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Data Center Services Market Analysis

  • Report ID: GMI2195
  • Published Date: Jan 2023
  • Report Format: PDF

Data Center Services Market Analysis

In terms of revenue, data center services market share from large data centers is anticipated to reach USD 30 billion by 2032. Large businesses are turning to private cloud, driving the industry growth. Cloud and large data centers as a service are gaining significant momentum owing to advanced capabilities such as massive volume of data handling capacity as compared to on-premise counterparts. The increasing data traffic and the growing need for the management of large data volumes are further encouraging the adoption of large data centers for their high processing speeds.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for data center services was worth more than USD 15 billion in 2022 and is expected to depict over 15% CAGR from 2023-2032.

Data center services industry valuation from large data centers is anticipated to reach USD 30 billion by 2032 due to the rising adoption of private cloud among large businesses.

Europe data center services industry size is projected to expand at over 10% CAGR between 2023-2032 driven by the increasing deployment in the automotive sector.

Cisco Systems, Inc., IBM Corporation, Huawei Technologies Co., Ltd., Equinix Inc., HCL Technologies Ltd., and Fujitsu Ltd. are some major companies in the data center services market.

Data Center Services Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 282
  • Countries covered: 16
  • Pages: 300
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