The data centre equipment market report serves as a comprehensive guide for navigating the landscape of production, product launches, costing, inventory, purchasing, and marketing strategies. It delves into the fluctuation of CAGR values, encompassing historical data, current market trends, technological innovations, and forthcoming advancements within the industry. This report isn't just a collection of market data; it's a valuable tool aiding clients and businesses in crucial decision-making processes regarding revenue, investment, import/export, and consumption patterns.
Every aspect covered within this data centre equipment market report undergoes meticulous research, ensuring actionable market insights. Leveraging advanced capabilities and top-notch resources in research, data collection, consulting, and regulatory services, this report stands as a pinnacle in market research. It acts as a comprehensive view into the semiconductors and electronics industry, delineating market definitions, classifications, applications, engagements, and emerging trends. data centre equipment market stands out as a professional, detail-oriented report focusing on primary and secondary drivers, market shares, leading segments, and geographical analyses.
The data centre equipment market is expected to witness market growth at a rate of 11.12% in the forecast period of 2022 to 2029.
Definition
Data center equipment refers to various aspects of data center including architecture, design, architecture, incorporation of security mechanisms, and installation of electrical and mechanical systems.
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Key Growth Drivers:
The increase in need for construction and renovation of data center equipment across the globe acts as one of the major factors driving the growth of data centre equipment market. The convergence of mobile services, video, and cloud technologies resulting in the development of next-generation data center networks, and use of multiple operating systems running on virtual machines accelerate the market growth. The rise in need for efficiency and cost reduction of the datacenters, and technological advancements in the business model owing to cloud services further influence the market. Additionally, rapid infrastructural developments, expansion of end use industry, emergence of industry 4.0, and incorporation of security mechanisms positively affect the data centre equipment market. Furthermore, developments in virtualization technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, technical and physical constraints related to space, energy, and cooling are expected to obstruct the market growth. The shortage of skilled professionals and resources to manage data center equipment is projected to challenge the data centre equipment market in the forecast period of 2022-2029.
The report emphasizes the participation of key entities, notably:
- NTT Communication Corporation
- Digital Realty Trust, Inc.
- Cyxtera Technologies, Inc.
- CyrusOne Inc.
- Global Switch
- Equinix Inc.
- Huawei Technologies
- Cisco Systems
- Nokia
- DELL
- Juniper Networks
- NetApp
- EMC
- Hewlett Packard
- IBM
- Oracle
- Fujitsu Corporation
- Brocade Communications Systems Inc.
- NEC Corporation
- Meru Networks
- Alcatel Lucent
Report Objective:
- Investigate the data centre equipment market, focusing on strategic movements like collaborations, agreements, mergers, and product launches.
- Explore market diversification avenues such as new products, unexplored regions, recent advancements, and investments in data centre equipment .
- Streamline initial research efforts by identifying data centre equipment market growth, size, key players, and segments, saving valuable time.
- Highlight pivotal industry trends in the data centre equipment market to empower players in devising effective, sustainable strategies.
- Analyze micro markets for their individual growth trajectories, potential, and contributions to the overall market.
- Shape or refine business expansion strategies leveraging growth opportunities in both established and emerging markets.
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Key Market Segmentation
Product (Storage Devices, Power Distribution System, Servers, Networking Equipment, Others), End-User (Banking, Financial Services, Insurance, Telecommunications, Healthcare, Pharmaceuticals, Retail, Manufacturing, Government, Business Enterprise, Others)
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