Data Center Market Data Center Market is likely to accelerate at a high CAGR of 13.8% to top US$ 279 Bn by 2032

Fact.MR states the global sales of big data market are expected to surpass US$ 279 Bn by registering a CAGR of 14.3% in the forecast period 2022-2032. Governments across countries, including China, India, the U.S., U.K. and others are increasing digital infrastructure investments for developing robust data centers. Public-private partnerships are driving digital infrastructure growth at a much faster pace. For instance, the U.K. government announced more than US$ 1 Bn for digital infrastructure development to emerge as digital hub. Data centers are broadly deployed in the IT & telecom and BFSI sectors due to their high-end capabilities of data saving and security. Overall, the global data center market is slated to grow 3.6X over the decade.

Historically, from 2017 to 2021, the sales of big data exceeded US$ 77 Bn by the end of the aforementioned period. Although the onset of COVID-19 pandemic disrupted flow flow chain for various industries but it paved way for technology. As work from home became the new normal, the demand for admistrating and managing work increased. Thus, the sales of big data are expected to grow by leaps and bounds in the upcoming assessment period.

The trend of green data centers has gained high traction, given the increasing need for cost-effective and energy savings along with enhanced efficiency and sustainability. Largely driven by digitization in every industry, data centers are expected to witness potential growth prospects across mature as well as emerging markets. Market participants are leveraging on the megatrend of digitalization. The prime strategy adopted by market frontrunners is enriching their services through value addition at each node of their offerings.

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Data Center  Market – Scope of Report:

A latest publication by Fact.MR on the global Data Center  market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2022-2032.

Important indicators for the successful growth of the Data Center  market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Data Center  supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Data Center  market, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Competitive Landscape

• IBM Corporation, a key market player is offering its services to different end user industries by customizing services according to the demand of end users. The company is focusing on providing services that will make work seamless
• IBM Corporation, Google LLC, Equinix, Inc, AT&T Inc, Hewlett Packard Enterprise Co and Honeywell International are prominent data center market players.

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Report benefits & key questions answered

• Post covid consumer spending on Data Center : the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Data Center demand outlook: the market intelligence study reports highlights the factor propelling the demand for Pulse Oximeters. As per the study, the demand for Data Center  will grow through 2032.
• Data Center historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2022-2032.
• Data Center consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Data Center  Market Segmentations:

• By Type :

  • New Data Centers
    • Internal Data Centers
    • Service Provider Data Centers
  • Data Center Rebuild

• By Application :

  • Data Centers for IT & Telecom
  • Data Centers for BFSI
  • Data Centers for Governments
  • Data Centers for Healthcare
  • Others

• By Consulting :

  • Network Design
  • Network Design & Planning
  • Security Consulting
  • Network Analysis
  • Benchmarking
  • Needs Assessment
  • Operation Assessment
  • Process Improvement

• By Integration :

  • Project Management
  • Installation
  • Test & Debug
  • Custom Software Development
  • Security Implementation
  • Change Management
  • System Configuration
  • Training & Site Preparation

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