Global Datacenter Deployment Spending Market: Snapshot
The global datacenter deployment spending market features a competitive and consolidated landscape, thanks to a large number of established players in the market. The market landscape is undergoing an uncertain path driven by innovation and influx of large investments, reports Transparency Market Research (TMR). The market also offers opportunities for new players to redefine competition by changing the course of technological advancements, adds TMR.
Major Key Players of the Datacenter Deployment Spending Market are:
AT&T, Google Inc., Equinix, Microsoft, NTT Communication Corporation, HP Company, IBM, Digital Reality, and Cisco Systems.
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The global datacenter deployment spending market players are expected to greet rising trends such as edge data centers, hyper convergence of technologies, and artificial intelligence with open arms. Energy efficiency is expected to emerge as a major challenge for end-users. Hence, key players in the market such as Google are already focused on finding ways to meet the demands for energy efficiency to lower costs.
TMR reports that the global datacenter deployment spending market was evaluated at US$44,346.7 mn in 2017. It is expected to reach US$83,650.5 mn by 2024 end, thanks to a remarkable CAGR of 13.5% during 2017-2022. On the basis of end-buyers, the market is expected to witness maximum traction in service provider segment. It accounted for 52.6% revenue share earlier, and is expected to reach 57.3% by 2024 end. It will likely reach US$47,897.3 mn in evaluation by 2024 end. The global datacenter deployment spending market is expected to witness highest growth in the North America region, which will likely reach US$29,389.7 mn by 2024 by the end of 2024.
The global datacenter deployment spending market has been segmented as follows:
End-Buyer
- Service Provider
- Enterprise
Datacenter Type
- Localized
- Mid-tier
- High-end
- Mega
Build Type
- New
- Rebuild Datacenter
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