Cloud Data Center Market: Global Analysis, Opportunities And Forecast To 2032

Cloud Data Center Market is projected to cross USD 70 Bn by 2032, owing to the growth of e-commerce and online services. The increasing inclination towards online shopping has created several growth opportunities for e-commerce platforms. Online shopping giants such as Amazon, Alibaba, and Flipkart have opted for hybrid data cloud centers to monitor sales, store customer data, and track other business activity, which is estimated to drive the market growth.

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Based on service, the infrastructure-as-a-Service (IaaS) segment will demonstrate growth through 2032. Rising preference for IaaS given its ability to offer the user more flexibility to build out computing resources as required and solve the issue of data traffic would add to the segmental growth. In addition, Through IaaS, users can directly access the cloud server and storage via any mobile device.

By deployment model, the private cloud data center segment will gain momentum in the coming years, as it allows a single user to access data from anywhere, anytime. In addition, private cloud data centers offer high-end security and are often opted by the BFSI industry for storing data on their on-premises data centers.

In terms of the organization size, the small- and medium-sized enterprises are expected to foresee significant demand for cloud data centers. SMEs are constantly opting for cloud data software to maintain data in one place and understand business needs. In addition, these enterprises store data on the cloud, as it reduces infrastructure and labor costs and saves time.

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Based on end users, the colocation segment is anticipated to amass noticeable gains by 2032. Colocation involves customers moving servers and hardware into a data center using internet connection, power, cooling and security systems. Moreover, rising investment and innovations to support cloud software applications in the colocation segment is driving market growth.

Regionally, the Asia Pacific cloud data center industry is anticipated to depict over 30% CAGR during 2023-2032. Rising AI and IoT advancements in several regions, such as India, China, and Japan, will favor the industry outlook positively. The cloud market in Japan is on the rise owing to the ongoing system migration from on-premises to cloud-based systems and enhanced demand for cloud-oriented systems.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    Cloud data center industry 3600 synopsis, 2018 – 2032

2.2    Business Trends

2.2.1    Total Addressable Market (TAM)

2.3    Service model trends

2.4    Deployment model trends

2.5    Organization size trends

2.6    End-Use trends

2.7    Regional trends

Chapter 3   Cloud Data Center Industry Insights

3.1    Introduction

3.2    Russia-Ukraine war impact

3.3    Industry ecosystem analysis

3.3.1    Hardware providers

3.3.2    Software providers

3.3.3    Service providers

3.3.4    Technology providers

3.3.5    End-user

3.3.6    Profit margin analysis

3.3.7    Vendor Matrix

3.4    Technology & innovation landscape

3.5    Patent landscape

3.6    Key news and initiatives

3.7    Regulatory landscape

3.8    Industry impact forces

3.8.1    Growth drivers

3.8.1.1   Increased adoption of cloud-based Service models

3.8.1.2   Rising digitalization in various industries

3.8.1.3   Growth of e-commerce and online Service models

3.8.1.4   Government initiatives for cloud computing

3.8.1.5   Increasing data storage and processing requirements

3.8.2    Industry pitfalls and challenges

3.8.2.1   Complexity of cloud infrastructure

3.8.2.2   Data privacy and security

3.9    Growth potential analysis

3.10    Porter’s analysis

3.11    PESTEL analysis

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