DUBLIN, June 29, 2023 /PRNewswire/ -- The "Data Center Support Infrastructure: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Data Center Support Infrastructure Market to Reach $121.7 Million by 2030
In the changed post COVID-19 business landscape, the global market for Data Center Support Infrastructure estimated at US$64.2 Million in the year 2022, is projected to reach a revised size of US$121.7 Million by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030.
Power, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$53.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cooling segment is readjusted to a revised 9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $35.2 Million, While China is Forecast to Grow at 10.5% CAGR
The Data Center Support Infrastructure market in the U.S. is estimated at US$35.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7 Million by the year 2030 trailing a CAGR of 10.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 7.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.
Looking Ahead to 2023
Food and fuel inflation will remain a persistent economic problem. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand.
With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.
Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- Data Centers: Information Powerhouses for Modern Day Organizations
- Data Center Support Infrastructure: Current Prospects and Outlook
- Recent Market Activity
- Data Center Support Infrastructure - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
MARKET TRENDS & DRIVERS
- Sustained Demand for Data Center Services Widens Opportunities for Data Center Support Infrastructure Market
- Data Center Workloads Continue to Surge Globally
- Global Data Center IP Traffic in Zettabytes for the Years 2016, 2018, 2020 & 2022
- Rise of Cloud Data Centers Triggers Exponential Rise in Data Center Demand
- Global Data Center IP Traffic Breakdown (in %) by Cloud and Traditional Data Centers for the Years 2017, 2019 and 2021
- Robust Demand for Data Center Storage Amplifies Data Center Workloads
- Global Data Center Storage Capacity: Amount of Data Stored in Data Centers (in Exabytes) for the Years 2015, 2017, 2019 and 2021
- Need for Top of Class Data Center Power Solutions Accelerates Market Expansion
- Global Data Center Power Market Revenues by End-Use Sector (in %): 2019
- Global Data Center UPS Market Size Breakdown by Small Data Centers, Medium Data Centers, and Large Data Centers for 2019
- Soaring Investments on Data Center Cooling Systems Drive Overall Market Momentum
- World Data Center Cooling Market Revenues Breakdown (in %) by Structure for 2019
- Asia-Pacific to Offer Lucrative Opportunities
- Focus on Energy Efficient Data Center Operations Throws the Spotlight on Cooling Innovations
- Increased Emphasis on Data Center Security Underpins Revenue Growth
- Enterprises Step Up Datacenter Security Investments
- Growing Number and Magnitude of Datacenter Security Breaches Fuels Demand for Datacenter Security
- Number of Data Breaches in the US for the Years 2015-2018
- Top Data Center Security Breaches: A Review
- Logical Data Center Security Solutions Score Over Physical Data Center Security Solutions
- Global Data Center Security Solutions Market Breakdown (in %) by Logical Security Solutions and Physical Security Solutions Segments: 2019
- Data Center Monitoring & Measurement Technologies: Major Revenue Contributors
- Elimination of Unnecessary Infrastructure & Focus on Consolidation
- Identification of Underutilized Servers
- Modernization Initiatives of Government & Public Sector Data Centers Widen Business Prospects
- High Growth Prospects in Banking and Financial Services Data Centers
- Novel Growth Opportunities Prevail in Power & Energy Sector
- Futuristic Hyperscale and 400G Data Centers Augment Business Case
- Big Data and Cloud Computing Proliferate Demand for Hyperscale Data Centers
- Number of Hyperscale Data Centers Worldwide (in Units) for the Period 2015-2021
- Advanced Data Center Infrastructure Solutions for Hyperscale Requirements
- AI and ML Come to the Fore to Reinforce Data Center Support Infrastructure Marketplace
FOCUS ON SELECT PLAYERS (Total 39 Featured)
- ABB Limited
- Eaton Corporation
- Hewlett Packard Enterprise Development LP
- Hitachi Vantara
- Huawei Technologies Co., Ltd.
- Intel Corporation
- McAfee, LLC
- Raritan, Inc.
- Rittal GmbH & Co. KG
- Schneider Electric SE
- Siemens AG
- Vertiv Group Corp.
For more information about this report visit https://www.researchandmarkets.com/r/yozcpe
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