Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 66.95 Billion | USD 168.38 Billion | 10.79% | 2023 |
Zion Market Research has published a report on the global Data Center Support Infrastructure Market, estimating its value at USD 66.95 Billion in 2023, with projections indicating that it will reach USD 168.38 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 10.79% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Data Center Support Infrastructure industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
A data center support infrastructure is nothing but a digitalized infrastructure utilized for promoting data consumption and sharing. Like other infrastructures, it is developed to meet the demand of the society and industry for a data economy to function. Data center support infrastructure indicates the crucial operational systems of a particular data center related to a firm, which is needed in its processing operations and data storage. Most of the data center support infrastructures consist of cooling, power, measurement and monitoring systems, and security, which assist in up-keeping data center’s sole operations of data processing and storage.
Increasing demand for storage of data and its efficient and reliable processing are factors driving the global market for data center support infrastructure. Increasing awareness among people and industry about the advantages of data center support infrastructure has given a huge support in the development of the global market. Moreover, the low cost for the raw materials as well as maintenance plays a vital role in the development of the global market. Similarly, affordable labor charges and increased job opportunities are the factors driving the global market for data center support infrastructure. In addition, low cost for transportation is also an important factor boosting the global data center support infrastructure market.
Report Attributes | Report Details |
---|---|
Report Name | Data Center Support Infrastructure Market |
Market Size in 2023 | USD 66.95 Billion |
Market Forecast in 2032 | USD 168.38 Billion |
Growth Rate | CAGR of 10.79% |
Number of Pages | 110 |
Key Companies Covered | ABB, Emerson Network Power, IBM, Eaton, Huawei, Schneider Electric, Dell, HP, McAfee, and Raritan, among others |
Segments Covered | By Type Of Infrastructure, By Type Of Service, By Industry Verticals, By End-User And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global data center support infrastructure market is divided based on type of infrastructure, type of service, industry verticals, end-user and by region. All the segments of data center support infrastructure market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on the type of infrastructure, the global data center support infrastructure market is segmented as power, cooling, security, and monitoring and measurement.
On the basis of the type of service, the global data center support infrastructure market is segmented into consulting, professional, and system integration.
Based on industry verticals, the global market is segmented as IT and telecom, retail, healthcare, government and defense, manufacturing and energy, BFSI, research and academic, and others.
Based on the type of end-user, the global data center support infrastructure market is divided as the cloud provider, enterprise, and co-location provider.
Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The global data center support infrastructure market is flourished along North America, Asia Pacific, Europe, the Middle East and Africa, and South America. Asia Pacific is said to be the fastest growing network for the global market owing to countries such as China and India which are adopting the new technologies. On the other hand, South America is said to rule the global data center support infrastructure market in the near future. This gives a push for the growth of the global market. The U.S. in North America and European countries such as Germany also play a vital role in the elevation of growth of the global data center support infrastructure market.
Some main participants of the Data Center Support Infrastructure market are:
The Global Data Center Support Infrastructure Market is segmented as follows:
By Type of Infrastructure
By Type of Service
By Industry Verticals
By End-User
Data Center Support Infrastructure Market: Regional Segment Analysis
FrequentlyAsked Questions
Increasing demand for storage of data and its efficient and reliable processing are factors driving the global market for data center support infrastructure. Increasing awareness among people and industry about the advantages of data center support infrastructure has given a huge support in the development of the global market.
According to Zion Market Research, global demand for Data Center Support Infrastructure market is expected to generate revenue of around USD 69.04 Billion by end of 2026, growing at a CAGR of around 10.2% between 2020 and 2026.
The global data center support infrastructure market is flourished along North America, Asia Pacific, Europe, the Middle East and Africa, and South America.
Some main participants of the Data Center Support Infrastructure market are ABB, Emerson Network Power, IBM, Eaton, Huawei, Schneider Electric, Dell, HP, McAfee, and Raritan, among others.
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