Data Center Market Growing Popularity and Emerging Trends to 2030

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Market Overview

Data centers are centralized facilities that house computing and networking equipment to collect, store, process, and distribute large amounts of data. Key components include:

• Servers – for processing and storing data
• Storage infrastructure – SAN, NAS, backup
• Networking – switches, routers, firewalls
• Cooling systems – CRAC, CRAH units
• Power infrastructure – backup power supplies
• Racking and cabling
• Software and security solutions

Hyper-scale cloud data centers support the surging demand for computing power, storage and services. Colocation and edge data centers also fulfill key roles in modern IT.

Key Market Segments

The data center market is segmented by infrastructure, IT infrastructure, services, end-user industry and region:

• Infrastructure: Electrical, Mechanical, General Construction
• IT Infrastructure: Server Infrastructure, Storage Infrastructure, Network Infrastructure
• Services: Consulting, System Integration, Professional
• End-User Industry: BFSI, IT & Telecom, Government, Healthcare, Others
• Region: North America, Europe, APAC, Latin America, Middle East & Africa

Key Market Drivers

• Growth in hyperscale and cloud computing adoption
• Emergence of IoT, big data and AI driving workloads
• Focus on cost optimization, energy efficiency, sustainability
• Increasing demand for colocation services
• High-density, hyper-converged infrastructure
• Rising enterprise digital transformation initiatives

Key Companies

Leading data center infrastructure providers include:

• Cisco
• Dell
• HPE
• IBM
• Huawei
• Lenovo
• NetApp
• Vertiv Group
• Equinix
• NTT Communications

Regional Insights

North America was the largest region accounting for over 35% market share in 2021. Asia Pacific is expected to grow at a high CAGR during 2022-2030.

Latest Industry Trends

• Adoption of advanced power usage effectiveness monitoring
• Waterless cooling techniques leveraging outside air
• Machine learning enabled predictive maintenance
• Development of modular and prefabricated data centers
• Growing rack power density and adoption of 48V infrastructure

In summary, data centers will continue to evolve with innovative infrastructure and designs to meet the exponential data requirements and emerging technology workloads of the digital economy.

Source: https://www.marketresearchfuture.com/reports/data-centre-market-4721