NewswireToday - /newswire/ -
London, United Kingdom, 2013/08/30 - Market to grow at 11.21 percent for 2012-2016 - Key players - include Avaya, Cisco Systems, Dell, EMC, Emerson Network Power, Hewlett-Packard, IBM, Juniper Networks, NEC, NetApp, Rittal and Schneider Electric - TechNavio.com.
TechNavio today published its report on the Datacenter Market in US, citing rapid growth in the adoption of green data centers by end-users, as one of the main drivers for the growth of this market.
In spite of facing key challenge like lack of foresight in enterprise business, the Datacenter Market in US is scheduled to grow at a 11.21 percent amidst consolidation of enterprise infrastructure to establish computing and storage facilities at a centralized location.
Speaking on this occasion, a senior analyst from TechNavio’s Enterprise Computing Team stated,“With the rapid increase in data-intensive communication technologies such as 3G and 4G in US, there is an increasing need for data center solutions to facilitate computation and storage of data. Also, the rapid evolution of cloud computing and cloud-based services is leading to the establishment of additional data center facilities with high-performance computing equipment. This is leading many large scale enterprises and communication service providers to establish their own data center facilities to meet their computational and storage requirements.”
As per research findings, the BFSI sector is the major adopter of data centers in the US and accounted for 24-26 percent of the market followed by IT Service Providers, which accounted for 21-23 percent of this market in 2012.
Competition is intense among a large number of local, regional, and international players because of the high revenue potential of this market. The top three players, IBM, HP, Dell comprise around 53 percent of the market share however, a large portion of this market is split among “other” smaller players.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Datacenter Market in US in the Enterprise Computing industry. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information on this topic and our upcoming research please check our website or send an email to enquiry[.]TechNavio.com.
TechNavio (technavio.com) is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.