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.

Technavio has announced its latest market research report titled Global Data Center Market 2022-2026
Technavio has announced its latest market research report titled Global Data Center Market 2022-2026

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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

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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.

Data Center Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 21.98%

Market growth 2022-2026

USD 615.96 billion

Market structure

Fragmented

YoY growth (%)

20.22

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 35%

Key countries

US, China, UK, Australia, and Japan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., DXC Technology Co., Equinix Inc., Huawei Investment and Holding Co. Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., and SAP SE

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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.

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Global Data Center Market 2022-2026
Global Data Center Market 2022-2026
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