Global Data Center Market 2021-2025 The analyst has been monitoring the data center market and it is poised to grow by $ 519.34 bn during 2021-2025 progressing at a CAGR of 21% during the forecast period. Our report on data center market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in adoption of multi-cloud and network upgrade to support 5G and increase in strategic investments and partnerships. In addition, rise in adoption of multi-cloud and network upgrade to support 5G is anticipated to boost the growth of the market as well.
The data center market analysis includes component segment and geographical landscapes.
The data center market is segmented as below: By Component
• IT infrastructure
• Power management system
• Mechanical construction
• General construction
• Security solutions
By Geographical Landscapes
• North America
• South America
This study identifies the demand planning and expansion by hyperscalers as one of the prime reasons driving the data center market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on data center market covers the following areas:
• Data center market sizing
• Data center market forecast
• Data center market industry analysis
Our reports have been used by over 10K customers, including:
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