The mega data center market is expected to witness high growth due to increased amount of data consumption across organizations and the rising demand for efficient data storage. Increasing business needs have spurred the demand for high capacity data storage mechanisms. Companies such as Google, Microsoft, Facebook, Amazon, etc. have significant data storage requirements and prefer to adopt gigantic mega data centers to accommodate their storage needs.
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The mega data centers market is driven by the proliferation of cloud computing, viability of co-location services, need for data center consolidation, and cost benefit of operation. However, high probability of error multiplication, local government disapproval, high investment and scaling cost, high-bandwidth network are expected to restrain market growth. Availability of co-location service providers and new infrastructure solutions are expected to serve as key opportunities for the mega data center market growth.
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Mega data center solutions include infrastructure solutions such as servers, storage and networking devices, supporting infrastructure solutions include power, security, cooling and software. Services offered by mega data center include system integration, professional services and monitoring services. End-users include enterprises, cloud service providers and co-location providers. Mega data centers are used across several applications such as Banking, Financial Services and Insurance (BFSI), public, government, telecom & IT industries, media & entertainment.
North America is expected to emerge as a key contributor due to the presence of a myriad of e-commerce players in...