Market Scope & Overview
The SNS Insider report indicates that the data centre support infrastructure market reached a value of USD 52.48 Bn in 2022, and it is projected to attain USD 120.43 Bn by 2030, exhibiting a CAGR of 10.94% during the forecast period from 2023 to 2030.
Data center support infrastructure refers to the critical systems and facilities necessary for the proper functioning and efficient operation of a data center. It includes a wide range of components and services that work together to ensure the continuous availability, reliability, and security of the data center environment.
Market Analysis
Data breaches and cyber threats have become significant concerns for organizations storing sensitive information in data centres. As a result, data centre support infrastructure providers will need to bolster security measures. Implementing robust physical security, multi-factor authentication, and encryption protocols will become imperative to gain customer trust and comply with stringent data protection regulations. Enterprises are increasingly adopting hybrid and multi-cloud strategies to optimize performance and resilience. Data centre support infrastructure providers will need to accommodate these diverse environments, offering seamless integration between on-premises data centres and various cloud service providers. All these factors to foster data centre support infrastructure market growth.
Impact of Recession
Economic recessions pose significant challenges for the data centre support infrastructure market, impacting capital investment, market consolidation, and customer demands. However, opportunities also emerge in the form of increased focus on efficiency, growing demand for cloud services, and government initiatives. To navigate these uncertainties successfully, support infrastructure providers must adapt their strategies, innovate their offerings, and collaborate with key stakeholders to meet the evolving needs of the data centre industry during recessionary periods.
Segmentation Analysis
As the digital era continues to reshape industries across the globe, data centres and their support infrastructure remain integral to the success of modern businesses. The Software Segment, fueled by cloud-based technologies and emerging AI applications, and the BFSI Segment, driven by fintech innovations and increasing cyber threats, are poised to dominate the data centre support infrastructure market.
Regional Status & Analysis
The data centre support infrastructure market is an essential component of the modern digital ecosystem, and North America’s commanding position in this sector is a result of its relentless pursuit of technological advancements, concentration of data centres, favorable regulations, commitment to sustainability, and strategic partnerships. As the region continues to lead in innovation and service excellence, its dominance is likely to persist, creating new opportunities for growth, investment, and transformation in the data centre support infrastructure landscape.
The market is on the cusp of significant growth and transformation. The increasing demand for cloud services, the emergence of edge computing, and the necessity for sustainable solutions are driving innovation and reshaping the industry. AI, automation, and enhanced security measures will further enhance data centre efficiency and resilience.
Frequently Asked Questions/ Key Reasons to Purchase this Report
Q1. What is the projected outlook for data centre support infrastructure market growth?
Ans: The market for data center support infrastructure is projected to surpass USD 120.43 billion by the year 2030.
Q2. What are the major factors influencing the data centre support infrastructure market?
Ans: With the rise of IoT devices and real-time applications, data centres need to be closer to the end-users and data sources to reduce latency and bandwidth consumption.
Q3. Who are the leading players in the data centre support infrastructure market?
Ans: Hewlett Packard Enterprise Co., Lenovo Group Ltd., Dell Technologies Inc., Fujistu Ltd., Microsoft Corp., Vertive Group Corp., Huawei Investment & holding co ltd.