Data Center Solutions Market Size To Worth USD 81.13 Bn By 2032

The global data center solutions market size was estimated to be around US$ 21.6 billion in 2022. It is projected to reach US$ 81.13 billion by 2032, indicating a CAGR of 14.20% from 2023 to 2032.

Key Takeaways

• North America contributed more than 38% of revenue share in 2022.
• Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
• By electrical solution, the power distribution segment has held the largest market share of 48% in 2022.
• By electrical solution, the power backup segment is anticipated to grow at a remarkable CAGR of 12.8% between 2023 and 2032.
• By mechanical solution, the air conditioning segment generated over 43% of revenue share in 2022.
• By mechanical solution, the management system segment is expected to expand at the fastest CAGR over the projected period.
• By user type, the enterprise data center segment had the largest market share of 52% in 2022.
• By user type, the mid-size data center segment is expected to expand at the fastest CAGR over the projected period.
• By vertical, the BFSI segment generated over 33% of revenue share in 2022.
• By vertical, the telecom and IT segment is expected to expand at the fastest CAGR over the projected period.

Overview

In recent years, the demand for robust and scalable data center solutions has surged as organizations seek to manage and process the escalating volumes of data generated in the digital age. Data center solutions encompass a broad range of technologies and services, including servers, storage systems, networking equipment, and software. These components work in tandem to create a centralized infrastructure capable of handling complex computing tasks and ensuring the seamless flow of information.

Growth Factor

The primary growth factor driving the expansion of the data center solutions market is the exponential growth of data and the increasing reliance on cloud computing. As businesses embrace digitalization and cloud-based services, the need for efficient and high-performance data centers becomes paramount. Additionally, emerging technologies such as edge computing, artificial intelligence, and the Internet of Things contribute to the market’s growth, demanding innovative solutions to accommodate diverse and demanding workloads.

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Data Center Solutions Market Scope

Read More: Connector Market Size To Rise USD 176.13 Billion By 2032

Region Snapshot

The data center solutions market exhibits a global presence, with significant growth observed across various regions. North America, with its advanced IT infrastructure and early adoption of cloud technologies, stands as a key player in the market. Meanwhile, the Asia-Pacific region is experiencing substantial growth, driven by the rapid digitalization of economies and the increasing demand for data storage and processing capabilities.

Europe also plays a crucial role, with businesses focusing on data security and compliance, contributing to the overall expansion of the market.

Recent Developments

• In 2022, Intel and Google Cloud have unveiled the E2000 chip, known as Mount Evans, designed to enhance data center security and efficiency. This chip takes on data packaging tasks, reducing the workload on expensive central processing units (CPUs) and boosting security for cloud customers sharing CPUs.
• In 2022, Oracle Cloud Infrastructure (OCI) expanded its distributed cloud services with specialized regions and introduced Compute Cloud@Customer. OCI Dedicated Regions offer the entire public cloud to a broader customer base, featuring a smaller, more cost-efficient infrastructure that consumes 60-75% less data center space and electricity. Customers typically pay around USD 1 million annually.
• In 2022, Euronext Technology Solutions introduced Euronext Proximity Service, a premium hosting and cloud solution hosted in the Aruba IT3 data center, enhancing their technology offerings for businesses seeking high-quality hosting and cloud services.

Reasons to Purchase this Report:

• Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
• In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
• Market size in USD million and volume in million units provided for each segment and sub-segment.
• Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
• Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Data Center Solutions Market Players

• Dell Technologies, Inc.
• Hewlett Packard Enterprise Company (HPE)
• Cisco Systems, Inc.
• IBM Corporation
• Schneider Electric SE
• Equinix, Inc.
• Huawei Technologies Co., Ltd.
• Lenovo Group Limited
• Oracle Corporation
• Fujitsu Limited
• NTT Ltd.
• Siemens AG
• Rittal GmbH & Co. KG
• Vertiv Co.
• Johnson Controls International plc

Market Segmentations

By Electrical Solution

• Power Distribution
• Power Backup
• Cabin Infrastructure

By Mechanical Solution

• Air Conditioning
• Chillers
• Cooling Towers
• Management System
• Others

By User Type

• Mid-Size Data Center
• Enterprise Data Center
• Large Data Center

By Vertical

• BFSI
• Telecom and IT
• Energy
• Healthcare
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Data Center Solutions Market 

5.1. COVID-19 Landscape: Data Center Solutions Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Data Center Solutions Market, By Electrical Solution

8.1. Data Center Solutions Market, by Electrical Solution, 2023-2032

8.1.1. Power Distribution

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Power Backup

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Cabin Infrastructure

8.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Data Center Solutions Market, By Mechanical Solution

9.1. Data Center Solutions Market, by Mechanical Solution, 2023-2032

9.1.1. Air Conditioning

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Chillers

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Cooling Towers

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Management System

9.1.4.1. Market Revenue and Forecast (2020-2032)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Data Center Solutions Market, By User Type 

10.1. Data Center Solutions Market, by User Type, 2023-2032

10.1.1. Mid-Size Data Center

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Enterprise Data Center

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Large Data Center

10.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Data Center Solutions Market, By Vertical 

11.1. Data Center Solutions Market, by Vertical, 2023-2032

11.1.1. BFSI

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Telecom and IT

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Energy

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. Healthcare

11.1.4.1. Market Revenue and Forecast (2020-2032)

11.1.5. Others

11.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Data Center Solutions Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.1.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.1.3. Market Revenue and Forecast, by User Type (2020-2032)

12.1.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.1.5.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.1.5.3. Market Revenue and Forecast, by User Type (2020-2032)

12.1.5.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.1.6.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.1.6.3. Market Revenue and Forecast, by User Type (2020-2032)

12.1.6.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.2.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.2.3. Market Revenue and Forecast, by User Type (2020-2032)

12.2.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.2.5.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.2.5.3. Market Revenue and Forecast, by User Type (2020-2032)

12.2.5.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.2.6.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.2.6.3. Market Revenue and Forecast, by User Type (2020-2032)

12.2.6.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.2.7.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.2.7.3. Market Revenue and Forecast, by User Type (2020-2032)

12.2.7.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.2.8.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.2.8.3. Market Revenue and Forecast, by User Type (2020-2032)

12.2.8.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.3.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.3.3. Market Revenue and Forecast, by User Type (2020-2032)

12.3.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.3.5.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.3.5.3. Market Revenue and Forecast, by User Type (2020-2032)

12.3.5.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.3.6.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.3.6.3. Market Revenue and Forecast, by User Type (2020-2032)

12.3.6.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.3.7.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.3.7.3. Market Revenue and Forecast, by User Type (2020-2032)

12.3.7.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.3.8.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.3.8.3. Market Revenue and Forecast, by User Type (2020-2032)

12.3.8.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.4.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.4.3. Market Revenue and Forecast, by User Type (2020-2032)

12.4.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.4.5.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.4.5.3. Market Revenue and Forecast, by User Type (2020-2032)

12.4.5.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.4.6.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.4.6.3. Market Revenue and Forecast, by User Type (2020-2032)

12.4.6.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.4.7.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.4.7.3. Market Revenue and Forecast, by User Type (2020-2032)

12.4.7.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.4.8.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.4.8.3. Market Revenue and Forecast, by User Type (2020-2032)

12.4.8.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.5.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.5.3. Market Revenue and Forecast, by User Type (2020-2032)

12.5.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.5.5.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.5.5.3. Market Revenue and Forecast, by User Type (2020-2032)

12.5.5.4. Market Revenue and Forecast, by Vertical (2020-2032)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Electrical Solution (2020-2032)

12.5.6.2. Market Revenue and Forecast, by Mechanical Solution (2020-2032)

12.5.6.3. Market Revenue and Forecast, by User Type (2020-2032)

12.5.6.4. Market Revenue and Forecast, by Vertical (2020-2032)

Chapter 13. Company Profiles

13.1. Dell Technologies, Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Hewlett Packard Enterprise Company (HPE)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Cisco Systems, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. IBM Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Schneider Electric SE

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Equinix, Inc.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Huawei Technologies Co., Ltd.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Lenovo Group Limited

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Oracle Corporation

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Fujitsu Limited

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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