The data center market size value is poised to grow by $ 519.34 bn during 2021-2025. The market is expected to progressing at a CAGR of over 21%. In addition, the report offers a detailed analysis of the current market scenario, which is majorly focused on the COVID-19 impact. Furthermore, our research expects have extensively covered the latest trends, challenges, and drivers and vendor strategies to overcome growth obstacles.

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Data Center Market Trends & Drivers

The data center market research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as rise in adoption of multi-cloud and network upgrade to support 5g, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.  

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The data center market has also explored key trends such as demand planning and expansion by hyperscalers, which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.

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Data Center Market: Segmentation Analysis

This market research report segments the data center market by Component (IT infrastructure, Power management system, Mechanical construction, General construction, and Security solutions) and Geography (North America, APAC, Europe, South America, and MEA).

The North America region led the data center market in 2021, followed by APAC, Europe, South America, and MEA respectively. During the forecast period, the North America region is expected to register the highest incremental growth due to factors such as .

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A few of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario