DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9n72k3/service_market) has announced the addition of the "Service Market for Data Center by Service Type, by Data Center Type, and by Data Center Tier Type - Global Forecast to 2019" report to their offering.
The Services Market for Data Center is expected to grow from $30.16 Billion in 2014 & to reach $ 62.80 billion by 2019, at a CAGR of 15.80% from 2014 to 2019
Schneider Electric (France), Emerson Network Power (U.S.), Cisco (U.S.), IBM Corp. (U.S.), and HP (U.S.) are a few of the key players operating in the global service market for data center.
The global service market for data center has been broadly classified into types of services, i.e. Consulting, Installation, Professional, Training and Development, Maintenance. The professional and consultation service is estimated to account for the larger share of the global service market for data center in 2014. The service market for data center is expected to grow at the high CAGR in the next five years, owing to factors such as growing technological advancements, increasing requirements of various kinds of post and pre sales services and growth in numbers of new data centers.
The Services Market for Data Center is further segmented on the basis of end user i.e. cloud provider, colocation provider and enterprises and by data center tier type i.e. Tier 1, Tier 2, Tier 3, Tier 4.
A number of factors including increasing numbers of cloud and colocation service providers, requirement of improved and efficient data center operability, energy efficiency, technological developments, and requirement of improved utilization of existing systems are driving the growth of the global service market for data center. However, shrinking Information Technology (IT) budgets of the company and high transformation pace of infrastructure management are some of the key restraints and challenges faced by market players.
Partnerships, expansion and collaborations are the key strategies adopted by the major players to develop their position in the global service market for data center. Moreover, strategies such as new service launches, agreements, ,joint ventures, and acquisitions were also adopted by a significant number of market players to strengthen their service portfolios and expand their geographic presence.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Service Market For Data Center, By Service Type
8 Service Market For Data Center, By Tier Type
9 Service Market For Data Center, By End User
10 Service Market For Data Center, By Vertical
11 Service Market For Data Center, By Region
12 Competitive Landscape
13 Company Profiles
- Emerson Network Power
- Schneider Electric
For more information visit http://www.researchandmarkets.com/research/9n72k3/service_market