Global Data Center Support Infrastructure Market Reaches $75.8 Billion by 2024

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Dublin, July 5, 2022 (GLOBE NEWSWIRE) — The “Data Center Support Infrastructure – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offer.

Global Data Center Support Infrastructure Market Reaches $75.8 Billion by 2024
Data center support infrastructure refers to the additional space and equipment required to support data center operations. Supporting infrastructure includes power transformers, generators, uninterruptible power sources (UPS), chillers or refrigeration systems, air distribution systems, and air conditioning systems.

As a key functional system of the entire data center, the data center support infrastructure includes power, security, cooling, monitoring and metering systems, all of which are designed to assist in the management of the core data center operations. Amid the COVID-19 crisis, the global data center support infrastructure market is expected to reach $75.8 billion by 2024, growing at a compound annual growth rate (CAGR) of 9.4% over the analysis period.

The growth in the global market is fueled by the rapidly increasing volumes of data that must be stored and processed in a reliable and efficient manner. The rapid rise in demand for cloud storage services, the proliferation of online and mobile computing services, and the rapidly increasing use of social media platforms are leading to a significant increase in the number of data centers worldwide, fueling market growth.

The need for storage equipment is also increasing in line with the growing number of Internet users, increasing the need for data centers and supporting infrastructure solutions. Industries such as BFSI, IT & Telecom and Healthcare are leading users of data centers, which are vital for managing a wide variety of mission-critical applications requiring basic storage to high-performance computing.

North America leads the market due to technological advancements and favorable developments in the market. The increasing use of environmentally friendly and cost-efficient data center cooling solutions by companies across the region is expected to continue to drive the market in the coming years. The Asia-Pacific market is benefiting from the proliferation of smartphones and the penetration of the Internet which generate significant amounts of data and create the need for facilities to store and process the data.

Main topics covered:

I. METHODOLOGY
II. MANAGEMENT SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Continued Demand for Data Center Services Expands Market Opportunity for Data Center Infrastructure Support

  • Data center workloads continue to grow worldwide

  • Global data center IP traffic in Zettabytes for the years 2016, 2018, 2020 and 2022

  • Rise of cloud data centers causes exponential increase in data center demand

  • Global data center IP traffic distribution (in %) per cloud and traditional data centers for the years 2017, 2019 and 2021

  • Robust data center storage demand drives data center workloads

  • Global data center storage capacity: amount of data stored in data centers (in exabytes) for the years 2015, 2017, 2019 and 2021

  • Need for premium data center power solutions accelerates market expansion

  • Global Data Center Power Market Revenue by End Use Sector (in %): 2019

  • Global Data Center UPS Market Size Breakdown by Small Data Center, Medium Data Center, and Large Data Center for 2019

  • Rising Investments in Data Center Cooling Systems Drive Overall Market Momentum

  • World Data Center Cooling Market Revenue Breakdown (in %) by Structure for 2019

  • Asia-Pacific offers lucrative opportunities

  • Focus on energy-efficient data center operations shines the spotlight on cooling innovations

  • Increased emphasis on data center security fuels revenue growth

  • Enterprises Increase Investments in Data Center Security

  • Rising number and magnitude of data center security breaches fuels demand for data center security

  • Number of data breaches in the US for the years 2015-2018

  • Most common data center security breaches: an overview

  • Logical data center security solutions outperform physical data center security solutions

  • Global Data Center Security Solutions Market Analysis (in %) by Logical Security Solutions and Physical Security Solutions Segments: 2019

  • Data Center Monitoring and Measurement Technologies: Key Revenue Contributors

  • Elimination of unnecessary infrastructure and focus on consolidation

  • Identification of underutilized servers

  • Government and public sector data center modernization initiatives broaden business prospects

  • High Growth Outlook in Banking and Financial Services Data Centers

  • New growth opportunities abound in the energy and energy sector

  • Futuristic hyperscale and 400G data centers increase business case

  • Big data and cloud computing drive demand for hyperscale data centers

  • Number of hyperscale data centers worldwide (in units) for the period 2015-2021

  • Advanced data center infrastructure solutions for hyperscale requirements

  • AI and ML Emerge to Strengthen the Data Center Infrastructure Support Marketplace

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS


UNITED STATES

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIAN-PACIPHIC

REST OF THE WORLD

IV. CONTEST

Named companies

  • ABB Limited

  • Eaton Corporation

  • Hewlett Packard Enterprise Development LP

  • Hitachi Vantara

  • Huawei Technologies Co., Ltd.

  • Intel Corporation

  • McAfee, LLC

  • Raritan, Inc.

  • Rittal GmbH & Co. KG

  • Schneider Electric SE

  • Siemens AG

  • Vertiv Group Corp.

For more information about this report, visit https://www.researchandmarkets.com/r/f2kkob

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