Incessantly increasing demand for data storage and its efficient and reliable processing is highly affecting the advanced data centre infrastructure market. The advanced data centre support infrastructure is the important functional system of a data centre that aids in its data storage and processing operations. Majorly the data centre support infrastructure comprises of security, monitoring, power, cooling and measurement systems that facilitate in maintenance of processing and core operation of data storage of the data centres. The significant surge in demand for storage of this information is mainly due to the massive data trafficking experienced by all major industry verticals.
The ability of establishing advanced decision making methods such as identification of critical hardware related needs is the major function of any advanced data centre infrastructure. Moreover, the advanced data centre infrastructure offers organizations with organizational insights into application, power usage, cooling requirements, utilization and overall performance.
The advanced data centre infrastructure builds a strong foundation for the companies that helps these companies in formulating its business guidelines, set SMART (Specific Measurable Achievable Realistic and Timely) goals and critically analyse the future circumstances. Further, with the rising concern for energy efficient and sustainable utilization, firms are intensively looking after the methods to set suitable objectives and processes in order to achieve those goals without any pressure on the business infrastructure and resources. Unmanaged and disparate data centres lead to massive budget overlays and financial burden on the company. Thus, the advanced data centre provides these organizations with the ability to optimistically manage the cohesive environment of facilities and IT. Additionally, the novel advanced infrastructure facilitates the organization in reorganizing their wasted Information Technology budgets towards distinct business investments so as to attain their business goals.
Although the advanced data centres are the sole enablers of any trade, they also offer exclusive competitive edge to the enterprises. Advanced and effective data centre infrastructures thrust the usage, availability and efficiency of data centre assets and services. However, Information Technology and facility enterprises have densely invested into technological resources such as people, process and tools so as to manage the data centres. But due to certain gaps between data centre facilities and IT infrastructure components, several organizations fail to do so. Therefore, the advanced data centre infrastructure now enables these organizations to focus upon their upcoming goals and objectives.
Some of the key factors propelling the market growth include significant development and availability of sustainable Information Technology, increasing opportunities in venture capital funding, development in cloud computing and enterprise visualization. All these factors together are anticipated to escalate the emergence of innovation in new technologies leading to reduced cost and power consumption, hence boost the demand for advanced data centre infrastructure.
The advanced data centre infrastructure market is briefly categorised on the basis of infrastructure type, service, industry verticals and end-users. Power, monitoring and measurement, security and cooling are some of the infrastructure kinds which are further bifurcated into; power as: UPS, power distribution, power storage, generator and cabling infrastructure and cooling as: air conditioning, economizer, chiller, cooling tower and rack/server cooling. Based on services, the market is fragmented into professional services, consultation services and system integration. The end-users are widely segmented into cloud provider, enterprise and colocation provider. Furthermore, the market is categorised by industry verticals into telecom and IT, BFSI, retail, healthcare, and energy among others. The BFSI segment is currently dominating the market whereas the telecom and IT sector is predicted to foresee a tremendous growth rate. The global market is segmented into North America, Europe, Latin America, Middle East and Africa and Asia Pacific. Presently, North America is the leading market whereas, APAC is anticipated to witness surged growth during the forecast period.
FieldView Solutions, Inc., Rittal GmbH & Co., Emerson Electric Co., CA Technologies, Nlyte Software, Inc., SynapSense Corporation, Machines Corporation, Modius, Inc., Raritan, Inc., Panduit Corp., JouleX LLC, Sentilla Corporation, iTRACS Corporation, Inc., are some the key players operating in the market.