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Data Center Services Market 2018: Global Industry Overview by Size, Share, Future Growth, Development, Revenue, Top Key Players Analysis and Growth Factors up to 2023 | 360 Market Updates

Data Center Services

Data Center Services Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Data Center Services market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Data Center Services Market report is anticipated to register a CAGR of 13.69% over a five years forecast period (2018 – 2023).”

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List of Major Key players operating in the Global Data Center Services Market are –

  • Fujitsu Ltd.
  • Reliance Group
  • Capgemini
  • HCL Technologies Limited
  • Nokia
  • Sify Technologies Limited
  • IBM Corporation
  • Cisco Systems
  • Inc.
  • HP Enterprise Company
  • Hitachi Ltd.
  • Huawei Technologies Co.
  • Ltd
  • Schneider Electric SE
  • Vertiv Co
  • NTT Communications Corporation
  • Larsen & Toubro Infotech Limited
  • Telefonica S.A.
  • Nlyte
  • Lenovo

The data center services market is projected to grow at a CAGR of 13.69% over the forecast period (2018 – 2023). The report is segmented on the basis of service type, including infrastructure, cloud & hosting, networks, consulting, virtualization, and others, on the basis of data center type, including tier 1, tier 2, tier 3, and tier 4, on the basis of deployment mode, including on-premise and cloud, and on the basis of end-user verticals, including BFSI, healthcare, retail, manufacturing, IT & telecom, and others. The regions considered in the report include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The study also emphasizes the benefits of evidence management in accordance with diverse industries and future prospect of the same.

Data center services are offered in the form of supporting components for the smooth functioning of data storage and management. Data centers are the combination of hardware and software, wherein regular maintenance and service are required for the uninterrupted flow of data management. The various services can be offered as a package or separately, including installation & maintenance, archive & backup, managed load balancing, outsourcing, backing-up power system, and power distribution. The increasing investment in data centers across the globe is expected to have a positive impact on the market growth over the forecast period. Furthermore, the demand for quality management in infrastructure and new technological innovations in the field of data storage and transfer is likely to propel the data center services market growth. In February 2018, Oracle announced high investment in data center wherein the company is planning to set up approximately 12 centers around the globe, including Japan, India, and China.

Increase Spending on Data Center Technology

The emerging cloud technology in data centers is one of the key factors driving the demand for data center systems & technology, thereby, fueling the market growth. As of 2017, the spending on public cloud-based data centers had increased by 35% in comparison to the last year. Furthermore, there is an increase in the number of people connected through cloud servers due to enhanced data security and storage function, this is expected to propel the market growth. In January 2018, Apple announced the boost in their investment in data centers by USD 10 billion over the next five years. This is projected to boost the global usage of data centers, thereby, propelling the market growth over the next six years.

Tier 4 Data Center Type to Have the Highest Share

Tier 4 data center type is estimated to have the highest market share, owing to its high availability as compared to the others, such as tier 1, 2, and 3. This type of data center is widely utilized and integrated in enterprise level companies. In addition, this category offers to be fully superfluous in terms of cooling, network, and electric circuits, therefore, it is expected to have the highest market share over the forecast period.

Asia-Pacific to Witness the Highest Growth

India is one of the fastest-growing economies in the world and it is likely to boost the growth of public cloud-based data centers. IT industry dominates the market as the largest private sector employer in the country where data centers are widely used, thereby, propelling the market growth. Furthermore, there are various organizations, particularly in BFSI industry, which are not ready to invest in data centers based out of the country owing to stringent government regulations over security. This has led to the setup of data centers locally, consequently, compelling companies to invest in the country. The aforementioned factors are expected to have a positive impact on the market growth in the region over the forecast period.

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Scope of the Report:

The report analyses Data Center Services market, which includes –

  • Analysis of the growth of Data Center Services market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides Data Center Services market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level Data Center Services market volume and value by end-user segment for the period 2012-2023.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Data Center Services market are discussed.
  • The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.

Highlighted points of Data Center Services Market Report:

  • Varying dynamics of the Data Center Services industry.
  • Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
  • Data Center Services market report recognizes the key drivers of growth and challenges of the key industry players.
  • Competitors profiles along with product description, overview, and business data.
  • A complete analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors.
  • Delivers information on the historical and current market size and the future potential of the market.
  • Data Center Services market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.

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Reasons to Purchase Data Center Services Market Report:

  • The report analyses how stringent emission control norms will drive the global Data Center Services market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Data Center Services market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

In this study, the years considered to estimate the market size of Data Center Services:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023

Look into Table of Content of Data Center Services Market Report @ https://www.360marketupdates.com/TOC/12886033#TOC

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