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Data Center Outsourcing and Infrastructure Utility Services Market 2020 -2023: Key Findings, Regional Analysis, Industry Growth and Future Prospects

Data Center Outsourcing & Infrastructure Utility Services Market – Overview:

The trending data center outsourcing & infrastructure utility services industry is opening skies for the high level of computing and network infrastructure that are useful for operating Internet of Things (IoT) software. Market Research Future (MRFR) has published a research report about the global data center outsourcing & infrastructure utility services market that augurs massive augmentation for this market with 13% CAGR (Compound Annual Growth Rate) for this market between 2017 and 2023. In terms of cash, this market is expected to be worth the US $ 10 bn by 2023.

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The key market drivers for data center outsourcing & infrastructure utility services include disaster management solutions, increasing focus towards energy issues, infrastructure-as-a-service (IaaS), infrastructure utility service, and sustainable infrastructure solutions.

Technological advancements have played a major role in the development of data center outsourcing & infrastructure utility services market. Steep increase in demand for disaster management solutions and sustainable infrastructure solutions are major factors driving the growth of data center outsourcing & infrastructure utility services market. Also, increasing focus towards energy issues and growing demand for green data center solutions is further responsible for aiding the growth of data center outsourcing & infrastructure utility services market. However, the major factor of security concern in the outsourcing of services is the sharing of information across open spaces and third-party forums. Hence, secure encryption of data tends to be a significant factor, boosting the growth of data center outsourcing & infrastructure utility services market

Data Center Outsourcing And Infrastructure Utility Services Global Market – Key Players:

The prominent players in the data center outsourcing & infrastructure utility services market are – Atos (France), Accenture Plc (Ireland), Capgemini SE (France), Cognizant (U.S.), Fujitsu Ltd (Japan), HCL Technologies Limited (India), IBM (U.S.), Infosys Limited (India), Tata Consultancy Services Limited (India), Tech Mahindra Limited (India) and others.

Data Center Outsourcing And Infrastructure Utility Services Global Market – Segments:

Data center outsourcing & infrastructure utility services market is segmented on the basis of components, organization size and vertical.

Data Center Outsourcing & Infrastructure Utility Services Market by Components:

Hardware

Software

Services

– Professional Service
– Support and Maintenance

Data Center Outsourcing And Infrastructure Utility Services Market by Servers:

Rack Servers

Virtual Servers

Hybrid Servers

Data Center Outsourcing And Infrastructure Utility Services Market by Organization Size:

Small and Medium Size Organization

Large Organization

Data Center Outsourcing And Infrastructure Utility Services Market by Vertical:

BFSI

Healthcare

IT & Telecommunication

Government

Travels & Logistics

Others

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Data Center Outsourcing And Infrastructure Utility Services Global Market   – Regional Analysis

North America is the biggest regional market due to the availability of advanced technology, better network infrastructure, digitization, and higher technology implementation, the presence of major key market players in this region, rapid digitization, and growing economic benefits of digitization. In North America, data center outsourcing & infrastructure utility services are very useful in the education sector, healthcare, Information Technology (IT) & telecommunication. The increasing cyber-attacks, the need for data security, and strict compliance regulation are driving the market in the region.  In North America, the most important country-specific markets are the United States of America (USA), and Canada.

Europe is another prominent regional market because it has well-established network infrastructure which is second only to North America. The essential country-specific markets in this region are France, Germany, and the United Kingdom (UK), followed by the rest of Europe.

As per the report, the Asia Pacific region is expected to grow during the forecast period. In this region, factors driving the market growth include the higher adoption of data center outsourcing & infrastructure utility services by small & medium enterprises in this region, rising IT landscape and growing demand for data center services. High market revenue in this region is generated by China, India, Japan, and South Korea. Data center outsourcing & infrastructure utility services market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 owing to growing population and increased urbanization in China, Japan, and India in the region. Whereas, the Europe market for data center outsourcing & infrastructure utility services is expected to grow at a considerable CAGR (2017-2023).

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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