Data center service Market Is Expected to Reach US ~$ 82 Billion with CAGR of 13% by 2022

Data Center Service Market, By Service Type (Support, Consulting, Training, Financial, Application, Out-Sourcing), By Organization (SMBs, Large Enterprise, Cloud Providers), By Data Center Type (Captive, Outsourced), By End-User (Manufacturing, BFSI, IT/ITES, Healthcare, Transportation, Government) – Forecast 2022

Market Highlights:

In this rapidly changing environment, demand for data management is ever increasing. The increasing demand for integrated high performance service to manage the complexity of IT infrastructure is driving the data center service market. The data center services are services that help to create, maintain or implement a data center. In an enterprise to enhance the performance of the data centers, the data center services are used.

The data center service provides many advantages such as reduced IT infrastructure, management of costs and others. These advantages are also responsible for the growth of Data center service by different organizations. The study indicates that increased power capacity and redundancy are driving the data center service market. The study indicates that by the rising cyber security threats, the security concerns related to data centers would result as the restraining factor for the Data center service market.

The Data center service Market is growing rapidly over 13% of CAGR and is expected to reach at USD 82 Billion by the end of forecast period.

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Major Key Players

  • HPE (U.S.),
  • IBM (U.S.),
  • Fujitsu Ltd. (Japan),
  • Huawei Technologies Co. Ltd. (China),
  • Cisco Systems, Inc. (U.S.),
  • Dell, Inc. (U.S.),
  • Vertiv Co(U.S.),
  • Equinix, Inc. (U.S.),
  • Schneider Electric SE (France),
  • Level 3 Communications (U.S.),
  • NTT Communications(Japan)
  • Hitachi Ltd. (Japan)

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: 

The Data center service market is growing swiftly. The growing data traffic and increasing complexities within data centers is driving the Data center service market. The Data center service market is globally emerging across world. The ever increasing digital needs and rising complexities within the IT infrastructure are driving the data center service market.

The study indicates that the increasing demand to enhance data center is also one of the key drivers for the data center service market. Data center service has many advantages as reliability, reduction in costs, which drive the market. Data center service market is segmented on the basis service type, data center type, organization and end-user. The major forces driving the service market for data center is rising complexities within the IT infrastructure.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Data center service Market Research Report -Forecast to 2022”.

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Data center service Market Segmentation

The Data center service market has been segmented on the basis of service type, data center type, organization and end-user. Looking through the end-user segment it’s been observed that the IT/ITES segment would grow fastest. In the services segment the training services is expected to grow fastest in the data center service market. The study reveals that SMBs and cloud providers would grow impressively in the data center service market by the forecast period.

Market Research Analysis:

Regional analysis for Data center service market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region would account for larger share in Data center service market. The study indicates that North America region has increasing need for enhancement and increasing data traffic, this has resulted in the growth of Data center service market in European region.

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Brief TOC

1           Market Introduction

1.1        Introduction   

1.2        Scope Of Study

1.2.1     Research Objective

1.2.2     Assumptions

1.2.3    Limitations

1.3       Market Structure

2          Research Methodology

2.1       Research Network Software Solutions

2.2       Primary Research

2.3       Secondary Research

2.4       Forecast Model

2.4.1    Market Data Collection, Analysis & Forecast

2.4.2    Market Size Estimation

3           Market Dynamics

Continued….

LIST OF TABLES

TABLE 1      DATA CENTER SERVICE MARKET, BY SERVICE TYPE

TABLE 2      DATA CENTER SERVICE MARKET, BY ORGANIZATION

TABLE 3      DATA CENTER SERVICE MARKET, BY DATA CENTER TYPE

TABLE 4      DATA CENTER SERVICE MARKET, BY END-USER

TABLE 5      DATA CENTER SERVICE MARKET, BY REGIONS

TABLE 6      NORTH AMERICA DATA CENTER SERVICE MARKET, BY SERVICE TYPE

TABLE 7      NORTH AMERICA DATA CENTER SERVICE MARKET, BY ORGANIZATION

Continued….

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