Data Center as a Service Market, By Infrastructure (Servers, Storage, Networking), By Organization Size (SMEs and Large Enterprises), By Vertical (Retail, BFSI, IT & Telecom, Healthcare, Manufacturing, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jun 2024

Code : CMI7074

Pages :140

Formats :

Excel and PDF

Industry : Information and Communication Technology

Market Concentration and Competitive Landscape

Data Center as a Service Market Concentration By Players

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Rising Significance of Optimal Resource Utilization

With growing climate change concerns, businesses are under increasing pressure to curb their carbon footprint and optimize resource consumption. Traditional on-premise data centers often exhibit suboptimal power and space utilization rates, typically falling below 20%. This leads to wastage of huge amounts of electricity as well as valuable office real estate space. Cloud-based mega data centers adopted by top service providers are designed with the highest efficiency standards. State-of-the-art cooling systems, power distribution architecture, and server virtualization enable cloud data centers to achieve a power usage effectiveness (PUE) ratio as low as 1.1, which translates to 90% more efficient compared to typical on-premises facilities. Furthermore, cloud providers are able to maximize space utilization through advanced rack design and workload consolidation across thousands of customers. Shared multi-tenant services allow businesses to utilize resources only when required without under-utilizing expensive on-premise assets. With growing focus on sustainability, data center as a service delivers unmatched efficiency benefits that are difficult to achieve through traditional models. This boosts adoption of cloud-based infrastructure solutions worldwide.

Key Players Insights