Data Center Support Infrastructure Market – Global Industry Analysis and Forecast (2023 to 2029)

Data Center Support Infrastructure Market was valued at US$ 52.34 Bn. in 2022. The Data Center Support Infrastructure Market size is estimated to grow at a CAGR of 11.6% over the forecast period.
Data Center Support Infrastructure Market Overview:
The report explores the Data Center Support Infrastructure market's segments (Solution, Component, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2022. The report investigates the Data Center Support Infrastructure market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Data Center Support Infrastructure market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Data Center Support Infrastructure Market Dynamics:
The exponential growth in demand for data storage facilities is forcing businesses to either build new data centers or increase the capacity of existing ones. Businesses across all major industry verticals are experiencing high data traffic, which is driving a high demand for infrastructure to store this data. Cloud computing and virtualization are also contributing to the increase in demand for data center support infrastructure. A data center support infrastructure is a digitalized infrastructure that promotes data consumption and sharing. A data center support infrastructure can be described as an essential functional system that helps store and process data. It was designed to meet the demands of a data economy. Security, cooling, power, monitoring, and measurement systems are all part of the data center support infrastructure. These systems are essential to maintaining the core operations of a data center such as data storage and processing. Cooling can be accomplished using various equipment such as air conditioners, chillers, economizers, and cooling towers.

A major driver of this market is the growing demand for data centers, owing to the need for reliable and efficient processing of stored data. In addition, there is an increasing demand for high-density and efficient data centers in various business organizations. With the need to expand data center capacity, enterprises are looking for ways to reduce the costs associated with power and cooling. The market is also expected to grow because of the increasing focus on eco-friendly and cost-effective power and cooling solutions due to government and environmental regulations. Further, the worldwide increase in IT spending as major companies invest in obtaining more effective solutions is contributing to the market's growth.

The development of cooling technologies and the use of renewable sources of power in data centers are two major challenges to the growth of the data center support infrastructure market. Data center support infrastructures require high capital investments, which are expected to restrain the market growth during the forecast period. The challenge of providing compatible infrastructure solutions for efficient functioning is another challenge for market players. Therefore, the above factors are expected to negatively affect the market during the forecast period.

With the rapid spread of COVID-19, firms are accessing data from remote locations through secured cloud servers installed at data centers. Many firms are distributing their computational resources across a variety of environments, including cloud servers, physical tools, and edge data centers. Cloud-based DCIM software server installations in data centers have become more popular than the on-premise or physical deployment of software servers due to large-scale acceptance of software as a service solution, thereby creating new growth opportunities for the data center infrastructure management (DCIM) market.

Impact of COVID-19 on Data Center Support Infrastructure Market:

COVID-19 had a mild effect on the market. Several government agencies imposed strict lockdown measures and travel restrictions to reduce the spread of the virus. COVID-19 increased the use of online services for entertainment and shopping. This led to an increase in the use of digital payment services, such as net banking and mobile wallets, which in turn encouraged companies to upgrade their back-end systems. The growing reliance on online mediums will drive the need for high-density data centers with advanced hardware and software solutions.

Based on Component, the Data Center Support Infrastructure Market is segmented into Hardware, Software, and Services. The Hardware segment has the highest market share in 2022. In addition to analyzing data locally and remotely, AI also includes algorithm training at cloud campuses and smartphone interference engines. Increasingly, organizations are looking for faster, more energy-efficient computing hardware to handle large volumes of data.

Based on Application: the Data Center Support Infrastructure Market are segmented into BFSI, Energy, Government, Healthcare, Manufacturing, IT & Telecom, and Others. IT & Telecom segment has the highest market share n 2022. Several countries exhibiting strong telecom activity over the expected timeframe include Taiwan, South Korea, Spain, India, China, Japan, Estonia, the United Kingdom, Germany, France, and Canada. Also, the launching of 5G and 6G networks in the future for improving internet speed & bandwidth will lead to a need for increasing numbers of data centers with enlarged storage capacities for firms around the world. Data center infrastructure management solutions will eventually be more widely adopted in the telecom business. Additionally, a strong network infrastructure has encouraged individuals to use online services, which has contributed significantly to market demand.
Data Center Support Infrastructure Market Regional Insights:
The North America region has the highest market share in 2022. The Data Center Support Infrastructure industry in North America is likely to expand in demand due to the large number of data centers that are located throughout the continent. The United States and Canada are the two most significant countries in the DCIM market in North America. Vertiv, Nlyte Software, Panduit, and Sunbird Software are the major vendors in North America. The presence of existing data centers and vendors in the region will likely drive the market expansion, owing to the high adoption rate of data center network management solutions. The advent of the cloud computing platform has led to an increase in data centers, and investments to build new hyper-scale data centers are driving demand over the forecast period.

Asia Pacific data centers support infrastructure market is witnessing the highest growth rate of 13.3% from 2022 to 2029. In addition to the growing number of SMEs in the region, the availability of commercial digital solutions and the growing internet penetration has stimulated the growth of data centers. The proliferation and adoption of technologies such as cloud, IoT, and AI in the region are supporting the data center industry. Manufacturing firms are integrating machine learning and IoT technologies into their systems, resulting in increased data production. Data centers will be increasingly complex, resulting in a rise in networking and power solutions installation during the forecast period.

The objective of the report is to present a comprehensive analysis of the global Data Center Support Infrastructure Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Data Center Support Infrastructure Market dynamic, and structure by analyzing the market segments and projecting the Data Center Support Infrastructure Market size. Clear representation of competitive analysis of key players by Design, price, financial position, Solution portfolio, growth strategies, and regional presence in the Data Center Support Infrastructure Market make the report investor’s guide.
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Data Center Support Infrastructure Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 52.34 Bn.


Forecast Period 2023 to 2029 CAGR:
11.6%
Market Size in 2029:
US$ 112.84 Bn.


 Segments Covered:
by Solution
Cooling
Power
UPS
IT Racks & Enclosures
LV/MV Distribution
Networking Equipment
DCIM


by Component
Hardware
Software
Services


by Application
BFSI
Energy
Government
Healthcare
Manufacturing
IT & Telecom
Others



Data Center Support Infrastructure Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Data Center Support Infrastructure Market Key Players are:
1. ABB
2. Eaton
3. Emerson Network Power
4. HP
5. Schneider Electric
6. Intel, Siemens
7. McAfee
8. Hitachi
9. Raritan
10.Rittal
11.IBM Corporation
12.Sunbrid Software
13.UnityOneCloud
14.Delta Electronics
15.Vertiv Group Corp

Frequently Asked Questions:

1. What is the study period of the market?
Ans. The Global Data Center Support Infrastructure Market is studied from 2022-2029.

2. What is the growth rate of Data Center Support Infrastructure Market?
Ans. The Global Data Center Support Infrastructure Market is growing at a CAGR of 11.6% over next 6 years.

3. Which region has largest share in The Global Data Center Support Infrastructure Market?
Ans. North America holds the largest share.

4. What is the Global Data Center Support Infrastructure Market segment based on Application?
Ans. Based on Application, The Global Data Center Support Infrastructure Market is divided into BFSI, Energy, Government, Healthcare, Manufacturing, IT & Telecom, and Others.

5. Who are the key players in the Global Data Center Support Infrastructure Market?
Ans. The key players in the Global Data Center Support Infrastructure Market are ABB, Eaton, Emerson Network Power, HP, Schneider Electric, Intel, Siemens, McAfee, Hitachi, Raritan, IBM Corporation, Sunbrid Software, UnityOneCloud, Delta Electronics, Vertiv Group Corp, and Rittal.