Wednesday, January 26, 2022

data center market will grow to $519.34 billion | The adoption of multi-cloud and network upgrades to support 5G will drive growth. technavio

Top five data center companies:

  • Alphabet Inc – The company owns and operates high-performing, secure, reliable and efficient data centers and storage services globally through its subsidiary Google.
  • Amazon.com Inc. , The company offers a wide range of secure data centers, including Amazon EC2, Amazon Simple Storage Services (S3), Amazon Aurora, Amazon DynamoDB, Amazon RDS, AWS Lambda, and Amazon VPC.
  • Cisco Systems Inc. , The company provides expandable data center systems that enhance the ease of hyper-convergence from core to edge and multicloud; High-density, low-latency, and power-efficient data center switches; and software for automating IT processes in the computing, network and storage layers in physical and virtual environments.
  • Equinix Inc. , ECX Fabric directly connects the globally distributed infrastructure and digital ecosystem on the platform Equinix through a software-defined interconnection.
  • Microsoft Corporation – The company provides durable and reliable cloud infrastructure, which includes both physical infrastructure and connective network components. Each Azure datacenter provides high availability, low latency, scalability and the latest advancements in cloud infrastructure.

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Data Center Market Component Outlook (Revenue, USD bn, 2020-2025)

  • IT Infrastructure – Size and Forecast 2020-2025
  • Power Management System – Size and Forecast 2020-2025
  • Mechanical construction – size and forecast 2020-2025
  • General construction – size and forecast 2020-2025
  • Security Solutions – Size and Forecast 2020-2025

The data center market share growth by IT infrastructure segment will be significant during the forecast period. Datacenter information technology (IT) infrastructure includes all the IT equipment, infrastructure and solutions required to set up or scale a data center. The use of such IT infrastructure is increasing due to increased demand for computing power and storage to support the growth in global data traffic. Globally, enterprises have embraced cloud technologies and are moving their data from on-premises data centers to cloud-based data centers. This trend is expected to continue during the forecast period to generate demand for server and storage infrastructure and other IT equipment.

Data Center Market Geography Outlook (Revenue, USD bn, 2020-2025)

  • North America – Size and Forecast 2020-2025
  • APAC – Size and Forecast 2020-2025
  • Europe – Size and Forecast 2020-2025
  • South America – Size and Forecast 2020-2025
  • Ministry of External Affairs – Size and Forecast 2020-2025

Expected to dominate the data center market North America during the forecast period. The US is the leading country for the data center market in this region. The market growth in this area will be slower than the market growth Europe, APAC, and South America, Enterprise adoption of cloud services across industries in the US and Canada will accelerate the growth of the data center market in North America during the forecast period.

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Data Center Market Scope

report coverage

Description

page number

120

base year

2020

forecast period

2021-2025

Growth pace and CAGR

Accelerating at a CAGR of 21%

Market Growth 2021-2025

USD 519.34 billion

market structure

fragmented

Year-on-Year Growth (%)

18.30

regional analysis

North America, APAC, Europe, South America and MEA

performance market contribution

North America 35%

major consumer countries

US, China, UK, Australia, Japan and Germany

competitive landscape

Leading Companies, Competitive Strategies, Scope of Consumer Engagement

Profiled companies

Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Equinix Inc., Microsoft Corp., NTT DATA Corp., Oracle Corp., SAP SE, Huawei Investment & Holding Co. Ltd., and International Business Machines Corp.

market dynamics

Basic market analysis, market growth indicators and constraints, fast growing and slow growing segment analysis, COVID-19 impact and future consumer dynamics, analysis of market conditions for the forecast period

range of customization

If our reports don’t include the data you’re looking for, you can contact our analysts and get the segments customized.

Technavio. About this

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market position.

With over 500 specialized analysts, Technavio’s report library includes over 17,000 reports and counting, covering 800 technologies spread across 50 countries. Their customer base includes enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position within changing market scenarios.

Contact

Technavio Research
Jessie Flour
Media and Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

source technavio

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