Data Center Infrastructure Market Growth, Competitive Analysis, Business Opportunities, And Regional Forecast To 2027
Market Highlights
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.
However, the
outbreak of COVID-19 pandemic is likely to affect global market dynamics. The
data analysts at MRFR have meticulously researched the COVID-19 environment and
have presented the report on the global data center infrastructure market. We
will provide an impact analysis report on COVID-19.
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Key Players
The established
players of the global data center infrastructure market are Huawei Technologies
Co. Ltd. (China), Dell EMC. (US), Hewlett Packard Enterprise (US), Cisco
Systems, Inc. (US), International Business Machines Corporation (US), Microsoft
Corporation (US), VMware, Inc. (US), Oracle Corporation (US), Lenovo Group Ltd.
(US), NetApp, Inc. (US), and a few others.
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).
Regional Analysis
The global
market is estimated to rise significantly during the review period. Regions
such as North America, Asia-Pacific, Europe, and the Rest of the World (RoW)
have been evaluated thoroughly. As per the study, North America is estimated to
reign the global market. It acquires the largest market share because of the
increasing demand to monitor the voluminous data. On the other hand, the APAC
region is projected to grow at the highest CAGR in the forthcoming period.
Countries like India, China, and Japan are estimated to make the most
substantial contribution in enlarging the market. Among all, India has been
projected to be the most lucrative market and is attracting several MNCs.
Established firms such as IBM Corporation, Oracle Corporation, and Microsoft
Corporation have already established their data center infrastructure across
India, which has been favouring the market expansion significantly during the
review period. The Europe region is estimated to grow significantly during the
forecast period. The region is witnessing demand for DC infrastructure to
assure the efficient delivery of data center operations and management
services.
However, market
dynamics are likely to change significantly due to the outbreak of COVID-19.
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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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