London, 04 November 2014 – TechNavio, a tech-focused research firm, has published a new report on the Global Data Center Market, which indicates that the market for centralized computing facilities is expected to grow at a CAGR of 10.6 percent from 2014-2018.
Technological developments in the data center industry have led to increased computing capacity and smaller equipment size. Many data center equipment vendors, including Avaya, Cisco and HP, have started providing modular computing solutions that are smaller in size and deliver high-performance computing (HPC) solutions for enterprises.
“The reduced size of computing equipment enables enterprises to adopt modular or containerized data center facilities, where the entire data center is hosted within one container,” says Faisal Ghaus, Vice President of TechNavio.
“Increased modularity ups the capacity of the data center facility and the capacity of the computing resources that can be hosted in a specific space. This modern modular computing equipment consumes less power and delivers HPC solutions for enterprises.”
The growing Global Cloud Computing Market and increased adoption of virtualized computing equipment by enterprises are also factors propelling overall market growth. The introduction of virtualization technology is enhancing the productivity of existing computing infrastructure as it optimizes the performance of computing facilities.
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