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Global Mega Data Center Market 2021 Size, Share, Growth, Trends and Forecast, Business Opportunities and Future Investments

Mega Data Center

Mega Data Center Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Mega Data Center market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

Rising Demand From BFSI Sector to Augment the Market Growth

– Banking and finance sector is one of the largest generators of data, and the need for a data center to regulate the cost of operations is a primary driver.
– Finance and banking structures use data centers to store customer records, employee management, transactions, electronic banking services, such as remote banking, telebanking, self-inquiry, which need data centers for their functioning.
– Data centers are believed to be an infrastructure that is the future of finance. Many institutions have created private cloud system to accommodate massive network, storage, and server capacities to support their retail financial centers, ATMs, and active online accounts.
– Many banks maintain their own data centers, but the trend is found to be changing owing to the fluctuations in the profits for the banks. Also, maintaining a data center is a cumbersome process owing to the cost drain on the IT, real estate and operations as any data center requires proper cooling, security and power facilities. This can act as a challenge for the BFSI industry during the forecast period.

Growing Demand From Asia-Pacific to Drive the Market

– The growing demand for high-density, redundant facilities throughout China is precipitating a shift in the design and development of the country’s data centers. China has 50 internet users per 100 population indicating scope for lot of development and the connectivity ecosystem is made up of 73 colocation data centers, 52 cloud service providers and 0 network fabrics.
– However, power, space and IP transit all cost more in China emphasizing the difficulties in maintaining a data center. Similarly, in India, 9.5% of the GDP is contributed by the digital economy, the digital economy includes USD 25,518 million fixed line telephone subscriptions and 1011.054 million mobile telephone subscriptions, indicating a lot of scope for development of data centers.
– Moreover, owing to regulatory and security reasons, a number of organizations in India, especially from the BFSI sector, are not allowed to host their data in a data center that is out of the country. As a result, the data center providers are setting up local data centers in indicating the growing mega data center facilities in India.

Market Overview:

  • The global mega data center was valued at USD 19.63 billion in 2018 and is expected to reach a value of USD 25.62 billion by 2024 at a CAGR of 4.58% over the forecast period of 2019–2024.
  • – Virtualization has driven the data center industry over the years. Companies have sought to reduce infrastructure by focusing on IT operations on fewer, more highly utilized machines. This process has led to a wider view of data centers in general: companies operating multiple data centers can choose to focus their facilities into fewer and larger implementations with hopes of decreasing complexity and costs.
  • – Implementing fewer mega data centers depending on their locations can allow a company to enjoy advantages of certain local benefits, such as tax incentives, low energy prices, climate, or availability of alternative energy sources. Thus, mega data centers are the result of the attempts to minimize cost and thereby maximize profit.
  • – The merits of choosing a software-led, industry relevant and adequately set-up mega data center are lower costs of IT management compared to as in the present, as well as the ability to access a vast amount of Internet and industrial Internet data at local datacenter speed and bandwidth. This capability is likely to spur IT spending worldwide, as there will be substantial opportunities for early adopters to invest in new IT techniques, in order to reduce overall business costs and increase revenues.
  • – The market for mega data centers is driven by factors including increasing cloud and colocation services, associated cost benefits, and improved economies of scale. Microsoft, Google, Amazon (AWS), and Facebook data centers are in a class by themselves, and have to function fully automatic, self-healing, networked mega data centers that operate at fiber optic speeds to make a fabric that can access any node in any particular data center, as there are multiple pathways to every node.
  • – However, higher initial investments and low availability of resources are some of the factors presenting challenges to this market. Despite such challenges, various organizations have already adopted or are initiating the adoption of mega data centers.

    Key Manufacturers Like 

  • Cisco Systems Inc.
  • Dell Software Inc.
  • Fujitsu Ltd.
  • Hewlett
  • Packard Enterprise
  • IBM Corporation
  • Intel Corporation
  • Juniper Networks Inc.
  • Verizon Wireless.

    Scope of the Report:

  • Mega data center refers to a single facility with 15,000 or more servers. Increasing digitization globally is expected to contribute value to different end-user industries, such as BFSI, IT services, which is a rising need for mega data centers worldwide. Various governmental bodies have been identified to facilitate Industry 4.0 by deploying IoT and cloud services, which is further expected to drive the mega data center market.

    Mega Data Center market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Mega Data Center market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Mega Data Center market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Mega Data Center market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Mega Data Center market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Mega Data Center ?
    • Who are Opportunities, Risk and Driving Force of Mega Data Center market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Mega Data Center space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Mega Data Center market opportunities, market risk and market overview of the Market?

    Lastly, the Global Mega Data Center Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Mega Data Center Market Report:

    • To provide a detailed analysis of the market structure along with the Mega Data Center market forecast of various segments and sub-segments of the Mega Data Center market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Mega Data Center market trends that influence the global Mega Data Center market

    Detailed TOC of Mega Data Center Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Industry Attractiveness – Porter’s Five Force Analysis
    4.2.1 Bargaining Power of Suppliers
    4.2.2 Bargaining Power of Buyers/Consumers
    4.2.3 Threat of New Entrants
    4.2.4 Threat of Substitute Products
    4.2.5 Intensity of Competitive Rivalry
    4.3 Introduction to Market Drivers and Restraints
    4.4 Market Drivers
    4.4.1 Increasing Demand For Data Center Consolidation
    4.5 Market Restraints
    4.5.1 High Investment and Installation Costs
    4.6 Technology Snapshot

    5 MARKET SEGMENTATION
    5.1 By Solution
    5.1.1 Storage
    5.1.2 Networking
    5.1.3 Server
    5.1.4 Security
    5.1.5 Other Solutions
    5.2 By End User
    5.2.1 BFSI
    5.2.2 Telecom and IT
    5.2.3 Government
    5.2.4 Media and Entertainment
    5.2.5 Other End Users
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Cisco Systems Inc.
    6.1.2 Dell Software Inc.
    6.1.3 Fujitsu Ltd.
    6.1.4 Hewlett-Packard Enterprise
    6.1.5 IBM Corporation
    6.1.6 Intel Corporation
    6.1.7 Juniper Networks Inc.
    6.1.8 Verizon Wireless

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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