Title: Data Center Infrastructure Market to be valued $90bn by 2024
1Data Center Infrastructure Market Trends Growth
Forecast Research 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Data Center Infrastructure
Market
- Data Center Infrastructure Market was valued at
around USD 40 billion in 2017, and to cross USD
90 billion by 2024 according to a new research
report by Global Market Insights, Inc. Rising
digitalization and the demand for online services
are making it vital for the operators to store
and efficiently manage the data generated, which
is expected to offer an impetus to the data
center infrastructure market growth. Government
initiatives aiding SME growth and the rapid
increase in the organizational data are fueling
the growth of data centers. - This is causing a rise in the expenditure on
infrastructure technologies such as cooling,
power, and networking, among others. New and
advanced technologies, such as evaporative and
free cooling and facilities equipped with AI,
also aid in augmenting the overall efficiency of
the facilities, thereby driving the data center
infrastructure market growth.
3Continued...
- The data center infrastructure market is
witnessing new advancements in power and cooling
solutions. The implementation of technologies,
such as grid computing and cloud computing in
facilities, is expected to boost the data center
infrastructure market growth. The use of
technological solutions, such as analytics and
cloud, has compelled organizations to focus on
these facilities to store information. Companies
are launching new and innovative solutions to
expand their market presence. For instance, in
January 2018, Cisco Networking, Computing, and
Security Technology were selected by Ameritas, an
insurance company, for upgrading its
infrastructure to improve the operational
efficiency and agility. - Increasing number of facilities across the globe
coupled with the rising demand for data storage,
management, and backup is expected to fuel the
demand for networking equipment in the data
center infrastructure market. Networking
equipment includes Ethernet switches, WAN,
SD-WAN, and application delivery controllers.
4Europe data center infrastructure market, by
product, 2017 2024 (USD Million)
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6Continued...
- Growing complexity in the management of enormous
data volume generated by enterprises is
compelling the adoption of new infrastructure
allowing security, visibility, and automation of
data. Networking equipment forms a crucial part
of the infrastructure. The equipment enables a
strong connection between data center nodes and
the equipment to ensure that they can transfer
and communicate data. - Colocation data center infrastructure market is
gaining popularity among organizations to reduce
the expenses associated with maintaining and
building facilities. Colocation facilities
accounted for over USD 10 billion in 2017,
provide end users server security, storage,
cooling, power, and networking equipment.
Constructing a new facility drains the companys
money, time, and labor owing to which the
colocation market is witnessing a growing demand.
Colocation vendors are providing improved
maintenance and services to businesses to
maximize their productivity, which is enabling
enterprises to focus on their core business with
efficient data management.
7Continued...
- Rising investments by various business and
companies across the Nordic region coupled with
growing number of the facilities are anticipated
to drive the Europe data center infrastructure
market to reach over USD 30 billion by 2024.
Current technological developments such as
Industry 4.0, big data, and cloud computing are
the major drivers of the Germany data center
infrastructure market. Increasing number of
manufacturers is stressing on replacing human
labor by automation. - The incorporation of IoT and rise in the number
of connected devices are contributing to the
exponential rise in the data. Germany being a
highly developed industrial sector, the country
possesses a modern infrastructure and
manufacturing industrial sectors. Several
manufacturing companies are stressing the need
for enhanced facilities for their businesses,
thereby driving the data center infrastructure
market growth.
8Industry Coverage
9Continued...
- Key companies in the data center infrastructure
market comprise Vertiv Group Corporation, Submer
Technologies Sl., Schneider Electric S.E., Rittal
GmbH Co., KG, Panduit Corporation, Eaton
Corporation PLC, Dell, Inc., Degree Controls,
Inc., ClimateWorx International, Black Box
Corporation, Asetek, ANEXIA Internetdienstleistung
s GmbH, and Airedale International Air
Conditioning Ltd., among others. - Intense competition is being witnessed in the
industry, with several large businesses and SMBs
implementing innovative and efficient
infrastructure facilities for their businesses.
This initiative is being undertaken by companies
to withstand in the intensely competitive
environment. Numerous businesses prefer the
construction of new facilities to gain a
competitive edge in the data center
infrastructure market.
10Table Of Content (TOC-)
- Chapter 1 Methodology Scope
- 1.1 Methodology
- 1.1.1 Initial data exploration
- 1.1.2 Statistical model and forecast
- 1.1.3 Industry insights and validation
- 1.1.4 Definition and forecast parameters
- 1.1.4.1 Definitions
- 1.1.4.2 Methodology and forecast parameters
- 1.2 Data Sources
- 1.2.1 Secondary
- 1.2.2 Primary
- Chapter 2 Executive Summary
- 2.1 Data center infrastructure industry 3600
synopsis, 2013 - 2024 - 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product trends
- 2.1.4 Component trends
- 2.1.5 Application trends
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