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Global Data Centre Market is Expected to Grow at a CAGR of 18% in the Forecast Period of 2020-2025.

According to a new report by EMR titled, ‘Global Data Centre Market Report and Forecast 2020-2025’, the global data centre market is anticipated to grow at a CAGR of 18% in the forecast period of 2020-2025.

North America dominates the global data centre market. The region held the largest market share in the data centres market in 2019. During the forecast period, the region will offer market players multiple growth opportunities. The increasing use of cloud services by companies across industries will influence the market growth of data centres in this region significantly.

Multi-cloud services can deploy specific application providers on a case-by-case basis. Multi-cloud architecture also prevents data loss or downtime during a regional component failure. It also retains compliance with safety requirements as well as fulfils working load requirements. These attributes are leading companies to adopt data centre services increasingly to meet their business needs, helping the data centre market to grow.

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The growing data centre market in the Asia Pacific is expected to drive the growth of the industry in the coming years. In June 2017, Equinix Inc. (NASDAQ: EQIX), one of the key players in the industry, partnered with Alibaba Cloud (NYSE: BABA) to provide greater cloud connectivity. Access to Alibaba Cloud is crucial for multinational customers seeking to securely and efficiently extend their cloud applications into the Asia Pacific region. Alibaba Cloud Express Connect also allows companies to draw on the extensive network of Alibaba Cloud in mainland China.

Market Analysis by Type, Service, Deployment Mode, Application, and Region:

  • The types of data centres are tier 1, tier 2, tier 3, and tier 4.
  • The services of data centre include infrastructure, cloud and hosting, networks, consulting, and virtualisation.
  • The deployment modes in the industry can be divided into on-premise and cloud.
  • It finds its applications in BFSI, healthcare, retail, manufacturing, and IT and telecom, among others.
  • The regional markets for data centre include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The increased internet penetration is providing an impetus to the market growth.
  • Rising urbanisation and technological advancements are driving the market growth further.
  • The rising adoption of multi-cloud solutions and network upgrades to support 5G will fuel the demand for data centres in the coming years.
  • The rise in edge computing deployment would aid the market demand for data centres in the forecast period.

Key Offerings of the Report:

  • The EMR report gives an overview of the global data centres market for the periods (2015-2019) and (2020-2025), covering the types, services, deployment modes, and applications of data centre.
  • The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the regions.
  • The comprehensive report by EMR assesses the market based on the Porter’s Five Forces and SWOT analysis.

The major key players in the global data centres market include companies like Reliance Group, Capgemini SE, HCL Technologies Limited, Nokia Corporation, Sify Technologies Limited, IBM Corporation, Cisco Systems Inc, Hewlett Packard Enterprise Company, Hitachi Ltd., and Equinix Inc., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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