Data Center Services Market by Services [Cloud and Hosting, Infrastructure, Virtualization, Consulting, and Networks], Data-centers [Tier 1, Tier 2, Tier 3, and Tier 4], End-user Industry [Healthcare, Retail, IT and Telecom, Manufacturing, and BFSI], Deployment Mode [Cloud and On-premise], and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East and Africa) – Global Industry Analysis, Growth, Shares, Size, Trends, and Forecast 2021 – 2028
The data center services market size was valued at USD 15 Billion in 2020 and is expected to expand at a significant CAGR during forecast period 2021–2028. Growth of the market is attributed to increasing disposable income, minimum capital investment, and rising data center construction projects globally.
A data center services include activities that support the implementation, operation, enhanced data services, maintenance, and all of the services and facility-related components. It is an infrastructure that gives distribution, processing, management, networking, and the storage of data within corporations.
Corporations are adopting solutions offered by data center services to manage operation in data center during Covid-19 pandemic to perform remotely daily operations. Many enterprises across the globe adopted work from home model, due to this fact the demand for solutions offered by data center services is projected to rise during the forecast period. As it provides benefit such as low setup cost, flexibility, and scalability.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for video conference platform is projected to boost the market in the coming years.
- Growing trend for data center colocation is the major factor fueling the market during the forecast period.
- Privacy breach and data security concerns act as a main challenge that can hamper the market expansion in the coming years.
- Lack of IT infrastructures in remote area is projected to restrict the market growth in the coming years.
- R&D investment and technological advancement in data center services market is projected to offer lucrative opportunities for the market players.
Scope of the Report
The report on the data center services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Data Center Services Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
|
Historic Data |
2018-2019 |
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Forecast Period |
2021-2028 |
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Segmentation |
Services [Cloud and Hosting, Infrastructure, Virtualization, Consulting, and Networks], Data-centers [Tier 1, Tier 2, Tier 3, and Tier 4], End-user Industry [Healthcare, Retail, IT and Telecom, Manufacturing, and BFSI], Deployment Mode [Cloud and On-premise] |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East and Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players covered in the Report |
Hewlett Packard Enterprise Company, HCL Technologies Limited, Fujitsu Ltd, Capgemini SE, Cisco Systems Inc., Nokia Corporation, Sify Technologies Limited, Hitachi Ltd, IBM Corporation, Huawei Technologies Co. Ltd, Schneider Electric SE, NTT Communications, and Vertiv Group Corp. |
Market Segment Insights
The BFSI segment accounts for a key share of the market
Based on end-user industries, the data center services market is segregated into healthcare, retail, IT and telecom, manufacturing, and BFSI. The BFSI segment accounts for a key share of the market. Growth of the market is attributed to increasing urbanization, rapidly expanding industrial sector, and increasing number of SMEs adopting technologies.
However, the IT and telecom segment are anticipated to expand at a rapid pace during the forecast period due to factors such as up to date service to customer and rapid digitalization in healthcare sector.
The cloud and hosting segment is estimated to expand at a substantial CAGR during the forecast peirod
On the basis of services, the data center services market is segmented into cloud and hosting, infrastructure, virtualization, consulting, and networks. The cloud and hosting segment accounts for a significant share of the market. Growth of the market is attributed to increasing demand for massive storage requirements and rise in acceptance of technologies like cloud and 5G. The consulting segment is anticipated to expand at a rapid pace during the forecast period due to factors such as maximum productivity during infrastructure upgrades, rising demand for cloud computing services, and increasing consumption of digital services.
The tier 1 segment holds a major market share
Based on data-centers, the data center services market is divided into tier 1, tier 2, tier 3, and tier 4. The tier 1 segment is projected to expand at a substantial CAGR during the forecast period. A tier 1 data center is a class of data center services that has separate network links, components, and source of servers. It is exclusive forms of data center services tiers and lacks any backup supply and redundant of data center operational services and infrastructure components.
A tier 2 data center services is a place that has several network links, components, and source of servers. It is a center that has redundant mechanisms but solo source and path and limited redundancy in data center cooling resources and power.
The cloud segment is estimated to hold a major market share
Based on deployment mode, the data services market is bifurcated into cloud and on-premise. An on-premises data center services is a set of servers that are privately controlled and owned by enterprises. The cloud segment is estimated to expand at a rapid pace during the forecast period. A cloud facility is a service which can be accessible through a remote cloud computing server. These services are managed by providers and third-party who has access to computing services like networking through internet and analytics.
The market in North America is estimated to hold major market share
On the basis of region, the data center services market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East and Africa. The market of Asia Pacific is anticipated to expand at a high CAGR during the forecast period due to government organizations are encouraging adaptation of digital technologies across region, increased uses of data storage portable devices, and rising demand for expensive data center establishment.
The market of North America is expected to hold a major market share due to increasing adaptation of digitalization across developing and developed economies, growing use of OTT services across regions, and high demand for maintaining optimum operations.
Segments
Segments Covered in the ReportThe data center services market has been segmented on the basis of
Services
- Cloud and Hosting
- Infrastructure
- Virtualization
- Consulting
- Networks
- Tier 1
- Tier 2
- Tier 3
- Tier 4
- Healthcare
- Retail
- IT and Telecom
- Manufacturing
- BFSI
- Cloud
- On-premise
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East and Africa
- Hewlett Packard Enterprise Company
- HCL Technologies Limited
- Fujitsu Ltd
- Capgemini SE
- Cisco Systems Inc.
- Nokia Corporation
- Sify Technologies Limited
- Hitachi Ltd
- IBM Corporation
- Huawei Technologies Co. Ltd
- Schneider Electric SE
- NTT Communications
- Vertiv Group Corp.
Competitive Landscape
Key players competing in the data center services market include Hewlett Packard Enterprise Company, HCL Technologies Limited, Fujitsu Ltd, Capgemini SE, Cisco Systems Inc., Nokia Corporation, Sify Technologies Limited, Hitachi Ltd, IBM Corporation, Huawei Technologies Co. Ltd, Schneider Electric SE, NTT Communications, and Vertiv Group Corp.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Center Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Data Center Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Data Center Services Market - Supply Chain
4.5. Global Data Center Services Market Forecast
4.5.1. Data Center Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Data Center Services Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Data Center Services Market Absolute $ Opportunity
5. Global Data Center Services Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Data Center Services Market Size and Volume Forecast by End Users
5.3.1. Healthcare Retail IT and Telecom Manufacturing BFSI
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Data Center Services Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Data Center Services Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Data Center Services Demand Share Forecast, 2019-2026
7. North America Data Center Services Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Data Center Services Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Data Center Services Market Size and Volume Forecast by End Users
7.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Data Center Services Demand Share Forecast, 2019-2026
8. Latin America Data Center Services Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Data Center Services Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Data Center Services Market Size and Volume Forecast by End Users
8.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Data Center Services Demand Share Forecast, 2019-2026
9. Europe Data Center Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Data Center Services Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Data Center Services Market Size and Volume Forecast by End Users
9.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Data Center Services Demand Share Forecast, 2019-2026
10. Asia Pacific Data Center Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Data Center Services Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Data Center Services Market Size and Volume Forecast by End Users
10.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Data Center Services Demand Share Forecast, 2019-2026
11. Middle East & Africa Data Center Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Data Center Services Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Data Center Services Market Size and Volume Forecast by End Users
11.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Data Center Services Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Data Center Services Market: Market Share Analysis
12.2. Data Center Services Distributors and Customers
12.3. Data Center Services Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Hewlett Packard Enterprise Company
12.4.2. HCL Technologies Limited
12.4.3. Fujitsu Ltd
12.4.4. Capgemini SE
12.4.5. Cisco Systems Inc.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Center Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Data Center Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Data Center Services Market - Supply Chain
4.5. Global Data Center Services Market Forecast
4.5.1. Data Center Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Data Center Services Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Data Center Services Market Absolute $ Opportunity
5. Global Data Center Services Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Data Center Services Market Size and Volume Forecast by End Users
5.3.1. Healthcare Retail IT and Telecom Manufacturing BFSI
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Data Center Services Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Data Center Services Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Data Center Services Demand Share Forecast, 2019-2026
7. North America Data Center Services Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Data Center Services Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Data Center Services Market Size and Volume Forecast by End Users
7.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Data Center Services Demand Share Forecast, 2019-2026
8. Latin America Data Center Services Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Data Center Services Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Data Center Services Market Size and Volume Forecast by End Users
8.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Data Center Services Demand Share Forecast, 2019-2026
9. Europe Data Center Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Data Center Services Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Data Center Services Market Size and Volume Forecast by End Users
9.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Data Center Services Demand Share Forecast, 2019-2026
10. Asia Pacific Data Center Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Data Center Services Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Data Center Services Market Size and Volume Forecast by End Users
10.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Data Center Services Demand Share Forecast, 2019-2026
11. Middle East & Africa Data Center Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Data Center Services Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Data Center Services Market Size and Volume Forecast by End Users
11.4.1. Healthcare Retail IT and Telecom Manufacturing BFSI
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Data Center Services Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Data Center Services Market: Market Share Analysis
12.2. Data Center Services Distributors and Customers
12.3. Data Center Services Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Hewlett Packard Enterprise Company
12.4.2. HCL Technologies Limited
12.4.3. Fujitsu Ltd
12.4.4. Capgemini SE
12.4.5. Cisco Systems Inc.
Segments Covered in the Report
The data center services market has been segmented on the basis of
Services
The data center services market has been segmented on the basis of
Services
- Cloud and Hosting
- Infrastructure
- Virtualization
- Consulting
- Networks
- Tier 1
- Tier 2
- Tier 3
- Tier 4
- Healthcare
- Retail
- IT and Telecom
- Manufacturing
- BFSI
- Cloud
- On-premise
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East and Africa
- Hewlett Packard Enterprise Company
- HCL Technologies Limited
- Fujitsu Ltd
- Capgemini SE
- Cisco Systems Inc.
- Nokia Corporation
- Sify Technologies Limited
- Hitachi Ltd
- IBM Corporation
- Huawei Technologies Co. Ltd
- Schneider Electric SE
- NTT Communications
- Vertiv Group Corp.
Key players competing in the data center services market include Hewlett Packard Enterprise Company, HCL Technologies Limited, Fujitsu Ltd, Capgemini SE, Cisco Systems Inc., Nokia Corporation, Sify Technologies Limited, Hitachi Ltd, IBM Corporation, Huawei Technologies Co. Ltd, Schneider Electric SE, NTT Communications, and Vertiv Group Corp.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.
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