Datacenter Deployment Spending Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2022
A
fresh intelligence study by Transparency Market Research (TMR)
notified that the global
datacenter deployment spending market has vast opportunities
owing to the emergence of cloud computing and the competitive
landscape is experiencing an influx of new entrants, who are eating
into the shares of market leaders. Some of the prominent companies
currently operating in the global datacenter deployment spending
market are: Google Inc., AT&T, NTT Communication Corporation,
Equinix, Microsoft, IBM, HP Company, Cisco Systems, and Digital
Reality.
If
the estimations of the TMR report are to be believed, the demand in
the global datacenter deployment spending market will expand at an
impressive CAGR of 13.5% during the forecast period of 2017 to 2022.
Revenue-wise, this market contained opportunities worth of
US$44,346.7 mn in 2017, which will nearly double-up by 2022, when the
valuation is projected to reach US$83,650.5 mn. The report observes
that most of the key players are staying ahead of the curve by
expanding their customer base, focusing on digital data, and serving
the growing need for high computation power. In the near future, the
companies who have effective and efficient data center for their
businesses will be able to sustain themselves in this highly
competitive environment, while the new enterprises will construct
data center facilities of their own rather than depending on managed
infrastructure solutions.
Based
on end-buyers, the global datacenter deployment spending market gains
maximum demand for the segment of service provider, which accounted
for 52.6% of the overall demand in 2017 and is estimated to
constitute 57.3% of the total demand by 2022. In terms of revenue,
service provider segment of datacenter deployment spending market is
estimated to be worth US$47,897.3 mn by 2022. Region-wise, the report
picks out North America are most lucrative region, which is
anticipated to serve a demand worth of US$29,389.7 mn by 2022.
Big
Data and IoT a Boon for the Market
Emergence
of the Internet of Things (IoT), increased spending on cloud data
center, need for colocation and managed service data centers, and
growing usage of big data analytics are some of the key factors
driving the global datacenter deployment spending market. The report
observes that several cloud service providers are constructing cloud
data centers in order to offer cloud-based services to end-users of
all kind. Small and medium enterprises are inclining towards cloud
data centers as it offers striking benefits such as reliability,
scalability, and overall reduction in cost of repeated processes.
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Though
it is difficult to gauge exactly how much is spent by companies on
datacenters as they simply lump them in with other capital
expenditures, cloud service providers confess that datacenter spend
accounts for the biggest portion of their capital expenditure. In the
recent times, major cloud providers have started shifting from third
party datacenter facilities to leased processes. For example,
Microsoft and IBM have collaborated with 21Vianet, a Chinese
datacenter provider, to cater to Asia Pacific market. A number of
businesses are now using consumer based applications that are
generating large amounts of structured and unstructured data. Big
data comes in very hand for this high volume of data in order to help
the organizations of understand their business and make decisions
based on them. Big data facilitates faster analysis and increases the
efficiency of computing resources. The report also attributes the
prosperity of the global data center deployment spending market to
the growing usage of RFID sensors to track, tag, connect, and read
objects in warehouses and logistics to popularize the concept of IoT.
With ever increasing number of smart devices, the ideas such as
connected home, connected cars, healthcare, and smart cities are
seeing the light of the day.
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