Data Center Outsourcing And Infrastructure Utility Services Market Forecasts to 2023


Posted January 29, 2020 by mandar

The data center outsourcing and infrastructure utility services market is expected to grow at approximately USD 10 Billion by 2023, at 13% of CAGR between 2017 and 2023.
 
The data center outsourcing and infrastructure utility services market is expected to grow at approximately USD 10 Billion by 2023, at 13% of CAGR between 2017 and 2023. The major factors driving the market includes increasing focus towards energy issues, disaster management solutions, sustainable infrastructure solutions and green data center solutions is aiding the market.

Data Center Outsourcing & Infrastructure Utility Services Market, By Components (Hardware, Software, Service), By Organization Size (Small & Medium Enterprises), By Vertical (Banking, IT & Telecommunication) - Forecast 2023

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Data Center Outsourcing & Infrastructure Utility Services Global Market – Overview:

Technological advancements have played a major role in the development of data center outsourcing & infrastructure utility services market. Steep increase in demand for disaster management solutions and sustainable infrastructure solutions are major factors driving the growth of data center outsourcing & infrastructure utility services market. Also, increasing focus towards energy issues and growing demand for green data center solutions is further responsible for aiding the growth of data center outsourcing & infrastructure utility services market. However, the major factor of security concern in the outsourcing of services is the sharing of information across open spaces and third-party forums. Hence, secure encryption of data tends to be a significant factor, boosting the growth of data center outsourcing & infrastructure utility services market

HCL, IBM, Infosys, and TCS are the major investors in the data center outsourcing & infrastructure utility services market. Increasing demand for infrastructure utility service and infrastructure as-a-service is further propelling the market growth. Growing urbanization and population is another factor driving the growth of data center outsourcing & infrastructure utility services market. Moreover, increasing implementation of data center outsourcing & infrastructure utility services in the banking and finance sector is expected to boost the growth of data center outsourcing & infrastructure utility services market over the forecast period. According to a recent study report published by Market Research Future, the global market of data center outsourcing & infrastructure utility services is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).

Data Center Outsourcing & Infrastructure Utility Services Global Market - Segmentation:

The data center outsourcing & infrastructure utility services market can be classified into 5 key segments for the convenience of the report and enhanced understanding;

Segmentation by Type: Hardware, Software, and Services. The services segment is further classified into Professional Service and Support & Maintenance

Segmentation by Servers: Rack Servers, Virtual Servers, and Hybrid Servers

Segmentation by Organization Size: SMEs and Large Enterprises

Segmentation by Vertical: BFSI, Healthcare, IT & Telecommunication, Travels & Logistics, Government, and Others

Segmentation by Region: North America, Europe, Asia-Pacific, Rest of the World

Competitive Landscape:

Atos (France), Accenture PLC (Ireland), Capgemini SE (France), Cognizant (US), Fujitsu Ltd (Japan), HCL Technologies Limited (India), IBM (US), Infosys Limited (India), Tata Consultancy Services Limited (India), and Tech Mahindra Limited (India) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Data Center Outsourcing & Infrastructure Utility Services Market.

Industry News

Jan 2018 – Atos, a global leader in digital transformation, has signed a contract to deliver large scale IT outsourcing services to Henkel, a global leader operating worldwide in three business areas: Adhesive Technologies, Beauty Care and Laundry & Home Care. Atos will be responsible for Henkel's Data center infrastructure, globally hosted in two main sites in Germany and the US. The new contract enables Henkel to react to the digitization of the market and to strengthen its position.

June 2018 – Nokia has signed a five-year contact with Indian IT services company HCL to integrate the IT services it receives from multiple suppliers. The company has basically outsourced its IT infrastructure and application services to HCL as a part of the five-year contract.

Data Center Outsourcing & Infrastructure Utility Services Global Market - Competitive Analysis

The market of data center outsourcing & infrastructure utility services appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

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Data Center Outsourcing & Infrastructure Utility Services Global Market - Regional Analysis

North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the data center outsourcing & infrastructure utility services market in North America owing to the presence of a large number of established key players such as IBM and Cognizant among others. Also, U.S. is leading the market in North America due to the technological advancements and increasing demand for energy efficient solutions and growing demand for green data center solutions in the region. The growth in the region is attributed to the high adoption of data center outsourcing & infrastructure utility services by small and medium enterprises. Data center outsourcing & infrastructure utility services market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 owing to growing population and increased urbanization in China, Japan, and India in the region. Whereas, the Europe market for data center outsourcing & infrastructure utility services is expected to grow at a considerable CAGR (2017-2023).

TABLE OF CONTENTS

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

Continued…

LIST OF TABLES

Table 1 Data Service Outsourcing & Infrastructure Utility Services Market, By Components

Table 2 Data Service Outsourcing & Infrastructure Utility Services Market, By Organization Size

Table 3 Data Service Outsourcing & Infrastructure Utility Services Market, By Vertical

Continued…

LIST OF FIGURES

Figure 1 Research Type

Figure 2 Data Service Outsourcing & Infrastructure Utility Services Market: By Components (%)

Figure 3 Data Service Outsourcing & Infrastructure Utility Services Market: By Organization Size (%)

Continued…

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Last Updated January 29, 2020