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Datacenter

Global modular data center market expected to touch $59 billion by 2023: KBV Research

Global modular data center market will reach $59.3 billion by 2023, showing a CAGR of 29% during the forecast period (2017-2023), according to a report by KBV Research.

Modular data center is a portable method to deploy the capacity of data centers. It can be deployed anywhere the capacity is needed. Modular data centers come with purpose-built modules and components, to provide scalability with power and cooling options.

  • By Components:

In 2016, the functional module solutions dominated the global module data center market, and is expected to continue its dominance till 2023.

On the other hand, the services market will grow at a CAGR of 33.9% during the forecast period.

  • By Region:

In 2016, North America held the largest share in global modular data center market, and is expected to be a dominant market till 2023. The North America market will witness a CAGR of 28.2% during the forecast period.

Modular data center market in Europe region will grow at a CAGR of 28.9% during the forecast period.

Whereas, APAC region will grow at a CAGR of 32.3% during the forecast period.

  • By Verticals:

In 2016, the BFSI market held the largest share in global data center market, and is expected to dominate the market till 2023. According to the report, BFSI market will grow at a CAGR of 27.5% during the forecast period.

Healthcare market will grow at a CAGR of 28.3% during the forecast period.

Whereas, the retail market is expected to reach $7800.4 million by 2023.

Also read: Global Remote Infrastructure Management market expected to touch $44 billion by 2023: KBV Research

The main companies outlined in the report included HPE, IBM, Cisco, Dell, Vertiv, Schneider Electric SE, Flexenclosure AB, Bladeroom Group, Eaton, and Huawei.

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Business Cloud Datacenter

Global Remote Infrastructure Management market expected to touch $44 billion by 2023: KBV Research

The global Remote Infrastructure Management (RIM) market is predicted to touch $44.6 billion by 2023, growing at a CAGR of 11.4% during the forecast period (2017-2023), as per a report by KBV Research.

Sometimes the physical infrastructure of an organization is geographically separate from IT management services. In such scenario, the RIM enables organizations to remotely manage the IT infrastructure completely or in parts, like management of desktops, laptops, servers, network services, storage devices, IT security devices, etc.

The economic deployment, limited network downtime, and effective network managements will be the key factors to drive the global RIM market. The other contributors to the market size growth will be high quality of service, better output, and minimized network and data issues.

  • By Core Services:

Based on Core Services, Server Management market was dominated by North America in 2016, and will continue its dominance till 2023, showing a CAGR of 8.5% during the forecast period.

Database Management market was dominated by Europe, and is expected to grow at a CAGR of 8.7% during the forecast period.

Whereas, Storage Management market was dominated by Asia Pacific region, and is expected to grow at a CAGR of 14.1% during the forecast period.

  • By Organization Size:

Large Enterprises held the maximum RIM market by Organization Size in 2016, and are expected to continue to dominate the market till 2023.

Small and Medium Enterprises (SMEs) are expected to grow at a CAGR of 15.6% during the forecast period.

  • By Vertical:

BFSI dominated the global RIM market by Vertical in 2016, and will continue its dominance till 2023, showing a CAGR of 9.3% during the forecast period.

Healthcare market will witness a CAGR of 11% during the forecast period, while Retail market is expected to attain value of $5912.1 million by 2023.

Also read: ‘Data Center Switch’ market expected to touch $18 billion by 2023: KBV Research

Fujitsu, Capgemini, Accenture, Genpact, Nityo Infotech, Sensiple, Rigel Networks, Cognizant, UST Global, and AT&T are the major players in Remote Infrastructure Management market.

For full report, visit: https://kbvresearch.com/remote-infrastructure-management-market/

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Cloud News Datacenter Web Security

Global Data Protection as a Service market will touch $29 billion by 2022: KBV Research

Global Data Protection as a Service (DPaaS) market is expected to touch $29.3 billion by 2022, showing a CAGR of 30.6% during the forecast period (2016-2022), as per a report by KBV Research.

Enterprises are concerned about data loss, data backups and archives, governance, as well as risk and compliance requirements. The rise in demand for economic disaster recovery and security solutions have contributed to the significant growth in DPaaS market worldwide.

The data protection solutions have been widely adopted by healthcare, retail and other industries for safety and security of digital assets. These solutions are cloud-based services, and organizations are rapidly moving to cloud to control operational expenses, and other benefits.

By service type

In 2015, Storage as a Service (STaaS) market held the largest market share, and is expected to dominate the market till 2022.

Backup as a Service (BaaS) market will grow at a CAGR of 33% during the forecast period.

By deployment mode

Private market dominated the global DPaaS market in 2015, and is expected to continue its dominance till 2022.

Hybrid market will grow at a CAGR of 33.4% during the forecast period.

By region

In 2015, North America dominated the global DPaaS market, and will continue to dominate till 2022, showing a CAGR of 28.9% during forecast period.

Europe and APAC market will grow at a CAGR of 29.7% and 33%, respectively, during the forecast period.

Also read: Automation-as-a-service market expected to touch $7 billion by 2023: KBV Research

KBV Research’s report provides quantitative insights on the market potential across the globe and key influencing factors of DPaaS on a regional basis. It also includes the leading companies in DPaaS segment including IBM, HPE, Oracle, CA, VMware, Amazon, and Quantum

For full report, visit: https://kbvresearch.com/global-data-protection-as-a-service-dpaas-market/

Categories
Datacenter News

‘Data Center Switch’ market expected to touch $18 billion by 2023: KBV Research

Global Data Center Switch market will touch $17.7 billion by 2023, growing at a CAGR of 4.9% during the forecast period (2017-2023), as per a new report by KBV Research.

The rising demand for simplified data center management, automation, cloud services, internet multimedia content and web applications, is driving the growth of Data Center Switch (DCS) market worldwide.

Based on bandwidth, the report segmented the market into three categories:

  • >1 Gbps to <10 Gbps
  • >10 Gbps to <40 Gbps
  • >40 Gbps

The Data Center Switches are of two types- Core Switches and Access Switches. The Access switches held the largest market share in 2016, and will continue its dominance till 2023.

Core switches will grow at a CAGR of 5.3% during the forecast period.

  • By region

As per the report, the North America held the maximum share in ‘>1 Gbps to <10 Gbps’ DCS market in 2016, and is expected to dominate the market till 2023, showing a CAGR of 3.7% during the forecast period.

In >10 Gbps to <40 Gbps DCS market, Europe will grow at a CAGR of 4.5% during the forecast period. While APAC region will witness a CAGR of 6.4% in >40 Gbps DCS market.

  • By technology

Based on technology, the report segmented the market into Ethernet, Fibre Channel, and InfiniBand. In 2016, the Ethernet technology dominated the market, and is expected to continue its dominance till 2023.

Fibre Channel market will grow at a CAGR of 5.3% during the forecast period. While InfiniBand market will reach $3034 million by 2023.

Also read: Automation-as-a-service market expected to touch $7 billion by 2023

KBV Research considered a number of major strategic development factors like M&A, product launches, and partnerships, to elaborate profiles of several companies. The report revealed that Cisco, Huawei, and HPE dominated the Data Center Switch market.

For full report, visit: https://kbvresearch.com/data-center-switch-market/

Categories
Cloud News News Technology

Automation-as-a-service market expected to touch $7 billion by 2023: KBV Research

Automation-as-a-service (AaaS) market is expected to touch $7.4 billion by 2023, growing at a CAGR of 27% during 2017 to 2023, as per a new report from KBV research.

The AaaS helps organizations by automating the business processes, and shifting from slow and manual processes to fast and reliable automated ones. The increasing demand for cloud services and automation, is driving the Automation-as-a-Service market.

  • By component

Based on component, the report segments the market into solutions and services. In 2016, solutions market dominated the global AaaS market worldwide, and is expected to do so till 2023. On the other hand, the services market is expected to show a CAGR of 31.8% during the forecast period (2017-2023).

  • By region

In 2016, North America held the largest market share in Global Operations & IT AaaS, and will continue to dominate till 2023, showing a CAGR of 24.5%.

Europe will grow at a CAGR of 25.5% during the forecast period in finance AaaS market, while APAC region is expected to witness a CAGR of 30.5% in human resource AaaS market.

  • By type

By type, the rule-based automation dominated the market in 2016, and is expected to be a dominant till 2023. While knowledge-based automation will grow at a CAGR of 31.2% during the forecast period.

  • By vertical

Banking, Financial services and Insurance (BFSI) held the largest market share in 2016, and will continue to do so till 2023, showing a CAGR of 24.9%.

Healthcare market is expected to touch $926.9 million by 2023, while retail market will grow at a CAGR of 27.9% during 2017 to 2023.

KBV Research also elaborated profiles of leading companies including IBM, Microsoft, HPE, Pegasystems, Blue Prism, Automation Anywhere, etc. It considered the key strategic developments of these companies including Mergers & Acquisitions, product launches, partnerships, etc.

Also read: 5 Cloud Computing Predictions for 2018 that will define the cloud industry for good

As per the report, Microsoft, IBM, and HPE were forerunners in automation-as-a-service market.

For full report, visit: https://kbvresearch.com/automation-as-a-service-market/