DUBLIN--(BUSINESS WIRE)--The "Mega Data Center Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.
Globally, the mega data center market is expected to grow with a CAGR of 5.1% during the forecast period from 2021 to 2029, starting from US$ 20.88 Bn in 2020.
Transformation of information and communication technologies and evolution of new generations of data management techniques is likely to fuel the growth of the Mega Data Center Market
Globally, the information communication technology industry is going through a major transformation. Growing digital demand and virtualization is generating large amount of data which needs effective data storage and processing techniques.
Emergence of new and progressive technologies are enabling the shift from traditional data storage techniques to far more advanced versions of storage and processing facilities. Mega data centers is one such facility that can be referred as a single facility with over 15,000 or more services.
It was expected that by 2020, mega datacenters would play host to 70% of all service provider data center construction projects. Mega data centers offers high storage volume, bandwidth, computing abilities and assists large-scale data transfer processes. As they are cost-effective with respect to operations, reliable, and accessible, they can be utilized as effective solution to meet the demands of large-scale data storage.
Furthermore, factors such as increasing adoption of cloud services, supplementary cost benefits, and improved economies of scale are also some additional factors that are attributed to the growth of this market. The mega data centers can allow companies to leverage certain confined benefits, such as low energy prices, tax incentives, climate, or accessibility to substitute energy sources, by implementing fewer mega data centers on varied locations.
Mega data centers have unique procurement and supply-chain management practices that strikes down costs. This helps the companies to minimize cost and thereby maximizing profit. However, high investment and installation cost and lack of technical support in developing and underdeveloped countries are likely to restrain the growth of this market during the forecast period.
Some of the prominent players operating in the mega data center market include Cisco Systems Inc., Fujitsu Ltd, Dell Software Inc., Hewlett-Packard Enterprise, Emerson Network Power, EMC Corporation, IBM Corporation, Juniper Networks Inc., Intel Corporation, Schneider Electric SE among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2021 to 2029.
Key questions answered in this report
- What was the market size of mega data center in 2020 and forecast up to 2029?
- Which is the largest regional market for BFSI segment?
- What are the major trends followed in mega data center market across different regions?
- Who are the key mega data center companies leading the market?
- What are the key strategies adopted by the leading Mega Data Center companies in market?
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global MDC Market Value, 2019 - 2029, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2020
3.6 Competitive Analysis
3.6.1 Market Positioning of Key MDC Vendors, 2020
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Mega Data Center (MDC) Market Analysis, by Solution, 2019 - 2029 (US$ Bn)
4.1 Overview
4.2 Storage
4.3 Networking
4.4 Server
4.5 Other Solutions
Chapter 5 Global Mega Data Center (MDC) Market Analysis, by Services Protocol, 2019 - 2029 (US$ Bn)
5.1 Overview
5.2 System integration
5.3 Monitoring services
5.4 Professional services
Chapter 6 Global Mega Data Center (MDC) Market Analysis, by End User, 2019 - 2029 (US$ Bn)
6.1 Overview
6.2 BFSI
6.3 IT & Telecom
6.4 Media & Entertainment
6.5 Government Organizations
6.6 Other End Users
Chapter 7 North America Mega Data Center (MDC) Market Analysis, 2019 - 2029 (US$ Bn)
Chapter 8 Europe Mega Data Center (MDC) Market Analysis, 2019 - 2029 (US$ Bn)
Chapter 9 Asia Pacific Mega Data Center (MDC) Market Analysis, 2019 - 2029 (US$ Bn)
Chapter 10 Rest of the World (RoW) Mega Data Center (MDC) Market Analysis, 2019 - 2029 (US$ Bn)
Chapter 11 Company Profiles
- Cisco Systems Inc.
- Fujitsu Ltd
- Dell Software Inc.
- Hewlett-Packard Enterprise
- Emerson Network Power
- EMC Corporation
- IBM Corporation
- Juniper Networks Inc.
- Intel Corporation
- Schneider Electric SE
For more information about this report visit https://www.researchandmarkets.com/r/ipbmel
