A Data Center is a physical facility, which organizations use to store their critical applications and data. The design of any Data Center is based on a network of computing and storage resources, which enable the delivery of shared applications and data. The several components of any data Center design basically include routers, switches, firewalls, storage systems, servers, and application – delivery controllers. In today’s era, data exists and is connected across various multiple data Centers, the edge, the public, and the private clouds. A typical Data Center must be able to communicate across these multiple sites, both on – premises and over the cloud based services. Even the public cloud is a collection of Data Centers. Whenever the applications are hosted over the cloud, they are using data Center resources from the respective cloud providers.
Global Data Center Support Infrastructure Market
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Objective of the Global Data Center Support Infrastructure Market:
The objective of the report is to present a comprehensive analysis of the Global Data Center Support Infrastructure Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Data Center Support Infrastructure Market dynamics, structure by analyzing the market segments and project the Global Data Center Support Infrastructure Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Data Center Support Infrastructure Market makes the report investor’s guide.
Global Data Center Support Infrastructure Market Scenario:
The Global Data Center Support Infrastructure Market was valued around at $45 Bn in the year 2019, and is projected to reach $XX Bn by the year 2027, growing at a CAGR of almost 11% during the forecasted period.
Global Data Center Support Infrastructure Market Overview:
• Increased Organizational and Consumer Data
The introduction of 5G technology is seen to bring a new beginning in the connectivity landscape and also a great shift in the gaming industry. It is a matter of fact that almost all the countries around the globe are working on launching 5G technology in order to gain broader microeconomic benefits. As the Data Center Support infrastructure approach requires a very high transmission rate, the inability of 5G technology would definitely help the users achieve the same, without much network issues. Therefore, the development or the launching of 5G technology could definitely be considered as a boon for the Data Center Support Infrastructure market during the forecast period.
• Rising Trend of Virtualization
The purchasing and the assembly costs of any typical gaming system nowadays ranges around $400 – $5000. It is observed that the price surge of the consoling systems, is losing potential customers. While, on the contrary, the Data Center Support Infrastructure approach allows the users to play without spending much on the hardware and consoles. Hence, this factor directly results in cost savings and could drive the market of Data Center Support Infrastructure in the future times.
• Emerging Cooling Technologies
The introduction of latest cooling technologies use of renewable sources of power, in the data Centers is a huge challenging factor to be overcome. This factor, in turn, could also act as one of the major restraint for the data Center support infrastructure market during the forecast period.
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Global Data Center Support Infrastructure Market Segmentation
The report for the global Data Center Support Infrastructure market is studied across the four major segments:
Global Data Center Support Infrastructure Market, By Type of Infrastructure
o Monitoring & Measurement
Global Data Center Support Infrastructure Market, By Component
The Hardware segment by component is expected to grow with the highest CAGR of XX% during the forecast period, owing to the rise in the demand for data storage and applications from various the number of enterprises.
Global Data Center Support Infrastructure Market, By Application
o IT & Telecom
Global Data Center Support Infrastructure Market, By Geography
o North America
o South America
o Asia Pacific
o Middle East & Africa
Asia Pacific region is expected to grow with the highest market share of XX% in the global Data Center Support Infrastructure market, during the forecast period. The substantial growth of the region is basically attributed to the presence of the huge number of smartphone users and several electronic companies. Also, the increase in the number of data Centers, specifically in India and China, with China accounting for the major share in IT & Telecom sector growth is would further help in driving the market of Data Center infrastructure globally.
Global Data Center Support Infrastructure Market Competitive Landscape
• The major key players operating in this market include –
o Airedale International Ltd.
o Black Box Corporation
o Eaton Corporation
o Vertiv Group
o IBM Corporation
o Equinix Inc.
o Banco Santander
o Interxion Holding N.V.
o Microsoft Corporation
o NTT Communications
o Facebook Inc.
o Submer Technologies
o Ascently Data Centers
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