Data Center Market size to record USD 329.82 billion growth from 2023-2027, Implementation of AI in data centers is one of the key market trends, Technavio

Key Facts

• Technavio has announced its latest market research report titled Global Data Center Market 2023-2027 Report Attribute Details Base Year 2022 Forecast period 2023-2027 Historic Data for 2017 - 2021 Segments Covered Component (IT infrastructure, Power management, Mechanical construction, General construction, and Security solutions) and End-user (BFSI, Energy, IT, and Others) Key Companies Covered Alphabet Inc., Amazon.com Inc., Apple Inc., Cisco Systems Inc., CyrusOne LLC, Digital Realty Trust Inc., Equinix Inc., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Microsoft Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., Salesforce Inc., SAP SE, Verizon Communications Inc., 365 Data Centers, China Telecom Corp. Ltd., Cyxtera Technologies Inc., and KDDI Corp. Regions Covered North America, APAC, Europe, South America, and Middle East and Africa Key Trends Fueling Growth Implementation of AI in data centers: Data centers are enhancing energy efficiency through AI, optimizing server, power, and cooling systems.
• For more insights on the market trends with forecast market size and historic data (2017 - 2021) - Download a FREE Sample Report in minutes!
• Market Overview The Data Center Market is a significant sector in the technology industry, driven by the increasing demand for digital transformation and cloud computing services.
• The market is expected to grow, driven by the increasing adoption of digital technologies and the need for businesses to store and process large amounts of data.

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