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Exponentially increasing demands for
data storage due to the enriched flow of data have curated the imminent demands
for data center support infrastructure. The global Data Center Support Infrastructure Market generated revenues worth $39.24 billion in 2018 and the
demands in the market are expected to grow at a CAGR of 19.26% during the
forecast period 2019 to 2025. A data center support infrastructure is a digital
infrastructure primarily used for storing, sharing, and processing data. The
volume of small and medium-size enterprises is growing at an astounding rate
and these enterprises rely on data centers for handling data. The demand for
hyper-scale data centers is increasing due to the increased momentum in
technologies such as big data analytics, machine learning, artificial
intelligence, IoT, and cloud computing.
Data Center Support Infrastructure Market Geographical
Analysis
North America was observed as the most
lucrative region in the global data center support infrastructure market. The
region was held accountable for 32% of the market share in 2018 and the demands
in the region are expected to grow considerably. The region is the home for the
world’s largest and the most advanced data center, termed “The Citadel”. This
technological fortress is situated in Nevada and is spread across 7.2 million
square feet, and is responsible for the major contribution to the North
American data center support infrastructure market. North America generated the
maximum demands owing to the growing investment for establishing huge data
centers in the region. Therefore, the North American turf is considered as one
of the most demanding regions in the data center support infrastructure market.
Data Center Support Infrastructure Market Application
Analysis
Although there exist a plentiful
elements in the data center support infrastructure such as system integrator
and cloud support, the components utilized for storing the data is considered
as the major application in the data center support infrastructure market. This
application of storage components is projected to grow at a CAGR of 16.10%
during the forecast period. Among storage infrastructure, the hybrid storage
technique is gaining popularity at a global scale. The IT industry is
considered as the backbone in the data centers support infrastructure market,
as the industry employs data centers for processing, storage, and visualization
of data. Presuming the outrageous growth in data, the demands for data centers
will also boost, thereby, benefiting the global data center support
infrastructure market.
Data
Center Support Infrastructure Market Competitive Landscape
The companies influencing
the data center support infrastructure market are Emerson
Network Power, ABB Eaton Group, IBM Corp., Schneider Electric, Huawei, Global
Cloud Xchange, Hewlett-Packard Company, Dell, Raritan, McAfee, Intel
Corporation, Siemens AG, Hitachi Ltd., Rittal, and Cisco Systems Inc.
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Related Reports:
a) Next Generation
Datacenter Dynamic Infrastructure Market
b) Data Center
Networking Market
https://industryarc.com/Research/Data-Center-Networking-Market-Research-500744
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