Data Center It Infrastructure Market Size to grow by USD 92.4 billion between 2024-2028
According to a research report “ Data Center It Infrastructure Market” by Component (Server infrastructure, Storage infrastructure, Software-defined data center, Network infrastructure, Others) End-user (BFSI, Energy, Information system, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 92.4 billion, at a CAGR of about 6.78% during the forecast period. Enterprises continually update their IT infrastructure to meet evolving computing requirements, leading to a surge in demand for servers. Companies are not only purchasing standard x86 server units but also expressing interest in high-performance computing servers. Major server refresh deals have been signed and completed between enterprises and vendors. To help businesses manage their capital expenditures during data center infrastructure upgrades, vendors are offering flexible payment plans, including leasing and rental agreements with installment options. These arrangements enable enterprises to acquire the latest technology while minimizing upfront costs.
Browse market data tables, figures, and in-depth TOC on “Data Center It Infrastructure Market” by Component (Server infrastructure, Storage infrastructure, Software-defined data center, Network infrastructure, Others) End-user (BFSI, Energy, Information system, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Component, the Server infrastructure segment is projected to dominate the market size in 2024
The Data Center Infrastructure Market encompasses essential technologies and solutions for managing and operating large-scale IT environments. Key components include power and cooling systems, racks and cabinets, networking equipment, and storage solutions. Businesses rely on these offerings to ensure optimal performance, efficiency, and reliability of their mission-critical IT systems. The market is driven by the growing demand for digital transformation, cloud computing, and big data analytics.
By End-user, BFSI segment is expected to hold the largest market size for the year 2024
The Data Center Infrastructure Market represents a significant investment opportunity for businesses seeking to optimize their IT operations. This market encompasses crucial components such as power and cooling systems, racks and cabinets, and network infrastructure. By implementing advanced solutions in these areas, businesses can enhance their data center efficiency, reduce costs, and ensure uninterrupted services. The market is expected to grow steadily due to increasing digital transformation initiatives and the rising demand for cloud services.
North America is forecasted to hold the largest market size by region in 2024
The Data Center Infrastructure Market encompasses essential technologies and solutions that facilitate the efficient operation of data centers. Key components include power and cooling systems, racks and cabinets, networking equipment, and storage systems. Businesses rely on these solutions to ensure uninterrupted data processing, maintain high levels of security, and optimize energy usage. The market is expected to grow significantly due to the increasing demand for digital transformation and cloud computing services.
The Data Center It Infrastructure Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Data Center Infrastructure Market is experiencing significant growth due to the increasing demand for cloud-based services from organizations. Cloudscene, a leading data center marketplace, reports that cloud-based DCIM solutions are becoming increasingly popular for managing the complexities of data centers. These solutions provide real-time monitoring and analysis of data center traffic, temperature, airflow, humidity, power usage, and other key performance indicators. The proliferation of smart devices, IoT technology, mobile broadband, and digital transactions is driving up data center traffic, making effective data control and latency management crucial. Central servers, network systems, physical computing equipment, and monitoring systems are all essential components of data center technology. However, data center infrastructure faces numerous challenges, including cooling systems, electricity systems, and environmental systems. Big data analytics is being used to optimize these systems and improve overall efficiency. Cloud management solutions are also being adopted to simplify the management of data processing, storage requirements, and other infrastructure needs. In conclusion, the data center infrastructure market is undergoing a transformation, driven by the increasing demand for cloud-based services and the complexities of managing data center traffic, temperature, airflow, power usage, and other key performance indicators. Organizations must invest in the latest data center technology, monitoring systems, and cooling and electricity systems to ensure optimal performance and efficiency.
Market Research Overview
The Data Center Infrastructure Market is experiencing significant growth as people worldwide rely more on digital transactions, smart devices, IoT technology, and cloud computing for productivity and connectivity. This growth brings about complexities in managing data centers, including thermal and power management, networking tools, storage, and hardware. DCIM solutions have emerged as a crucial component of data center management, providing visibility into service components such as power usage, temperature, airflow, and humidity. These solutions offer return on investment through improved efficiency, reduced costs, and enhanced security. Managed service providers offer cloud-based DCIM solutions, enabling organizations to monitor and manage their on-premises environment and distributed IT infrastructures from a single platform. Cloudscene's marketplace provides access to a range of cloud management solutions, networking tools, and storage devices. Next-generation applications, big data analytics, mobile broadband, and increasing data center traffic require advanced data center technology. DCIM solutions offer machine learning capabilities, flexibility, and scale to meet these demands. Power management, cooling systems, and electricity systems are essential service providers to ensure optimal performance and reliability. Storage requirements continue to grow, and DCIM solutions offer visibility into data control, latency, and security. Data center technology must address the challenges of managing power usage, temperature, and airflow while ensuring data processing and network systems operate efficiently. In summary, the Data Center Infrastructure Market is evolving to meet the demands of digital transformation, requiring advanced DCIM solutions, networking tools, and service providers to manage power, thermal, and storage requirements in an on-premises environment or cloud computing setup.
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