This report describes and explains the data center services market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The global data center services market reached a value of nearly $59,534.78 million in 2022, having grown at a compound annual growth rate (CAGR) of 10.11% since 2017. The market is expected to grow from $59,534.78 million in 2022 to $116,425.78 million in 2027 at a rate of 14.36%. The market is then expected to grow at a CAGR of 13.24% from 2027 and reach $216,813.62 million in 2032.
Growth in the historic period resulted from rising adoption of digitalization, an increase in the number of data centers, strong economic growth in emerging markets and growing demand for cloud computing.
Going forward, an increase in usage of OTT (over-the-top) services, increasing internet penetration, increasing volume of structured and unstructured data and increasing 5G subscriptions will drive the market growth. Factors that could hinder the growth of the data center services market in the future include a shortage of skilled professionals and high barriers to entry.
The data center services market is segmented by services into installation and integration services, training services, consulting services, maintenance and support and other services. The consulting services market was the largest segment of the data center services market segmented by services for 30.96% of the total in 2022. Going forward, the training services market is expected to be the fastest growing segment in the data center services market segmented by services, at a CAGR of 15.07% during 2022-2027.
The data center services market is segmented by type into small data centers, medium data centers and large data centers. The small data centers market was the largest segment of the data center services market segmented by type for 42.41% of the total in 2022. Going forward, the medium data centers market is expected to be the fastest growing segment in the data center services market segmented by type, at a CAGR of 15.03% during 2022-2027.
The data center services market is segmented by infrastructure type into servers, storage and networking. The servers market was the largest segment of the data center services market segmented by infrastructure type for 57.00% of the total in 2022. Going forward, the servers market is expected to be the fastest growing segment in the data center services market segmented by infrastructure type, at a CAGR of 14.74% during 2022-2027.
The data center services market is segmented by application into BFSI (banking, financial services and insurance), colocation, energy, government, healthcare, IT (Information Technology) and telecom, manufacturing and other applications. The IT and telecom market was the largest segment of the data center services market segmented by application for 19.98% of the total in 2022. Going forward, the colocation market is expected to be the fastest growing segment in the data center services market segmented by application, at a CAGR of 14.87% during 2022-2027.
Asia Pacific was the largest region in the data center services market, accounting for 37.63% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the data center services market will be Asia Pacific and Eastern Europe, where growth will be at CAGRs of 15.48% and 14.53% respectively. These will be followed by South America and the Middle East, where the markets are expected to grow at CAGRs of 13.87% and 13.87% respectively.
The global data center services market is fragmented, with a large number of small players. The top ten competitors in the market made up to 11.87% of the total market in 2021. This can be due to the existence of number of local players in the market serving customers in particular geographies. Fujitsu Ltd was the largest competitor with 2.10% share of the market, followed by Equinix Inc. with 1.89%, Cisco Systems Inc with 1.54%, Huawei Technologies Co. Ltd with 1.47%, Capgemini SE with 1.22%, Hewlett Packard Enterprise Company with 0.97%, NTT Communications with 0.93%, Dell Technologies with 0.81%, IBM Corporation with 0.55% and HCL Technologies Limited with 0.38%.
The top opportunities in the data center services market segmented by services will arise in the consulting services segment, which will gain $18,092.64 million of global annual sales by 2027. The top opportunities in segment by type will arise in the small data centers segment, which will gain $22,969.46 million of global annual sales by 2027. The top opportunities in segment by infrastructure type will arise in the servers segment, which will gain $33,564.76 million of global annual sales by 2027. The top opportunities in segment by application will arise in the IT and telecom segment, which will gain $11,722.50 million of global annual sales by 2027. The data center services market size will gain the most in the USA at $14,434.76 million.
Market-trend-based strategies for the data center services market include new technology advancements, micro data center services, hyper-scale data centers with clean energy, focus on off-grid data center-as-a-service and partnerships and collaborations.
Player-adopted strategies in the data center services market include focus on enhancing business operations through the launch of new services and focus on expanding geographic footprint through strategic acquisitions.
To take advantage of the opportunities, the publisher recommends the data center services companies to focus on technological advancements, focus on data center suites, focus on micro data center services, focus on clean energy hyper-scale data centers, focus on off-grid data center-as-a-service, expand in emerging markets, continue to focus on developed markets, focus on partnerships and collaborations, provide competitively priced offerings, offer bundled pricing, participate in trade shows and events, continue to use b2b promotions, partner with large data centers, continue to target fast-growing end-users.
The global data center services market reached a value of nearly $59,534.78 million in 2022, having grown at a compound annual growth rate (CAGR) of 10.11% since 2017. The market is expected to grow from $59,534.78 million in 2022 to $116,425.78 million in 2027 at a rate of 14.36%. The market is then expected to grow at a CAGR of 13.24% from 2027 and reach $216,813.62 million in 2032.
Growth in the historic period resulted from rising adoption of digitalization, an increase in the number of data centers, strong economic growth in emerging markets and growing demand for cloud computing.
Going forward, an increase in usage of OTT (over-the-top) services, increasing internet penetration, increasing volume of structured and unstructured data and increasing 5G subscriptions will drive the market growth. Factors that could hinder the growth of the data center services market in the future include a shortage of skilled professionals and high barriers to entry.
The data center services market is segmented by services into installation and integration services, training services, consulting services, maintenance and support and other services. The consulting services market was the largest segment of the data center services market segmented by services for 30.96% of the total in 2022. Going forward, the training services market is expected to be the fastest growing segment in the data center services market segmented by services, at a CAGR of 15.07% during 2022-2027.
The data center services market is segmented by type into small data centers, medium data centers and large data centers. The small data centers market was the largest segment of the data center services market segmented by type for 42.41% of the total in 2022. Going forward, the medium data centers market is expected to be the fastest growing segment in the data center services market segmented by type, at a CAGR of 15.03% during 2022-2027.
The data center services market is segmented by infrastructure type into servers, storage and networking. The servers market was the largest segment of the data center services market segmented by infrastructure type for 57.00% of the total in 2022. Going forward, the servers market is expected to be the fastest growing segment in the data center services market segmented by infrastructure type, at a CAGR of 14.74% during 2022-2027.
The data center services market is segmented by application into BFSI (banking, financial services and insurance), colocation, energy, government, healthcare, IT (Information Technology) and telecom, manufacturing and other applications. The IT and telecom market was the largest segment of the data center services market segmented by application for 19.98% of the total in 2022. Going forward, the colocation market is expected to be the fastest growing segment in the data center services market segmented by application, at a CAGR of 14.87% during 2022-2027.
Asia Pacific was the largest region in the data center services market, accounting for 37.63% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the data center services market will be Asia Pacific and Eastern Europe, where growth will be at CAGRs of 15.48% and 14.53% respectively. These will be followed by South America and the Middle East, where the markets are expected to grow at CAGRs of 13.87% and 13.87% respectively.
The global data center services market is fragmented, with a large number of small players. The top ten competitors in the market made up to 11.87% of the total market in 2021. This can be due to the existence of number of local players in the market serving customers in particular geographies. Fujitsu Ltd was the largest competitor with 2.10% share of the market, followed by Equinix Inc. with 1.89%, Cisco Systems Inc with 1.54%, Huawei Technologies Co. Ltd with 1.47%, Capgemini SE with 1.22%, Hewlett Packard Enterprise Company with 0.97%, NTT Communications with 0.93%, Dell Technologies with 0.81%, IBM Corporation with 0.55% and HCL Technologies Limited with 0.38%.
The top opportunities in the data center services market segmented by services will arise in the consulting services segment, which will gain $18,092.64 million of global annual sales by 2027. The top opportunities in segment by type will arise in the small data centers segment, which will gain $22,969.46 million of global annual sales by 2027. The top opportunities in segment by infrastructure type will arise in the servers segment, which will gain $33,564.76 million of global annual sales by 2027. The top opportunities in segment by application will arise in the IT and telecom segment, which will gain $11,722.50 million of global annual sales by 2027. The data center services market size will gain the most in the USA at $14,434.76 million.
Market-trend-based strategies for the data center services market include new technology advancements, micro data center services, hyper-scale data centers with clean energy, focus on off-grid data center-as-a-service and partnerships and collaborations.
Player-adopted strategies in the data center services market include focus on enhancing business operations through the launch of new services and focus on expanding geographic footprint through strategic acquisitions.
To take advantage of the opportunities, the publisher recommends the data center services companies to focus on technological advancements, focus on data center suites, focus on micro data center services, focus on clean energy hyper-scale data centers, focus on off-grid data center-as-a-service, expand in emerging markets, continue to focus on developed markets, focus on partnerships and collaborations, provide competitively priced offerings, offer bundled pricing, participate in trade shows and events, continue to use b2b promotions, partner with large data centers, continue to target fast-growing end-users.
Table of Contents
1. Executive Summary2. Table Of Contents3. List Of Figures4. List Of Tables5. Report Structure18. Competitive Landscape And Company Profiles
6. Introduction and Market Characteristics
7. Major Market Trends
8. Global Market Size and Growth
9. Global Data Center Services Market Segmentation
10. Data Center Services Market, Regional and Country Analysis
11. Asia-Pacific Market
12. Western Europe Market
13. Eastern Europe Market
14. North America Market
15. South America Market
16. Middle East Market
17. Africa Market
19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Data Center Services Market, Conclusions And Recommendations
23. Appendix
Executive Summary
Data Center Services Global Market Opportunities And Strategies To 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global data center services market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
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Description:
Where is the largest and fastest growing market for data center services? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The data center services Global Market Opportunities And Strategies To 2030: COVID-19 Impact and Recovery answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider data center services market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics
- Key Trends
- Global Market Size and Growth
- Regional Analysis
- Market Segmentation
- Regional Market Size and Growth
- Competitive Landscape
- Key Mergers and Acquisitions
- Market Opportunities And Strategies
- Conclusions And Recommendations
- Appendix
Scope:
Markets Covered:
1) By Services: Installation And Integration Services; Training Services; Consulting Services; Maintenance And Support; Other Services2) By Type: Small Data Centers; Medium Data Centers; Large Data Centers
3) By Infrastructure Type: Servers; Storage And Networking
4) By Application: BFSI (Banking, Financial Services And Insurance); Colocation; Energy; Government; Healthcare; IT (Information Technology) And Telecom; Manufacturing; Other Applications
Companies Mentioned: Fujitsu Ltd; Equinix Inc.; Cisco Systems Inc; Huawei Technologies Co. Ltd; Capgemini SE
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; data center services indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Fujitsu Ltd
- Equinix Inc.
- Cisco Systems Inc
- Huawei Technologies Co. Ltd
- Capgemini SE
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 328 |
| Published | May 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 59534.78 Million |
| Forecasted Market Value ( USD | $ 216813.62 Million |
| Compound Annual Growth Rate | 13.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
