A new market study, “Data Center Life Cycle Services Market Size, Status and Forecast 2017-203” has been featured on Market Research Future.
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Market Scenario:
Data center life cycle services facilitates the activities that support the projects and operation of a data center, which provides processing, storage, networking, management and the distribution of data within an enterprise. They are of two categories namely, services provided to a data center and services provided from a data center.
Major factors driving the data center life cycle services market are reduction of costs by eliminating manual checks of servers and other data center assets. It also provides increased efficiency and productivity, and decreased human efforts. The growing data and storage requirement increases the associated data center assets and costs. In order to minimize the cost associated with the operations of data centers and to maximize profits, various organizations are developing more scalable and efficient data center management solutions.
Data center life cycle services market has been segmented on the basis of component, deployment, data center type, service and vertical. The component segment comprises of hardware and software components. Out of which the software segment is expected to grow at a significant rate during the forecast period owing to more and more professionals gaining control of their data centers.
The global data center life cycle services market is expected to grow at approx. USD 7 Billion by 2023, at 15% of CAGR between 2017 and 2023.
Key Players:
The prominent players in data center life cycle services market are – Schneider Electric (France), HP (U.S.), IBM Corporation (U.S.), Vertiv (U.S.), Nlyte Software (U.S.), Optimum Path, Inc. (U.S.), Raritan (U.S.), CA Technologies (U.S.), FieldView Solutions, Inc. (U.S.) and Huawei Technologies Co. Ltd. (China), among others.
Segments:
Data center life cycle services market can be segmented on the basis of following:
By Component
- Hardware
- Software
By Deployment
- On-Premise
- Cloud
By Data Center Type
- Mid-Size Data Center
- Enterprise Data Center
- Large Data Center
By Service
- Managed Services
- Cloud Services
- Professional Services
- IT Asset Disposition Services
- Integration Services
- Others
By Vertical
- BFSI
- Manufacturing
- Healthcare
- Media & Entertainment
- IT & Telecommunication
- Government
- Others
Regional Analysis:
The regional analysis of data center life cycle services market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market followed by Europe, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in data center life cycle services market in North America is attributed to the technical advancements and well established infrastructure in that region.
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Data Center Life Cycle Services MarketIn this rapidly changing world of technology, data center life cycle services market is projected to show major growth prospects during the forecast period.
Exponential growth in the amount of data consumed by various industries, individuals, and organizations is the major factor driving the growth of data center life cycle services market.As compared to other regions, the data center life cycle services market in North America is expected to witness significant growth during the forecast period.
This is owing to the presence of large number of cloud based data centers and technical advancements in that region.
In addition to this the region also has a well-established infrastructure which allows higher penetration of devices which ultimately provides high speed connectivity and is expected to be a major factor for the growth of data center life cycle services market.The data center life cycle services market is growing rapidly over 15% of CAGR and is expected to reach at approx.
USD 7 billion by the end of forecast period.Market Research Future (MRFR) recognizes the following companies as the key players in the data center life cycle services market — Schneider Electric (France), HP (U.S.), IBM Corporation (U.S.), Vertiv (U.S.), Nlyte Software (U.S.), Optimum Path, Inc. (U.S.), Raritan (U.S.), CA Technologies (U.S.), FieldView Solutions, Inc. (U.S.) and Huawei Technologies Co. Ltd. (China) among others.Data center life cycle services Market SegmentationThe data center life cycle services market has been segmented on the basis of component, deployment, data center type, service and vertical.
The choice of data center depends on the downtime a business will be able to withstand.
Data Center Life Cycle Services Market, By Component (Hardware, Software), By Deployment, By Data Center Type (Mid-Size Data Center, Enterprise Data Center, Large Data Center), By Service and By Vertical - Forecast 2023Data Center Life Cycle Services MarketIn this rapidly changing world of technology, data center life cycle services market is projected to show major growth prospects during the forecast period.
Exponential growth in the amount of data consumed by various industries, individuals, and organizations is the major factor driving the growth of data center life cycle services market.
This is owing to the presence of large number of cloud based data centers and technical advancements in that region.
In addition to this the region also has a well-established infrastructure which allows higher penetration of devices which ultimately provides high speed connectivity and is expected to be a major factor for the growth of data center life cycle services market.
The data center life cycle services market is growing rapidly over 15% of CAGR and is expected to reach at approx.
USD 7 billion by the end of forecast period.
