Data Center Infrastructure (DCI) Market to gain Substantial Revenues by 2032
Global Data Center Infrastructure Market size will expand at over 12.5% CAGR from 2024 to 2032, due to increasing partnerships between technology providers and service companies.
Read also: Data Center Renovation Market Share & Size, Analysis Report 2023 – 2032
Collaborations are enhancing the development and deployment of advanced infrastructure solutions to support the growing data needs. Consequently, the adoption of cloud computing is driving the demand for more robust and scalable data center systems. To that end, data center infrastructure (DCI) is largely evolving to support greater data volumes and more complex requirements for meeting the high demands of storage, processing, and efficiency.
For instance, in January 2024, DCI Data Centers and Daelim Co began constructing a data center in Seoul, South Korea. This joint venture is marked DCI’s first project in the country to support clients with extensive computing needs.
The market is segregated into products, components, applications, and regions.
In terms of product, the power segment in the data center infrastructure market is set to experience a significant growth rate through 2032. Power systems are supporting DCI by providing essential energy for operating data centers and their equipment. These systems are also ensuring a stable and continuous power supply to handle large volumes of data processing and storage. Rising incorporation of power systems with advanced technologies to manage higher energy loads and enhance resilience for supporting the increasing complexity and scale of computing needs will add to the segment growth.
software segment to gain traction
By component, the Data center infrastructure (DCI) market from the software segment is projected to rise from 2024 to 2032, due to rising adoption for optimizing the management and operation of data centers. DCI provides tools for monitoring, controlling, and automating various systems to ensure efficient data handling and resource allocation. With evolving data centers DCI software is used to support more sophisticated operations and increased data demands for maintaining high levels of performance and reliability.
Europe to offer lucrative growth opportunities
Regionally, the Europe data center infrastructure market size is projected to foresee robust growth between 2024 and 2032 driven by digital transformation initiatives along with regulatory and compliance requirements. Organizations in the region are adopting advanced data center solutions to support digital strategies for ensuring secure and efficient operations. Subsequently, strict regulations are shaping the development and management of data centers to ensure adherence to data protection and environmental standards, stimulating regional market growth.
Source – https://www.gminsights.com/industry-analysis/data-center-infrastructure-market
Leave a Reply