- The key vendors in the global data center IT equipment market 2015-2019 are Acrista Networks, Brocade Communications, Cisco, EMC2, Dell, Extreme Networks, Fujitsu, Hitachi, HP, Huawei, IBM, Juniper Networks, Lenovo, NetApp and Oracle.
London, 02 November 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global data center IT equipment market 2015-2019. Increased adoption of micro servers is an emerging trend in this market. These servers are compact and occupy less space. It consumes less power, and is appropriate for running small tasks. Enterprises consider adopting micro servers to reduce data center floor space while achieving higher availability. The global data center IT equipment market is expected to grow at a CAGR of 9.79% during the forecast period of 2014-2019.
Global data center server market by product
Source: Technavio, 2015
The cloud service providers (CSPs) and Internet-based organizations are expected to build many hyper-scale data centers around the world, with the installation of modern IT infrastructure such as high-density, mission-critical servers, SAN storage, and 4/100oGb Ethernet switches. Moreover, the utilization of data center IT infrastructure has also increased with the advent of virtualization, enabling competitiveness among businesses.
“Enterprises are focusing more on consolidation, virtualization, and migration to reduce data center infrastructure expenses without compromising in efficiency,” says Faisal Ghaus, Vice President of Technavio Research.
“There is intense competition among vendors to capture the market of CSPs and colocation and web hosting providers owing to the increased construction of data centers by them.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Data Center IT Equipment Market 2015-2019, please send an e-mail to media@TechNavio.com
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