Data Centre Market – 35  of growth to originate from north America

Published on : Monday 23-05-2022

• 58 Likes

Evolving opportunities with Alphabet Inc., and Amazon.com Inc – Technavio report.

New York, May 20, 2022 – The Data Centre Market report provides a detailed analysis of the competitive scenario, trends, drivers, challenges, and market growth across various regions. The data centre market size is estimated to grow by USD 615.96 billion from 2021 to 2026, growing at a CAGR of 21.98% as per the latest market report by Technavio. 35% of the market's growth will originate from North America during the forecast period. The US is the key market for data centres in North America. Market growth in this region will be faster than the growth of the market in Europe and the MEA. The significant increase in the adoption of cloud services by enterprises across industries in countries such as the US and Canada will facilitate the data centre market growth in North America over the forecast period.

Factors such as the rise in adoption of multi-cloud and network upgrades to support 5g, demand planning, and expansion by hyper-scalers will be crucial in driving the growth of the market. However, the cybersecurity issues will restrict the market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. The data centre market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth.

The data centre market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The data centre market report provides complete insights on key vendors including, Huawei Investment and Holding Co. Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., and SAP SE. The data centre market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Few companies with key offerings

Alphabet Inc – The company offers high-performing, secure, reliable, and efficient data centres throughout the world through its subsidiary Google.

Amazon.com Inc – The company offers data centres through its subsidiary Amazon Web Services.

Cisco Systems Inc – The company offers data centres namely Cisco Data Centre for networking and computing.

DXC Technology Co – The company offers data centres to optimise and manage your IT estate.

Equinix Inc – The company offers data centres with real-time, online infrastructure monitoring, flexible power, and usage solutions and secures your on-site deployment.