Rising demand for data storage owing to the growing amount of data traffic is expected to propel the mega data center market growth. Increasing business needs have pushed the demand for expansion of data storage capacity. Mega data centers offer high storage capacity, bandwidth, computing capacity and facilitate large scale data transfer. They are operationally cost effective, reliable, scalable and an efficient solution for meeting the demands of large scale data storage. Companies such as Facebook, Microsoft, Amazon, Google, etc. have enormous data storage requirements and prefer to operate gigantic mega data centers to meet their storage needs.
The global mega data center market is driven by the need for data center consolidation and cost benefit associated with them. Rather than having several data centers that may or may not be in the same location, it is easier and more cost effective to operate a single mega data center. The growing usage of cloud services for data storage is also expected to drive the mega data center market over the next six years. Mega data centers require huge investment and approval from government authorities. Also, there are high chances of error multiplication when using such data storage mechanism. These factors are expected to restraint the market growth over the forecast period. However, new infrastructure solutions and availability of co-location centers is expected to serve as key opportunities for the market’s growth.
Mega data center market can be segmented on the basis of solution and services, end-users and application industry. Solutions offered by mega data centers include: cooling, IT infrastructure, management software, networking, power, security, server, storage and support infrastructure. System integration, monitoring and professional services are offered by mega data centers. End-users of these data centers include: enterprises, cloud service providers and co-location providers. Mega data centers can be employed to meet the storage needs of Banking, Financial Services and Insurance (BFSI), government, public, media and entertainment, telecom & IT and others.
North America is the leading market for mega data centers owing to the presence of a large number of e-commerce vendors in the region. Key players in the mega data center market include Cisco Systems Inc., Dell Software Inc., EMC Corporation, Emerson Network Power, Fujitsu Ltd, Hewlett-Packard Company, IBM Corporation, Intel Corporation, Juniper Networks Inc. and Schneider Electric SE.
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