LAS VEGAS, Oct. 30, 2017 (GLOBE NEWSWIRE) -- The Data Center Market is expected to garner lucrative market share by 2022, while registering itself at significant compound annual growth rate (CAGR) during the forecast period. A data center is an amalgamated office for processing purposes, and storage. It includes storage arrays, servers, networking equipment, and supporting services, for example, cooling and powering arrangements. Data centers are organized by ventures handling in cloud-based service offerings. There are several endeavors that are engaged in the advancement of offices of server farm with present-day foundation and rent space for broad undertakings and likewise SMEs, named as colocation and managing encouraging data center offices. With the advancement of disseminated computing and extended use of enormous information analytics, there are different data centers being developed to satisfy the registering necessities of the ventures to offer capable and high availability administrations. Data center networks are useful as a part of numerous retail, verticals, for example, media and entertainment, service & insurance (BFSI), banking, health care, education, financial, government and high technology sectors.
Increasing implementation of big data and cloud services in the recent years from both the consumer and industry is anticipated to boost the global data center networking market. Advantages provided such as reduced operational cost, flexibility, and improved safety & security and increased performance are foreseen to fuel the industry growth over the forecast period. Developing operation models and geographical expansions of cloud computing consumers are increasing the demand for data centers. Expanded demand for webbing solutions has made a requirement for merchants to change server farm systems into a pooled robotized asset focuses giving greater adaptability to move workloads between any cloud to raise performance proficiency.
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On the basis of product the Data center market is segmented into Wholesale Data Center, In-House Data Center and Colocation. On the basis of application the market is segmented into Government, IT Company, Educational Institution and BFSI.
Major Players
- Intel
- VMware Software India Pvt Ltd
- Cisco Systems
- Hitachi Data Systems
- Dell EMC
- Fujitsu and Alcatel-Lucent
- Extreme Networks.
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| Table of Contents: | |||||
| 1. | Introduction | ||||
| 2. | Executive Summary | ||||
| 3. | Market Overview | ||||
| 3.1. | Introduction | ||||
| 3.1.1. | Market Definition | ||||
| 3.1.2. | Market Segmentation | ||||
| 3.2. | Market Dynamics | ||||
| 3.2.1. | Drivers | ||||
| 3.2.1.1. | Increasing Demand for Off-site data storage | ||||
| 3.2.1.2. | Rising in number of information database | ||||
| 3.2.2. | Restraints | ||||
| 3.2.2.1. | High Capital Investment | ||||
| 3.2.3. | Opportunities | ||||
| 3.2.3.1. | Technological Advancement in Data Centre Capabilities | ||||
| 4. | Data Centre Market, By Type | ||||
| 5. | Data Centre Market, By Application | ||||
| 6. | Data Centre Market, By Region | ||||
| 7. | Company Profiles | ||||
Key findings of the Data Center market are
- The slow switch towards cloud computing and additionally cloud storage and systems administration is drawing out various potential vulnerabilities and dangers of introduction of critical and significant data. This has stirred the business to make progress toward better and propelled safety efforts at different levels in the server farm systems.
- The developing number of security breaches and the expanding number of assaults on data centers over the world are developing awareness with respect to the need of enhanced safety efforts, both logical, and physical. Additionally, because of the current breaches of the data stores of major companies, the need of a far reaching security strategy and its execution is in a more significant demand.
- With an increasing requirement from data center users to protect their information and the major efforts put by the governments as well as industries to enhance data security and privacy, the industry is anticipated to develop at a rapid rate over the coming years.
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