Data Center Equipment Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020
86 Page Report
Rise in Digital Data due to Increased Penetration of Electronic
Devices across Demographics to Drive Global Data Center
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Data Center Equipment Market
Transparency Market Research (TMR) has published a new market study on the global data center
equipment market for the period from 2014 to 2020. The report, titled “Data Center Equipment Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, forecasts the market for
data center equipment to reach US$72.07 billion by 2020. TMR analysts state that the global data center
equipment market was worth US$32.15 billion in 2013 and will display a 12.9% CAGR between 2014 and
2020.Digitalization of data across various industry sectors has created unparalleled demand for data
storage and data backup facilities. This, along with factors such as the need for security of data and
improved efficiency, is driving demand for data centers.Investing in the IT infrastructure of an organization
is a key focus of business executives across several industries such as BFSI, healthcare,
telecommunications, and pharmaceuticals, among others. The data center sector has proven to be resilient
and dynamic, with growing demand for digitalization of data, mushrooming social media, and innovations
in cloud computing.
Browse the full Data Center Equipment Market report at
Increased use of cloud services, Big Data, and virtualization in the overall network ecosystem is...