The Business Research Company’s Data Center Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Data Center Services Global Market Report 2023 evaluates data center services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global data center services market is expected to grow from $116,425.78 million in 2027 at a rate of 14.36%. The market is then expected to grow at a CAGR of 13.24% from 2027 and reach $216,813.62 million in 2032.
During the forecast period, an increase in the usage of OTT (over-the-top) services is expected to propel the growth of the data center services market. Major OTT players use global data center services like data storage services to provide content to users from data repositories housed in data centers, which are secure areas with controlled settings. The increase in use of more OTT services will require data center services, which will lead to an increase in demand for data center services. For instance, according to Demand Sage, US-based data reporting and analytics solutions provider, there were 3.26 billion OTT users worldwide in 2022, which is projected to reach 3.5 billion OTT users in 2023. Also, the revenue from OTT platforms is projected to reach $316.10 billion in 2023. Aside from that, $272.70 billion in revenue was earned in 2022. Therefore, an increase in the use of OTT services is expected to propel the growth of the data services market going forward.
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The data center services market segments in the report are:
1) By Services: Installation And Integration Services; Training Services; Consulting Services; Maintenance And Support; Other Services
2) By Type: Small Data Centers; Medium Data Centers; Large Data Centers
3) By Infrastructure Type: Servers; Storage And Networking
The table of contents in TBRC’s data center services market report includes:
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