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Data Center Market Data Center Market Share, Size, Trends, Industry Analysis Report, By Type (Hyperscale, Colocation, Edge, and Others); By Component; By Enterprise Size; By End-User; By Region; Segment Forecast, 2024- 2032 Request Free Sample Request Free Sample @Polaris Market Research and Consulting LLP
Market Overviews The global data center market size and share is projected to witness robust growth. It was valued at USD 253.37 billion 253.37 billion in 2023 and is projected to grow to USD 675.96 Billion 675.96 Billion By 2032, exhibiting a CAGR of 11.50% over the forecast period, 2024- 2032. USD USD CAGR of 11.50% Buy Now Buy Now @Polaris Market Research and Consulting LLP
Growth Drives Surging digital data creation from IoT devices fuels demand for scalable data storage infrastructure. • Adoption of cloud computing services increases need for reliable and high-capacity data center facilities. • Virtualization technologies drive demand for centralized processing power and efficient data management solutions • @Polaris Market Research and Consulting LLP
Report Highlights The colocation segment is expected to witness the fastest growth during the forecast period on account of the integration of technologies such as networks and connectivity devices. • The services segment is expected to witness the highest growth during the forecast period, which is mainly driven by cost-effectiveness, higher performance, and flexibility. • In 2022, the large enterprises segment held the largest market share, mainly due to robust communication links. • In 2022, the North American region dominated the largest market share, owing to exponential growth in technology and rising R&D investments across the fastest economies. • @Polaris Market Research and Consulting LLP
Major Competitive •Amazon Web Services (AWS) •Cisco Systems, Inc. •Dell Technologies, Inc. •Equinix, Inc. •Google LLC •Hewlett Packard Enterprise (HPE) •IBM Corporation •Microsoft Corporation •NTT Communications Corporation •Oracle Corporation •Rackspace Technology, Inc. •Schneider Electric SE •Siemens AG @Polaris Market Research and Consulting LLP
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