Mega Data Center Market worth $20.55 Billion by 2019


Posted December 15, 2018 by hiteshpawar7359

[223 Pages Report] Mega Data Center Market is to grow from $16.35 billion in 2014 to $20.55 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 4.7% from 2014 to 2019

 
The report "Mega Data Center Market by Solutions: Infrastructure (Server, Storage, Networking), Support (Power, Cooling, Security), by Services (Professional, Monitoring, SI), & by Users (Cloud, Colocation, Enterprises) – Global Forecasts & Analysis (2014-2019)"defines and segments the mega data center market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends.
[223 Pages Report] Mega Data Center Market is to grow from $16.35 billion in 2014 to $20.55 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 4.7% from 2014 to 2019
MarketsandMarkets has segmented the global mega data center market by IT (Information Technology) infrastructure solutions, support infrastructure solutions, services, industry verticals, end-users, and geographical regions. The report also consists of MarketsandMarkets views of the key players and the analyst insights on various developments that are taking place in the mega data center market. This research report covers the global market and categorizes it into the following sub-markets:
By solutions:
• IT infrastructure solutions
o Servers
o Storage solutions
o Networking solutions
• Support infrastructure solutions
• Power solutions
• Cooling solutions
• Security solutions
• Management software
By services:
• System integration
• Monitoring services
• Professional services
By verticals:
• Banking, Financial Services and Insurance (BFSI)
• Telecom and IT
• Media and entertainment
• Government and public
• Others
By end-users:
• Cloud providers
• Colocation providers
• Enterprises
By regions:
• North America (NA)
• Europe (EU)
• Asia-Pacific (APAC)
• Middle East and Africa (MEA)
• Latin America (LA)
Mega data center are impacting the global market for data centers, with its high computing capacity, storage capacity, bandwidth, and ability to facilitate enormous data transfers. These large-scale data centers are clear examples of the IT advancements, and have become crucial for organizations to stay in this competitive environment. Mega data center refers to a single facility sprawling over large areas, and employing a minimum of 15,000 servers. In terms of power, these data center range from 10 Mega-Watts (MW) to 100 MW. These data centers are highly scalable, cost-effective, more secure, reliable, and also have less impact on the environment.
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In the present scenario, businesses and organizations are more inclined towards utilization of advanced technologies, to simplify their day-to-day operations. Due to technological advancements, usage of high speed internet smart devices is rapidly increasing, thus enhancing the demand for data access anytime from anywhere. Also, huge amount of data is created continuously with increasing adoption of social networking platforms, richer internet connectivity and availability of smart devices. This exponential growth of data is creating huge demand for data storage, giving rise to the emergence of very large scale data centers. Mega data centers, with their huge capacity to store and scale along with benefits like economies of scale and better manageability, are emerging as efficient solution against the growing demand of data storage.

The market for mega data centers is driven by factors including associated cost benefits, increasing cloud and colocation services and better economies of scale. Mega data centers require infrastructure equipment and facilities in large scale, offering its owners significant reduction in the operational cost. But, huge initial investments, low availability of resources and high probability of error multiplication are some of the factors presenting challenges in this market. In-spite of such challenges, various organizations have already adopted or are initiating the adoption of mega data centers.

MarketsandMarkets broadly segments the mega data center market on the basis of solutions: IT infrastructure solutions which include servers, storage, and networking; and support infrastructure solutions which include power, cooling, security solutions, and management software; by services: system integration, monitoring services, and professional services; by end-users: cloud providers, colocation providers, and enterprises; By verticals: Banking and Financial services and Insurance (BFSI), IT and telecom, media and entertainment and government; by regions: North America (NA), Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).

Browse 95 market data tables and 53 figures spread through 223 pages and in-depth TOC on“Mega Data Center Market by Solutions: Infrastructure (Server, Storage, Networking), Support (Power, Cooling, Security), by Services (Professional, Monitoring, SI), & by Users (Cloud, Colocation, Enterprises) – Global Forecasts & Analysis (2014-2019)”
https://www.marketsandmarkets.com/Market-Reports/mega-datacenter-market-965.html
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Issued By MarketsandMarkets™ INC.
Country United States
Categories Technology
Tags mega data center market
Last Updated December 15, 2018