Data Center Market size was valued at US$ 141.16 Bn. in 2022 and the total revenue is expected to grow at 26% through 2023 to 2029, reaching nearly US$ 711.72 Bn
Data Center Market Overview:
A research team conducted extensive primary and secondary research for the Data Center market study of the worldwide industry. In order to augment already-existing data, segment the market, calculate the overall market size, and project market size and growth rate, secondary research was conducted.
Both primary and secondary research are used to determine the market’s leaders and to estimate market revenue. The main study includes in-depth interviews with influential thought leaders and subject matter experts, including CEOs, marketing executives, and seasoned front-line workers. In-depth interviews with significant thought leaders and industry professionals, including CEOs, marketing executives, and seasoned front-line staff, were undertaken as part of primary research, and secondary research included a review of the annual and financial reports of the major manufacturers. Use of secondary data
Data Center Market Scope:
The study supports an understanding of the Global Data Center Market dynamic structure by identifying and evaluating market segments and projecting market size. The study also contains a competitive analysis of major corporations based on price, financial status, application expansion goals, and geographical presence. A PESTLE analysis is also included in the report to assist shareholders in prioritizing their efforts and investments in the Global Data Center Market.
External and internal components that are expected to have a favorable or negative influence on firms have been investigated, providing decision-makers with a clear picture of the sector’s future. The study also aids in understanding the dynamic structure of the Global Data Center Market by examining market segments and predicting Data Center Market size. The report serves as a resource for investors by providing a complete depiction of the competitive analysis of major organizations in the Global Data Center Market based on pricing, financial state, growth plans, and geographical presence.
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Data Center Market Segmentation:
by Industry
IT & Telecom
BFSI
Energy
Manufacturing
Others
by Type
Traditional
Cloud
Hyperscale
by Deployment
On-Premise
Cloud
In 2022, the market was led by hyperscale data centres, which had a 40% share. Maximising cooling effectiveness, maintaining a balanced workload, and automating the facility are the main reasons propelling the market’s expansion. Factors include the ability to scale up when demand is high and scale down when demand is low, as well as lowering the cost of data disruptions and minimising downtime caused by excessive demands, among other things. A variety of industries, including IT & telecom, BFSI, public utilities, healthcare, energy, manufacturing, and others, can use hyperscale data centres in a variety of ways.
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Data Center Market Key Players: The key players are
1. Digital Realty
2. Nvidia
3. Oracle
4. Alphabet Inc.
5. Fujitsu Ltd
6. Reliance Group
7. Capgemini SE
8. HCL Technologies Limited
9. Sify Technologies Limited
10.IBM Corporation
11.Cisco Systems Inc.
12.Hewlett Packard Enterprise Company
13.Hitachi Ltd
14.Equinix Inc.
Data Center Market Regional Analysis:
A country-level examination of the Data Center Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Data Center Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.
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COVID-19 Impact Analysis on Data Center Market: The report covers COVID-19 impact on Data Center market.
Key Questions Answered in the Data Center Market Report are:
- What will be the Data Center market’s CAGR throughout the projected period?
- Which market category emerged as the market leader in the Data Center market?
- Who are the key players in the Data Center market?
- How big will the Data Center market be in 2027?
- Which firm had the biggest market share in the Data Center market?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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