The Data Center Solutions Market is Predict to reach USD 711.5 Billion by 2030, at a CAGR of 11.5%

06-Mar-2024 | Report Format: Electronic (PDF)

Data Center Solutions Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Data Center Solutions Market size is expected to reach $711.5 billion by 2030, rising at a market growth of 11.5% CAGR during the forecast period.  

The Services segment is registering a CAGR of 12% during (2023 - 2030). Data center operations have become increasingly complex, involving various tasks such as design, deployment, management, optimization, and security. Many organizations do not have the in-house expertise or resources to handle these complex operations independently. As a result, they turn to service providers to obtain specialized skills, knowledge, and support to manage their data center environments effectively.

The Tier 4 segment is generating the maximum revenue in the Global Data Center Solutions Market by Tier Type in 2022; thereby, achieving a market value of $276.5 billion by 2030. Tier 4 data centers provide the infrastructure needed to ensure business operations can continue uninterrupted in the event of a disaster or outage. Many industries have strict regulatory requirements regarding data storage and security. Tier 4 data centers are designed to meet these compliance requirements, providing organizations with peace of mind that their data is being stored and managed in accordance with regulations.

The Small Data Centers segment is experiencing a CAGR of 12.1% during (2023 - 2030). As small data centers become more common, solution providers must diversify their offerings to cater to the needs of smaller-scale deployments. This includes providing modular, cost-effective solutions tailored to the requirements of small businesses, startups, and remote or branch offices.

The Enterprise Data Center segment is leading the Global Data Center Solutions Market by Data Center Type in 2022; thereby, achieving a market value of $264.8 billion by 2030. These data centers are designed to meet the specific needs of the organization and are typically used for critical business functions, such as storing customer data, running applications, and supporting communication networks. The adoption of AI and machine learning technologies requires significant computational resources, driving the demand for data centers capable of supporting these workloads.

Energy & Utilities segment is exhibiting a CAGR of 7.6% during (2023 - 2030). Data centers are crucial in managing smart grid infrastructure, which integrates advanced sensing, monitoring, and control technologies to optimize energy distribution, improve grid reliability, and support renewable energy integration. Data centers collect and analyze real-time data from smart meters, sensors, and grid devices to optimize energy flows, balance supply and demand, and enhance grid resilience.

Full Report: https://www.kbvresearch.com/data-center-solutions-market/

The North America region dominated the Global Data Center Solutions Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $246.8 billion by 2030. The Europe region is anticipated to grow a CAGR of 11.1% during (2023 - 2030). Additionally, The Asia Pacific region would showcase a CAGR of 12.3% during (2023 - 2030).

List of Key Companies Profiled

  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Google LLC (Alphabet Inc.)
  • Microsoft Corporation
  • Equinix, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Dell Technologies, Inc.
  • KDDI Corporation
  • Hewlett Packard enterprise Company
  • Cyxtera Technologies, Inc. (BC Partners and Medina Capital)
  • CoreSite (American Tower Corporation)

Data Center Solutions Market Report Segmentation

By Offering

  • Hardware
    • IT Modules
    • Power Modules
    • Cooling Modules
  • Software
    • Monitoring & Management Tools
    • Automation & Orchestration Software
    • Backup & Disaster Recovery
    • Security Software
    • Virtualization Software
    • Analytics Software
  • Services
    • Support & Maintenance
    • Integration & Deployment
    • Design & Consulting

By Tier Type

  • Tier 4
  • Tier 3
  • Tier 2
  • Tier 1

By Data Center Size

  • Large Data Centers
  • Mid-Sized Data Centers
  • Small Data Centers

By Data Center Type

  • Enterprise Data Center
  • Modular Data Center
  • Colocation Data Center
  • Cloud Data Center
  • Edge Data Center

By Vertical

  • BFSI
  • Government & Defense
  • Energy & Utilities
  • Healthcare & Lifesciences
  • Transportation
  • IT & Telecom
  • Retail
  • Manufacturing
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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