Data Center Infrastructure Market, Growth Drivers, Emerging Audience, Segments and Industry Sales

Market Highlights

Market Research Future (MRFR), in its latest “Data Center Infrastructure Market” report, states that the worldwide market of data center infrastructure is expected to expand at a remarkable CAGR of about 42% during the forecast years of 2017 and 2023. As per MRFR insights into the global data center infrastructure market, the market is poised to attain a decent valuation of nearly USD 49 Bn by 2023 due to the rise in the need for data centers by companies.

Market Scenario

Robust data center infrastructure enhances the agility of data handling and preservation of an enterprise. It is expected to drive the growth of the data center infrastructure market. High productivity offered by data centers to the company is expected to boost the growth of the market. The rise in data center IP traffic is noted to be another growth booster for the global data center infrastructure market. A surge in the adoption of both modular and colocation data centers can bolster the fast-paced expansion of the market.

Other factors can spur the growth of the data center infrastructure market. Scalability, reliability, ability to maximize the efficacy of a company’s networking assets to gain better internal network operations are expected to promote the growth of the market. In addition, advantages of reduced information technology cost and ability to detect threats and resolve the same are expected to push the market growth in the years of forecast. The presence of skillful developers and the need for one-time investment in setup of data centers are expected to act as other transformational forces of the market.

Segmentation:

The worldwide data center infrastructure market growth is studied by user type, verticals, deployment, and component. By user type, the data center infrastructure market is classified into small-sized enterprises, medium-sized enterprises, and large-scale enterprises. By component, the market is categorized into hardware, software, solution, and service. The hardware segment is sub-segmented into storage, routers, servers, storage area network switches, Ethernet switches, network security, and virtualization software. By verticals, the data center infrastructure market is segmented into BFSI, IT & telecom, retail, healthcare, and others. By deployment, the market is split into on cloud and on-premises.

Detailed Regional Analysis

North America, Asia Pacific, Europe and Rest of the World are regional segments across which the data center infrastructure market has been studied.  In North American, the market is expected to hold the grand share of the global market.  The high need for adequate data center infrastructure for make endless distribution of data and their management facilities seamless is the prime cause for the fast growth of the regional market. In Europe, the market is expected to surge as more enterprises are opting for a separate setup to own their data centers. The rapid-paced industrialization and fast implementation of smart cities projects are likely to promote the growth of the data center infrastructure market in the Asia Pacific region.