Data Center Services Market Size, Unlocking Growth Potential
and Share Projections for 2023-2032 | 300 Pages Report

Global Market Insights, Inc., announces a report on Data
Center Services Market Trends & Forecast - 2032. The study encompasses an
elaborate analysis of the product, application, and regional trends in the
industry.

Data Center Services Market is anticipated to grow
considerably between 2023 and 2032, owing to the increasing number of SMEs in
developing countries. As per reports, SMEs generate a huge amount of data,
which is anticipated to fuel the demand for the data center services during the
next ten years. Besides, the data center offers cost-effective services, a
robust software and hardware ecosystem, great system performance, and instant
scalability, which will further propel its adoption by 2032.

Competitive landscape of the data center services market
trends:

·      
Cisco Systems, Inc.

·      
IBM Corporation

·      
Schneider Electric SE

·      
Dell, Inc

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In addition, certain government-backed initiatives are also
adding impetus to the data center services market. For instance, the
governments of several countries, such as China and India, are offering
financial aid, tax incentives, and technical support to local SMEs to support
products made in their countries. According to reports, in 2021-22, India
received the highest FDI, valued at nearly USD 83.6 billion. This FDI came from
101 countries and was invested across 57 sectors and 31 UTs and states. In
addition, India is all set to attract an FDI of USD 100 billion in 2023.

Overall, the data center services industry is segmented in
terms of type, data center size, application, and region.

Considering the type, the consulting services segment is
slated to grow at over 10% CAGR through 2032. Data center consulting services
help fulfill the prerequisites of innovation through best-in-class data center
design services, ranging from initial consultation to the modernization of
existing facilities. It also helps enterprises create agile and cost-efficient
data centers.

Based on data center size, the small data centers segment is
expected to expand at a rapid pace through 2032. Small data centers help
organizations maintain data at a low cost within a limited space. In addition,
several benefits provided by small data centers, such as consuming less energy
and flexibility (which can be scaled up as and when needed), will most likely
fuel their adoption in the following years.

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By application, the colocation industry is slated to depict
over 15% CAGR by 2032 end. Advantages of colocation such as better
connectivity, improved network security, redundant power supplies, burst
capability, and room for growth are some of the key benefits, that are slated
to increase its deployment in the future.

Regionally, the North America data center services industry
was valued at over USD 6 billion in 2022 and is further anticipated to grow
considerably in the next decade. The regional market growth will be accredited
to the digital transformation initiatives taken by the U.S., Canada, and Mexico
governments in various domains.

Data Center Services Market by Application

• BFSI


• Colocation


• Energy


• Government


• Healthcare


• IT & telecom


• Manufacturing


• Others

Report Content

Chapter 1  
Methodology & Scope

1.1    Scope and
definition

1.2    Methodology
& forecast parameters

1.3    COVID-19 impact

1.4    Data Sources

1.5    Industry
Glossary

Chapter 2  
Executive Summary

2.1    Data Center
services industry 3600 snapshots, 2018-2032

2.2    Business trends

2.3    Regional trends

2.4    Type trends

2.5    Data center
size trends

2.6    Application
trends

About Global Market Insights

Global Market Insights Inc., headquartered in Delaware,
U.S., is a global market research and consulting service provider, offering
syndicated and custom research reports along with growth consulting services.
Our business intelligence and industry research reports offer clients with
penetrative insights and actionable market data specially designed and
presented to aid strategic decision making. These exhaustive reports are
designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy,
and biotechnology.

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