In 2023: Equinix unveiled an expansion to ramp up support for advanced liquid cooling technologies, including direct-to-chip solutions, in over 100 International Business Exchange (IBX) data centers globally. This initiative further bolsters Equinix’s current implementation of using rack heat exchangers to cool its IBX facilities via the liquid-to-air method.
According to MarkNtel Advisors study, The Global Data Center Solutions Market size was valued at around USD 321.8 billion in 2023 and is estimated to grow at a CAGR of around 12.8% during the forecast period, i.e., 2024-30.
The high surge in the digital infrastructural capability of data centers is the driving force that plays a prominent role in boosting market growth. Data center infrastructure involves the handling of large volumes of data digitally with advanced and innovative technical aspects, thus leading the data center solutions market to propel more. The penetration of data-intensive decision-making applications into data center infrastructure, along with cloud computing and IoT-based devices, is scaling up the data center’s overall performance capabilities. As a result, a rise in the digital landscape and future-driven data center solutions is being witnessed in data centers globally, hence increasing the significance of digital infrastructure planning and eventually increasing the market size.
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Key Findings in Data Center Solutions Market:
| Historical Years | 2019-2022 |
| Base Years | 2023 |
| Forecast Years | 2024-2030 |
| Key Report Highlights | Market Dimensions & ProjectionsPricing Evaluation,Recent Strategic Moves by Companies,Primary Stakeholders,Analysis of Import and Export Trends,Competitive Landscape Assessment,Emerging Opportunities,Market Trends and Indicators |
| Reports Delivery Format | Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address. |
Data Center Solutions Market Key Players:
AWS, Microsoft, Google, Equinix, Dell Technologies, Huawei, Digital Realty, NTT, KDDI, HPE, Oracle, Alibaba Cloud, IBM, Cyrusone, China Telecom, Others
Market Segmentation Overview:
By Offering
-Hardware
–IT Modules
—Servers
—Storage
—Network Infrastructure
— Power Modules
–Cooling Modules
-Software
–Monitoring and Management Tools
—DCIM Software
—Performance Monitoring Tools
—Configuration Management
–Automation and Orchestration Software
–Back-up and Disaster Recovery Software
–Security Software
–Virtualization Software
–Analytics Software
—Predictive Analytics
—Real-time monitoring & reporting
-Services
–Design and Consulting
–Integration and Deployment
–Support and Maintenance
By Data Center Type
-Cloud Data Centers
-Colocation Data Centers
-Enterprises Data Centers
-Modular Data Centers
-Edge Data Centers
–Regional Edge Data Centers
–Mobile Edge Computing (MEC) Centers
Cloud Data Centers hold a significant share of the Global Data Center Solutions Market. The digital transformation initiatives & strategies, such as Digital India, the UAE digital strategy, etc., laid out by governments across Asia-Pacific, the Middle East & Africa, etc., lead to the growing need for scalable, flexible, and cost-effective IT infrastructure. Organizations across various industries, like BFSI, IT & Telecom, etc., are investing heavily to migrate their IT infrastructure and applications to the cloud to achieve greater flexibility, scalability, and cost-efficiency.
As a result, there is an increase in demand for cloud services. Thus, to cater to the growing demand & and support digital transformation, cloud service providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform are expanding their data centers. With this surge in the development of data centers across the region, like North America, Asia-Pacific, etc., the demand for efficient data center solutions has increased across the globe.
By Tier Type
-Tier 1
-Tier 2
-Tier 3
-Tier 4
By Data Center Size
-Small Data Centers
-Mid-Sized Data Centers
-Large Data Centers
By Vertical
-BFSI
-IT & Telecom
-Government & Public Sector
-Healthcare & Life Sciences
-Transportation
-Retail
-Manufacturing
-Energy & Utilities
-Others
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By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The Data Center Solutions Industry Recent Development:
In 2023: AWS collaborated with DXC Technology, which has had first-hand experience of the benefits that come from working together towards establishing an advanced and cloud-based IT infrastructure. This partnership aims to simplify the migration process for clients who need to transition from outdated data center facilities into modern, secure, and environmentally friendly solutions offered by AWS.
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