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The report is titled as ‘Data Center Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the data center market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The data center market is expected to grow at a significant rate in the near future.
The global data center market was valued US$ 4.2 Bn at the end of 2020 and expected to reach at a value of US$ 6.0 Bn by 2028 with a significant CAGR of 4.5%.
A data center basically can be understood as a consolidated vault, either virtual or physical, used mainly for the storage, administration and distribution of data and information organized around a particular body of knowledge or referring to a particular business. At its simplest, a data center is a tangible service that organizations can utilize to store their critical data and applications securely.
The structure of the data center is based on a network of storage and computing resources that allow the delivery of shared data and applications. The major elements of a data center design consist of switches, routers, storage systems, firewalls, application-delivery, servers, and controllers. Noticeably, the large data centers are industrial scale operations using as much electricity as a small town. Although, modern data centers are way different than they were just a little while ago.
The infrastructure of the data centers has transitioned from conventional on-site tangible servers to virtual networks that assists workloads and applications across amalgamate of physical infrastructure and into a multiple cloud environment.
In this present day and age, data is present in huge amounts and is associated across many data centers, the edge, and private and public clouds. Even the public cloud is an assemblage of data centers. When applications are accommodated in the cloud, they are using data center resources from the cloud provider.
Today is the generation of cloud computing where over the web data is managed from remote locations. These remote locations access, store, process, deposits, and backs up all the data in the central servers situated in particular buildings.
Data center can be perceived as a remote location where all these servers are assembled in conformity with the craft of technology. The expeditiously rising volume of data and associated surging demand of data storage management, worldwide, is one of the primary factors that is driving the growth of the global data center market.
In addition, the rapidly emerging demand of cloud technology, high-performance computing (HPC) and the widespread growth in Internet and Social Media usage is also positively fueling the growth of the global data center market. Data centers not only have the potential to store the data, but also it can smoothly process and retrieve data in large amounts, which also acts as a positive factor for further growth of the global data center market in the years to come.
Other than that, the cutthroat business environments, in the present-day world, are briskly compelling pressure on IT employees to perform and achieve more and more every year with decreased budgets. For that reason, there is a soaring need for competitive edge, flexibility and agile time to market, owing to which the IT organizations are curiously finding novel solutions that are more cost-effective and more efficient than their former or existing solutions. Consequently, the advanced data centers are projected to witness substantial growth owing to the enormous potential to meet all the needs, thus the global data center market is projected to grow expeditiously in the forthcoming years.
Other than that, several different industries across the world, such as banking and financial institutions, healthcare, retail, IT and telecommunications industries comprehensively make use of data centers, which is further expected to propel the demand of data centers in the global market, thus boosting the growth of the global data center market over the forecast period.
Apart from that, the global markets have also been observing growing demand for operational efficiency, mobility, bandwidth from different enterprises, security, and escalating cloud-based deployment, as well as elevating demand for automation are estimated to augment the global data center market in the near future.
Furthermore, the modern-day data centers are aiming their attention on real-time data analytics for showing the needed visibility to complicated business decisions. Such factors are also anticipated to thrust the growth of the global data center market over the coming years.
The global data center market is segmented on the basis of type, density, vertical and regions. On the basis of type, the data center market is segmented into corporate data centers and web hosting data centers. On the basis of density, the market is categorized into low, medium, high, and extreme. Furthermore, the data center market is segmented on the basis of vertices into banking & financial services, telecom and IT, government, healthcare, and others.
The research report classifies the global data center market based on type, density, vertical and regions.
Corporate Data Centers
Web Hosting Data Centers
Low
Medium
High
Extreme
Banking & Financial Services
IT and Telecommunications
Government
Healthcare
Others
North America
Latin America
Africa
Europe
Asia Pacific
Middle East
The global data center market is dominated by Digital Realty Trust, Inc., IBM Corporation, Hitachi Ltd, Cisco System, Inc., Hewlett-Packard Inc., EMC Corporation, CyrusOne, Global Switch, DuPont Fabros Technology and Telehouse., among others.
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the data center market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of data center
Advantages of data center
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Data Centre Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Data Centre Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Data Centre Market Snapshot
2.4. Global Data Centre Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Data Centre Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. SWOT Analysis
3. Data Centre Assessment and Analysis
3.1. Data Centre Impact Analysis
3.2. Actions to encourage use of Data Centre
3.3. Data Centre Promotional Strategy Recommendation
3.4. Road Map Analysis
3.5. GAP Analysis
3.6. Potential Analysis
4. Covid-19 Impact on Data Centre Market
5. Global Data Centre Market, By Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Type
5.1.2. BPS Analysis, By Type
5.2. Market Revenue (US$Mn) and Forecast, By Type
5.2.1. Corporate Data Centres
5.2.2. Web Hosting Data Centres
5.3. Global Data Centre Market Attractiveness Index, By Type
6. Global Data Centre Market, By Density
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Density
6.1.2. BPS Analysis, By Density
6.2. Market Revenue (US$Mn) and Forecast, By Density
6.2.1. Low
6.2.2. Medium
6.2.3. High
6.2.4. Extreme
6.3. Global Data Centre Market Attractiveness Index, By Density
7. Global Data Centre Market, By Vertices
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Vertices
7.1.2. BPS Analysis, By Vertices
7.2. Market Revenue (US$Mn) and Forecast, By Vertices
7.2.1. Banking & Financial Services
7.2.2. IT and Telecommunications
7.2.3. Government
7.2.4. Healthcare
7.2.5. Others
7.3. Global Data Centre Market Attractiveness Index, By Vertices
8. Global Data Centre Market, By Region
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Region
8.1.2. BPS Analysis, By Region
8.2. Market Revenue (US$Mn) and Forecast, By Region
8.2.1. North America
8.2.2. Latin America
8.2.3. Europe
8.2.4. Asia Pacific
8.2.5. Middle East
8.2.6. Africa
8.3. Global Data Centre Market Attractiveness Index, By Region
9. North America Data Centre Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) and Forecast, By Country
9.2.1. U.S. Data Centre Market
9.2.2. Canada Data Centre Market
9.3. North America Data Centre Market, By Type
9.3.1. Corporate Data Centres
9.3.2. Web Hosting Data Centres
9.4. North America Data Centre Market Revenue (US$Mn) and Forecast, By Density
9.4.1. Low
9.4.2. Medium
9.4.3. High
9.4.4. Extreme
9.5. North America Data Centre Market Revenue (US$Mn) and Forecast, By Vertices
9.5.1. Banking & Financial Services
9.5.2. IT and Telecommunications
9.5.3. Government
9.5.4. Healthcare
9.5.5. Others
9.6. North America Data Centre Market Attractiveness Index
9.6.1. By Country
9.6.2. By Type
9.6.3. By Density
9.6.4. By Vertices
10. Latin America Data Centre Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. Brazil Data Centre Market
10.2.2. Mexico Data Centre Market
10.2.3. Rest Of Latin America Data Centre Market
10.3. Latin America Data Centre Market, By Type
10.3.1. Corporate Data Centres
10.3.2. Web Hosting Data Centres
10.4. Latin America Data Centre Market Revenue (US$Mn) and Forecast, By Density
10.4.1. Low
10.4.2. Medium
10.4.3. High
10.4.4. Extreme
10.5. Latin America Data Centre Market Revenue (US$Mn) and Forecast, By Vertices
10.5.1. Banking & Financial Services
10.5.2. IT and Telecommunications
10.5.3. Government
10.5.4. Healthcare
10.5.5. Others
10.6. Latin America Data Centre Market Attractiveness Index
10.6.1. By Country
10.6.2. By Type
10.6.3. By Density
10.6.4. By Vertices
11. Europe Data Centre Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. U.K. Data Centre Market
11.2.2. Germany Data Centre Market
11.2.3. Italy Data Centre Market
11.2.4. France Data Centre Market
11.2.5. Spain Data Centre Market
11.2.6. Russia Data Centre Market
11.2.7. Rest Of Europe Data Centre Market
11.3. Europe Data Centre Market, By Type
11.3.1. Corporate Data Centres
11.3.2. Web Hosting Data Centres
11.4. Europe Data Centre Market Revenue (US$Mn) and Forecast, By Density
11.4.1. Low
11.4.2. Medium
11.4.3. High
11.4.4. Extreme
11.5. Europe Data Centre Market Revenue (US$Mn) and Forecast, By Vertices
11.5.1. Banking & Financial Services
11.5.2. IT and Telecommunications
11.5.3. Government
11.5.4. Healthcare
11.5.5. Others
11.6. Europe Data Centre Market Attractiveness Index
11.6.1. By Country
11.6.2. By Type
11.6.3. By Density
11.6.4. By Vertices
12. Asia Pacific Data Centre Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. China Data Centre Market
12.2.2. India Data Centre Market
12.2.3. Japan Data Centre Market
12.2.4. Australia and New Zealand Data Centre Market
12.2.5. South Korea Data Centre Market
12.2.6. Rest of Asia Pacific Data Centre Market
12.3. Asia Pacific Data Centre Market, By Type
12.3.1. Corporate Data Centres
12.3.2. Web Hosting Data Centres
12.4. Asia Pacific Data Centre Market Revenue (US$Mn) and Forecast, By Density
12.4.1. Low
12.4.2. Medium
12.4.3. High
12.4.4. Extreme
12.5. Asia Pacific Data Centre Market Revenue (US$Mn) and Forecast, By Vertices
12.5.1. Banking & Financial Services
12.5.2. IT and Telecommunications
12.5.3. Government
12.5.4. Healthcare
12.5.5. Others
12.6. Asia Pacific Data Centre Market Attractiveness Index
12.6.1. By Country
12.6.2. By Type
12.6.3. By Density
12.6.4. By Vertices
13. Middle East Data Centre Market Analysis and Forecast, 2020–2028
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. GCC Countries Data Centre Market
13.2.2. Israel Data Centre Market
13.2.3. Rest Of Middle East Data Centre Market
13.3. Middle East Data Centre Market, By Type
13.3.1. Corporate Data Centres
13.3.2. Web Hosting Data Centres
13.4. Middle East Data Centre Market Revenue (US$Mn) and Forecast, By Density
13.4.1. Low
13.4.2. Medium
13.4.3. High
13.4.4. Extreme
13.5. Middle East Data Centre Market Revenue (US$Mn) and Forecast, By Vertices
13.5.1. Banking & Financial Services
13.5.2. IT and Telecommunications
13.5.3. Government
13.5.4. Healthcare
13.5.5. Others
13.6. Middle East Data Centre Market Attractiveness Index
13.6.1. By Country
13.6.2. By Type
13.6.3. By Density
13.6.4. By Vertices
14. Africa Data Centre Market Analysis and Forecast, 2020–2028
14.1. Introduction
14.1.1. Annual Growth Rate Comparison, By Country
14.1.2. BPS Analysis, By Country
14.2. Market (US$Mn) Forecast, By Country
14.2.1. South Africa Countries Data Centre Market
14.2.2. Egypt Data Centre Market
14.2.3. North Africa Data Centre Market
14.2.4. Rest of Africa Data Centre Market
14.3. Africa Data Centre Market, By Type
14.3.1. Corporate Data Centres
14.3.2. Web Hosting Data Centres
14.4. Africa Data Centre Market Revenue (US$Mn) and Forecast, By Density
14.4.1. Low
14.4.2. Medium
14.4.3. High
14.4.4. Extreme
14.5. Africa Data Centre Market Revenue (US$Mn) and Forecast, By Vertices
14.5.1. Banking & Financial Services
14.5.2. IT and Telecommunications
14.5.3. Government
14.5.4. Healthcare
14.5.5. Others
14.6. Africa Data Centre Market Attractiveness Index
14.6.1. By Country
14.6.2. By Type
14.6.3. By Density
14.6.4. By Vertices
15. Competitive Landscape
15.1. Competition Dashboard
15.2. Company Profiles
15.2.1. Digital Realty Trust, Inc.
15.2.1.1. Company Overview
15.2.1.2. Financial Overview
15.2.1.3. Key Developments
15.2.1.4. Strategies
15.2.1.5. Product Analysis
15.2.2. IBM Corporation
15.2.3. Hitachi Ltd
15.2.4. Cisco System, Inc.
15.2.5. Hewlett-Packard Inc.
15.2.6. EMC Corporation
15.2.7. CyrusOne
15.2.8. Global Switch
15.2.9. DuPont Fabros Technology
15.2.10. Telehouse
16. Acronyms