Portland, OR -- (SBWIRE) -- 05/08/2018 -- A data center is a centralized facility used for data computing, processing, and storage. It includes high-performance servers, networking equipment, storage arrays, and supporting services such as powering and cooling solutions. Data centers are established by either large-scale enterprises or enterprises offering cloud-based services. Enterprises build colocation and managed hosting data center facilities and rent them to other large enterprises and SMEs.

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The analysts forecast the global data center market to grow at a CAGR of 10.21% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global data center market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Data Center Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Digital Realty Trust
- Equinix
- Alphabet
- Microsoft
- Amazon.com

Market driver
- Increasing demand for cloud-based storage
- For a full, detailed list, view our report

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Market challenge
- Increasing focus on data center consolidation
- For a full, detailed list, view our report

Market trend
- Increasing interest towards quantum computing
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?