Data Centers Market by Type (Cloud Data Centers, Colocation Data Centers, Enterprise Data Centers), IT Infrastructure (Network, Server, Storage), Data Center Rating, Component, End-Use Industry - Global Forecast 2024-2030
The Data Centers Market size was estimated at USD 58.44 billion in 2023 and expected to reach USD 64.77 billion in 2024, at a CAGR 10.92% to reach USD 120.79 billion by 2030.
Data centers are specialized facilities designed to store, process, and manage vast amounts of data and information. The essential components of a data center design include routers, switches, firewalls, storage systems, servers, and application-delivery controllers, which are used to assemble, process, store and disseminate significant amounts of data. The rise in the volume of data traffic and the need for efficient computation, data storage, and network across the end-use sectors are expanding the deployment of data centers worldwide. The increasing use of content-based online media services and growing social media platforms surge the adoption of data centers by enterprises across the globe. However, the high cost of designing and constructing data centers and data security issues may adversely impact its use across various economies. In addition, the integration and adoption of innovative technologies in data centers are expected to facilitate development of data centers worldwide.
Regional InsightsThe data centers market in the Americas region is highly advanced, with a strong IT sector and the adoption of novel technologies in major end-use sectors. The Asia-Pacific region is witnessing increased use of digital solutions and networked systems by SMEs and the general population. Supportive government frameworks are driving the expansion of the 5G network-based data centers combined with the surge in the adoption of digital technologies by end-user industries in the APAC region. The large IT workforce in countries such as India and China also propels the deployment of data center facilities. The operation and working of data centers in the EMEA region have increased significantly in the past decade due to digital transformation and automation. In addition, huge investments are made by end-users to integrate new digital technologies. Increasing focus on sustainability and the rising transformation of economies into a digitally empowered society with the amalgamation of cutting-edge technologies in data centers is anticipated to encourage the deployment of data centers across the end-use sectors in the upcoming years.
FPNV Positioning MatrixThe FPNV Positioning Matrix is pivotal in evaluating the Data Centers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share AnalysisThe Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Data Centers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company ProfilesThe report delves into recent significant developments in the Data Centers Market, highlighting leading vendors and their innovative profiles. These include Alibaba Group Holding Limited, Amazon Web Services, Inc., Apple Inc., AT&T Inc., China Telecommunications Corporation, Cisco Systems, Inc., CoreSite Realty Corporation., CyrusOne LLC, Dell Technologies Inc., Digital Realty Trust, Inc., Equinix, Inc., Fujitsu Limited, Global Switch Holdings Limited, Google LLC by Alphabet Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Lenovo Data Center Group, Lumen Technologies, Inc, Microsoft Corporation, NTT Communications Corporation, Oracle Corporation, Rackspace Technology, Inc., Reliance Communications Ltd, Telefonaktiebolaget LM Ericsson, Tencent Cloud, and Verizon Communications Inc..
Market Segmentation & CoverageThis research report categorizes the Data Centers Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
Cloud Data Centers
Colocation Data Centers
Enterprise Data Centers
Mega or Hyperscale Data Centers
IT Infrastructure
Network
Server
Storage
Data Center Rating
Tier 1
Tier 2
Tier 3
Tier 4
Component
Hardware
Services
Consulting Services
Managed Services
Professional Services
Solution
End-Use Industry
BFSI
Government
Healthcare
IT & Telecommunication
Manufacturing
Retail
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:1. What is the market size and forecast of the Data Centers Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Data Centers Market?
3. What are the technology trends and regulatory frameworks in the Data Centers Market?
4. What is the market share of the leading vendors in the Data Centers Market?
5. Which modes and strategic moves are suitable for entering the Data Centers Market?PDF E-mail From Publisher (2-5)Users License