TechNavio announces this week the launch of the report ‘Global Data Center IT Market 2009-2013.’
Online PR News – 12-July-2010 – – A Data Center (also called a server farm) is a facility used to house computer systems and associated components, such as network equipment and storage systems. It also includes supporting equipment such as backup power supplies, data communication connections, environmental controls (e.g., air conditioning, fire suppression), rack infrastructure for collocation, and security devices.
According to TechNavio, the market for Global Data Center is forecast to reach $110.7 billion in 2013 from $76.0 billion in 2009, growing at a CAGR of 9.9 percent over the period.
The Global Data Center industry is growing due to the increase in demand for data processing power and information storage. As a result, denser servers are being added to the existing Data Centers of various companies so as to scale up the capacity.
The Data Center IT market is undergoing a rapid transformation. Stiff competition and lucrative business opportunities are prompting the big vendors to enter into various segments of the Data Center market. A case in point for instance is the entrance of Cisco, the Network Equipment market leader, into the Server market.
This report forecasts the size of the Global Data Center IT market over the period 2009- 2013. It segments the market into three geographic regions: Americas, EMEA and APAC; representing the market size and forecast for each of these regions. Further, it discusses the key market trends, drivers and challenges of the Global Data Center IT market, and profiles some of the key vendors of this market.
For further information on this report please visit: http://www.technavio.com/content/global-data-centers-it-market-2009-2013