5 Major Insights On The Data Center Market 2024

February 28, 2024 by The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Data Center Global Market Report 2024, the data center market is expected to show significant growth in the forecast period.

Exploring the Dynamics Shaping the Data Center Generator Industry

Data Center Market Expansion Fueled By Soaring Data Volumes

Surge in data volumes propels data center market growth.
Organizations grapple with processing and storing large quantities of information.
Firebolt Analytics Inc. report reveals doubling of data volumes from 2021 to 2023.
Major players include Caterpillar Inc., Cummins Inc., ABB Ltd., and more.

Technological Advancements And Mobile Data Centers With Enhanced Power Capabilities

Technological advancements drive innovation in the data center market.
Verakaria introduces a Mobile Datacenter with superior power capabilities and minimalist design.
Features include support for up to 2.57 MW of power within a compact footprint.
Emphasis on handling increased power demands efficiently.

AtlasEdge Acquired A Data Center In Leeds: Strengthening Market Presence

AtlasEdge’s acquisition of a Leeds data center expands its UK coverage.
Hardy Fisher Services, a UK-based cloud technology provider, sold the data center.
Move aimed at bolstering AtlasEdge’s market position and service portfolio.

Market Segmentation and Growth Prospects

By Type: Colocation, Hyperscale, Edge, Other Types.
By Component: Solution, Services.
By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs).
By End User: BFSI, IT And Telecom, Government, Energy And Utilities, Other End Users.

North America Leads Data Center Market in 2023

North America emerges as the largest region in the data center market in 2023.
Strong presence driven by technological innovation and infrastructure development.
Continual investment in data center infrastructure supports market dominance.

Forecast Insights and Emerging Trends

Data center generator market poised for significant growth.
Forecast projects market size to reach $8.31 billion by 2028 at a CAGR of 6.1%.
Increased data consumption, focus on business continuity, and renewable energy integration drive growth.
Major trends include reliability and durability focus, fuel efficiency technologies, rapid deployment solutions.

View More On The Data Center Market Report 2024 – https://www.thebusinessresearchcompany.com/report/data-center-global-market-report

Request A Sample Of The Global Data Center Market Report 2024:

https://www.thebusinessresearchcompany.com/sample_request?id=8494&type=smp

The Data Center Global Market Report 2024 provides an in-depth analysis on the data center market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the data center market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Data Center Generator Global Market Report 2024

Edge Data Center Global Market Report 2024

Modular Data Center Global Market Report 2024

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