Data Centre as a Service Market - Forecast(2022 - 2027)

Report Code: ITR 0129 Report Format: PDF + Excel

Data Center as a Service Market Overview

Data Center as a Service Market size is forecast to reach $298.5 billion by 2026, estimated to grow at a CAGR of 12.7% during 2021-2026. The increasing use of data storage portable devices in order to retrieve data irrespective of time and location is driving the growth of the data as a service market. Furthermore, the rising demand for colocation facilities and enterprise data storage is highly escalating the growth of the market. Also, the emerging cloud technology and adoption of service models such as IaaS, SaaS and PaaS are tremendously boosting the data center as a service market size during the forecast period 2021-2026. The Data Center as a service Market is driven primarily by the factors such as increasing structured as well as unstructured data in the market due to fast-growing businesses and industries across the globe. The rising growth of advanced technologies such as IoT, AI and many others along with providing increased work productivity across different industries have been acting as major growth factors in the data center market. Moreover, growing investments from various sectors towards infrastructure development of data centers are also booming the market growth of data centers.

Report Coverage

The report: “Data Center as a Service Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Data Center as a Service Market.

By Application: Enterprise Data Storage (Software-Defined Storage (SDS), Hard Disk & Flash Storage, Hyper-Converged Infrastructure, Cloud-based Storage), Consumer Data Storage (Memory Cards, Hard Disk Drive (HDD), Optical Disk, Solid State Devices (SSD), USB Flash Drives).
By Service Model: IaaS, SaaS, PaaS.
By End-use Industry: Residential, Commercial (Large enterprises, SMEs) and Others.
By Industry Verticals: Healthcare, BFSI, IT & Telecom, Government, Research & Education, Aerospace & Defense and others.
By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina, Ecuador, Peru, Colombia, Costa Rica and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Denmark and Others), APAC (China, Japan India, South Korea, Australia, Taiwan, Malaysia and Others), and RoW (Middle east and Africa).

Key Takeaways

  • In 2020, the Data Center as a Service market was dominated by North American region owing to the presence of financial and technical hubs in the US that are surging the growth of the market.
  • With the rising use of technology has led to the adoption of hyperscale facilities which has led to the acceleration of cloud computing solutions has uplifted the data as a service market.
  • The growing demand for cloud computing has led to the migration of data on the cloud which is significantly fueling the growth of data as a service market.
  • The rising energy consumption and lack of awareness in the data centers for the adoption of are hampering the growth of the market.

Data Center as a Service Market, By Region, 2020

Data Center as a Service Market

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Data Center as a Service Market Segment Analysis – By Industry Vertical

BFSI segment held the largest market share in the Data Center as a Service market in 2020 at 20.2%. The rising digitization in the BFSI sector has paved the way for cloud and data center as a service which is also being considered as the backbone of the BFSI sector. As banking and financial sector is being digitally transformed the need for efficient services is rising which is embracing the requirement of data centers. The efficient data center as a service allows the bank to operate effectively, sustain growth, offering innovative services, and further allows to follow regulations and partnerships with start-ups and fintech firms. Therefore, the advances in the BFSI sector further escalates the growth of data center as a service market.

Data Center as a Service Market Segment Analysis – By Application

With the increasing demand of cloud based technology in demanding applications, the cloud service provider is expected to have a major growth during the forecast period in the data center service market at 19.4% CAGR. Rising developments towards data center market have been causing major demands from various industry verticals due to providing highly efficient data management system. Cloud service providers basically help the data centers in hosting data and application through cloud solutions which makes data center applications more flexible and reliable Cloud service providers offer better data management process due to the use of cloud based solutions, and provides use and pay options that saves the data centers to spend extra amounts unlike on premise data storage thus promoting its market growth. Moreover, higher investments towards building advanced technology based data centers are also promoting the market growth of cloud hosted data center.

Data Center as a Service Market Segment Analysis – By Geography

In 2020, North America dominated the Data Center as a Service market with a share of more than 39.5%, followed by Europe and APAC. The rise of connectivity and the cloud in the U.S.and the presence of financial hubs and tech hubs in areas such as of New York and Chicago, Seattle, Portland and among others are penetrating the growth of the market in this region. In addition, the growing demand for data center services and the presence of robust data center facilities are enhancing the growth of the data center as a service market. 

Data Center as a Service Market Drivers

Growing demand for Cloud Computing

The companies are shifting towards cloud services, as cloud computing has become the major next-generation data center trend. The migration of the whole network into the cloud and the deployment of hybrid cloud are further enhancing the data center as a service market. The hybrid cloud architecture allows to store sensitive data in a private network, and enables companies to protect and control data. Thus, the incorporation of multiple cloud-services by organizations are driving the demand for the data center as a service market.

The rise of Hyper-scale Data Centers

The organizations including small and medium are highly shifting towards cloud computing solutions which is accelerating the growth of the data center infrastructure. In addition, the growth of hyperscale facilities in order to store thousands of servers is driving the growth of the data center market. According to vXchange, more than 500 data centers were classified as hyperscale in 2019, and more than 151 data centers are scheduled for construction in 2020. These factors are driving the demand for hyperscale facilities which is surging the demand for data center as a service.

Data Center as a Service Market Challenges

Need for Energy Efficiency and lack of awareness

The data center industry is highly being affected due to the massive amount of energy consumed and rising temperature problem are hampering the data center as a service market. Additionally, the lack of awareness about the services are leading to the requirement of maintaining the data center technologies. This is also affecting the adoption of data center services and the rising the need to focus on the generation of awareness among the data center owners.

Data Center as a Service Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Data Center as a Service market. In 2020, the market of Data Center as a Service has been consolidated by the major players – Cloud Central Pty Ltd, Datacom Systems (ACT) Pty Ltd, Enterprise Data Corporation Pty Ltd, Hewlett-Packard Australia Pty., Dell Australia Pty Ltd, Emantra Pty Ltd, C3 Business Solutions Pty Ltd, IBM Corporation, Vertiv Co., Equinix and among others.

Acquisitions/Technology Launches

  • In June 2020, Hewlett Packard Enterprise announced the advancement of its edge-to-cloud platform-as-a-service (PaaS) strategy. This has led to the acceleration of next generation cloud services and acceleration of HPE GreenLake. The new HPE GreenLake cloud services, leads to the extension of container management, machine learning operations, storage, compute, data protection, and networking. This will further help customers to transform and modernize their applications and data that includes on premises, in colocation facilities, and increasingly at the edge. 

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1. Data Centre as a Service Market - Overview
    1.1 Definitions and Scope
2. Data Centre as a Service Market - Executive summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by type of Application
    2.3 Key Trends segmented by Geography
3. Data Centre as a Service Market 
    3.1. Comparative analysis
        3.1.1 Product Benchmarking - Top 10 companies
        3.1.2 Top 5 Financials Analysis
        3.1.3 Market Value split by Top 10 companies
        3.1.4 Patent Analysis - Top 10 companies
        3.1.5 Pricing Analysis 
4. Data Centre as a Service Market – Startup companies Scenario Premium Premium
    4.1 Top 10 startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Data Centre as a Service Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis – Top 10 companies
6. Data Centre as a Service Market Forces
    6.1 Drivers
    6.2 Constraints
    6.3 Challenges
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7 Data Centre as a Service Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Product life cycle
    7.4 Suppliers and distributors Market Share
8 Data Centre as a Service Market – By Application (Market Size -$Million / $Billion)
    8.1 Market Size and Market Share Analysis 
    8.2 Application Revenue and Trend Research
    8.3 Product Segment Analysis
        8.3.1 Enterprise Data Storage
            8.3.1.1 Software-Defined Storage (SDS)
            8.3.1.2 Hard Disk & Flash Storage
            8.3.1.3 Hyper-Converged Infrastructure
            8.3.1.4 Cloud-based Storage
        8.3.2 Consumer Data Storage
            8.3.2.1 Memory Cards
            8.3.2.2 Hard Disk Drive (HDD)
            8.3.2.3 Optical Disk
            8.3.2.4 Solid State Devices (SSD)
            8.3.2.5 USB Flash Drives
9. Data Centre as a Service Market – By Service Model (Market Size -$Million / $Billion)
    9.1 IaaS
    9.2 SaaS
    9.3 PaaS
10. Data Centre as a Service – By End Use Industry(Market Size -$Million / $Billion)
    10.1 Segment type Size and Market Share Analysis 
    10.2 Application Revenue and Trends by type of Application
    10.3 Application Segment Analysis by Type
        10.3.1 Introduction
        10.3.2 Residential
        10.3.3 Commercial
            10.3.3.1 Large Enterprises
            10.3.3.2 SMEs
        10.3.4 Others
11. Data Centre as a Service Market – By Industry verticals (Market Size -$Million / $Billion)
    11.1 Introduction
    11.2 Healthcare
    11.3 BFSI
    11.4 IT & Telecom
    11.5 Government
    11.6 Research & Education
    11.7 Aerospace & Defense
    11.8 Others
12. Data Centre as a Service - By Geography (Market Size -$Million / $Billion)
    12.1 Data Centre as a Service Market - North America Segment Research
    12.2 North America Market Research (Million / $Billion)
        12.2.1 Segment type Size and Market Size Analysis 
        12.2.2 Revenue and Trends
        12.2.3 Application Revenue and Trends by type of Application
        12.2.4 Company Revenue and Product Analysis
        12.2.5 North America Product type and Application Market Size
            12.2.5.1 U.S.
            12.2.5.2 Canada 
            12.2.5.3 Mexico 
            12.2.5.4 Rest of North America
    12.3 Data Centre as a Service - South America Segment Research
    12.4 South America Market Research (Market Size -$Million / $Billion)
        12.4.1 Segment type Size and Market Size Analysis 
        12.4.2 Revenue and Trends
        12.4.3 Application Revenue and Trends by type of Application
        12.4.4 Company Revenue and Product Analysis
        12.4.5 South America Product type and Application Market Size
            12.4.5.1 Brazil  
            12.4.5.2 Venezuela
            12.4.5.3 Argentina
            12.4.5.4 Ecuador
            12.4.5.5 Peru
            12.4.5.6 Colombia 
            12.4.5.7 Costa Rica
            12.4.5.8 Rest of South America
    12.5 Data Centre as a Service - Europe Segment Research
    12.6 Europe Market Research (Market Size -$Million / $Billion)
        12.6.1 Segment type Size and Market Size Analysis 
        12.6.2 Revenue and Trends
        12.6.3 Application Revenue and Trends by type of Application
        12.6.4 Company Revenue and Product Analysis
        12.6.5 Europe Segment Product type and Application Market Size
            12.6.5.1 U.K  
            12.6.5.2 Germany 
            12.6.5.3 Italy 
            12.6.5.4 France
            12.6.5.5 Netherlands
            12.6.5.6 Belgium
            12.6.5.7 Spain
            12.6.5.8 Denmark
            12.6.5.9 Rest of Europe
    12.7 Data Centre as a Service – APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
        12.8.1 Segment type Size and Market Size Analysis 
        12.8.2 Revenue and Trends
        12.8.3 Application Revenue and Trends by type of Application
        12.8.4 Company Revenue and Product Analysis
        12.8.5 APAC Segment – Product type and Application Market Size
            12.8.5.1 China 
            12.8.5.2 Australia
            12.8.5.3 Japan 
            12.8.5.4 South Korea
            12.8.5.5 India
            12.8.5.6 Taiwan
            12.8.5.7 Malaysia
13. Data Centre as a Service Market - Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Data Centre as a Service Market – Industry / Segment Competition landscape Premium Premium
    14.1 Market Share Analysis
        14.1.1 Market Share by Country- Top companies
        14.1.2 Market Share by Region- Top 10 companies
        14.1.3 Market Share by type of Application – Top 10 companies
        14.1.4 Market Share by type of Product / Product category- Top 10 companies
        14.1.5 Market Share at global level- Top 10 companies
        14.1.6 Best Practises for companies
15. Data Centre as a Service Market – Key Company List by Country Premium Premium
16. Data Centre as a Service Market Company Analysis
    16.1 Market Share, Company Revenue, Products, M&A, Developments
    16.2 Bulletproof Networks Pty Ltd
    16.3 C3 Business Solutions Pty Ltd
    16.4 Cloud Central Pty Ltd
    16.5 Compuware Asia Pacific Pty Ltd
    16.6 Datacom Systems (ACT) Pty Ltd
    16.7 Dell Australia Pty Ltd
    16.8 Digital (Digest) Data Design Pty Limited
    16.9 Emantra Pty Ltd
    16.10 eMite Pty Ltd
    16.11 Enterprise Data Corporation Pty Ltd