Published Date: 21-06-2017
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According to a new report, Global Data Center Services Market, published by KBV Research, the Global Data Center Services Market is expected to reach $76,207.1 million by 2022, growing at a CAGR of 14.8% during 2016 -2022.
The North America market dominated the Global Data Center Services Market in 2015, and would continue to be a dominant market till 2022, growing at a CAGR of 13.4% during the forecast period. However, Asia-Pacific market is expected to grow at CAGR of 16.7% during 2016-2022.
The Installation and Deployment segment contributed the largest revenue share to the Global Data Center Services Market in 2015. The Design and Consulting segment is expected to reach a market size of $14,098.3 million by 2022.
The Enterprises segment registered the highest share in the Global Data Center Services Market and is expected to grow at a CAGR of 12.5% during the forecast period. However, Colocation Providers segment is expected to grow at CAGR of 18.4% during 2016-2022.
The BFSI segment would continue to be a dominant market till 2022 with a growth rate of 13.6% CAGR during the forecast period. The Telecom and ITES segment is expected to reach a market size of $16,155.9 million by 2022.
The report highlights the adoption of Data Center Services globally. Based on Service, the market is segmented into Design and Consulting, Installation and Deployment, Training & Development and Maintenance and Support. Based on End Users, the market is segmented into Cloud Providers, Colocation Providers and Enterprises. Based on Data Center Type, the market is segmented into Mid-Sized Data Center, Enterprise Data Center and Large Data Center. Based on Vertical, the market is segmented into BFSI, Telecom and ITES, Government & Defense, Healthcare, Education, Retail, Manufacturing and Others. The geographies included in the report are North America, Europe, Asia-Pacific, & LAMEA (Latin America, Middle East and Africa). For the better analysis, the geographies are segmented into countries.
Key companies profiled in the report includes IBM Corporation, Cisco Systems, HP Enterprise, Fujitsu, Hitachi, Equinix, Interxion Holding, Huawei Technologies, Schneider Electric and Vertiv Co.
The market is segmented based on Services, End Users, Data Center Type, Vertical and geography.