Report ID: SQMIG45D2085
Report ID:
SQMIG45D2085 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|
Tables:
116 |
Figures:
73
This market will be dominated by the data center infrastructure industry in North America. The expansion of big data analytics, cloud computing, and mobile broadband in this region is driving the need for new data center infrastructures. Additionally, it is projected that during the projection period, demand for DCIM will rise as cloud computing becomes more and more popular among North American enterprises as a result of declining server prices. The data center industry in the West of the US is well-established and growing. Data center operators will profit from the excellent connection and proximity to nearby IT hubs, making it a prudent investment. Approximately 90% of digital enterprises in California are part of this industry, which also includes cloud service providers and other IT and technology companies.
Because of its significance as a global hub for technology, Europe has the second-largest market share for data center infrastructure. With the increasing use of 5G, VR, and AI, the local enterprise IT sector is changing. In addition, the UK data centre infrastructure management market was developing at the quickest rate in the European Union, while the German data center infrastructure industry retained the biggest market share.
From 2023 to 2032, the Asia-Pacific data centre infrastructure management market is anticipated to develop at the quickest compound annual growth rate (CAGR). The number of SMEs in the Asia Pacific area has increased as a result of expanding internet usage and increasing access to commercial digital solutions. The data center sector is growing faster thanks to the rising usage of big data and artificial intelligence in this field. Furthermore, the data centre infrastructure management market in China commanded the most market share, while the data centre infrastructure management market in India grew at the fastest rate in the Asia-Pacific area.
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Report ID: SQMIG45D2085