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Data Center Services Market 2021-2027 | Growth Forecast & Industry Share Report

Data Center Services Market 2021-2027 | Growth Forecast & Industry Share Report

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Data Center Services Market 2021-2027 | Growth Forecast & Industry Share Report

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  1. Data Center Services Market Study by Regional Outlook and Competitive Landscape to 2027 Recent trends in the global data center services market are driven by numerous investment initiatives for capacity expansion by key industry participants. Citing an instance, in January 2021, Equinix announced plans for investing in its data center capacity in Finland. The company is keen on the expansion of two of its International Business Exchange sites, HE5 and HE7, located in Helsinki, and intends to make an investment of 32 million euros. Such strategic initiatives are touted to boost data center services industry growth, impelling revenue expansion through the analysis period. According to the latest research by Global Market Insights, Inc., the global data center services market size is estimated to exceed USD 25 billion by 2027. Request Customization Request Sample This will augment the company’s capacity for supporting the digitization of its international and local clientele. Till date, Equinix has made an investment of approximately €147M in its Finland data centers. The volume of data processed, generated and utilized, across various industries continues to escalate at a rapid pace, reinforced by the tremendous demand for network services amid the COVID-19 pandemic. © 2017 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  2. The MEA data center services market is anticipated to depict appreciable growth through 2027 owing to an escalation in the number of data center construction projects in the region. Numerous countries comprising Saudi Arabia and the UAE are encouraging the adoption of digital technologies for supporting economic growth. Various data center service providers are focusing on the expansion of their presence in the MEA. In December 2020, a UAE-based telecom major, Du, disclosed plans regarding the launch of two data centers in the country during the Q1 of 2021. This would cause an escalation in the demand for advanced services, ensuring optimum data center deployment and functioning in the country. The data center services industry growth is further stimulated by a rise in the number of SMEs at the global level. These business establishments do not require large data center spaces owing to budgetary constraints and limited IT requirements. Also, small data center authorities demand customized installation services in view of the space constraints, demanding the data center to be developed in minimum space. On the whole, the worldwide expansion of IT & telecom, manufacturing, and colocation industries is poised to bolster the demand for various data center operations, propelling data center services market expansion over the assessment period. To browse this report titled, “Data Center Services Market Study by Regional Outlook and Competitive Landscape to 2027” https://www.gminsights.com/industry-analysis/datacenter-services-market Prominent data center services companies are focusing on the provision of high-end services for catering to numerous data center requirements at the global level. Highlighting an instance, DCR (Data Center Resources) offers data center installation and design services, assisting enterprises to complete critical projects in a timely and professional manner. Key players operating in the market are: ABB Ltd, Cisco Systems, Inc, Dataspan, Dell Inc., DXC Technology, Eaton Corporation Equinix, Inc. , Fujitsu Limited, HCL Technologies Ltd, Hewlett Packard Enterprise Limited, Hitachi Ltd., Huawei Technologies Co. Ltd, Hypertech, IBM Corporation, Megahertz Infotech, Schneider Electric SE , Siemens AG, Sift Technologies Ltd. Vertiv Group Co, Workspace Technology Limited © 2017 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  3. About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone:1-302-846-7766 Toll Free: 1-888-689-0688 Email: sales@gminsights.com Web: https://www.gminsights.com/ Social Media: Google+ | LinkedIn | Twitter | Facebook © 2017 Global Market Insights Inc. All Rights Reserved www.gminsights.com

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