Global Data Center for Service Market Overview:
Data center for services envelops the entirety of the administrations and facility-related components that help the implementation, maintenance, operation, and enhancement of a data center which is an environment that gives preparing, capacity, organizing, and the appropriation of data inside an endeavor. A Data center is a facility that gives shared admittance to applications and information utilizing a complicated organization, figure, and capacity foundation. Industry principles exist to help with planning, building, and keeping up with server farm offices and frameworks to guarantee the information is both secure and exceptionally accessible.
- Increased in cloud technology adoption across the different industrial sectors
- Growing the new technologies such as IoT, machine learning, and other increase the demand for the data centers for services
- Lack of technically skilled and expert professionals
- Lack of technology infrastructure development in emerging countries
- Increase investment in research and development of technology that reduces the current technology errors
- Development of technology infrastructure in the emerging countries
- The high initial investment required for the data center for services
- High maintenance and managing cost of services
The Data center for services market is a fragmented market with the availability of different giant players in the market. The companies are continuously involved in the development of new technology advancement and increase the presence across the emerging countries. Also, companies are collaborating and making strategic partnerships with the small regional players.
Some of the key players profiled in the report are Cisco Systems (United States), Dell Inc. (United States), Equinix (United States), Fujitsu Limited (Japan), Hewlett Packard Enterprise Company (United States), Hitachi (Japan), Huawei (China), International Business Machines Corporation (United States), Schneider Electric (France) and Vertiv Co. (United States). Additionally, following companies can also be profiled that are part of our coverage like Digital Realty (United States), NTT Communications (Japan), Coresite (United States), Verizon (United States) and Cyxtera Technologies (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Data Center for Service market by 2026.
Latest Market Insights:
On 14 January 2021, Cisco and Acacia Communications announced an amendment to the definitive merger agreement under which Cisco previously agreed to acquire Acacia. This acquisition of Acacia reinforces Cisco’s commitment to optics as a critical building block that will enhance the company’s ‘Internet for the Future’ strategy with world-class coherent optical solutions for customers, further enabling them to address the unprecedented scale of modern IT.
On 15 June 2021, Microsoft launched the newest sustainable data center region in Arizona, known as “West US 3.” Datacenters are engines for modern business, providing organizations of all sizes the cloud services and tools to innovate, collaborate, and operate securely and efficiently at scale.
What Can be Explored with the Data Center for Service Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Data Center for Service Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Data Center for Service
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Data Center for Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Data Center for Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Data Center for Service market companies, Government bodies such as regulating authorities and policymakers, Industry associations, Organizations, associations, and alliances related to the Data Center for Service market industry and Research organizations and consulting companies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Data Center for Service Market?
The Data Center for Service market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Data Center for Service Market?
Top performing companies in the Global Data Center for Service market are Cisco Systems (United States), Dell Inc. (United States), Equinix (United States), Fujitsu Limited (Japan), Hewlett Packard Enterprise Company (United States), Hitachi (Japan), Huawei (China), International Business Machines Corporation (United States), Schneider Electric (France) and Vertiv Co. (United States), to name a few.
3. What trending factors would impact Data Center for Service Market growth most?
"Increased in cloud technology adoption across the different industrial sectors
" is seen as one of major influencing trends for Data Center for Service Market during projected period 2020-2026.