With the emergence and long-term Impact of COVID-19, Global Mega Data Center Market to reach USD 34.1 Billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Mega Data Center Market points towards a potential rise to USD 34.1 Billion by 2030. A Mega Data Center is a purpose-built facility designed to accommodate computer systems that can effectively handle large-scale data transfers, high computational capabilities, storage capacity, and bandwidth. The mega data center market is expanding because of factors such as increase in demand for data storage facilities and rising adoption of cloud computing.
Geographically, the global Mega Data Center market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market during the forecast period owing to the increasing number of e-commerce platforms and extensive deployment of large-scale data centers. In terms of sales, Asia Pacific is the fastest growing region during the forecast period, owing to rise in internet penetration and the increasing adoption of cloud services in the region.
The global Mega Data Center market is highly competitive owing to the presence of several key manufacturers such as Juniper Networks, Inc, Vertiv Group Corp, International Business Machines Corporation, Schneider Electric, Pvt. Ltd, NetApp, Inc, Hewlett Packard Enterprise Development LP, Cisco Systems Inc, Dell Computer Corporation, Fujitsu Ltd, Intel Corporation and others.
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Key findings of the study suggest:
- Global Mega Data Center Market is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2023-2030.
- In the Users segment, Cloud emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to increasing demand for data storage due to emerging e-commerce platforms in the region.
- Asia Pacific is expected to grow at higher rate during 2023-2030 owing to increasing adoption of cloud technology in the region.
Bizwit Research & Consulting has considered following segments for the study:
By Solutions:
- Server
- Storage
- Networking
By Support:
- Power
- Cooling
- Security
By Services:
- Professional
- Monitoring
- SI
By Users:
- Cloud
- Colocation
- Enterprises
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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