Data center market to grow by 20.22% Y-O-Y from 2021 to 2022: Rise in adoption of multi-cloud and network upgrades to support 5G will drive growth - Technavio

NEW YORK, Jan. 30, 2023 /PRNewswire/ -- Data center market insights -

• Vendors: 15+, including Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., DXC Technology Co., Equinix Inc., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Component (IT infrastructure, power management system, mechanical construction, general construction, and security solutions) and geography (North America, APAC, Europe, South America, and MEA)

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The data center market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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The data center market size is estimated to grow by USD 615.96 billion from 2021 to 2026 at a CAGR of 21.98%, according to Technavio.

Data center market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Global data center market - Vendor insights

The growing competition in the market is compelling vendors to adopt various organic and inorganic growth strategies. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including -

• Alphabet Inc. - The company offers high-performing, secure, reliable, and efficient data centers throughout the world through its subsidiary Google.
• Amazon.com Inc. - The company offers data centers through its subsidiary Amazon Web Services.
• Cisco Systems Inc. - The company offers data centers such as Cisco Data Center for networking and computing.

Global data center market – Market dynamics

Major drivers

• Rise in adoption of multi-cloud and network upgrade to support 5G
• Demand planning and expansion by hyperscalers
• Growing demand among SMEs

Key challenges

• Cybersecurity issues
• Time to market and high initial costs
• Increasing power consumption

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this data center market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the data center market between 2022 and 2026
• Precise estimation of the size of the data center market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the data center market across North America, APAC, Europe, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of data center market vendors

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Related Reports:

The data center server market is estimated to grow at a CAGR of 15.27% between 2022 and 2027. The size of the market is forecasted to increase by USD 115 billion. This report extensively covers market segmentation by application (commercial server and industrial server), type (rack server, blade server, tower server, microserver, and open compute project (OCP) server), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

The data center cooling solutions market is estimated to grow at a CAGR of 24.36% between 2022 and 2027. The size of the market is forecasted to increase by USD 27,954.87 million. This report extensively covers market segmentation by application (air conditioning, economizers, cooling towers, chillers, and others), technique (air-based cooling and liquid-based cooling), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

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Table of contents

1.  Executive Summary

2.  Market Landscape 

2.1  Market ecosystem 

2.2  Value chain analysis 

3.  Market Sizing

3.1  Market definition 

3.2  Market segment analysis 

3.3  Market size 2021 

3.4  Market outlook: Forecast for 2021 - 2026 

4.  Five Forces Analysis 

4.1  Five forces analysis 

4.2  Bargaining power of buyers 

4.3  Bargaining power of suppliers 

4.4  Threat of new entrants 

4.5  Threat of substitutes 

4.6  Threat of rivalry 

4.7  Market condition 

5.  Market Segmentation by Component 

5.1  Market segments 

5.2  Comparison by Component 

5.3  IT infrastructure - Market size and forecast 2021-2026 

5.4  Power management - Market size and forecast 2021-2026 

5.5  Mechanical construction - Market size and forecast 2021-2026 

5.6  General construction - Market size and forecast 2021-2026

5.7  Security solutions - Market size and forecast 2021-2026 

5.8  Market opportunity by Component 

6.  Customer landscape 

6.1  Customer landscape 

7.  Geographic Landscape 

7.1  Geographic segmentation 

7.2  Geographic comparison 

7.3  North America - Market size and forecast 2021-2026 

7.4  APAC - Market size and forecast 2021-2026

7.5  Europe - Market size and forecast 2021-2026 

7.6  South America - Market size and forecast 2021-2026 

7.7  MEA - Market size and forecast 2021-2026 

7.8  Key leading countries

7.9  Market opportunity by geography 

8.  Drivers, Challenges, and Trends 

8.1  Market drivers

8.2  Market challenges 

8.3  Market trends 

9.  Vendor Landscape 

9.1  Overview 

9.2  Landscape disruption 

10.  Vendor Analysis 

10.1  Vendors covered 

10.2  Market positioning of vendors

10.3  Alphabet Inc. 

10.4  Amazon.com Inc. 

10.5  Cisco Systems Inc. 

10.6  DXC Technology Co. 

10.7  Equinix Inc. 

10.8  Huawei Investment and Holding Co. Ltd. 

10.9  International Business Machines Corp. 

10.10  Microsoft Corp. 

10.11  Oracle Corp. 

10.12  SAP SE 

11.  Appendix 

11.1  Scope of the report 

11.2  Currency conversion rates for US$ 

11.3  Research methodology 

11.4  List of abbreviations 

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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