Datacenters Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2033Posted by Ashish on January 19th, 2023 In 2022, the market for datacenters is expected to be worth over US$ 202,612.5 Mn. According to estimates, the market for datacenters will be worth US$ 219,001.5 Mn in 2023 and US$ 554,431.8 Mn in 2033, increasing at a CAGR of 9.8%. Datacenters are places where there are lots of computers, servers, and other network-connected devices like modems and routers. These facilities are used for a variety of reasons that need the storage of information, the processing of data, and the provision of necessary resources to the end users by a number of diverse businesses, institutions, or a single entity. One of the primary drivers for datacenters is providing the user’s access to cloud computing technology and solutions for numerous enterprise and end user purposes, the use of this technology is increasing in industries since companies and end users do not need to invest in the hardware and software, seek cloud services, that are underpinned by datacenter infrastructure and services. Many large enterprises can afford their own private data centers. By region, the market in North America held the largest market share of 28.8% in in 2022, followed by Europe with a market share of 24.4% for the same year. Click for More Info @ https://www.persistencemarketresearch.com/market-research/datacenters-market.asp Like it? Share it! More by this author |