Business

Data Center Market Pegged for Robust Expansion During 2028

Press Release

The data center market has been foretold to record an impressive 12.0% CAGR over the period of forecast (2018-2028), according to a recent XploreMR report. A comprehensive analysis on the data center market has been propounded in the report, which is supposed to help clients to retain their competitiveness by attracting potential customers. The report aids the readers in better understanding the competitive landscape of the data center market, while delivering evaluations on the competition intensity attractiveness of the data center market. Leading business strategists can leverage the intelligence provided in the report to decide future business direction.

Referred to a centralized repository or a facility, a data center provides physical or virtual infrastructure for managing and storing data procured from an organization. A data center can also be referred to a room comprising multiple servers in combination with a patch panel for networking purposes. For established and large organizations, data center is considered the foremost centralized environment, which includes huge IT systems, and solutions to support large and connected applications.

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Data Center Market: In-Depth Assessment on Key Growth Dynamics

The report imparts in-depth assessment and accurate forecast on the data center market for the forecast cast period between 2018 and 2028. This report is a distinct source of intelligence on data with regard to recent dynamics, ongoing industry trends, product innovation, technological developments & advancements, and potential markets for the data center market. The report also engulfs an exhaustive coverage on key regional markets for the data center industry.

Data center market continues to witness increased visibility in North America, in light of increased investments by companies coupled with availability of enhanced IT infrastructure. The region has witnessed increased proliferation in the United States with respect to both absorption and construction.

According to the Economic Report, Northern Virginia is expected to reflect a significant growth potential for data center market. In addition, albeit prevalence of earthquakes and expensive real estate costs, San Francisco Bay Area has become the third largest data center market in United States, with Washington DC and Dallas to lead. Bay Area has around 120 data centers, 335 service providers with nine network fabrics.

Data Center Market: Comprehensive Segmentation Analysis

A detailed analysis on the data center market has been delivered by the report in terms of segmentation analysis. The data center market has been branched into 2 major segments, namely, component and region. The component segment is further categorized into consulting & integration and installation and construction. Key application sectors, including IT & telecommunication, healthcare, BFSI, and government, apropos of installation and construction component of the data center have been elucidated in the report. In-depth assessment has been offered on all the aforementioned segments, engulfing market forecasts and estimates at regional and country level.

The segmentation analysis rendered on the data center market is imperative for the report readers for understanding potent opportunities as well as lucrative regions for growth of the data center market. All the market segments illuminated in the report have been systematically represented in the form an image titled “Market Taxonomy”. The report classifies the data center market, on the basis of regions, into North America, Middle East & Africa (MEA), Europe, Asia-Pacific excluding Japan (APEJ), Latin America, and Japan.

Scrutinized Analysis on Competitive Landscape of Data Center Market

A weighted chapter on the competitive landscape of the data center market has been incorporated in the report, which quantifies the revenue share of the prominent stakeholders in the data center market. This chapter offers an in-depth analysis and imperative insights on key companies operating in the data center market. The report further offers an elaborated assessment on the market players elucidated in the report, which includes intelligence with regard to their company overview, recent & impending developments, key financials, and product overview.

A SWOT analysis is delivered on the market participants profiled, which illuminates the strengths, weaknesses, opportunities and threats to these players in the data center market over the upcoming years. Additionally, the report renders intelligence on the expansion strategies employed by the market participants, such as new product developments, mergers & acquisitions, collaborations, and partnerships between them. The scope of the report is to deliver its readers with authentic knowledge as well as accurate insights on the data center market. This will further enable the report readers to make better impactful plans and fact-based decisions for the businesses.

Research Methodology

A robust research approach has been adhered by the analysts at XploreMR for contemplating key industry dynamics, which in turn has enabled offering a precise and an authentic market intelligence. Intrinsic amalgamation of primary as well as secondary research has been used by the analysts for reaching at the estimates and forecast on the data center market. Initial phase of this methodology involves secondary research, which includes extensive information mining, and referring up-to-date and verified data resources that include government & regulatory published material, technical journals, and latest independent analyses. This forms the base for evaluating estimations on the market.

All the market estimations and forecast delivered have been verified via an exhaustive primary research, which involves comprehensive interviews with prominent market participants and leading industry experts. These brief primary interviews aid validation of the information procured, which in turn facilitates evaluation of the industry estimations, and insights.

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This post was originally published on The Market Plan