Datacenter Deployment Spending Market is estimated to be worth US$47,897.3 mn by 2022
A fresh intelligence study by Transparency Market Research (TMR) notified that the global datacenter deployment spending market has vast opportunities owing to the emergence of cloud computing and the competitive landscape is experiencing an influx of new entrants, who are eating into the shares of market leaders. Some of the prominent companies currently operating in the global datacenter deployment spending market are: Google Inc., AT&T, NTT Communication Corporation, Equinix, Microsoft, IBM, HP Company, Cisco Systems, and Digital Reality.
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If the estimations of the TMR report are to be believed, the demand in the global datacenter deployment spending market will expand at an impressive CAGR of 13.5% during the forecast period of 2017 to 2022. Revenue-wise, this market contained opportunities worth of US$44,346.7 mn in 2017, which will nearly double-up by 2022, when the valuation is projected to reach US$83,650.5 mn. The report observes that most of the key players are staying ahead of the curve by expanding their customer base, focusing on digital data, and serving the growing need for high computation power. In the near future, the companies who have effective and efficient data center for their businesses will be able to sustain themselves in this highly competitive environment, while the new enterprises will construct data center facilities of their own rather than depending on managed infrastructure solutions.
Based on end-buyers, the global datacenter deployment spending market gains maximum demand for the segment of service provider, which accounted for 52.6% of the overall demand in 2017 and is estimated to constitute 57.3% of the total demand by 2022. In terms of revenue, service provider segment of datacenter deployment spending market is estimated to be worth US$47,897.3 mn by 2022. Region-wise, the report picks out North America are most lucrative region, which is anticipated to serve a demand worth of US$29,389.7 mn by 2022.
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