, Energy & Utilities, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13117
Pages: 280
Aug 2021 | 212 Views
   
Author(s) : Kanhaiya Kathoke, Himanshu Jangra , Vineet Kumar
Tables: 58
Charts: 35
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Data Center Market Insights - 2030

The global data center market was valued at $187.35 billion in 2020, and is projected to reach $517.17 billion by 2030, registering a CAGR of 10.5% from 2021 to 2030. Datacenter physical facility in an enterprise designed to share IT operations and equipment’s to store, process, and disseminating data and applications. Further, the data center in an enterprise based on a network of computer applications and storage solutions intended to share information and data. The shift in traditional on-premises physical servers to the virtual network-based data center, owing to the advancement in multi-cloud computing, is driving the growth of data centers globally. The modern data center in an enterprise can communicate with multiple sites, both cloud computing and on-premises. 

Data center market gained momentum across pharmaceutical companies which are focused towards using computing data center systems on a large scale to carry out calculations and simulations remotely.

Furthermore, modern data centers might extend outside of a physical infrastructure using public or a private cloud computing solution to enhance their storage and operations. In addition, virtualized data centers are designed to use the server in a remote location where large workload operations are performed. 

Data-Center-Market-2020-2030

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The data center market is expected to witness notable growth during the forecast period, owing to rise in data center complexities due to scalability. Furthermore, rise in penetration of high-end cloud computing in enterprises, globally in developing economies drives the growth of the data center market during the forecast period. Moreover, increase in the investment in data center application globally is expected to propel the market growth.

However, rise in concerns related to data privacy paired with growing demand for managed services is expected to restrain the market growth. Further, increase in penetration of Internet of Things and hybrid & multi cloud architecture solutions is expected to provide lucrative opportunity for the growth of the data center market during the forecast period.

Impact Of Covid-19 On Data Center Market-

The emergence of COVID-19 has significantly affected the growth of data center market in 2020. However, surge in demand from cloud computing network solutions is acting as a prime factor hampering the market growth. Further, the data center market was primarily hit by several obstacles, including lack of availability of a professional workforce due to practical and complete lockdown. Moreover, surge in data center adoption across healthcare, government, and BFSI sectors is assumed to drive the data center market during the post-pandemic period.

Data Center Market
By Component

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Service is projected as one of the most lucrative segments.

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The data center market is segmented on the basis of component, type, enterprise size, end user and region. On the basis of component, the market is bifurcated into solution and services. Based on type, the market is fragmented into colocation, hyperscale, edge, and others. By enterprise size, it is divided into large enterprises and small & medium enterprises (SMEs). On the basis of end user, the market is segregated into BFSI, IT & telecom, government, energy & utilities, and others. Region wise, the market is analysed across North America, Europe, Asia-Pacific, and LAMEA. 

The report analyses top data center companies operating in the market such as Alphabet Inc., Amazon.com Inc., Digital Realty, Equinix Inc., Hewlett Packard Enterprise, IBM Corporation, Microsoft , NTT Communication Corporation, Oracle, and SAP SE. These players have adopted various strategies to increase their market penetration and strengthen their position in the data center industry.  

Data Center Market
By Industry Vertical

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Large Enterprises is projected as one of the most significant segments.

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Top Impacting Factors

Significant factors that impact the growth of the global data center industry include surge in penetration of high-end cloud computing in enterprises coupled with rise in data center complexities due to scalability.

However, rise in concerns related to data privacy and growing demand for managed services is acting as a major barrier for early adoption, which hampers the growth of the market. On the contrary, surge in the expenditure on data center technology and rise in adoption of multi-cloud and network upgrade to support 5G technology is anticipated to provide remunerative opportunities for the expansion of the data center market during the forecast period.

Data Center Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific region is projected as one of the most significant segments.

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the data center market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall data center market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current data center market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display.
  • The report includes the market share of key vendors and data center market trends.

Key Market Segments

By Component

  • Solution
  • Services

By Type

  • Colocation
  • Hyperscale
  • Edge
  • Others

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

By End User

  • BFSI
  • IT & Telecom
  • Government
  • Energy & Utilities
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe 
  • Asia-Pacific 
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific   
  • LAMEA
    • Latin America 
    • Middle East
    • Africa

Key Players

  • Alphabet Inc.
  • Amazon.com Inc.
  • Digital Realty
  • Equinix Inc.
  • Hewlett Packard Enterprise
  • IBM Corporation
  • Microsoft 
  • NTT Communication Corporation
  • Oracle 
  • SAP SE
 

CHAPTER 1:  INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY MARKET SEGMENTS
1.3.KEY BENEFITS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:  EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:  MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER'S FIVE FORCES ANALYSIS

3.3.1.Bargaining power of suppliers
3.3.2.Threat of new entrants
3.3.3.Threat of substitutes
3.3.4.Competitive rivalry
3.3.5.Bargaining power among buyers

3.4.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2020
3.5.MARKET DYNAMICS

3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities

3.6.COVID-19 impact analysis on data center  market

3.6.1.Impact on data center  market size
3.6.2.Change in insurers trends, preferences, and budget impact, owing to COVID-19
3.6.3.Framework for market challenges faced by data center  solution providers
3.6.4.Economic impact on data center  solution providers
3.6.5.Key player strategies to tackle negative impact on the industry
3.6.6.Opportunity analysis for data center  solution providers

CHAPTER 4:  DATA CENTER MARKET BY COMPONENT

4.1.OVERVIEW
4.2.SOLUTION 

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region 
4.2.3.Market share analysis, by country

4.3.SERVICE

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region 
4.3.3.Market share analysis, by country

CHAPTER 5:  DATA CENTER MARKET BY TYPE 

5.1.OVERVIEW
5.2.COLOCATION

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region 
5.2.3.Market share analysis, by country

5.3.HYPERSCALE

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region 
5.3.3.Market share analysis, by country

5.4.EDGE

5.4.1.Key market trends, growth factors and opportunities
5.4.2.Market size and forecast, by region 
5.4.3.Market share analysis, by country

5.5.OTHERS

5.5.1.Key market trends, growth factors and opportunities
5.5.2.Market size and forecast, by region 
5.5.3.Market share analysis, by country

CHAPTER 6:  DATA CENTER MARKET BY ENTERPRISE SIZE

6.1.OVERVIEW
6.2.LARGE ENTERPRISES

6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region 
6.2.3.Market share analysis, by country

6.3.SMALL & MEDIUM ENTERPRISES (SMES)

6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region 
6.3.3.Market share analysis, by country

CHAPTER 7:  DATA CENTER MARKET BY END USER

7.1.OVERVIEW
7.2.BFSI

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by region 
7.2.3.Market share analysis, by country

7.3.IT & TELECOM

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by region 
7.3.3.Market share analysis, by country

7.4.GOVERNMENT

7.4.1.Key market trends, growth factors and opportunities
7.4.2.Market size and forecast, by region 
7.4.3.Market share analysis, by country

7.5.ENERGY & UTILITIES

7.5.1.Key market trends, growth factors and opportunities
7.5.2.Market size and forecast, by region 
7.5.3.Market share analysis, by country

7.6.OTHERS

7.6.1.Key market trends, growth factors and opportunities
7.6.2.Market size and forecast, by region 
7.6.3.Market share analysis, by country

CHAPTER 8:  DATA CENTER MARKET BY REGION

8.1.OVERVIEW
8.2.NORTH AMERICA

8.2.1.Key market trends and opportunities
8.2.2.Market size and forecast, by component
8.2.3.Market size and forecast, by type 
8.2.4.Market size and forecast, by enterprise size
8.2.5.Market size and forecast, by end user
8.2.6.Market size and forecast, by Country
8.2.7.U.S.

8.2.7.1.Market size and forecast, by component
8.2.7.2.Market size and forecast, by type 
8.2.7.3.Market size and forecast, by enterprise size
8.2.7.4.Market size and forecast, by end user

8.2.8.Canada

8.2.8.1.Market size and forecast, by component
8.2.8.2.Market size and forecast, by type 
8.2.8.3.Market size and forecast, by enterprise size
8.2.8.4.Market size and forecast, by end user

8.3.EUROPE

8.3.1.Key market trends and opportunities
8.3.2.Market size and forecast, by component
8.3.3.Market size and forecast, by type 
8.3.4.Market size and forecast, by enterprise size
8.3.5.Market size and forecast, by end user
8.3.6.Market size and forecast, by Country
8.3.7.UK

8.3.7.1.Market size and forecast, by component
8.3.7.2.Market size and forecast, by type 
8.3.7.3.Market size and forecast, by enterprise size
8.3.7.4.Market size and forecast, by end user

8.3.8.Germany

8.3.8.1.Market size and forecast, by component
8.3.8.2.Market size and forecast, by type 
8.3.8.3.Market size and forecast, by enterprise size
8.3.8.4.Market size and forecast, by end user

8.3.9.France

8.3.9.1.Market size and forecast, by component
8.3.9.2.Market size and forecast, by type 
8.3.9.3.Market size and forecast, by enterprise size
8.3.9.4.Market size and forecast, by end user

8.3.10.Italy

8.3.10.1.Market size and forecast, by component
8.3.10.2.Market size and forecast, by type 
8.3.10.3.Market size and forecast, by enterprise size
8.3.10.4.Market size and forecast, by end user

8.3.11.Spain

8.3.11.1.Market size and forecast, by component
8.3.11.2.Market size and forecast, by type 
8.3.11.3.Market size and forecast, by enterprise size
8.3.11.4.Market size and forecast, by end user

8.3.12.Netherlands

8.3.12.1.Market size and forecast, by component
8.3.12.2.Market size and forecast, by type 
8.3.12.3.Market size and forecast, by enterprise size
8.3.12.4.Market size and forecast, by end user

8.3.13.Rest of Europe

8.3.13.1.Market size and forecast, by component
8.3.13.2.Market size and forecast, by type 
8.3.13.3.Market size and forecast, by enterprise size
8.3.13.4.Market size and forecast, by end user

8.4.ASIA-PACIFIC

8.4.1.Key market trends and opportunities
8.4.2.Market size and forecast, by component
8.4.3.Market size and forecast, by type 
8.4.4.Market size and forecast, by enterprise size
8.4.5.Market size and forecast, by end user
8.4.6.Market size and forecast, by Country
8.4.7.China

8.4.7.1.Market size and forecast, by component
8.4.7.2.Market size and forecast, by type 
8.4.7.3.Market size and forecast, by enterprise size
8.4.7.4.Market size and forecast, by end user

8.4.8.India

8.4.8.1.Market size and forecast, by component
8.4.8.2.Market size and forecast, by type 
8.4.8.3.Market size and forecast, by enterprise size
8.4.8.4.Market size and forecast, by end user

8.4.9.Japan

8.4.9.1.Market size and forecast, by component
8.4.9.2.Market size and forecast, by type 
8.4.9.3.Market size and forecast, by enterprise size
8.4.9.4.Market size and forecast, by end user

8.4.10.Singapore

8.4.10.1.Market size and forecast, by component
8.4.10.2.Market size and forecast, by type 
8.4.10.3.Market size and forecast, by enterprise size
8.4.10.4.Market size and forecast, by end user

8.4.11.Australia

8.4.11.1.Market size and forecast, by component
8.4.11.2.Market size and forecast, by type 
8.4.11.3.Market size and forecast, by enterprise size
8.4.11.4.Market size and forecast, by end user

8.4.12.Rest of Asia-Pacific

8.4.12.1.Market size and forecast, by component
8.4.12.2.Market size and forecast, by type 
8.4.12.3.Market size and forecast, by enterprise size
8.4.12.4.Market size and forecast, by end user

8.5.LAMEA

8.5.1.Key market trends and opportunities
8.5.2.Market size and forecast, by component
8.5.3.Market size and forecast, by type 
8.5.4.Market size and forecast, by enterprise size
8.5.5.Market size and forecast, by end user
8.5.6.Market size and forecast, by Country
8.5.7.Latin America

8.5.7.1.Market size and forecast, by component
8.5.7.2.Market size and forecast, by type 
8.5.7.3.Market size and forecast, by enterprise size
8.5.7.4.Market size and forecast, by end user

8.5.8.Middle East

8.5.8.1.Market size and forecast, by component
8.5.8.2.Market size and forecast, by type 
8.5.8.3.Market size and forecast, by enterprise size
8.5.8.4.Market size and forecast, by end user

8.5.9.Africa

8.5.9.1.Market size and forecast, by component
8.5.9.2.Market size and forecast, by type 
8.5.9.3.Market size and forecast, by enterprise size
8.5.9.4.Market size and forecast, by end user

CHAPTER 9:  COMPANY PROFILES

9.1.ALPHABET INC.

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.Business performance
9.1.7.Key strategic moves and developments

9.2.AMAZON.COM INC.

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.Business performance
9.2.7.Key strategic moves and developments

9.3.DIGITAL REALTY

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.Business performance
9.3.7.Key strategic moves and developments

9.4.EQUINIX INC.

9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.Business performance
9.4.7.Key strategic moves and developments

9.5.HEWLETT PACKARD ENTERPRISE

9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.Business performance
9.5.7.Key strategic moves and developments

9.6.IBM CORPORATION

9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Business performance
9.6.7.Key strategic moves and developments

9.7.MICROSOFT  

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance
9.7.7.Key strategic moves and developments

9.8.NTT COMMUNICATION CORPORATION

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.Business performance
9.8.7.Key strategic moves and developments

9.9.ORACLE

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.Business performance
9.9.7.Key strategic moves and developments

9.10.SAP SE

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance
9.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 1.GLOBAL DATA CENTER MARKET, BY COMPONENT 2020-2030 ($MILLION)
TABLE 2.DATA CENTER MARKET FOR SOLUTION , BY REGION,  2020-2030 ($MILLION)
TABLE 3.DATA CENTER MARKET FOR SERVICE, BY REGION,  2020-2030 ($MILLION)
TABLE 4.GLOBAL DATA CENTER MARKET, BY TYPE  2020-2030 ($MILLION)
TABLE 5.DATA CENTER MARKET FOR COLOCATION, BY REGION,  2020-2030 ($MILLION)
TABLE 6.DATA CENTER MARKET FOR HYPERSCALE, BY REGION,  2020-2030 ($MILLION)
TABLE 7.DATA CENTER MARKET FOR EDGE, BY REGION,  2020-2030 ($MILLION)
TABLE 8.DATA CENTER MARKET FOR OTHERS, BY REGION,  2020-2030 ($MILLION)
TABLE 9.GLOBAL DATA CENTER MARKET, BY ENTERPRISE SIZE 2020-2030 ($MILLION)
TABLE 10.DATA CENTER MARKET FOR LARGE ENTERPRISES, BY REGION,  2020-2030 ($MILLION)
TABLE 11.DATA CENTER MARKET FOR SMALL & MEDIUM ENTERPRISES (SMES), BY REGION,  2020-2030 ($MILLION)
TABLE 12.GLOBAL DATA CENTER MARKET, BY END USER 2020-2030 ($MILLION)
TABLE 13.DATA CENTER MARKET FOR BFSI, BY REGION,  2020-2030 ($MILLION)
TABLE 14.DATA CENTER MARKET FOR IT & TELECOM, BY REGION,  2020-2030 ($MILLION)
TABLE 15.DATA CENTER MARKET FOR GOVERNMENT, BY REGION,  2020-2030 ($MILLION)
TABLE 16.DATA CENTER MARKET FOR ENERGY & UTILITIES, BY REGION,  2020-2030 ($MILLION)
TABLE 17.DATA CENTER MARKET FOR OTHERS, BY REGION,  2020-2030 ($MILLION)
TABLE 18.DATA CENTER MARKET FOR , BY REGION, 2020-2030 ($MILLION)
TABLE 19.NORTH AMERICA DATA CENTER, BY COMPONENT 2020-2030 ($MILLION)
TABLE 20.NORTH AMERICA DATA CENTER, BY TYPE  2020-2030 ($MILLION)
TABLE 21.NORTH AMERICA DATA CENTER, BY ENTERPRISE SIZE 2020-2030 ($MILLION)
TABLE 22.NORTH AMERICA DATA CENTER, BY END USER 2020-2030 ($MILLION)
TABLE 23.NORTH AMERICA DATA CENTER, BY REGION,  2020-2030 ($MILLION)
TABLE 24.EUROPE DATA CENTER, BY COMPONENT 2020-2030 ($MILLION)
TABLE 25.EUROPE DATA CENTER, BY TYPE  2020-2030 ($MILLION)
TABLE 26.EUROPE DATA CENTER, BY ENTERPRISE SIZE 2020-2030 ($MILLION)
TABLE 27.EUROPE DATA CENTER, BY END USER 2020-2030 ($MILLION)
TABLE 28.EUROPE DATA CENTER, BY REGION,  2020-2030 ($MILLION)
TABLE 29.ASIA-PACIFIC DATA CENTER, BY COMPONENT 2020-2030 ($MILLION)
TABLE 30.ASIA-PACIFIC DATA CENTER, BY TYPE  2020-2030 ($MILLION)
TABLE 31.ASIA-PACIFIC DATA CENTER, BY ENTERPRISE SIZE 2020-2030 ($MILLION)
TABLE 32.ASIA-PACIFIC DATA CENTER, BY END USER 2020-2030 ($MILLION)
TABLE 33.ASIA-PACIFIC DATA CENTER, BY REGION,  2020-2030 ($MILLION)
TABLE 34.LAMEA DATA CENTER, BY COMPONENT 2020-2030 ($MILLION)
TABLE 35.LAMEA DATA CENTER, BY TYPE  2020-2030 ($MILLION)
TABLE 36.LAMEA DATA CENTER, BY ENTERPRISE SIZE 2020-2030 ($MILLION)
TABLE 37.LAMEA DATA CENTER, BY END USER 2020-2030 ($MILLION)
TABLE 38.LAMEA DATA CENTER, BY REGION,  2020-2030 ($MILLION)
TABLE 39.ALPHABET INC.: COMPANY SNAPSHOT
TABLE 40.ALPHABET INC.: OPERATING SEGMENTS
TABLE 41.AMAZON.COM INC.: COMPANY SNAPSHOT
TABLE 42.AMAZON.COM INC.: OPERATING SEGMENTS
TABLE 43.DIGITAL REALTY: COMPANY SNAPSHOT
TABLE 44.DIGITAL REALTY: OPERATING SEGMENTS
TABLE 45.EQUINIX INC.: COMPANY SNAPSHOT
TABLE 46.EQUINIX INC.: OPERATING SEGMENTS
TABLE 47.HEWLETT PACKARD ENTERPRISE: COMPANY SNAPSHOT
TABLE 48.HEWLETT PACKARD ENTERPRISE: OPERATING SEGMENTS
TABLE 49.IBM CORPORATION: COMPANY SNAPSHOT
TABLE 50.IBM CORPORATION: OPERATING SEGMENTS
TABLE 51.MICROSOFT  : COMPANY SNAPSHOT
TABLE 52.MICROSOFT  : OPERATING SEGMENTS
TABLE 53.NTT COMMUNICATION CORPORATION: COMPANY SNAPSHOT
TABLE 54.NTT COMMUNICATION CORPORATION: OPERATING SEGMENTS
TABLE 55.ORACLE: COMPANY SNAPSHOT
TABLE 56.ORACLE: OPERATING SEGMENTS
TABLE 57.SAP SE: COMPANY SNAPSHOT
TABLE 58.SAP SE: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1.GLOBAL DATA CENTER MARKET SEGMENTATION
FIGURE 2.TOP INVESTMENT POCKET
FIGURE 3.TOP WINNING STRATEGIES (%)
FIGURE 4.DATA CENTER MARKET FOR SOLUTION , 2020-2030 ($MILLION)
FIGURE 5.DATA CENTER MARKET FOR SERVICE, 2020-2030 ($MILLION)
FIGURE 6.DATA CENTER MARKET FOR COLOCATION, 2020-2030 ($MILLION)
FIGURE 7.DATA CENTER MARKET FOR HYPERSCALE, 2020-2030 ($MILLION)
FIGURE 8.DATA CENTER MARKET FOR EDGE, 2020-2030 ($MILLION)
FIGURE 9.DATA CENTER MARKET FOR OTHERS, 2020-2030 ($MILLION)
FIGURE 10.DATA CENTER MARKET FOR LARGE ENTERPRISES, 2020-2030 ($MILLION)
FIGURE 11.DATA CENTER MARKET FOR SMALL & MEDIUM ENTERPRISES (SMES), 2020-2030 ($MILLION)
FIGURE 12.DATA CENTER MARKET FOR BFSI, 2020-2030 ($MILLION)
FIGURE 13.DATA CENTER MARKET FOR IT & TELECOM, 2020-2030 ($MILLION)
FIGURE 14.DATA CENTER MARKET FOR GOVERNMENT, 2020-2030 ($MILLION)
FIGURE 15.DATA CENTER MARKET FOR ENERGY & UTILITIES, 2020-2030 ($MILLION)
FIGURE 16.DATA CENTER MARKET FOR OTHERS, 2020-2030 ($MILLION)
FIGURE 17.GLOBAL DATA CENTER, BY REGION,  2020 (%)
FIGURE 18.U.S. DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 19.CANADA DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 20.UK DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 21.GERMANY DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 22.FRANCE DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 23.ITALY DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 24.SPAIN DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 25.NETHERLANDS DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 26.REST OF EUROPE DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 27.CHINA DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 28.INDIA DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 29.JAPAN DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 30.SINGAPORE DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 31.AUSTRALIA DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 32.REST OF ASIA-PACIFIC DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 33.LATIN AMERICA DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 34.MIDDLE EAST DATA CENTER MARKET, 2020-2030 ($MILLION)
FIGURE 35.AFRICA DATA CENTER MARKET, 2020-2030 ($MILLION)

 
 

Modern enterprises globally have been continually adopting cloud computing solutions in almost all business aspects, including information storage, accounting, business communication, and daily business functions. A data center is a centralized physical facility that makes enterprise computing possible. Further, the rise in virtual infrastructure across prime enterprises is driving the need for build-in server rooms or data centers for virtualized networks; therefore, forecast to offers lucrative growth opportunities for the market growth. Furthermore, the data center is considered central to an enterprise’s IT operations, where most business data is processed, stored, and disseminated to users. In addition, the rise in demand for digitization across enterprises in emerging economies is expected to offer profitable opportunities for the data center market.

The global data center market is highly competitive, owing to the strong presence of existing vendors. Data center vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals, as they have the capacity to cater to the market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.

Rise in growth of demand for hybrid cloud infrastructure globally are driving the need for next generation to enhance data center technology. Moreover, prime economics, such as Germany and Japan, plan to developing and deploying next-generation data center across various sectors. For instance, according to new data from Synergy Research Group, the three largest public cloud vendors in the world Amazon, Microsoft, and Google collectively, accounted for more than 50 % of the world's largest data centers, which is anticipated to provide lucrative opportunities for market growth.

Among the analyzed geographical regions, North America exhibits the highest adoption of data center and has been experiencing massive expansion of the market. On the other hand, Asia-Pacific is expected to grow at a faster pace, predicting lucrative growth due to emerging countries such as China, Japan, and India investing in these technologies. Regions such as Middle East and Africa are also expected to provide new opportunities in the data center market in the future. 

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