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 2 | ©Infinium Global Research