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

Transparency Market

Research

Data Center Equipment Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date

2014-08-28

86 Page Report

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Press Release

Rise in Digital Data due to Increased Penetration of Electronic

Devices across Demographics to Drive Global Data Center

Equipment Market

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Data Center Equipment Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has published a new market study on the global data center

equipment market for the period from 2014 to 2020. The report, titled “Data Center Equipment Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, forecasts the market for

data center equipment to reach US$72.07 billion by 2020. TMR analysts state that the global data center

equipment market was worth US$32.15 billion in 2013 and will display a 12.9% CAGR between 2014 and

2020.Digitalization of data across various industry sectors has created unparalleled demand for data

storage and data backup facilities. This, along with factors such as the need for security of data and

improved efficiency, is driving demand for data centers.Investing in the IT infrastructure of an organization

is a key focus of business executives across several industries such as BFSI, healthcare,

telecommunications, and pharmaceuticals, among others. The data center sector has proven to be resilient

and dynamic, with growing demand for digitalization of data, mushrooming social media, and innovations

in cloud computing.

Browse the full Data Center Equipment Market report at

http://www.transparencymarketresearch.com/data-center-equipment-market.html

Increased use of cloud services, Big Data, and virtualization in the overall network ecosystem is driving

growth of the data center equipment...