NEW YORK, Aug. 5, 2021 /PRNewswire/ -- The data center market by component (IT infrastructure, power management system, mechanical construction, general construction, and security solutions) and geography (North America, APAC, Europe, South America, and MEA) has been added to Technavio's offering. Do you know the data center market size is expected to reach a value of USD 519.34 billion during 2021-2025? Alphabet Inc.(US), Amazon.com Inc.(US), Cisco Systems Inc.(US), Equinix Inc.(US), Microsoft Corp.(US), NTT DATA Corp.(Japan) are some of the major market participants
The data center market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to grow in 2021 as compared to 2020.
Frequently Asked Questions:
Based on segmentation by Component, which is the leading segment in the market? Based on the component, the market witnessed maximum growth in the IT infrastructure segment.
What are the major trends in the market? The demand planning and expansion by hyperscalers is the major trend in the market.
At what rate is the market projected to grow? The market is projected to grow at a CAGR of over 21% during the forecast period.
Who are the top players in the market? Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Equinix Inc., Microsoft Corp., NTT DATA Corp., Oracle Corp., SAP SE, Huawei Investment & Holding Co. Ltd., and International Business Machines Corp. are the top players in the market.
What are the key market drivers and challenges? The market is driven by the rise in the adoption of multi-cloud and network upgrades to support 5G. However, cybersecurity issues will challenge growth.
How big is the North American market? North America occupied about 35% of the global market share in 2020.
Related Reports on Information Technology Include:
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Global Data Center Power Market - Global data center power market is segmented by product (generators, transformers, UPS, transfer switches and switchgears, and others) and geography (North America, Europe, APAC, South America, and MEA). Download Exclusive Free Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Although the rise in the adoption of multi-cloud and network upgrades to support 5G will offer immense growth opportunities, cybersecurity issues are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this data center market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The data center market report covers the following areas:
Data Center Market Size
Data Center Market Trends
Data Center Market Industry Analysis
This study identifies demand planning and expansion by hyperscalers as one of the prime reasons driving the Data Center Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist data center market growth during the next five years
Estimation of the data center market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the data center market across North America, APAC, Europe, South America, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of data center market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Component
Comparison by Component
IT infrastructure - Market size and forecast 2020-2025
Power management system - Market size and forecast 2020-2025
Mechanical construction - Market size and forecast 2020-2025
General construction - Market size and forecast 2020-2025
Security solutions - Market size and forecast 2020-2025
Market opportunity by Component
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers – Demand led growth
Market positioning of vendors
Cisco Systems Inc.
Huawei Investment & Holding Co. Ltd.
International Business Machines Corp.
NTT DATA Corp.
Scope of the report
Currency conversion rates for US$
List of abbreviations
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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.