Mega Data Centre Market

Growth opportunities in the mega data Centre market look promising over the next six years. This is mainly due to the various benefits imparted b them, like facilitation of large-scale data transfer, cost-effectiveness and high storage capacity, and constant support by government bodies.

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Mega Data Centre Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The surging demand for data storage led by the increasing amount of data traffic is one of the biggest reasons driving the growth of the mega data Centre market. Also, the growing needs of businesses have resulted in a boost in demand for higher data storage capacity. These data Centres provide various benefits like more bandwidth, computing, and storage capacity and enable the transmission of large-scale data. Moreover, the augmenting need for consolidation of data Centres led by their profitability and ease to handle than many small data Centres simultaneously is stimulating the development of single mega data Centres.

The growth in the application of cloud services for storing data is also contributing to the market growth. Several major players, including Microsoft Corporation, Google LLC, Facebook, Amazon Web Services (AS), provides the data Centre services with fully automatic and self-healing Centres. These organizations are emphasizing reducing the infrastructures via IT operations with fewer and more deployed machinery. This has further supported the corporations to prioritize facilities with a motive of curbing the complications and expenses. The government is also increasingly promoting the development of these data Centres, which is further strengthening the market growth. Khazna, one of the largest suppliers of commercial wholesale data services in the UAE, declared building and raising the capacity of these Centres in the next four years with important infrastructure as government agencies and corporations are largely focussing on digitalization. However, the inadequate accessibility of resources along with the huge initial investment are the main drivers that are restraining the market growth.

Vertical Segment Drivers

Based on the vertical, the Banking, Financial Services and Insurance (BFSI) is predicted to witness a higher CAGR during the forecast period and is accounted as one of the topmost sectors to generate a high amount of data. Banking and its structure call for the data Centre to store customer needs, transactions, and other e-banking services such as telebanking, self-inquiry, and emote banking. The banks have shifted from sustaining their own data Centres to outsourcing their services to decrease data Centres' IT and operational expenditures.

Mega Data Centre Market’s leading Manufacturers:

· Schneider Electric

· Intel

· Walter P Moore

· Emerson Electric Co.

· Dell Inc.

· Juniper Networks, Inc.

· IBM Corporation

· FUJITSU

· Cisco

· EMC Corporation

Mega Data Centre Market Segmentation:

Segmentation by Solution

· IT Infrastructure Solutions

· Servers

· Storage

· Networking

· Support Infrastructure Solutions

· Power Solutions

· Cooling Solutions

· Security Solutions

· Management Software

Segmentation by Service

· System Integration Services

· Monitoring Services

· Professional Services

Segmentation by Vertical

· Banking, Financial Services and Insurance (BFSI)

· Telecom and IT

· Media and Entertainment

· Government and Public

· Others

Segmentation by User

· Cloud Providers

· Colocation Providers

· Enterprises

Segmentation by Region:

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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