Data Centers Market worth $120.79 billion by 2030, growing at a CAGR of 10.92% - Exclusive Report by 360iResearch

The "Data Centers Market by Component (Hardware, Services, Solution), Type (Cloud Data Centers, Colocation Data Centers, Enterprise Data Centers), IT Infrastructure, Data Center Rating, End-Use Industry - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Data Centers Market to grow from USD 58.44 billion in 2023 to USD 120.79 billion by 2030, at a CAGR of 10.92%.

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Data centers are specialized facilities designed to store, process, and manage vast amounts of data and information. The essential components of a data center design include routers, switches, firewalls, storage systems, servers, and application-delivery controllers, which are used to assemble, process, store and disseminate significant amounts of data. The rise in the volume of data traffic and the need for efficient computation, data storage, and network across the end-use sectors are expanding the deployment of data centers worldwide. The increasing use of content-based online media services and growing social media platforms surge the adoption of data centers by enterprises across the globe. However, the high cost of designing and constructing data centers and data security issues may adversely impact its use across various economies. In addition, the integration and adoption of innovative technologies in data centers are expected to facilitate development of data centers worldwide.

The data centers market in the Americas region is highly advanced, with a strong IT sector and the adoption of novel technologies in major end-use sectors. The Asia-Pacific region is witnessing increased use of digital solutions and networked systems by SMEs and the general population. Supportive government frameworks are driving the expansion of the 5G network-based data centers combined with the surge in the adoption of digital technologies by end-user industries in the APAC region. The large IT workforce in countries such as India and China also propels the deployment of data center facilities. The operation and working of data centers in the EMEA region have increased significantly in the past decade due to digital transformation and automation. In addition, huge investments are made by end-users to integrate new digital technologies. Increasing focus on sustainability and the rising transformation of economies into a digitally empowered society with the amalgamation of cutting-edge technologies in data centers is anticipated to encourage the deployment of data centers across the end-use sectors in the upcoming years.

Market Segmentation & Coverage:

This research report categorizes the Data Centers Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Hardware, Services, and Solution. The Hardware is further studied across Cooling Systems, Networking Equipment, Power Supply & Backup, Servers, and Storage Systems. The Services is further studied across Consulting Services, Managed Services, and Professional Services. The Solution is projected to witness significant market share during forecast period.

Based on Type, market is studied across Cloud Data Centers, Colocation Data Centers, Enterprise Data Centers, and Mega or Hyperscale Data Centers. The Mega or Hyperscale Data Centers is projected to witness significant market share during forecast period.

Based on IT Infrastructure, market is studied across Network, Server, and Storage. The Network is projected to witness significant market share during forecast period.

Based on Data Center Rating, market is studied across Tier 1, Tier 2, Tier 3, and Tier 4. The Tier 2 is projected to witness significant market share during forecast period.

Based on End-Use Industry, market is studied across BFSI, Government, Healthcare, IT & Telecommunication, Manufacturing, and Retail. The Retail is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Data Centers Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Data Centers Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Data Centers Market, highlighting leading vendors and their innovative profiles. These include Alibaba Group Holding Limited, Amazon Web Services, Inc., Apple Inc., AT&T Inc., China Telecommunications Corporation, Cisco Systems, Inc., CoreSite Realty Corporation., CyrusOne LLC, Dell Technologies Inc., Digital Realty Trust, Inc., Equinix, Inc., Fujitsu Limited, Global Switch Holdings Limited, Google LLC by Alphabet Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Lenovo Data Center Group, Lumen Technologies, Inc, Microsoft Corporation, NTT Communications Corporation, Oracle Corporation, Rackspace Technology, Inc., Reliance Communications Ltd, Telefonaktiebolaget LM Ericsson, Tencent Cloud, and Verizon Communications Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Data Centers Market, by Component
7. Data Centers Market, by Type
8. Data Centers Market, by IT Infrastructure
9. Data Centers Market, by Data Center Rating
10. Data Centers Market, by End-Use Industry
11. Americas Data Centers Market
12. Asia-Pacific Data Centers Market
13. Europe, Middle East & Africa Data Centers Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Data Centers Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Data Centers Market?
3. What is the competitive strategic window for opportunities in the Data Centers Market?
4. What are the technology trends and regulatory frameworks in the Data Centers Market?
5. What is the market share of the leading vendors in the Data Centers Market?
6. What modes and strategic moves are considered suitable for entering the Data Centers Market?

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