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Internal Data Centers Market to Expand at a Healthy CAGR of 14.3% through 2032

Data Center Market

According to Fact.MR, the global sales of big data are predicted to cross US$ 279 billion in the projection year 2022-2032, with a CAGR of 14.3%. Governments around the world, including China, India, the United States, the United Kingdom, and others, are expanding digital infrastructure investments in order to build more reliable data centres.

Public-private partnerships are accelerating the growth of digital infrastructure. For example, the United Kingdom’s government promised more than $1 billion in funding for digital infrastructure development in order to become a digital centre. Because of their high-end data storage and security capabilities, data centres are widely used in the IT and telecom and BFSI industries. Over the next ten years, the global data centre market is expected to rise 3.6 times.

Key Segments Covered

  • By Type :

    • New Data Centers
      • Internal Data Centers
      • Service Provider Data Centers
    • Data Center Rebuild
  • By Application :

    • Data Centers for IT & Telecom
    • Data Centers for BFSI
    • Data Centers for Governments
    • Data Centers for Healthcare
    • Others
  • By Consulting :

    • Network Design
    • Network Design & Planning
    • Security Consulting
    • Network Analysis
    • Benchmarking
    • Needs Assessment
    • Operation Assessment
    • Process Improvement
  • By Integration :

    • Project Management
    • Installation
    • Test & Debug
    • Custom Software Development
    • Security Implementation
    • Change Management
    • System Configuration
    • Training & Site Preparation

Competitive Environment
Major corporations have extensive customer networks all around the world. Market leaders are IT behemoths with enormous finances, allowing them to invest extensively in research and development. Furthermore, these firms provide a wide range of services that are tailored to the needs of individual customers.

Market actors use agreements and contracts, collaborations, and new product creation as growth tactics to maintain their market position.

Qualcomm Technologies, Inc. released Cloud AI 100, an AI-based processor family, in 2019. The ASIC series is available in a number of thermal designs and form factors to suit a variety of applications. This newly released chip has been enhanced with improved AI functions to improve device performance.

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