Industry Outlook and Trend Analysis
The Data Center market is expected to garner lucrative market share by 2022, while registering itself at significant compound annual growth rate (CAGR) during the forecast period. A data center is a unified office for storage purposes and processing. It incorporates storage arrays, servers, networking equipment, and supporting services, for example, cooling and powering arrangements. Data centers are set up by ventures or business organization managing in cloud-based service offerings. There are likewise many ventures that are engaged with the development of facilities of data center with contemporary infrastructure and lease space for extensive endeavors and in addition SMEs, named as colocation and dealing with facilitating data center facilities. With the development of distributed computing and expanded utilization of enormous data analytics, there are various data centers being built up to fulfill the computing requirements of the ventures to offer proficient and high accessibility services. Such high demands have impelled the use of mega data centers or cloud data centers. Nevertheless, these data centers ingest bigger amount of power at the time of peak data-intensive operations, which will result in their renovations with respect to deployment and design in near future.
Type Outlook and Trend Analysis
Based on the type, the global data center market is segmented into in-house data center, colocation and wholesale data center. The in-house data center which is also termed as a server room, is an on-site IT facility entirely outfitted and handled by the business enterprise’s IT department. It occurs in space inside an organization’s office or campus. The rest of the criteria such as power and backup, cooling, security demands, and bandwidth are fulfilled by the organization itself. On the other hand, colocation is a shared data center space in which an organization can take up a space on lease for several hardware and servers. Colocation renders HVAC, building, internet bandwidth, power, and customer supplies and retains the hardware. Lastly, a wholesale data center indicates a comparatively bigger data center wherein the provider only rents out large blocks of power and space, usually referred large cases or private suites, to its customers.
Application Outlook and Trend Analysis
Data center networks find applications as a part of numerous verticals, for example, media and entertainment, service & insurance (BFSI), banking, health care, retail, education, financial, government and high technology industries. There are an ascending number of individuals who utilize internet and require fast web interface. Endeavors are particularly reliant on the data centers for their effectiveness to lessen operational cost and furthermore expanded profitability. Diverse systems administration arrangements are utilized as a part of various verticals in terms of requirement.
Regional Outlook and Trend Analysis
On the basis of region, the industry can be portioned as Asia Pacific, Europe, Middle East and Africa, North America and Central and South America. North America is evaluated to have biggest share in the data center networking market by virtue of high infiltration of web and web based information advancement solutions. Asia Pacific is relied upon to develop as a key market for the business members as data center outsourcing to rising Asian nations has been a key pattern in recent past. Telecommunications vendors like China Telecom and NTT and few other IT service organizations on a global level function the majority of the data centers in this region.
The major players in the market are Extreme Networks, VMware Software India Pvt Ltd, IBM, Hitachi Data Systems, Intel, Fujitsu and Alcatel-Lucent, Microsoft Corporation, Cisco Systems and Dell EMC. The market is exceedingly competitive as there are numerous participants doing well in their individual captured markets. Cisco with biggest installed capacity is the market pioneer and it is by a wide margin pioneer in arranged ports and profits. Market pioneers have both webbing technologies and elite servers. New members venturing in this industry should ace in both the ranges to give a definitive yield. It is an innovation driven industry with high introductory investments and profoundly prepared experts to work the server farms in an effective way.
The global data center market is segmented as follows :
In-House Data Center
Wholesale Data Center
Rest of Europe
Rest of Asia Pacific
Rest of the World
United Arab Emirates
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?