Data Center Infrastructure Market Growth by Forecast to 2023

Posted by Ehtesham Peerzade on November 27th, 2020

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.

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.

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.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/data-center-infrastructure-market-4544

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Ehtesham Peerzade

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Ehtesham Peerzade
Joined: May 22nd, 2019
Articles Posted: 355

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