Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. Arizton excels in providing comprehensive market intelligence reports and advisory and consulting services. Arizton offers market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
In the latest report, Arizton says that the global data centre market is expected to grow at a CAGR of around 4.5 per cent during the period 2020−2026. This apart some of the key highlights of the report are listed here.
Increased internet traffic between 25 per cent and 30 per cent, and adoption of cloud among enterprises owing to the COVID-19 pandemic has led to strong growth in demand for data centre services worldwide.
Colocation uptake led to multiple new announcements on data centre development in 2020. In 2020, the total number of colocation projects opened and under construction stood at over 370 data centre facilities.
There is increased development of hyper-scale data centres as well as significant contributions from Facebook, Digital Realty, Equinix, Google, GDS Services, Apple, and COPT Data Centre Solutions.
North America led the data centre market across the world, with a contribution of over 40% of the overall investment across the globe in 2020.
Renewable energy solutions are increasingly being adopted across data centres, owing to increasing concerns over carbon emissions.
Besides this, the report also provides valuable insights into the following offerings.
Market Size & Forecast by Revenue | 2020−2026
Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
Market Segmentation – A detailed analysis by infrastructure, IT infrastructure, electrical infrastructure, mechanical infrastructure, cooling technique, general construction, tier standards, and geography
Competitive Landscape – 6 IT infrastructure service provider, 8 support infrastructure service providers, 7 data centre contractors, 10 data centre investors and 76 other prominent vendors
The report also makes some interesting observations like the following.
The IT infrastructure market is growing due to the increasing investment in data centres and hyper-scale facilities. A majority of revenue is expected to be generated by server systems, followed by storage and network infrastructure during the forecast period. The introduction of artificial intelligence-based infrastructure solutions is influencing the overall market growth.
The adoption of cloud-based services and the development of hyper-scale facilities are expected to be strong drivers for the global IT infrastructure market. North America is likely to witness an increase in the enterprise adoption of colocation spaces for operations, which, in turn, will increase the revenue for high-performance infrastructure.
Several data centre facilities in North America have witnessed the implementation of 2N redundant UPS systems. Hyper-scale operators are deploying end-of-rack UPS solutions supporting up to six racks. The increasing procurement of renewable energy will reduce the procurement of generator systems in the region.
