Data Center IT equipment Market to grow by USD 65.26 billion between 2022 - 2027; Increasing investments in data centers to drive market growth- Technavio
NEW YORK, Nov. 21, 2023 /PRNewswire/ -- The Data Center IT equipment Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the data center IT equipment market between 2022 and 2027 is USD 65.26 billion.
The increasing investments in data centers drive market growth. Coping with the growing volume of data produced is strategized by various companies by building or leasing data centers and the increasing interest in cloud computing will further drive the need for data centers. Furthermore, to meet the needs of cloud computing, big data analytics, artificial intelligence (AI), and other data-intensive applications, various organizations are investing in data centers. Through this growing demand, the demand for information technology equipment in data centers also grows. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The data center IT equipment market is categorized based on Product (Server equipment, Storage equipment, Network equipment, and Others ), End-user (IT and telecommunication, BFSI, Government and public, Healthcare, and Others ), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
Key Companies in the data center IT equipment market:
Arista Networks Inc., Cisco Systems Inc., CoreSite Realty Corp., CyrusOne LLC, Eaton Corp. Plc, Equinix Inc., Extreme Networks Inc., Fortinet Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., IEI Integration Corp., Infineon Technologies AG, Juniper Networks Inc., NetApp Inc., Nokia Corp., Oracle Corp., Schneider Electric SE, China Huaxin Post and Telecom Technologies Co. Ltd., International Business Machines Corp.
The Affective Computing Market size is estimated to grow at a CAGR of 35.75% between 2023 and 2028. The market size is forecast to increase by USD 236.41 billion.
The Business Process Automation (BPA) Market size is estimated to grow at a CAGR of 14.47% between 2022 and 2027. The market size is forecast to increase by USD 9,951.8 million.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Geography
Drivers, Challenges, & Trends
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