The Business Research Company’s Managed 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 Managed Data Center Services Global Market Report 2023 evaluates managed 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 managed data center services market is expected to grow from $317.39 billion in 2022 to $366.52 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The managed data center services market is expected to reach $643.4 billion in 2027 at a CAGR of 15.1%.
A growing number of data centers is expected to propel the growth of the managed data center services market going forward. A data center refers to a physical space used to store and manage data for various purposes, such as the development of new products and services and the maintenance and repair of existing ones. A managed data center provides full functionality, maintenance, and monitoring regarding the upkeep and health of systems without taking the responsibility of deployment, management, and monitoring. For instance, in August 2021, according to Savills Korea, a Korea-based consulting firm, the total commercial data center IT load in Korea is projected to increase by 700 MW during 2021–2023, representing 15% of the entire Asia-Pacific (APAC) capacity. Furthermore, in January 2021, according to the United States International Trade Commission, a US-based Government agency, there were 2,600 data centers in the US and nearly 8,000 new data centers globally in 2021. Therefore, the growing number of data centers is driving the growth of the managed data center services market.
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The managed data center services market segments in the report are:
1) By Type: Managed Storage, Managed Hosting, Managed Collocation, Other Types
2) By Deployment Type: Cloud, On-Premise
3) By Enterprise Size: Small Enterprises, Medium Enterprises, Large Enterprises
4) By End-user Industry: BFSI (Banking, Financial Services, And Insurance), Energy, Retail, Healthcare, Manufacturing, Other End-User Industries
The table of contents in TBRC’s managed data center services market report includes:
1. Executive Summary
2. Managed Data Center Services Market Characteristics
3. Managed Data Center Services Market Trends And Strategies
4. Managed Data Center Services Market – Macro Economic Scenario
5. Managed Data Center Services Market Segmentation
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26. South America Managed Data Center Services Market
27. Brazil Managed Data Center Services Market
28. Middle East Managed Data Center Services Market
29. Africa Managed Data Center Services Market
30. Managed Data Center Services Market Competitive Landscape And Company Profiles
Top Major Players:
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