Data Centre Solutions Market Scope
Data center solutions refer to the products and services needed to create and maintain a data center. Products include IT equipment, like servers, routers, storage systems, and firewalls, as well as supporting infrastructure for the physical data center, like cooling systems, batteries, generators and cabling. Data center solutions cover a wide array of products, services, and methods crafted to effectively handle, store, handle, and distribute data within a data center framework. These encompass hardware, software, networking, security measures, and management tools, all aimed at enhancing data center performance, dependability, scalability, and security.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Schneider Electric (France), ABB (Switzerland), Emerson Electric (United States), Rittal (Germany), Black Box Corporation (United States) and Eaton (Ireland) |
CAGR | % |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Data Centre Solutions market throughout the predicted period.
Schneider Electric (France), ABB (Switzerland), Emerson Electric (United States), Rittal (Germany), Black Box Corporation (United States) and Eaton (Ireland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Tripp Lite (United States), HP (United States) and Siemens AG (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Data Centre Solutions market by Type , by Application (BFSI, Telecom and IT, Government, Energy, Healthcare and Others) and Region with country level break-up.
On the basis of geography, the market of Data Centre Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In January 2023 AVEVA, a global leader in industrial software, announced the completion of its acquisition by Schneider Electric, a leading global industrial company specializing in digital automation and energy management.
In July , 2023 — HCLTech, a leading global technology company, has announced its collaboration with Schneider Electric, a leader in digital transformation of energy management and industrial automation, to develop carbon-efficient solutions for data centers in the Asia Pacific (region.
Influencing Trend:
Hybrid and multi-cloud environments and Edge data centers to support latency-sensitive applications
Market Growth Drivers:
Increasing Demand for Data Centers and Minimizing Carbon Emission
Challenges:
Cybersecurity threats and vulnerabilities and Data migration complexities
Restraints:
High Initial Investment Costs and Low Awareness Regarding the Availability of Energy Efficient Solutions
Opportunities:
Expansion of hyperscale data centers and Innovations in cooling technologies for energy efficiency
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others