Technavio forecasts the global mega data centers market to surpass $14 billion by 2019

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This market research report offers market forecast for mega data centers with growth projections until 2019. The research report includes market shares and forecast for key IT equipment including, power management systems, cooling solutions, general construction, racks, security, and DCIM. The report also provides market shares for APAC, Americas, and EMEA regions. The top companies analyzed by this report include Apple, Facebook, Global Switch, Google, Microsoft, and Switch.

Technavio has released updated information on the data center market, with the publication of its new market research report, global mega data centers market. The global mega data centers market is expected to grow at a CAGR of more than 7% between 2015 and 2019. IT is the backbone of every business, ensuring business continuity and competition, and it is prompting enterprises worldwide to invest in data centers. The Americas dominate the global market for mega data center operations, accounting for 48% of the total market share. The region is home to most of the mega data center operators, and is expected to witness rapid construction of data centers during the forecast period. US is the main revenue generating country in this region.

“Of late, the market is witnessing considerable dependency on data center infrastructure management (DCIM) solutions, that address major issues such as computing resource management, powering and cooling, asset management, IT management, and data center monitoring. DCIM solutions enable the network administrator to efficiently manage and maintain network performance and increase the productivity of the enterprise computing infrastructure,” says Rajkumar P., Industry Manager, ICT, Technavio Research.

Digitalization is enabling many organizations to adopt cloud-based services for their businesses. By 2019, it is expected that 87% of SMEs will operate their businesses through the cloud by adopting the offerings from the leading cloud-based service providers in this market. Cloud computing requires higher computational power but allows for flexible, scalable, and efficient business operations. It is one of the major reasons for the construction of mega data center facilities worldwide.

The leading vendors in the global mega data centers market include Apple, Facebook, Global Switch, Google, Microsoft, and Switch. The market is highly fragmented with the presence of various global and local players. Intense competition prevails in this market where vendors focus on differentiate their product offerings through innovations and investments in research activities.

A more detailed analysis is available in the Technavio report, Global Mega Data Centers Market 2015-2019.

We can customize this reports by other regions and specific segments upon request.

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