Data Center Market - Global Outlook and Forecast 2021-2026 - In-depth Analysis and Data-driven Insights on the Impact of COVID-19

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Feb 24, 2021, 09:45 ET

DUBLIN, Feb. 24, 2021 /PRNewswire/ -- The "Data Center Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Data Center Market Report

The data center market by revenue is expected to grow at a CAGR of 4.5% during the period 2021-2026.

The global data center market size has witnessed a significant boost since the outbreak of the COVID-19 pandemic across the globe. The demand for data centers has increased because of the increased access to internet-related services aided by nation-wide lockdowns imposed by governments worldwide. The COVID-19 pandemic has significantly increased the internet traffic between 25% and 30% during the initial lockdown period (March-April) worldwide, which is 10X times than normal growth (~3% per month).

Cloud-based services have observed a spike as organizations, including government bodies, require to transfer, store, and secure confidential data and information. Similarly, the impact of COVID-19 has been unprecedented on the IoT devices market. IoT-enabled devices have witnessed high acceptance for monitoring and surveillance purposes, especially in the healthcare sector.

INSIGHTS BY GEOGRAPHY

The US data center market is expected to reach approx. $104 billion by 2026, growing at a CAGR of over 3%. Strong growth of AI-based infrastructure solutions, which are increasing the rack power density over 15 kW, is a major driving factor for the market. The high procurement of NVMe-based all-flash storage solutions, coupled with the increased deployment of 25 GbE and 100 GbE switch ports, is influencing the market growth. Also, the incorporation of custom-designed solutions namely OCP-based infrastructure will continue to grow. The deployment of 5G across the region is likely to result in strong data growth and application workloads, resulting in high-performance computing infrastructure procurement as well as the construction of edge data centers across the region.

INSIGHTS BY VENDORS

The global data center market share is characterized by the presence of several global and regional vendors, which operating under several verticals - IT, storage, network, electrical, mechanical, and general construction. The IT market witnessed significant growth in revenue contribution from ODM server manufacturers. HPE, Dell Technologies, dominate the leading revenue share in the server and storage markets.

Vendor offerings are concentrated on technologies such as cloud, big data, artificial intelligence, and IoT-based application workloads. However, to gain market share, vendors should target enterprises in the APAC and MEA regions. With a revenue share of around 39%, Cisco dominated the market, and the revenue growth has been aided by strong demand for Application Centric Infrastructure (ACI) product portfolio. ABB, Eaton, Schneider Electric, and Vertiv are the leading power infrastructure players. Cummins, KOHLER-SDMO, MTU On-Site Energy, and Caterpillar have a strong presence in the generators market.

Market Dynamics

Market Opportunities & Trends

5G To Grow Edge Data Center Investments
Growing Procurement Of Renewable Energy
Innovative Data Center Technologies
Innovative Ups Battery Technology
Software-Defined Power & Data Center Infrastructure Automation
Ai Promotes Liquid Immersion & Direct-To-Chip Cooling Adoption
Rise of QLC Nand Flash Drives
Increase In Adoption Of 200/400 GBE Switch Ports
Increasing Adoption Of Hyperconverged & Converged Infrastructure Platforms

Market Enablers

COVID-19 Boosts Data Center Demand
Cloud Adoption Drives The Data Center Market
Snowballing Demand For Big Data & IOT Investments
Colocation Investment Continue To Rise
M&AS To Fuel Data Center Growth
Increasing Construction Of Hyperscale Data Centers
Availability Of Power Resources & Tax Incentives

Market Restraints

Rising Carbon Emission From Data Centers
Increase In Power & Network Outages
Location Constraints For Data Center Construction
Lack Of Skilled Workforce
Security Challenges In Data Centers

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

5 Report Assumptions & Caveats

6 Market at a Glance

7 Introduction

8 Market Opportunities & Trends

9 Market Enablers

10 Market Restraints

11 Market Landscape

12 Infrastructure

13 IT Infrastructure

14 Electrical Infrastructure

15 Mechanical Infrastructure

16 Cooling Systems

17 Cooling Technique

18 Liquid Cooling Technique

19 General Construction

20 Tier Standards

Key Vendors

Key Data Center Critical (IT) Infrastructure Providers

Cisco
Dell Technologies
Hewlett Packard Enterprise (HPE)
Huawei
IBM
Inspur Group

Key Data Center Support Infrastructure Providers

ABB
Eaton
Rittal
Schneider Electric
STULZ
Vertiv
Caterpillar
Cummins

Key Data Center Contractors

AECOM
Bouygues
DPR Construction
Holder Construction
Jacobs Engineering
Mercury Engineering
M+W Group

Key Data Center Investors

Apple
Amazon Web Services (AWS)
CyrusOne
Digital Realty
Equinix
Facebook
GDS Holdings
Google
Microsoft
NTT Communications

Other Prominent Critical (IT) Infrastructure Providers

Arista
Atos
Broadcom
Extreme Networks
Hitachi Vantara
Inventec
Juniper
Lenovo
NEC
NetApp
Oracle
Pure Storage
Quanta Cloud Technology (Quanta Computer)
Super Micro Computer
Wistron (Wiwynn)

Other Prominent Data Center Support Infrastructure Providers

Airedale Air Conditioning
Asetek
Alfa Laval
Altima Technologies
Assa Abloy
Bosch Security Systems
The Condair Group
Delta Group
Green Revolution Cooling (GRC)
Hitech
KOHLER (SDMO)
Legrand
Nlyte Software
Rolls Royce Power Systems AG
Mitsubishi Electric Corporation
Socomec Group
Trane
ZincFive

Other Prominent Data Center Contractors

Arup Group
Cap Ingelec
Corgan
CSF Group
Faithful+Gould
Fluor Corporation
Fortis Construction
Gensler
Gilbane Building CO.
HDR Architecture
ISG
Jones Engineering
Kirby Group
KKR Investment Group (Aceco TI SA)
Larsen & Toubro (L&T)
Linesight
Mace Group
Morrison Hershfield
Mortenson Construction
Red-Engineering
Structure Tone
Syska Hennessy Group
Winthrop

Other Prominent Data Center Investors

21VIANET (Century Internet Data Center)
Africa Data Centres
Canberra Data Centres
Cologix (COLO-D)
Colt Data Centre Services (Colt DCS)
Compass Data Centers (Root Data Center)
COPT Data Center Solutions
CoreSite Realty
Etisalat Group
Global Switch
Keppel DC
NEXTDC
QTS Realty Trust
Scala Data Centers
Shanghai Athub
ST Telemedia Global Data Centres (STT GDC)
Tenglong Holdings Group (Tamron)
Teraco Data Environments
Turkcell
Vantage Data Center

For more information about this report visit https://www.researchandmarkets.com/r/o4zfan

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