Global Data Center Solutions Market Report 2024, Author

DUBLIN, April 2, 2024 (GLOBE NEWSWIRE) — By offering (hardware, software, services), data center type (enterprise data center, cloud data center, colocation data center), tier type, data Global Data Center Solutions Market “Center Size, Vertical, Region – Forecast to 2028” report added ResearchAndMarkets.com Recruitment.

The data center solutions market is expected to grow from USD 338.8 billion in 2023 to USD 591.7 billion by 2028, at a compound annual growth rate (CAGR) of 11.8% during the forecast period. The rapid growth of AI and ML workloads and the cloud computing revolution are driving the demand for the data center solutions market. Scalability and flexibility issues are key challenges for the growth of the data center solutions market.

Per hardware, the cooling module segment is expected to grow at the highest CAGR during the forecast period.

Cooling modules are essential components of the hardware segment of data center solutions, focused on managing and maintaining optimal operating temperatures for IT equipment. Adequate cooling is essential to prevent overheating, ensure hardware reliability, and maximize the overall efficiency of data center operations. These modules contain a variety of technologies and systems designed to dissipate heat generated by IT infrastructure and maintain a suitable environment for electronic components. One of the key elements of the cooling module is the precision air conditioning system. These systems provide targeted cooling to specific areas within a data center, delivering conditioned air to equipment racks and server aisles. Precision air conditioning enables precise temperature control, ensuring your IT equipment operates within its optimal temperature range.

By data center type, enterprise data centers are expected to hold the largest market share in 2023.

Enterprise data centers give you complete control over the privacy and security of your data. However, this also means that organizations must implement and maintain all security measures. Building and maintaining an enterprise data center involves significant capital expenditures, including land, building construction, equipment, and ongoing operating costs. On-site data centers require reliable power and cooling systems, extensive networking, security systems, and more, which can be cumbersome to support in-house, especially for small to medium-sized businesses.

By region, Europe is expected to gain the second-largest market share during the forecast period

The European data center solutions market is characterized by a dynamic situation, with increasing demand for advanced, scalable and energy-efficient infrastructure. As a hub for technological innovation, Europe is seeing a significant increase in investment in data centers to meet the evolving requirements of businesses and consumers. Major countries such as UK, Germany, France, and Netherlands contribute significantly to the data center market in this region. Europe is seeing a shift towards sustainable green data center practices driven by environmental concerns and regulatory initiatives. To reduce the environmental impact of data center operations, there is increasing emphasis on the use of renewable energy sources and the implementation of energy-efficient technologies.

This report provides insights such as:

• Analysis of key drivers (cloud computing revolution, growing edge computing trends, data explosion and analytics, rapid growth of AI and ML workloads, expanding data center capacity, increasing sustainability and green initiatives) . Constraints (high initial investment, implementation complexity). Opportunities (emergence of generative AI, increasing demand for edge data centers as a service, increasing demand for hybrid and multicloud deployments). Challenges impacting the growth of the data center solutions market (rapid technological advancements, complexity of scalability and flexibility, security concerns).
• Product Development/Innovation: Detailed insights into upcoming technologies, research and development activities, and new product and service launches in the Data Center Solutions market.
• Market Development: Comprehensive Information on Profitable Market – This report analyzes the Data Center Solutions market across various regions.
• Market Diversification: Thorough information on new products and services, untapped regions, recent developments, and investments in the Data Center Solutions market.
• Competitive Assessment: A detailed assessment of the market share, growth strategies, and service offerings of leading companies such as AWS (US), Microsoft (US), Google (US), Equinix (US), and Dell (US). in the data center solutions market.

Key attributes:

Main topics covered:

executive summary

• Data Center Solutions Market Size and Growth, 2018-2022 (USD Million, % YoY)
• Data Center Solutions Market Size and Growth, 2023-2028 (USD Million, % YoY)
• Global data center solutions market will experience significant growth
• North America will account for the largest market share in 2023
• Fastest growing segment of data center solutions market

premium insights

• Attractive Growth Opportunities for Players in the Data Center Solutions Market – Digital Transformation and Accelerating Demand for Cloud Services Driving the Market
• Data Center Solutions Market, By Offerings, 2023 vs. 2028 – Hardware segment to account for largest market share during the forecast period
• Data Center Solutions Market, by Data Center Type, 2023 vs. 2028 – Enterprise Data Center Sector to Account for Largest Market Share in 2023
• Data Center Solutions Market by Tier Type, 2023 and 2028 – Tier 4 segment will account for largest market share in 2023
• Data Center Solutions Market by Data Center Size, 2023 vs. 2028 – Large data center sector will account for largest market share in 2023
• Data Center Solutions Market, by Segment, 2023 vs. 2028 – BFSI segment accounts for largest market share during the forecast period
• Data Center Solutions Market: Regional Scenario, 2023-2028 – Asia-Pacific region emerges as key investment market in next five years

Market overview and industry trends

driver

• cloud computing revolution
• The growing trend of edge computing
• Data explosion and analysis
• Rapid growth in AI and ML workloads
• Expanding data center capacity
• Strengthening sustainability and green initiatives

restraints

• high initial investment
• Implementation complexity

opportunity

• The emergence of generative AI
• Data center expansion in developing regions
• Growing demand for edge data centers as a service
• Increasing demand for hybrid and multicloud deployments

assignment

• rapid technological advancement
• Scalability and flexibility complexity
• security concerns

case study analysis

• Microsoft chooses Liquidstack’s immersion cooling technology for its cloud servers
• China Mobile International introduces local data center to expand Japanese market
• Stewart engineered continuous uptime by deploying Eaton products
• Thyssenkrupp Steel expands IT infrastructure with Rittal Edge data center
• Careerbrain meets essential requirements for competitive customer service with Fujitsu products
• Lower costs and higher performance with Volkswagen Virtualized Server by Fujitsu

Introduced companies

• AWS
• microsoft
• Google
• Equinix
• Dell Technologies
• huawei
• digital realty
• NTT
• KDDI
• HPE
• Shilson
• china telecom
• Cyxtera Technologies
• Gds Holdings
• core site
• QTS data center
• 365 data center
• alibaba cloud
• oracle
• iron mountain
• IBM
• schneider electric
• Rack Bank Data Center
• liquid stack
• hyper view
• dart point

For more information on this report, please visit https://www.researchandmarkets.com/r/fsg5hq.

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• Global data center solutions market