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Data Center Infrastructure (DCI) Market Trends

Report ID: GMI2580
Published Date: May 2024
Report Format: PDF

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Data Center Infrastructure Market Trends

The market is experiencing significant growth driven by new expansions and initiatives by leading companies. A key trend is the rise of the hyperscale data center, driven by increasing demand for cloud services and storage. Companies like Google, Amazon, and Microsoft are expanding their data center footprints globally to accommodate the growing amount of data and support emerging technologies like AI and IoT.

Another trend is the adoption of modular data center solutions, allowing rapid and scalable deployment. Additionally, there has been a growing emphasis on sustainable development, and companies are investing in renewable energy and energy-efficient technologies to reduce environmental impact. Furthermore, edge computing is gaining traction, and introducing edge data center developments to support ease of use and IoT devices indicates a dynamic and growing landscape in the data center infrastructure industry.

Citing an instance, in March 2024, Space World Group founder and chairman Ankit Goel announced plans to connect all data centers in seven major cities with optical fiber networks within a year. A subsidiary of the group, Constl, a fiber-based digital infrastructure provider, is planning to deploy a vast network of neutral point-to-point optical fiber connections in these data centers.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The data center infrastructure (DCI) market was valued at USD 62.5 billion in 2023 and will grow at over 12.5% CAGR between 2024 and 2032, driven by increasing government efforts to enable enhanced data centers.

The network equipment segment in the data center infrastructure (DCI) market was valued at over USD 23 billion in 2023 and will grow rapidly through 2032, as it forms the backbone of data center infrastructure for providing seamless data transfer and connectivity.

North America data center infrastructure market held over 40% share in 2023 and will expand rapidly through 2032, owing to region’s robust digital economy, with widespread adoption of cloud computing and big data analytics which necessitates advanced data center infrastructure.

ABB Ltd., Dell, Inc, Eaton Corporation, Hewlett-Packard Enterprise Company, Huawei Technologies Co., Ltd., IBM Corporation, Mitsubishi Electric Corporation, Panduit Corporation, Schneider Electric SE, and Vertiv Group Corp. among others.