The data center market is anticipated to show a lucrative growth at a CAGR of around 17% during the forecast period 2020-2026. The market is driven by a significant rise in big data and the increasing adoption of cloud-based services owing to its flexibility and cost-effectiveness. The companies are adopting colocation and cloud services to […]
Tag Archives: Global Data Center Market
Global Data Center Market is estimated to grow at a significant growth rate of 11.3% during the forecast period. The market growth is attributed to the rise in big data, increasing demand for various end-user verticals, and an increasing trend of outsourcing data centers across the globe. Data centers play an imperative role as most […]
Business
Global Data Center Market May Set New Growth Story: Apple Inc., BT Group PLC, Google LLC, Microsoft Corp.
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Strategically implemented and paired with skilled human oversight, technologies such as AI, big data, and IoT can produce a multitude of new efficiencies for data centers. As an estimate, around 30% of the data centers that fall short of adequately preparing for such technologies will no longer be economically or operationally feasible by 2020. In […]