Data Center Solutions Market

Microsoft (US) and HPE (US) are leading players in Data Center Solutions Market

The data center solutions market is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period, from USD  338.8 billion by 2023 to USD 591.7 billion by 2028. The increasing demand for digital transformation and cloud services is a primary driver of the data center solutions market. With the rise of IoT (Internet of Things) devices and the need for low-latency processing, edge computing has gained prominence. Data centers are being distributed to the edge of the network to reduce latency and improve real-time processing. Many organizations are adopting hybrid and multi-cloud strategies, leveraging a combination of on-premises data centers and public or private cloud services. This approach provides flexibility, scalability, and redundancy. Data centers are also integrating AI and ML technologies to optimize operations, enhance security, and improve overall efficiency. These technologies are used for predictive maintenance, workload optimization, and data analytics.

Major vendors in this market are in North America, Europe, and the Asia Pacific region. AWS (US), Microsoft (US), Google (US), Equinix (US), and Dell (US) are among the leading players operating in the data center solutions market. These vendors have adopted various growth strategies to strengthen their position in the market which include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to expand their business in the data center solutions market.

To know about the assumptions considered for the study download the pdf brochure

Microsoft

Microsoft Azure is one of the leading global cloud platforms. It provides a comprehensive set of services for data center solutions, including virtual machines, containers, storage, networking, and AI capabilities. Microsoft offers hybrid cloud solutions, allowing organizations to seamlessly integrate on-premises data centers with Azure. This hybrid approach provides flexibility and scalability. Azure delivers enterprise-grade cloud infrastructure with physical components like redundant power and advanced software features for secure and efficient operations. Committed to carbon neutrality since 2012, Microsoft aims to be carbon negative by 2030 and eliminate all directly emitted carbon since 1975 by 2050. Migrating to Azure can result in up to 93 percent more energy efficiency than traditional data centers, offering businesses a sustainable and cost-effective solution—azure pioneers innovations like underwater data centers and liquid cooling. Sharing designs through the Open Compute Project promotes a secure and standardized ecosystem for global data center deployment in the cloud.

HPE

The company was formed as a spin-off of Hewlett Packard Company and is one of the leading providers of integrated systems, servers, storage, networking, and software. It offers IT solutions to businesses and public-sector enterprises. It operates through five segments: software, enterprise group, enterprise services, corporate investments, and financial services. Its product offerings include enterprise IT infrastructure, such as enterprise storage and server technology, networking products and solutions, IT management software, information management solutions, and security intelligence/risk management solutions. It offers micro mobile data center solutions to cater to the needs of the rapidly changing business environment. The company’s micro mobile data center solutions help evade traditional complexities by offering self-sustaining integrated solutions that ensure higher reliability.

HPE modular data centers help customers account for rapidly changing business environments by bypassing traditional complexities and leveraging the space more efficiently. The HPE PODS come in various industry-standard rack sizes as per the models. The company also provides a modular UPS solution called HP DirectFlow UPS. The HP Modular Cooling System (MCS) G2 is a self-cooled rack for high-density deployments in the data center. HPE Intelligent PDU provides monitoring of power consumption at the core, load segment, stick, and outlet level with unmatched precision and accuracy. The company offers modular data center services and solutions for various industry verticals, including manufacturing, energy, media, health, retail, financial services, transportation, and the public sector. HPE provides modular data center services through a skilled workforce.

Related Reports:

Data Center Solutions Market by Offering (Hardware, Software, Services), Data Center Type (Enterprise Data Center, Cloud Data Center, Colocation Data Center), Tier Type, Data Center Size, Vertical and Region - Global Forecast to 2028

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Data Center Solutions Market Size,  Share & Growth Report
Report Code
TC 2783
RI Published ON
1/22/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status