Some of the major data centre services market participants are Huawei, IBM, Telefonica SA, Cisco, Fujitsu, HCL and Hewlett Packard Enterprise Company.
Global Market Insights, Inc. has recently added a new report on the data centre services market which estimates the market valuation for data centre services will cross US$ 25 billion by 2027. The rise in the number of data centre establishments globally will surge the demand for efficient services that ensure optimum asset management.
Expansive networking equipment in data centres requires effective maintenance and support services to reduce system downtime. Lack of proper timely maintenance damages the data centre hardware, resulting in huge financial losses. Datacentre maintenance & support services deliver a complete range of planned preventative maintenance, energy optimization, and technical support services including remote monitoring. Prominent players operating in the data centre services market are focusing on offering high-end services to gain a higher share in the market. For instance, Data Centre Resources (DCR) provides data centre design and installation services, helping businesses complete critical projects in a professional and timely manner.
The rise in the number of SMEs globally has resulted in the increasing demand for small data centres that cater to the customised requirements of small businesses. These enterprises do not require large data centre spaces due to limited IT requirements and budgetary constraints. Small data centre authorities demand customized installation services that enable the data centre establishment in minimum space due to space constraints. There is also a high demand for integration services that enable to seamlessly integrate new tools and components into existing infrastructures.
The data centre services market in the MEA will witness growth during the forecast timeframe due to the rise in the number of data centre construction projects in the region. The government organizations in several countries including the UAE and Saudi Arabia are encouraging the adoption of digital technologies for economic growth. This has encouraged data centre operators to expand their presence in the region. For instance, in December 2020, Du, a UAE-based telecom company, announced plans to launch two data centres in the country in the first quarter of 2021. Datacentre infrastructure development projects will spur the demand for advanced services, ensuring optimum data centre functioning and deployment.
Some major findings of the data centre services market report are:
- Growing penetration of digital services across several industry verticals has resulted in the increased demand for data centres for storage, computing, and network management. This, in turn, will drive the demand for data centre services.
- The growing trend of data centre colocation services in Europe and Asia Pacific will boost the industry growth. Colocation providers focus on employing advanced technologies to ensure customer satisfaction.
- Increasing consumption of digital services, such as video-on-demand and video conferencing, during the COVID-19 pandemic has stressed the existing data centre capacities, driving the demand for efficient services that optimize IT infrastructures.
- Large data centre operators employ sophisticated services that enable them to efficiently manage the complexity of extensive infrastructures.
An increase in the number of SMEs will spur the demand for advanced data centre infrastructures, in turn, propelling the adoption of high-quality services. These services enable to optimize existing assets while also integrating new components seamlessly.
Consulting services that offer customized business solutions as per specific requirements will witness strong growth with the increasing adoption of cloud-based services. The growing demand for cloud computing across several countries in Asia Pacific will boost the construction of new cloud data centres, in turn, fuelling the demand for robust services.
Expanding manufacturing, IT & telecom, and colocation industries globally will also offer growth opportunities to the data centre services industry. As these industries use modern technologies, such as AI and cloud, large amounts of accumulated data will fuel the adoption of high-quality data centre services.
Tags: Datacentre
