Data Center Infrastructure Market to Rise at 5.5% CAGR till 2027; Increasing Adoption of Thermal Management Solutions by Data Center Operators to Stoke Market Growth

The global data center infrastructure market size is projected to reach USD 142.31 billion by 2027 owing to the escalating consumption of data worldwide, states Fortune Business Insights™ in its report, titled “Data Center Infrastructure Market Size, Share & COVID-19 Impact Analysis, By Component (Solutions, Services), and Regional Forecast, 2020-2027”. The report further states that the value of the market in 2019 was USD 94.56 billion and the market is expected to register a CAGR of 5.5% from 2020 to 2027.

The rapid deployment of remote working facilities by organizations amid the COVID-19 pandemic is proving favorable for the data center infrastructure market growth. These infrastructures are enabling employees to quickly access company data through the cloud, thus ensuring employee productivity and efficiency in these unusual times. Moreover, the pandemic has also prompted businesses to transition from traditional models to digital systems, which will further benefit the growth of this market.

Lenovo Introduces New Data Management and Storage Products

In December 2020, Lenovo’s Data Center Group announced the launch of new offerings designed to facilitate end-to-end data management. The four new products are: the ThinkSystem DM5100F, which provides a low-latency, high-performance storage platform; the ThinkSystem Intelligent Monitoring, which can lower, or even mitigate, data management costs; the DB720S Fibre Channel Switch that can accelerate application performance; and the Lenovo-SAP cloud service data center infrastructure management. The aim of the company behind the development of these products is to enable end-users to access data more efficiently and securely through a single set of tools. Amid the current pandemic, Lenovo is attempting to drive business outcomes using data analytics that encompass the edge, core, and the cloud.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/data-center-infrastructure-market-104659

Building of Hyperscale Data Center Facilities by Tech Giants to Propel the Market

Hyperscale data centers can be understood as efficient spaces that house a large volume of IT equipment and offer scalable applications to companies who own them. These facilities offer a host of economic advantages to the organizations they support. For example, hyperscale infrastructures maximize cooling efficiency of the climate control architecture contained within the data center. This can bring down the costs of powering the cooling mechanisms of a data center facility, which is the largest operational expenditure incurred by data centers worldwide. Many leading tech companies have been investing and building hyperscale data center infrastructures to amplify their services. For example, Facebook opened its fifth hyperscale facility in Texas in May 2017 and added a new building to the existing premises, which was supposed to be completed by mid-2020. Together, the premises will span 2.5 million square feet, making it a mega-scale facility. Similarly, Amazon Web Services reportedly invested USD 26 billion in data centers in 2019, with new multimillion dollar hyperscale facilities planned in Argentina and Brazil.

Strategic Expansion in Emerging Market by Top Competitors to Augment Competition

With the demand for data surging in emerging economies, tech companies are exploring different avenues to establish their operations in these markets. To that end, key players are making strategic investments and partnering with regional companies to capitalize the business digitization trends observed in developing nations. This strategy is not only enabling companies to gain a foothold in these countries, but it also bolstering their global dominance in the digital space.

Industry Development:

• November 2020: Amazon Web Services (AWS) announced an investment of USD 2.8 billion to build multiple data centers in Telangana, India. Starting its operations by mid-2022, the new data center cluster will be AWS’s second such venture in India, the first being in Mumbai in 2016.

List of Key Players Profiled in this Market Report:

• CommScope Inc. (North Carolina, United States)


• Sunbird Software (New Jersey, United States)


• Huawei Technologies Co., Ltd. (Shenzhen, China)


• Siemens AG (Munich, Germany)


• Vertiv Group Corp. (Columbus, Ohio)


• IBM Corporation (New York, United States)


• Johnson Controls Inc. (Cork, Ireland)


• RACKWISE (Denver, United States)


• UnityOneCloud (California, United States)


• Nlyte Software Inc. (New Jersey, United States)


• ABB Ltd (Zürich, Switzerland)


• Eaton Corporation Inc. (Dublin, Ireland)


• Hewlett Packard Enterprise Development LP (California, United States)


• Schneider Electric SE (Rueil-Malmaison, France)

Further Report Findings:

• The services segment is predicted to make substantial gains during the forecast period owing to the rising utilization of data centers across industry verticals.


• North America is expected to lead the market share of data center infrastructure during the forecast period on account of increasing digitization of network management and communications services by public sector entities in the US and Canada. The region’s market size in 2019 stood at USD 35.84 billion.


• Increasing preference for cloud-based data management by businesses will prove beneficial for the market in Latin America and the Middle East & Africa.

Table of Segmentation