What is Smart Data Center Market?
Smart data centers are needed to support the application deployment models, such as cloud, Internet of Things (IoT), software-as-a-service, platform-as-a-service, and other models. Market players are focusing on technological advancement for developing smart data center solutions. For instance, Hitachi Vantara expands smart data center intelligence and automation for self-optimizing data centers that elevate the use of AI and real-time analytics. Further, an increasing number of small and medium enterprises driving the demand for smart data centers.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | IBM (United States), ABB (Switzerland), Cisco (United States), Amazon Web Services (United States), Microsoft (United States), Intel (United States), Equinix Inc. (United States), Dell EMC (United States), Apple Inc. (United States), CenturyLink (United States), Fujitsu (Japan), Hitachi Data Systems (United States), Facebook (United States), Hewlett-Packard (United States), NTT Communications (Japan) and Singtel (Singapore) |
The market study is being classified, by Application (BSFI, IT and Telecommunications, Transportation and Logistics, Manufacturing, Government and Defence, E-commerce and Healthcare) and major geographies with country level break-up..
IBM (United States), ABB (Switzerland), Cisco (United States), Amazon Web Services (United States), Microsoft (United States), Intel (United States), Equinix Inc. (United States), Dell EMC (United States), Apple Inc. (United States), CenturyLink (United States), Fujitsu (Japan), Hitachi Data Systems (United States), Facebook (United States), Hewlett-Packard (United States), NTT Communications (Japan) and Singtel (Singapore) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Level 3 Communications (United States), Rackspace Inc. (United States), Juniper Networks, Inc. (United States), Aceco TI (Brazil), Netmagic Solutions (India) and Digital Realty (United States).
Market leaders are focusing on developing smart data centers. For instance, Facebook spends USD1 billion on its first data center in Singapore and is expected to be powered entirely by renewable energy sources. Smart data center market is fragmented owing to the number of players present in the market. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Smart Data Center market throughout the forecasted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Smart Data Center market by Type, Application and Region.
On the basis of geography, the market of Smart Data Center 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for High-Performance Data Center
- Provides Process Automation and Improve Operational Efficiency
Market Trend
- Emphasizing on Colocation Center and AI-Driven Cooling System
- Growing Application of IoT and Machine Learning Within the Smart Data Centers
Restraints
- Concerns Regarding Data Security and Privacy
- High Cost Associated to Smart Data Centers
Opportunities
- Rising Demand for Smart Data Center Infrastructure Solutions from Emerging Economies
- The emergence of Green Computing In the Management of Cloud Data Centers
Challenges
- Lack of Network Infrastructure in Developing Economies
13th December 2018, Apple announced to spend USD 10 billion on US Data Center Construction in Waukee, Iowa, over Five Years. and 26th July 2018, IT services provider in India Netmagic, a wholly owned subsidiary of NTT Communications Corporation, Japan launches two new hydroscale data centers in India. DC 6 in Mumbai with 2,750 rack capacity and DC 3 in Bangalore with 1,500 rack capacity.
Key Target Audience
Smart Data Centers Service Providers, Technology Providers, Government Organizations, Technology Investors, Technology Standards Organizations, Forums, Alliances, and Associations, and Government Bodies, Analysts and Strategic Business Planners, Research Organizations and Others