The new report by Expert Market Research titled, ‘Global Data Centre Market Price, Share, Size, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global data centre market, assessing the market based on its segments like component, IT infrastructure, type, construction, industry, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 18%

Multi-cloud architecture generally prevents data loss or downtime in the event of a regional component failure. It also complies with all safety regulations and meets the workload’s requirements. As a result of these characteristics, businesses are progressively adopting these services to satisfy their business needs, assisting the data centre market’s growth.

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Industry Definition and Major Segments

Data centres are a huge group of networking computer servers that organisations typically utilise to store, process, and transport enormous amounts of data remotely.

The industry can be broadly categorised on the basis of component into:

Solution
Services

Based on IT infrastructure, the industry can be divided as:

Network
Server
Storage

The industry can be divided on the basis of type as:

Cloud Data Centre
Colocation Data Centre
Enterprise Data Centre
Hyperscale Data Centre
Others

By construction, the industry is bifurcated into:

New Data Centre
Rebuild Data Centre

On the basis of industry, the data centre market is segmented into:

Banking, Financial Services, and Insurance
Healthcare
Government and Defense
Manufacturing
IT and Telecom
Retail
Energy
Others

The global regions for data centre market include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Market Trends

The demand to modernise the current communication network has grown as data traffic has increased, prompting carriers to invest heavily in 5G testing and launch. The data center’s existing network infrastructure would be improved by implementing 5G technology. As a result of the increased adoption of multi-cloud solutions and network upgrades to accommodate 5G, data centre demand is expected to rise over the projection period.

Edge computing is a network design that stores and processes data near to its source. Because the data is processed close to the client computer, latency is reduced, and server responsiveness is improved. SMEs were the first to introduce edge computing. Nonetheless, due to the growing need for effective and secure data, it is currently being implemented by huge corporations. The demand for advanced edge platforms in technology has expanded as the global information generation has increased. The rise in edge computing adoption will fuel demand for edge data centres, propelling the broader sector forward.

Key Market Players

The major players in the market are Hewlett Packard Enterprise Company, Cisco Systems Inc, IBM Corporation, Sify Technologies Limited, Dell Technologies Inc, Fujitsu Limited, Hitachi, Ltd., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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