“Global Data Center Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global data center market. Data centers are centralized facilities that are used for storing, retrieving, and processing physical and virtual data. They are connected to public and private clouds and other data centers across the organizations and consist of various components, such as switches, power distribution units, servers, and firewalls. The data centers are formulated to support commercial applications and activities, such as file sharing, virtual desktops, and Enterprise Resource Planning (ERP).
The global data center market is primarily driven by the increasing deployment of cloud computing and data storage solutions across organizations. With the advent of 4G and 5G networks and the integration of connected devices with the Internet of Things (IoT), there is an increasing need for data centers to manage the large amounts of data thus generated. Moreover, the widespread adoption of data centers in hospitals and other healthcare institutes for maintaining electronic medical records (EMRs) and providing remote access to healthcare providers is favoring the market growth.
Beginning with a global overview, the report explores the dynamics that have a strong influence on the data center market and can also impact its future growth. Taking 2021 as the base year, the report covers the historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints, and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the data center market in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each of these regions, the report studies the data center market in detail for the latest trends, outlooks, and opportunities.
The report analyses the competitive structure of the data center industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the data center industry along with the parameters of Porter’s Five Forces model. This model examines the degree of competition in the data center industry by analyzing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities, and threats pertaining to the data center industry. Furthermore, the value chain analysis of the data center industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales, and distribution.
Key Segments and Highlights of the Global Data Center Market
The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the data center industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs, and tables.
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