Data Center

The data center sub-segment includes data center hardware, data center software, data center services, data center construction, and data center storage and networking. The escalated adoption of cloud-based solutions and improvements in connectivity infrastructure worldwide are resulting in the generation of huge data volumes every day, which needs timely capture, storage, and evaluation. The widespread implementatio The data center sub-segment includes data center hardware, data center software, data center services, data center construction, and data center storage and networking. The escalated adoption of cloud-based solutions and improvements in connectivity infrastructure worldwide are resulting in the generation of huge data volumes every day, which needs timely capture, storage, and evaluation. The widespread implementation of IoT and Industry 4.0 has further led to increased adoption of Big Data and data analytics. Such huge volumes of data every day is propelling the demand for data centers, which is encouraging the establishment of number of data centers, ranging from Tier 1 to Tier 4, worldwide. Companies are seeking for favorable locations with low energy costs and enhanced communication infrastructure to build their data centers. The increased need of data management has also led many companies to approach third-party service providers, i.e., collocation data centers.

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