Mega Data Center Market

Mega Data Center Market was estimated at USD 23,187 Million in 2022 and is expected to reach USD 32,225 Million in 2030 predicted to grow at a CAGR of 4.2% during the forecast period.

Mega Data Center Market Overview

Mega data centre is a single facility that has 15,000 or more serves. With the rising digitalization, there has been an increase in the demand for data centers as it is increasingly used in various end-user industries such as IT services, BFSI, among others. The global mega data centre market covers several solutions, including IT infrastructure solutions and support infrastructure solutions.

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Major Mega Data Center Market Drivers

One of the biggest factors that is contributing to the growth of the mega data centre market share includes the increasing demand for data storage as a result of the rising amount of data traffic. With the increasing business requirements, there has been a surge in demand for the expansion of data storage capacity. The mega data centre provides several benefits such as high storage capacity, bandwidth, computing capacity and facilitates large-scale data transfers. In addition to this, the growing need for data centre consolidation and cost advantages related to mega data centres are further driving the market growth during the forecast period. Instead of having many small data centres in the same location, it is cost-effective and easier to have a single mega data centre.

There has been an increase in the usage of cloud services for data storage which is also responsible for the growth of the market over the coming years. Various leading players such as Google LLC, Amazon Web Services (AS), Microsoft Corporation, Facebook, among others, offers data centre services and have fully automatic, self-healing data centres. Virtualization is also helping the data centre sector to expand. The organizations are focusing on decreasing infrastructure by emphasizing on IT operations on fewer and more utilized machines. This has encouraged the organizations to focus on their facilities with an aim to reduce complexity and costs. The government bodies are also supporting the development of data centres which is also contributing to the market growth. In 2021, in the UAE, Khazna, one of the largest suppliers of commercial wholesale data centre services, announced to build data centres and increase the capacity over the next four years to offer vital infrastructure as organizations and government agencies focus on digitization.

Restraint in the Mega Data Centre Market

However, the two major factors that are hampering the growth of the global mega data centres market size include the high initial investment requirement and low availability of resources.

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Solution – Segment Analysis

Based on the solution, the IT infrastructure solution segment is predicted to grow at a higher CAGR during the forecast period. This is mainly attributed to the growing demand for servers, data storage, and networking around the world. Moreover, rapid digitization has also surged the demand for IT infrastructure in various end-use industries such as BFSI, IT services, among others.

Vertical – Segment Analysis

Based on the vertical, the Banking, Financial Services and Insurance (BFSI) segment is expected to grow at a higher CAGR during the forecast period. The BFSI is one of the leading sectors which generates a high amount of data. The banking and banking structure required data centre to store customer needs, transactions, and other electronic banking services such as telebanking, self-inquiry, emote banking, among others. Moreover, the banks are shifted from maintaining their own data centres to outsourcing their services in order to decrease the cost related to IT and operations of data centres.

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Regional – Segment Analysis:

Based on the region, Asia-Pacific region is expected to grow at a higher CAGR during the forecast period. This is mainly due to the increasing demand for high-density, redundant facilitates in China. Moreover, the growing need to store data on the cloud has further increased the demand for data centres, particularly in India. The government bodies of various countries are focusing on supporting the development of data centres in the country. For instance, in 2020, the Ministry of Electronics and Information Technology (MeitY) initiated the “New Data Centre Policy” in order to decrease the number of clearances needed for setting up a data centre.

Top Market Players

Various notable players operating in the market include Cisco, Dell Inc., EMC Corporation, Emerson Electric Co., FUJITSU, Walter P Moore, IBM Corporation, Intel, Juniper Networks, Inc., and Schneider Electric, among others.

Segments covered in the Report:

The global Mega Data Centre market has been segmented on the basis of Solution, Service, Vertical, User and regions. Based on Solution, the market is segmented into IT Infrastructure Solutions and Support Infrastructure Solutions. Based on Service, the market is segmented into System Integration Services, Monitoring Services, and Professional Services. Based on Vertical, the market is segmented into Banking, Financial Services and Insurance (BFSI), Telecom and IT, Media and Entertainment, Government and Public, and Others. Based on User the market is segmented into Cloud Providers, Colocation Providers, and Enterprises. 

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Market Segmentation

Global Mega Data Centre Market by Solution

• • IT Infrastructure Solutions
    • Servers
    • Storage
    • Networking
  • Support Infrastructure Solutions
    • Power Solutions
    • Cooling Solutions
    • Security Solutions
    • Management Software

Global Mega Data Centre Market by Service

• • System Integration Services
  • Monitoring Services
  • Professional Services

Global Mega Data Centre Market by Vertical

• • Banking, Financial Services and Insurance (BFSI)
  • Telecom and IT
  • Media and Entertainment
  • Government and Public
  • Others

Global Mega Data Centre Market by User

• • Cloud Providers
  • Colocation Providers
  • Enterprises

Global Mega Data Centre Market by Region

• • North America Mega Data Centre Market (Option 1: As a part of the free 25% customization)

    • By Solution
    • By Service
    • By Vertical
    • By User
    • US Market All-Up
    • Canada Market All-Up

  • Europe Mega Data Centre Market (Option 2: As a part of the free 25% customization)

    • By Solution
    • By Service
    • By Vertical
    • By User
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Mega Data Centre Market (Option 3: As a part of the free 25% customization)

    • By Solution
    • By Service
    • By Vertical
    • By User
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Mega Data Centre Market (Option 4: As a part of the free 25% customization)

    • By Solution
    • By Service
    • By Vertical
    • By User
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Mega Data Centre (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Cisco
  • Dell Inc.
  • EMC Corporation
  • Emerson Electric Co.
  • FUJITSU
  • Walter P Moore
  • IBM Corporation
  • Intel
  • Juniper Networks, Inc.
  • Schneider Electric