Comprehensive Report on Global Data Center Infrastructure Market by Knowledge Sourcing Intelligence
Data Center
Infrastructure Market is expected to witness CAGR of 6.10% over the forecast
period to cross $170 billion by 2021, from the current estimate of $130
billion. This growth can be attributed to a significant increase in investment
in data center infrastructure and solutions. The research
study is based on Knowledge Sourcing Intelligence’s proprietary research model.
The process involves sourcing of information from various industry experts, key
professionals, decision makers, and various other stakeholders along with the
validation of the responses received from the vast in-house database and
premium paid databases like Hoovers, Factiva, Businessweek, OneSource and
others. Government sources were also taken into consideration for the final
market estimates and forecast of this detailed study of Data Center
Infrastructure Market. Market Research is done by
the knowledge sourcing industry due to the huge scope with the respective
industry.
Data center
infrastructure comprises of physical or hardware- based resources and
components. The model is designed such that it includes all the necessary
components used to create a data center. It includes servers, computers,
networking equipment (routers or switches), security (firewall or biometric
security system), storage, and various data management software or
applications. Power, cooling devices, cables, physical server racks, etc. are
also the non-computing part of data center infrastructure. The global data
center infrastructure market is growing significantly and is expected to rise
at CAGR of 6.10% during the forecast period, crossing $170 billion by 2021. The
market is driven by factors such as increasing adoption of cloud computing and
virtualization solutions and IT infrastructure outsourcing. All these factors
have resulted in the rise in demand for both hardware and software solutions
such as power, cooling tools, servers, networking infrastructure and the like.
Americas region will continue to dominate the market over the forecast period.
However, the high growth of cloud computing usage in the Asia-Pacific region will
surpass the contribution level of the Americas to overall Data Center
Infrastructure market by 2021.
DATA CENTER INFRASTRUCTURE MARKET ANALYSIS
AND FORECAST BY INDUSTRY VERTICALS
BANKING AND
FINANCIAL SERVICES
Data security,
compliance and requirement for huge data storage are the key aspects of
technology deployment in the banking and financial services industry. The
industry requires analyzing huge volumes of customer data gathered from
different sources to provide efficient and customer-centric services.
Traditionally, banks and financial institutions have been running and operating
their own data centers. However, with the advancement in technologies, and high
adoption of cloud computing solutions, while keeping the infrastructure costs
low, investment in new solutions become imperative for financial enterprises
considering latest hardware and software solutions, which can handle complex
data sets and analyze them while maintaining the privacy of customer data. BFSI
sector is witnessing growth across the world and enterprises are constantly
upgrading their existing IT infrastructure while moving on to the latest
solutions. In developing economies such as India, there is a renewed focus on
social integration. Schemes like “Jan Dhan Yojana”, “Direct Benefit Transfer”
and other such initiatives are creating the need for new data storage facilities
in this sector. Data Center Infrastructure Market – BFSI – Forecasts from 2015
to 2021 ($ billion) 2015 2016 2017 2018 2019 2020 2021 CAGR X.XX 4.70 X.XX X.XX
X.XX X.XX X.XX 15.50% Source: Knowledge Sourcing Intelligence, Secondary
Research, Primary Inputs Data center infrastructure market for the banking and
financial services industry is estimated to be worth $X.XX billion in 2015,
accounting for XX% of the market and will reach $X.XX billion by the end of
2021, at a CAGR of XX.XX%.
DATA CENTER INFRASTRUCTURE MARKET BY
GEOGRAPHY
Data Center The infrastructure market is segmented geographically into Americas, Europe Middle
East and Africa, and Asia-Pacific. These regions have been further segmented by
major countries, which are important data center infrastructure markets.
AMERICAS
Americas region
is the major market for the Data Center Infrastructure market globally. The region
will continue to dominate this market worldwide on account of increased
spending by the SMBs and government enterprises, regulations, cloud computing
and up gradation of existing data center infrastructure. The region accounted
for more than 50% of the global data center infrastructure market in 2015, with
the U.S. being the major market in the region.
The U.S. was the
major data center infrastructure market with a share of XX.XX% of the overall
Americas region in 2015, followed by Canada (X.XX%), Brazil (X.XX%), Mexico
(X.XX%) and others (X.XX%). The U.S. will continue to dominate the global and
Americas market over the next five years, though its overall share will decline
on account of high growth being observed in developing nations.
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