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Data Center Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

Data centers are virtual or physical infrastructure used by different business enterprises to accommodate their server & computing.
kishor kanade | 29.06.2017
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Data centers are virtual or physical infrastructure used by different business enterprises to accommodate their server, computing and networking components and systems. It is a centralized repository used to store and manage mission critical data of several business operations. The need for larger data storage capacities, better efficiency and high data security is driving the data center equipment market worldwide. In terms of revenue, the market for data center equipment was valued at USD 32.15 billion in 2013.
Introduction of new photovoltaic technologies and improvements in existing photovoltaic (PV) solar panels is expected to improve the efficiency offered by data center equipment in future.

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Different types of equipment used in the data center include servers, power distribution systems, and network equipment among others. In 2013, servers dominated the data center equipment market followed by networking equipments. High demand for servers is due to surge in demand across organizations which face need for centralized data storage for smooth and efficient operations. Data center equipments are used by organizations across different industry verticals, such as banking and finance services and insurance (BFSI), telecommunications, manufacturing, retail, enterprises, and government among others. Global data center equipment market in 2013 was dominated by telecommunications segment, which accounted for 24.9% revenue share. Telecommunication sector generates massive amount of data in the form of call records, huge customer database, and sales among others. Hence, telecommunication industry needs efficient data center equipments in order to manage and process this tremendous amount of information.

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Geographically, North America is expected to remain the largest market for data center equipments. Market growth in this region is driven by advancement in telecommunication sector and wide adoption of cloud services. Some of the major players in this market include Emulex Corp., Digi International Inc., Cisco System Inc., F5 Networks Inc., NEC Corp., Brocade Communication System Inc., Schneider Electric SA, Meru Networks, Alcatel-Lucent, and Hewlett Packard Co. among others.

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