Infinium Global Research Data Centres Market | Page 2

Data Centres Market: Global Industry Analysis, Market Size, Trends, and Forecast to 2023.
INTRODUCTION
REPORT DESCRIPTION
Increasing adoption of cloud computing, digitization and virtualization by major
enterprises globally drive the growth of the Global Data Centers Market. Increasing
global IP traffic due to the improving broadband and other internet mediums and
the growing usage of social media as well as content based online media services is
driving the growth of the data Centers market. Increase in usage of mobile data
and increasing applications of 4g are driving telecom operators to acquire more
data center services. Economies of scale and growing number of applications in
various industries drive the growth of demand for mega data centers. Increasing
colocation services, growing cloud services, cost saving, and demand for data
consolidation are major factors that drive the growth of cloud based data Centers.
Growing demand for analytics services are driving the growth of the data Centers
market, as companies have huge pile of data for analysis. Outsourcing of data
Centers by enterprises for cost savings are driving the growth of the market, as
more data Centers are built in developing countries to serve the demand. As more
network based applications are under research, the evolution of internet of things
is anticipated to drive the growth of the global data Centers market in near future.
High consumption of power, increasing construction as well as installation costs,
need for huge floor space, cooling of infrastructure, availability of domain experts
and life cycle management are major restraints for the global data Centers market.
Internet of things, software defined everything technologies, virtualization, cloud
services and green data centers are major growth opportunities for the major
players in the global data Centers market.
The global market is expected to grow at a CAGR of 10.1% over the forecast period
of 2017 – 2023.This report estimates the market size of Data Centersin terms of
value (USD Billion)over the period of 2015 to 2023. The year 2015 and 2016are
considered to be base years, and 2017 to 2023 is considered to be a forecast
period. The market sizes for Data Centersby Type, By Constructionby IT
infrastructure, by power management and cooling solutions, by services and by
regions are estimated in terms of value. This market research study provides
detailed qualitative and quantitative analyses of the global Data Centersmarket.
Additionally, the report provides a comprehensive review of the major market
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