Next Generation Data Center Market - Forecast (2024 - 2030)

Next Generation Data Center Market - Forecast (2024 - 2030)

Next Generation Data Center Market Size is forecast to reach $ 95090 Million by 2030, at a CAGR of 6.80% during forecast period 2024-2030.

The increasing business requirements for advanced processor technologies, complex data evaluation, and high storage demands are attributing to the growth of next generation data center architectures. Moreover, today?s business needs highly reliable applications, more servers in the data center and secondary data centers to survive in the competitive and agile environment. Next generation data centers supports the increasing need for highly reliable and the fastest changing business and IT landscape. Moreover, these data centers meet the increasing expectations for high speed, scalability and availability.?

The report classifies the next generation data center market with respect to components such as hardware, software, and services. In the next-generation data centers, software accounts for maximum share as most of the critical operational and management functions will be enabled in the software. This is estimated to dramatically impact the Information Technology (IT) sector. Moreover, this will increase efficiency and quality of services by reducing cost and risks. Next generation data centers are at high demand from the content providers to optimize their applications for better control on application flow and gain efficient utilization of the network. Moreover, next generation data centers offer open flexible platform to deliver software defined networking and network intelligence and analytics on massive scale and density. The introduction and growth of next generation data centers have given high impetus to the cloud and data center industry.?

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The report analyzes the key industry factors affecting the next generation data center market. The major market dynamic factors such as drivers, restraints, challenges and opportunities are analyzed in the report. The impact of these factors on the industry in next 5 years is also covered in the report. The report tracks the entire value chain of the market along with the suppliers and distributor analysis. Moreover, the industry attractiveness section in the offers the significance of the competitive rivalry in the market affected by the forces such as power of supplier, power of buyer, threat of new entrant and threat of substitution. The report provides precise and comprehensive insights on the market trends, industry trends, and macro & micro factors impacting the market growth.

The report also focuses the geographic markets, with special emphasis on North America, Europe, APAC, Latin America, and Middle-East and Africa. Developing countries like China, India, and Brazil have high growth rate for the next generation data center market in recent years and expected that the trend is going to continue through next 5 years. Apart from regional perspective the report also gives detailed insights on country level analysis of the market and identifies new opportunities in such countries. The leading suppliers, manufacturers, OEMs, ODMs, and end-users are identified and mapped in the report.

The competitiveness in the industry is measured on the basis of business development strategies adopted by the leading vendors of next generation data center market. The strategies adopted by the players are new product launches, mergers and acquisitions, partnerships, agreements, collaborations, and JVs.?

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Key Market Players:

The Top 5 companies in the Next Generation Data Center Market are:

  1. ?IBM
  2. ?Huawei
  3. ?Cisco
  4. ?HP
  5. ?Nxtgen

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