According to a new market research report "Data Center Solutions Market by Electrical Solution, Mechanical Solution, Service (Consulting, System Integration & Professional), Vertical, User Type, and by Region - Global Forecast to 2020", The data discovers that Data Center Solution is estimated to grow from USD 18.56 Billion in 2015 to USD 32.30 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.
Browse 64 market data tables and 41 figures spread through 169 pages and in-depth TOC on "Data Center Solution Market - Global Forecast to 2020"
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The market for data center construction is proliferating data center solution market. The end users are transforming from traditional practices in data centers and adopting energy efficient power and cooling solutions. The mechanical solutions market is expected to register a significant growth rate in the coming years as cooling solutions drives the performance of the electrical equipment and uptime of the system. Data center cooling solutions present potential opportunities for various vendors and operators in data center industry.
The global data center solutions market report quantifies the market for solutions that includes solution in data centers. Electrical solutions include power distribution and measurements, power backup, and cabling infrastructure. The power distribution and measurements market is expected to foresee the highest CAGR during the forecast period.
The advancement of technology has introduced intelligent Power distribution Units (iPDUs) and measuring solutions with numerous features, including alarms and diagnostics capabilities that help in managing critical power management. Mechanical solutions include air conditioning, chillers, economizers, cooling tower, server cooling, management system and others. The market is segmented on the basis of user types, such as mid-size data center, enterprise data center, and large data center. The services provided and considered are consulting, system integration, and professional services. Professional services show great opportunities and is projected to grow at a highest CAGR by 2020.
The report covers all the major aspects of the data center solutions market and provide an in-depth analysis across the regions of North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is expected to hold the largest market share in 2015, whereas APAC is projected to be at top with highest market share by 2020, due to the developing infrastructure and increasing number of data centers in this region.
Telecom and IT is expected to have the largest market share and would dominate the data center solutions market from 2015 to 2020. BFSI and Telecom & IT offers potential growth opportunities, as SMBs and large enterprises are turning towards building new data centers to defend against potential threats, such as advanced persistent threats and other zero-day vulnerabilities.
The major vendors providing data center solution and services are ABB, Eaton, Emerson Electric, HP, Rittal, Schneider Electric, Tripp Lite, Delta Electronic, Siemens AG, and Black Box Corporation.
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