The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Global Data Center Solutions Market (2024-2030):
According to the latest report, the Global Data Center Solutions Market size was valued at around USD 321.8 billion in 2023 and is estimated to grow at a CAGR of around 12.8% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Global Data Center Solutions Market.
Key Takeaways: Beneficial for Stakeholders and Clients
- Historic Period: 2019-2022
- Base year: 2023
- Forecast Years: 2024-2030
- CAGR (2024-30): 12.8%
- Market Value (2023): USD 321.8 Billion
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What are the major Driver the Global Data Center Solutions Market?
Surging Digital Infrastructural Capability to Drive Market Growth – The high surge in the digital infrastructural capability of data centers is the driving force that plays a prominent role in boosting market growth. Data center infrastructure involves the handling of large volumes of data digitally with advanced and innovative technical aspects, thus leading the data center solutions market to propel more. The penetration of data-intensive decision-making applications into data center infrastructure, along with cloud computing and IoT-based devices, is scaling up the data center's overall performance capabilities. As a result, a rise in the digital landscape and future-driven data center solutions is being witnessed in data centers globally, hence increasing the significance of digital infrastructure planning and eventually increasing the market size.
Global Data Center Solutions Market Segmentation
The Global Data Center Solutions Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Offering
- Hardware- Market Size & Forecast 2019-2030, (USD Million)
- IT Modules- Market Size & Forecast 2019-2030, (USD Million)
- Servers- Market Size & Forecast 2019-2030, (USD Million)
- Storage- Market Size & Forecast 2019-2030, (USD Million)
- Network Infrastructure- Market Size & Forecast 2019-2030, (USD Million)
- Power Modules- Market Size & Forecast 2019-2030, (USD Million)
- Cooling Modules- Market Size & Forecast 2019-2030, (USD Million)
- Software- Market Size & Forecast 2019-2030, (USD Million)
- Monitoring and Management Tools- Market Size & Forecast 2019-2030, (USD Million)
- DCIM Software- Market Size & Forecast 2019-2030, (USD Million)
- Performance Monitoring Tools- Market Size & Forecast 2019-2030, (USD Million)
- Configuration Management- Market Size & Forecast 2019-2030, (USD Million)
- Automation and Orchestration Software- Market Size & Forecast 2019-2030, (USD Million)
- Back-up and Disaster Recovery Software- Market Size & Forecast 2019-2030, (USD Million)
- Security Software- Market Size & Forecast 2019-2030, (USD Million)
- Virtualization Software- Market Size & Forecast 2019-2030, (USD Million)
- Analytics Software- Market Size & Forecast 2019-2030, (USD Million)
- Predictive Analytics- Market Size & Forecast 2019-2030, (USD Million)
- Real-time monitoring & reporting- Market Size & Forecast 2019-2030, (USD Million)
- Services- Market Size & Forecast 2019-2030, (USD Million)
- Design and Consulting- Market Size & Forecast 2019-2030, (USD Million)
- Integration and Deployment- Market Size & Forecast 2019-2030, (USD Million)
- Support and Maintenance- Market Size & Forecast 2019-2030, (USD Million)
- By Data Center Type
- Cloud Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- Colocation Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- Enterprises Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- Modular Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- Edge Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- Regional Edge Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- Mobile Edge Computing (MEC) Centers- Market Size & Forecast 2019-2030, (USD Million)
- By Tier Type
- Tier 1- Market Size & Forecast 2019-2030, (USD Million)
- Tier 2- Market Size & Forecast 2019-2030, (USD Million)
- Tier 3- Market Size & Forecast 2019-2030, (USD Million)
- Tier 4- Market Size & Forecast 2019-2030, (USD Million)
- By Data Center Size
- Small Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- Mid-Sized Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- Large Data Centers- Market Size & Forecast 2019-2030, (USD Million)
- By Vertical
- BFSI- Market Size & Forecast 2019-2030, (USD Million)
- IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
- Government & Public Sector- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare & Life Sciences- Market Size & Forecast 2019-2030, (USD Million)
- Transportation- Market Size & Forecast 2019-2030, (USD Million)
- Retail- Market Size & Forecast 2019-2030, (USD Million)
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
As per the regional aspect, the Global Data Center Solutions Market is expected to be dominated by the North America by capturing the potential market share.
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Top Companies in the Global Data Center Solutions Market
AWS, Microsoft, Google, Equinix, Dell Technologies, Huawei, Digital Realty, NTT, KDDI, HPE, Oracle, Alibaba Cloud, IBM, Cyrusone, China Telecom, Others
Global Data Center Solutions Industry Recent Development
- In 2023: Equinix unveiled an expansion to ramp up support for advanced liquid cooling technologies, including direct-to-chip solutions, in over 100 International Business Exchange (IBX) data centers globally. This initiative further bolsters Equinix's current implementation of using rack heat exchangers to cool its IBX facilities via the liquid-to-air method.
- In 2023: AWS collaborated with DXC Technology, which has had first-hand experience of the benefits that come from working together towards establishing an advanced and cloud-based IT infrastructure. This partnership aims to simplify the migration process for clients who need to transition from outdated data center facilities into modern, secure, and environmentally friendly solutions offered by AWS.
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