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SELBYVILLE, Del., Jan. 21, 2021 /PRNewswire/ --Global Market Insights, Inc. has recently added a new report on the data center services market which estimates the market valuationfor data center services will cross US$ 25 billion by 2027. The rise in the number of data center establishments globally will surge the demand for efficient services that ensure optimum asset management. Continue Reading Data Center Services Market size is set to surpass USD 25 billion by 2027, according to a new research report by Global Market Insights, Inc. Expansive networking equipment in data centers requires effective maintenance and support services to reduce system downtime. Lack of proper timely maintenance damages the data center hardware, resulting in huge financial losses. Datacenter maintenance & support services deliver a complete range of planned preventative maintenance, energy optimization, and technical support services including remote monitoring. Prominent players operating in the data center services market are focusing on offering high-end services to gain a higher share in the market. For instance, Data Center Resources (DCR) provides data center design and installation services, helping businesses complete critical projects in a professional and timely manner. Request for a sample of this research report @https://www.gminsights.com/request-sample/detail/2195 The rise in the number of SMEs globally has resulted in the increasing demand for small data centers that cater to the customized requirements of small businesses. These enterprises do not require large data center spaces due to limited IT requirements and budgetary constraints. Small data center authorities demand customized installation services that enable the data center establishment in minimum space due to space constraints. There is also a high demand for integration services that enable to seamlessly integrate new tools and components into existing infrastructures.The data center services market in the MEAwill witness growth during the forecast timeframe due to the rise in the number of data center construction projects in the region. The government organizations in several countries including the UAE and Saudi Arabia are encouraging the adoption of digital technologies for economic growth. This has encouraged data center operators to expand their presence in the region. For instance, in December 2020, Du, a UAE-based telecom company, announced plans to launch two data centers in the country in the first quarter of 2021. Datacenter infrastructure development projects will spur the demand for advanced services, ensuring optimum data center functioning and deployment.Some major findings of the data center services market report are:Growing penetration of digital services across several industry verticals has resulted in the increased demand for data centers for storage, computing, and network management. This, in turn, will drive the demand for data center services.The growing trend of data center colocation services in Europe and Asia Pacific will boost the industry growth. Colocation providers focus on employing advanced technologies to ensure customer satisfaction.Increasing consumption of digital services, such as video-on-demand and video conferencing, during the COVID-19 pandemic has stressed the existing data center capacities, driving the demand for efficient services that optimize IT infrastructures.Large data center operators employ sophisticated services that enable them to efficiently manage the complexity of extensive infrastructures.An increase in the number of SMEs will spur the demand for advanced data center infrastructures, in turn, propelling the adoption of high-quality services. These services enable to optimize existing assets while also integrating new components seamlessly.Request for customization of this research report athttps://www.gminsights.com/roc/2195Consulting services that offer customized business solutions as per specific requirements will witness strong growth with the increasing adoption of cloud-based services. The growing demand for cloud computing across several countries in Asia Pacific will boost the construction of new cloud data centers, in turn, fueling the demand for robust services.Expanding manufacturing, IT & telecom, and colocation industries globally will also offer growth opportunities to the data center services industry. As these industries use modern technologies, such as AI and cloud, large amounts of accumulated data will fuel the adoption of high-quality data center services.Partial chapters of report table of contents (TOC):Chapter 3Data Center Services Industry Insights3.1 Industry segmentation3.2 Impact analysis of coronavirus (COVID-19) pandemic3.2.1 Global outlook3.2.2 Regional outlook3.2.2.1 North America3.2.2.2 Europe3.2.2.3 Asia Pacific3.2.2.4 South America3.2.2.5 MEA3.2.3 Industry value chain3.2.4 Competitive landscape3.3 Industry ecosystem analysis3.3.1 Raw material suppliers3.3.2 Component suppliers3.3.3 Manufacturers3.3.4 Technology/software providers3.3.5 System integartors3.3.6 Distributors3.3.7 Service providers3.3.8 Vendor matrix3.4 Technology & innovation landscape3.5 Regulatory landscape3.5.1 North America3.5.2 Europe3.5.3 Asia Pacific3.5.4 South America3.5.5 MEA3.6 Industry impact forces3.6.1 Growth drivers3.6.1.1 Rise in the number of data center construction projects globally3.6.1.2 Rise in the number of SMEs adopting digital technologies3.6.1.3 Growing trend of data center colocation in North America and Europe3.6.1.4 Expanding industrial sector using advanced digital technology in Asia Pacific3.6.1.5 Growing usage of OTT services across South America and MEA boosting the demand for data centers3.6.2 Industry pitfalls & challenges3.6.2.1 Data security concerns and privacy breaches3.6.2.2 Lack of robust IT infrastructure in remote regions limiting the demand and adoption of advanced services3.7 Growth potential analysis3.8 Porter's analysis3.8.1 Supplier power3.8.2 Buyer power3.8.3 Threat of new entrants3.8.4 Threat of substitutes3.8.5 Internal rivalry3.9 PESTEL analysisAbout Global Market InsightsGlobal 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.Contact Us:Arun HegdeCorporate Sales, USAGlobal Market Insights, Inc.Phone:1-302-846-7766Toll Free:1-888-689-0688Email:[emailprotected]Related Imagesdata-center-services-market-size.jpg Data Center Services Market size worth over $25 Bn by 2027 Data Center Services Market size is set to surpass USD 25 billion by 2027, according to a new research report by Global Market Insights, Inc. Related LinksData Center Services Market Data Center Infrastructure Market SOURCE Global Market Insights, Inc.

Answer: Data Center Services Market to Hit $25 Bn by 2027; Global Market Insights, Inc. Some of the major data center services market participants are Huawei Technologies Co. Ltd., IBM Corporation, Telefonica SA, Cisco Systems Inc., Fujitsu Ltd., Corporation, HCL Technologies Ltd., and Hewlett Packard Enterprise Company.