Data Center Market Size to grow by USD 615.96 bn, Insights on the Key Drivers and Trends - Technavio

NEW YORK, Nov. 30, 2022 /PRNewswire/ -- The data center market size is projected to grow by USD 615.96 billion, progressing at a CAGR of 21.98% from 2021 to 2026. By region, the global data center market is segmented into North America, APAC, Europe, South America, and MEA. North America is estimated to contribute 35% to the growth of the global market over the forecast period. The significant increase in the adoption of cloud services by enterprises across industries in countries such as the US and Canada will facilitate the data center market growth in North America over the forecast period. 

For insights on the other segments - Request a free sample!

Data Center Market: The rise in adoption of multi-cloud and network upgrades to support 5G drives the growth.

• One of the key factors driving the global data center market growth is the rise in the adoption of multi-cloud and network upgrades to support 5G. Enterprises are embracing multi-cloud architecture to prevent data loss or downtime due to a localized component failure, ensure security compliances, and meet workload requirements. The demand for the deployment of 4G/5G networks globally is also expected to increase during the forecast period. With the implementation of 5G technologies and the consequent increase in speed, the rate at which data is generated, transmitted, and consumed will grow. This will drive the demand for the upgrade of the existing data center network infrastructure and increase in new data centers constructed closer to the data origins to reduce latency, which will positively impact the market growth in the forecast period. 

Data Center Market: The rise in the adoption of edge computing is the key trend in the market

• The rise in the adoption of edge computing is another major factor supporting the global data center market growth. The advantage of edge computing is that the stored content is close to the client machine, thereby reducing latency and improving server response. This type of network architecture was initially implemented by SMEs, but the growing demand for efficient and secure data management has spurred its implementation in large-scale enterprises. Market vendors are focusing on developing and introducing new edge computing platforms, which will help clients to improve their data management capabilities at the edge of the network. The growing deployment of edge computing will, thus, spur the demand for edge data centers, and the trend of edge data center deployments will continue during the forecast period.

 Download our exclusive report on the data center market covering market challenges, vendor analysis, and growth opportunities

Data Center Market: Segmentation Analysis

This market research report segments 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).

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market size, among others.  buy the report!

Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

 Technavio's library includes over 17,000+ reports, covering more than 2,000 emerging technologies. Subscribe to our "Basic Plan" at just USD 5,000 and get lifetime access to Technavio Insights

Related Reports:

Data Center Market in Europe by Component and Geography – Forecast and Analysis 2021-2025: The data center market size in Europe is projected to grow by USD 70.95 billion from 2020 to 2025.

Green Data Center Market by End-user and Geography – Forecast and Analysis 2021-2025: The green data center market size is projected to grow by USD 76.59 billion from 2020 to 2025.

Table of Contents:

1. Executive Summary                         

2. Market Landscape                            

               2.1 Market ecosystem             

                              Exhibit 01:  Parent market

                              Exhibit 02:  Market characteristics

               2.2 Value chain analysis           

3. Market Sizing                      

               3.1 Market Definition

                              Exhibit 03:  Offerings of vendors included in the market definition

               3.2 Market segment analysis  

                              Exhibit 04:  Market segments

               3.3 Market size 2021 

               3.4 Market outlook: Forecast for 2021 - 2026 

                              3.4.1 Estimating growth rates for emerging and high-growth markets

                              3.4.2 Estimating growth rates for mature markets

                              Exhibit 05:  Global - Market size and forecast 2021 - 2026 ($ billion)

                              Exhibit 06:  Global market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis                         

               4.1 Five Forces Summary         

                              Exhibit 07:  Five forces analysis 2021 & 2026

               4.2 Bargaining power of buyers            

                              Exhibit 08:  Bargaining power of buyers

               4.3 Bargaining power of suppliers        

                              Exhibit 09:  Bargaining power of suppliers

               4.4 Threat of new entrants     

                              Exhibit 10:  Threat of new entrants

               4.5 Threat of substitutes          

                              Exhibit 11:  Threat of substitutes

               4.6 Threat of rivalry   

                              Exhibit 12:  Threat of rivalry

               4.7 Market condition 

                              Exhibit 13:  Market condition - Five forces 2021

5. Market Segmentation by Component                      

               5.1 Market segments

                              Exhibit 14:  Component - Market size 2021-2026 (%)

               5.2 Comparison by Component            

                              Exhibit 15:  Comparison by Component

               5.3 IT infrastructure - Market size and forecast 2021-2026        

                              Exhibit 16:  IT infrastructure - Market size and forecast 2021-2026 ($ billion)

                              5.3.1 Server infrastructure

                              Exhibit 17:  Server infrastructure: Market size and forecast 2021-2026

                              5.3.2 Storage Infrastructure

                              Exhibit 18:  Storage infrastructure: Market size and forecast 2021-2026

                              5.3.3 Software-defined data center (SDDC)

                              Exhibit 19:  Software-defined data center: Market size and forecast 2021-2026

                              5.3.4 Network Infrastructure

                              Exhibit 20:  Network infrastructure: Market size and forecast 2021-2026

                              5.3.5 Converged infrastructure

                              Exhibit 21:  Converged infrastructure: Market size and forecast 2021-2026

                              5.3.6 Data center automation software

                              Exhibit 22:  Data center automation software: Market size and forecast 2021-2026

                              5.3.7 Data center backup and recovery software

                              Exhibit 23:  Data center backup and recovery software: Market size and forecast 2021-2026

                              5.3.8 DCIM Solutions

                              Exhibit 24:  DCIM solutions: Market size and forecast 2021-2026

                              Exhibit 25:  IT infrastructure - Year-over-year growth 2021-2026 (%)

               5.4 Power management - Market size and forecast 2021-2026

                              Exhibit 26:  Power management - Market size and forecast 2021-2026 ($ billion)

                              5.4.1 Generators

                              Exhibit 27:  Generators: Market size and forecast 2021-2026

                              5.4.2 Transformers

                              Exhibit 28:  Transformer: Market size and forecast 2021-2026

                              5.4.3 UPS

                              Exhibit 29:  UPS: Market size and forecast 2021-2026

                              5.4.4 Transfer switches and switchgear

                              Exhibit 30:  Transfer switches and switchgear: Market size and forecast 2021-2026

                              5.4.5 PDUs

                              Exhibit 31:  PDUs: Market size and forecast 2021-2026

                              5.4.6 Energy storage devices

                              Exhibit 32:  Energy storage devices: Market size and forecast 2021-2026

                              Exhibit 33:  Power management - Year-over-year growth 2021-2026 (%)

               5.5 Mechanical construction - Market size and forecast 2021-2026       

                              Exhibit 34:  Mechanical construction - Market size and forecast 2021-2026 ($ billion)

                              5.5.1 Cooling solutions

                              Exhibit 35:  Cooling solutions: Market size and forecast 2021-2026

                              5.5.2 Rack

                              Exhibit 36:  Rack: Market size and forecast 2021-2026

                              5.5.3 Server rail kit

                              Exhibit 37:  Server rail kit: Market size and forecast 2021-2026

                              5.5.4 Others

                              Exhibit 38:  Others: Market size and forecast 2021-2026

                              Exhibit 39:  Mechanical construction - Year-over-year growth 2021-2026 (%)

               5.6 General Construction - Market size and forecast 2021-2026             

                              Exhibit 40:  General construction - Market size and forecast 2021-2026 ($ billion)

                              5.6.1 Base building shell construction

                              Exhibit 41:  Base building shell construction: Market size and forecast 2021-2026

                              5.6.2 Architecture planning and designing

                              Exhibit 42:  Architecture planning and designing: Market size and forecast 2021-2026

                              Exhibit 43:  General construction - Year-over-year growth 2021-2026 (%)

               5.7 Security solutions - Market size and forecast 2021-2026     

                              Exhibit 44:  Security solutions - Market size and forecast 2021-2026 ($ billion)

                              5.7.1 Logical security solution

                              Exhibit 45:  Logical security solution: Market size and forecast 2021-2026

                              5.7.2 Physical security solution

                              Exhibit 46:  Physical security solution: Market size and forecast 2021-2026

                              Exhibit 47:  Security solutions - Year-over-year growth 2021-2026 (%)

               5.8 Market opportunity by Component             

                              Exhibit 48:  Market opportunity by Component

6. Customer landscape                        

               6.1 Customer landscape          

                              Exhibit 49: ?Customer landscape?

7. Geographic landscape                     

               7.1 Geographic Segmentation               

                              Exhibit 50:  Market share by geography 2021-2026 (%)

               7.2 Geographic Comparison   

                              Exhibit 51: Geographic comparison

               7.3 North America - Market size and forecast 2021-2026          

                              Exhibit 52:  North America - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 53:  North America - Year-over-year growth 2021-2026 (%)

               7.4 APAC - Market size and forecast 2021-2026             

                              Exhibit 54:  APAC - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 55:  APAC - Year-over-year growth 2021-2026 (%)

               7.5 Europe - Market size and forecast 2021-2026         

                              Exhibit 56:  Europe - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 57:  Europe - Year-over-year growth 2021-2026 (%)

               7.6 South America - Market size and forecast 2021-2026          

                              Exhibit 58:  South America - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 59:  South America - Year-over-year growth 2021-2026 (%)

               7.7 MEA - Market size and forecast 2021-2026              

                              Exhibit 60:  MEA - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 61:  MEA - Year-over-year growth 2021-2026 (%)

               7.8 Key leading countries        

                              Exhibit 62:  Key leading countries

               7.9 Market opportunity by geography

                              Exhibit 63:  Market opportunity by geography

8. Drivers, Challenges, and Trends                  

               8.1 Market drivers      

                              8.1.1 Rise in adoption of multi-cloud and network upgrade to support 5G

                              8.1.2 Demand planning and expansion by hyperscalers

                              8.1.3 Growing demand among SMEs

               8.2 Market challenges              

                              8.2.1 Cybersecurity issues

                              8.2.2 Time to market and high initial costs

                              8.2.3 Increasing power consumption

                              Exhibit 64:  Impact of drivers and challenges

               8.3 Market trends      

                              8.3.1 Implementation of AI in data centers

                              8.3.2 Increased adoption of HPC across enterprises

                              8.3.3 Consolidation of data centers

9. Vendor Landscape                            

               9.1 Overview

               9.2 Vendor landscape

                              Exhibit 65:  Vendor landscape

                              Exhibit 66:  Landscape disruption

                              Exhibit 67:  Industry risks

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 68:  Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 69:  Market positioning of vendors

               10.3 Alphabet Inc.      

                              Exhibit 70:  Alphabet Inc. - Overview

                              Exhibit 71:  Alphabet Inc. - Business segments

                              Exhibit 72:  Alphabet Inc. - Key offerings

                              Exhibit 73:  Alphabet Inc. - Segment focus

               10.4 Amazon.com Inc.

                              Exhibit 74:  Amazon.com Inc. - Overview

                              Exhibit 75:  Amazon.com Inc. - Business segments

                              Exhibit 76:  Amazon.com Inc- Key news

                              Exhibit 77:  Amazon.com Inc. - Key offerings

                              Exhibit 78:  Amazon.com Inc. - Segment focus

               10.5 Cisco Systems Inc.            

                              Exhibit 79:  Cisco Systems Inc. - Overview

                              Exhibit 80:  Cisco Systems Inc. - Business segments

                              Exhibit 81:  Cisco Systems Inc-Key news

                              Exhibit 82:  Cisco Systems Inc. - Key offerings

                              Exhibit 83:  Cisco Systems Inc. - Segment focus

               10.6 DXC Technology Co.        

                              Exhibit 84:  DXC Technology Co. - Overview

                              Exhibit 85:  DXC Technology Co. - Business segments

                              Exhibit 86:  DXC Technology Co. - Key offerings

                              Exhibit 87:  DXC Technology Co. - Segment focus

               10.7 Equinix Inc.         

                              Exhibit 88:  Equinix Inc. - Overview

                              Exhibit 89:  Equinix Inc. - Business segments

                              Exhibit 90:  Equinix Inc. - Key news

                              Exhibit 91:  Equinix Inc. - Key offerings

                              Exhibit 92:  Equinix Inc. - Segment focus

               10.8 Huawei Investment and Holding Co. Ltd.

                              Exhibit 93:  Huawei Investment and Holding Co. Ltd. - Overview

                              Exhibit 94:  Huawei Investment and Holding Co. Ltd. - Business segments

                              Exhibit 95:  Huawei Investment and Holding Co. Ltd. - Key offerings

                              Exhibit 96:  Huawei Investment and Holding Co. Ltd. - Segment focus

               10.9 International Business Machines Corp.    

                              Exhibit 97:  International Business Machines Corp. - Overview

                              Exhibit 98:  International Business Machines Corp. - Business segments

                              Exhibit 100:  International Business Machines Corp. - Segment focus

               10.10 Microsoft Corp.              

                              Exhibit 101:  Microsoft Corp. - Overview

                              Exhibit 102:  Microsoft Corp. - Business segments

                              Exhibit 103:  Microsoft Corp. - Key offerings

About Technavio

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 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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio