Technavio market research analysts foresee positive growth for many segments of the data center industry in the next five years. In their recent findings, Technavio talks about three booming markets under the data center industry that are anticipated to generate considerable revenues and grow at a consistent rate during the forecast period.
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Global Data Center Cooling Solutions Market 2017-2021
The emergence of cloud-based services is revolutionizing the data center sector and boosting the demand for various solutions. The adoption of cloud-based services by various enterprises across the globe will augment the growth of the global data center cooling solutions market during the forecast period. The vendors in the market will offer innovative cooling solutions to meet customer requirements and increase their profitability. The growth in the data center and data center construction industry will lead to the development of the data center cooling solutions market. Technavio’s market research analysts present an in-depth analysis of the various parameters including the shift in customer preferences and the overall market performance. Request a sample report
Global Data Center Power Market 2016-2020
The global data center power market is witnessing the construction of energy-efficient infrastructure in the data center industry. The companies are investing in the development and construction of green data center facilities that will help them reduce carbon emission and the consumption of electricity. The vendors are implementing methodologies like free cooling, use of renewable energy sources, consolidation, and waste recycling to improve the performances of these data centers and promote sustainable development in the industry. These efforts will aid the global data center power market to grow at a CAGR of around 15% by 2020.
Research analysts at Technavio have classified the geographical segmentation of the market into the Americas, APAC, and EMEA. The use of renewable energy sources for powering new data center facilities in the US market will help the Americas dominate that market share, occupying around 40% of the total market share by 2020. Request a sample report
Global Data Center Network Infrastructure Market 2016-2020
Various companies are adopting network virtualization to enhance agility, improve efficiency and reduce the cost of operations. These benefits of network virtualization will result in the growth of the global data center network infrastructure market. This process includes network resources such as switches, routers, and WAN optimization that offers scalability, improved security, availability, and aids in better management. The modern infrastructure is enabled with software-defined networking (SDN) and is implemented with NFV technologies. The market is estimated to growth from around USD 18 million in 2015 to more than USD 22 million by 2020.
Key vendors in the market are investing in the development of new technologies and implementing green practices to promote sustainable business development. Cisco is the leading vendor in the market, and recently, the company announced data center technology innovations for their hybrid cloud environment that include networking, hyper-converged infrastructure, and cloud orchestration. Request a sample report
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