Sellbyville, DE -- (SBWIRE) -- 02/13/2019 -- Data Center Infrastructure Market size is set to exceed USD 90 billion by 2024; Rising digitalization and the demand for online services are making it vital for the operators to store and efficiently manage the data generated, which is expected to offer an impetus to the data center infrastructure market growth.

Government initiatives aiding SME growth and the rapid increase in the organizational data are fueling the growth of data centers. This is causing a rise in the expenditure on infrastructure technologies such as cooling, power, and networking, among others. New and advanced technologies, such as evaporative and free cooling and facilities equipped with AI, also aid in augmenting the overall efficiency of the facilities, thereby driving the market growth.

Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/2580

Increasing number of facilities across the globe coupled with the rising demand for data storage, management, and backup is expected to fuel the demand for networking equipment in the data center infrastructure market. Networking equipment includes Ethernet switches, WAN, SD-WAN, and application delivery controllers.

Growing complexity in the management of enormous data volume generated by enterprises is compelling the adoption of new infrastructure allowing security, visibility, and automation of data. Networking equipment forms a crucial part of the infrastructure. The equipment enables a strong connection between data center nodes and the equipment to ensure that they can transfer and communicate data.

Colocation data center infrastructure market is gaining popularity among organizations to reduce the expenses associated with maintaining and building facilities. Colocation facilities accounted for over USD 10 billion in 2017, provide end users server security, storage, cooling, power, and networking equipment. Constructing a new facility drains the company's money, time, and labor owing to which the colocation market is witnessing a growing demand. Colocation vendors are providing improved maintenance and services to businesses to maximize their productivity, which is enabling enterprises to focus on their core business with efficient data management.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2580

Rising investments by various business and companies across the Nordic region coupled with growing number of the facilities are anticipated to drive the Europe data center infrastructure market to reach over USD 30 billion by 2024. Current technological developments such as Industry 4.0, big data, and cloud computing are the major drivers of the Germany market. Increasing number of manufacturers is stressing on replacing human labor by automation. The incorporation of IoT and rise in the number of connected devices are contributing to the exponential rise in the data.

Key companies in the data center infrastructure market comprise Vertiv Group Corporation, Submer Technologies Sl., Schneider Electric S.E., Rittal GmbH & Co., KG, Panduit Corporation, Eaton Corporation PLC, Dell, Inc., Degree Controls, Inc., ClimateWorx International, Black Box Corporation, Asetek, ANEXIA Internetdienstleistungs GmbH, and Airedale International Air Conditioning Ltd., among others. Intense competition is being witnessed in the industry, with several large businesses and SMBs implementing innovative and efficient infrastructure facilities for their businesses.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.