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TechNavio Says Uptake of Modular Data Centers will help the Global Market Top $US206 Billion by 2018LONDON --(Business Wire)-- TechNavio, a tech-focused research firm, has published a new report on the Global Data Center Market, which indicates that the market for centralized computing facilities is expected to grow at a CAGR of 10.6 percent from 2014-2018. Technological developments in the data center industry have led to increased computing capacity and smaller equipment size. Many data center equipment vendors, including Avaya, Cisco (News - Alert) and HP, have started providing modular computing solutions that are smaller in size and deliver high-performance computing (HPC) solutions for enterprises. "The reduced size of computing equipment enables enterprises to adopt modular or containerized data center facilities, where the entire data center is hosted within one container," says Faisal Ghaus, Vice President of TechNavio. "Increased modularity ups the capacity of the data center facility and the capacity of the computing resources that can be hosted in a specific space. This modern modular computing quipment consumes less power and delivers HPC solutions for enterprises." The growing Global Cloud Computing Market and increased adoption of virtualized computing equipment by enterprises are also factors propelling overall market growth. The introduction of virtualization technology is enhancing the productivity of existing computing infrastructure as it optimizes the performance of computing facilities. TechNavio currently has more than 3000 market research reports on a huge range of topics, including: About TechNavio TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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