Datacenter Deployment Spending Market to Witness Massive Growth by 2028 | Microsoft Azure, Google Cloud, IBM Cloud
Vishwanath Kalkundrikar
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According to HTF MI, "Global Datacenter Deployment Spending Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2029". The Global Datacenter Deployment Spending Market is anticipated to grow at a compound annual growth rate (CAGR) of 12.5% from 2023 to 2028, reaching USD 53.1 Billion in 2023 and USD 104.3 Billion by 2028.
Datacenter Deployment Spending refers to the expenditures made by organizations to establish, expand, or upgrade datacenter facilities. A datacenter is a centralized facility used to house computer systems and associated components, such as servers, storage systems, networking equipment, and other hardware, along with the necessary infrastructure for power, cooling, and security.
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Key and developing players who have been highlighted as part of the coverage include Amazon Web Services (United States), Microsoft Azure (United States), Google Cloud (United States), IBM Cloud (United States), Oracle Cloud (United States), Alibaba Cloud (China), Tencent Cloud (China), Digital Realty Trust (United States), Equinix (United States), NTT Communications (Japan), Hewlett Packard Enterprise (United States), Cisco Systems (United States), Dell Technologies (United States), Intel Corporation (United States).
Market Drivers
· Cloud adoption for scalability and cost-effectiveness.
· Requirements for IoT, AI, and remote work.
· Disaster recovery, edge computing, and long-term viability.
Market Trend
· Expensive starting costs and high energy consumption.
· Issues with scalability, cybersecurity, and compliance.
· Scarcity of skilled labour and geographical constraints.
Market Restraints
· Impact of hybrid cloud, edge datacenters, and 5G.
· Automation, environmentally friendly efforts, and security innovation.
· Modular design, decentralised models, and artificial intelligence-driven management.
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Key Market Segmentation:
The report has categorized the Datacenter Deployment Spending market based on type, distribution channel, and region.
Market Breakdown by Applications:
· Infrastructure Expansion, Cloud Deployment, Edge Computing, Others
Market Breakdown by Types:
· Cloud Computing, Big Data Analysis, Artificial Intelligence and Machine Learning, Others
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Report Scope
The Market size value in 2023 (USD 53.1 Billion)
Revenue Forecast by 2033 (USD 104.3 Billion)
Growth Rate CAGR Of (12.5%)
Historical Years (2018-2022)
Base Year (2022)
Estimated Year (2023)
Short-Term Projection Year (2028)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
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Competitive Landscape:
Along with studying the profiles of the key players, the industry's competitive environment has also been examined. Players profiled are Amazon Web Services (United States), Microsoft Azure (United States), Google Cloud (United States), IBM Cloud (United States), Oracle Cloud (United States), Alibaba Cloud (China), Tencent Cloud (China), Digital Realty Trust (United States), Equinix (United States), NTT Communications (Japan), Hewlett Packard Enterprise (United States), Cisco Systems (United States), Dell Technologies (United States), Intel Corporation (United States)
Key highlights of the report:
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