Global Data Centre IT Infrastructure Market Outlook
According to a new report by Expert Market Research titled “Global Data Centre IT Infrastructure Market Size, Share, Growth, Report, Demand, Forecast 2024-2032″, the global data centre IT infrastructure market is projected to grow at a CAGR of more than 20% between 2024 and 2032. Aided by the mounting demand for advanced data storage solutions and the ubiquity of cloud-based services in multiple sectors, the market is expected to grow significantly by 2032.
Data centre IT infrastructure encapsulates a comprehensive range of equipment, systems, and components that play a pivotal role in the IT operations of an organisation. From servers, storage solutions, and network devices to data centre management software, this infrastructure is the lifeblood of today’s digitally-driven enterprises. It facilitates smooth operations, ensures data availability, and fosters enhanced security protocols.
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One of the primary drivers elevating the data centre IT infrastructure market demand is the surging data volume being generated daily. As businesses become increasingly reliant on data for decision-making, market strategies, and customer relations, the need for robust, scalable, and reliable storage solutions escalates. This upsurge is not confined to one sector; industries ranging from healthcare, e-commerce, banking to IT services are all witnessing this data deluge.
Furthermore, the meteoric rise of cloud services and solutions is significantly impacting the data centre IT infrastructure market outlook. As organisations transition from traditional on-premises data centres to cloud-based solutions, the demand for advanced IT infrastructure capable of supporting these cloud environments is burgeoning. Such infrastructure ensures seamless data transfer, optimal performance, and high availability – features indispensable to businesses today.
Additionally, the advent of technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and Machine Learning (ML) has only amplified the need for top-tier data centre IT infrastructure. These technologies hinge on data – be it for analytics, predictions, or operations. As such, an infrastructure that can support the processing needs of these technologies becomes essential.
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Diverse industries are harnessing the power of AI and ML for varied applications. For instance, healthcare leverages AI for diagnosis and treatment recommendations, while finance uses it for fraud detection and algorithmic trading. These applications necessitate powerful servers and storage solutions, further driving the data centre IT infrastructure market growth.
Data Centre IT Infrastructure Market Segmentation
The market can be divided based on component, and region.
Market Breakup by Component
- Server Infrastructure
- Storage Infrastructure
- Software-Defined Data Centre
- Network Infrastructure
- Converged Infrastructure
- Data Centre Backup and Recovery Software
- Data Centre Automation Software
- DCIM Solution
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global data centre IT infrastructure market. Some of the major players explored in the report by Expert Market Research are as follows:
- Cisco Systems Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co. Ltd
- International Business Machines Corporation
- Capegemini SE
- Nokia Corporation
- HCL Technologies Ltd.
- Sify Technologies Limited
- Others
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