$ 519.34 Bn growth expected in Global Data Center Market during 2021-2025 | Technavio
NEW YORK, June 5, 2021 /PRNewswire/ -- Set to grow by USD 519.34 bn during 2021-2025, Technavio's latest market research report estimates the data center market to register a CAGR of over 21%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Equinix Inc., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Microsoft Corp., NTT DATA Corp., Oracle Corp., and SAP SE are some of the major market participants. The rise in adoption of multi-cloud and network upgrades to support 5G will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Data Center Market 2021-2025: Segmentation
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40958
Data Center Market 2021-2025: Vendor Analysis and Scope
The report also covers the following areas:
Increased demand planning and expansion by hyperscalers is likely to emerge as one of the primary drivers of the market.
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Data Center Market 2021-2025: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Component
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