Data Centre Market Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast To 2027
Data Centre Market Demand, Industry Size, Top Players,
Opportunities, Sales, Revenue and Regional Forecast To 2027
Global Data Center Market, By Type (Corporate data centers, Web hosting
data centers), Density (Low, Medium, High, Extreme), and Verticals (Banking
& Financial Services, Telecom & IT, Government, Healthcare) – Forecast to
2027
Market Scenario
The upswing in data storage management is estimated to power the growth of the data
center market 2020. The ICT industry reports are produced by Market Research Future,
which highlights market options for expansion. A CAGR of 11% is expected to guide the
market development in the forecast period.
Then influence of cloud technology is projected to motivate the expansion of the data
centre industry in the coming period. The demand for data center from the corporate
sector is especially projected to reshape the development of the data center market in eh
forecast period.
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Market Segments
The segmental insights into the data center market are segmented on the basis of density,
type, region and vertical. On the basis of type, the data center market is divided into web
hosting data centers and corporate data centers. On the basis of density, the data center
market is segmented into medium, low, high, and extreme. The vertical-based
segmentation of the data center market includes government, telecom and IT, banking &
financial services, healthcare, and others. Based on the region, the data center market is
segmented into North America, Europe, Asia Pacific, and Rest of the regions.
Detailed Regional Study
The regional scrutiny of the data center market covers regions such as North America, Europe,
Asia Pacific, and Rest of the regions. The North American region is anticipated to be
responsible for the principal share of the market, while the Asia Pacific region is expected to
develop at the top rate for the duration of the forecast. As compared to the other regions, the
Asia Pacific region is expected to observe a noteworthy expansion throughout the forecast
period. The nations of India and China are likely to compel the development of the Asia Pacific
regional data center market due to the speedy development in data and data intelligent
devices. The North American regional market growth is accredited to mounting investments in
data centers and rising importance of community cloud systems.
Key Players
The upgrades in production methods are estimated to transform the potential of the market in
the forecast period. The balance in demand and supply in the market will prove as an
encouraging growth factor in the forecast period. The market is expected to record a stable
growth rate in the coming years. The market competitors are expected to play a key role in the
development of the global market.
The development of adequate sources of raw material is predicted to further transform
the market in the upcoming period. The availability of strong government support and the
presence of encouraging policies are expected to enliven the growth prospects in the
approaching period. The incidence of options that can be favorably capitalized on are
aiding the market players in improving their overall position in the market. The competition
in the market is manageable which is inducing the entry of new players in the global
market.
The top companies in the data center market are IBM Corporation (U.S), Hitachi Ltd
(Japan), Hewlett-Packard Inc. (U.S), Cisco System, Inc. (U.S), Digital Realty Trust, Inc.
(U.S), EMC Corporation(U.S), Global Switch (U.K), DuPont Fabros Technology(U.S),
CyrusOne (U.S), and Telehouse (U.K).
Industry Updates:
Mar 2020 Aruba has made active a novel worldwide cloud data centre, situated at its
technology site on the outskirts of Milan and Cogent is estimated to be the internet
service provider. The novel data centre is assumed to offer augmented global
accessibility and improved connectivity to customers. This network offers services to
about 204 markets and links 6,840 additional networks. This operator increases the range
of carriers accessible within the Global Cloud Data Center and provides customers
access to a wider range of choices.
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