Technavio has been monitoring the data center IT infrastructure market and it is poised to grow by USD 270.51 bn during 2020-2024, progressing at a CAGR of about 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Data Center IT Infrastructure Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
What are the major trends in the market?
Advancements to support AI, machine learning (ML) and deep learning (DL) technologies is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 17.31% and the incremental growth of the market is anticipated to be $ 270.51 bn.
Who are the top players in the market?
Cisco Systems Inc. , Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., Inspur Electronic Information Industry Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., and Vertiv Group Corp., are some of the major market participants.
What is the key market driver?
The technology refresh cycles is one of the major factors driving the market.
How big is the North America market?
The North America region will contribute 35% of the market share.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., Inspur Electronic Information Industry Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., and Vertiv Group Corp. are some of the major market participants. The technology refresh cycles will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Data center IT infrastructure market 2020-2024: Segmentation
Data center IT infrastructure market is segmented as below:
- Server Infrastructure
- Storage Infrastructure
- Software-defined Data Center
- Network Infrastructure
- North America
- South America
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Data center IT infrastructure market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The data center IT infrastructure market report covers the following areas:
- Data center IT infrastructure market Size
- Data center IT infrastructure market Trends
- Data center IT infrastructure market Industry Analysis
This study identifies advancements to support AI, machine learning (ML), and deep learning (DL) technologies as one of the prime reasons driving the data center IT infrastructure market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Data center IT infrastructure market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist data center IT infrastructure market growth during the next five years
- Estimation of the data center IT infrastructure market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the data center IT infrastructure market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of data center IT infrastructure market vendors
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Component
- Market segments
- Comparison by Component placement
- Server infrastructure – Market size and forecast 2019-2024
- Storage infrastructure – Market size and forecast 2019-2024
- Software-defined data center – Market size and forecast 2019-2024
- Network infrastructure – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Component
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher-priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Cisco Systems Inc.
- Dell Technologies Inc.
- Fujitsu Ltd.
- Hewlett Packard Enterprise Co.
- Huawei Investment & Holding Co. Ltd.
- Inspur Electronic Information Industry Co. Ltd.
- International Business Machines Corp.
- Lenovo Group Ltd.
- Microsoft Corp.
- Vertiv Group Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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