Albany, NY -- (SBWIRE) -- 03/23/2018 -- Data center stores and processes the critical business data. There is exponential rise in the demand for data storage facilities which is forcing the businesses to either build new data centers or increase the capacity of their existing data centers. Business organizations across all major industry verticals are facing huge data traffic which is resulting in high demand for the storage infrastructure of this information. There is rise in adoption of cloud computing and virtualization which is also contributing to the increasing demand of data center support infrastructure. A data center support infrastructure is a digitalized infrastructure used for promoting data consumption and sharing. Data center support infrastructure can be referred to as the important functional system of a data center, which is helpful in storing and processing the data. It is developed to meet the demands of a data economy to function. Majorly the data center support infrastructure comprises of security, cooling, power and monitoring and measurement systems, which aid in keeping up the core operations of data center such as data storage and processing. Cooling can be done through various equipment such as air conditioner, chiller, economizer and cooling tower.

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Market for data center support infrastructure can be segmented on the basis of solution, service, industry vertical, end user and geography. On the basis of solution, the market can be segmented into power support infrastructure, security infrastructure, cooling infrastructure and management support infrastructure. Power and cooling contribute as the prime component of data center's operational expenditure. Moreover, with the increasing need to expand data center capacity, enterprises need to reduce the cost associated with power and cooling of data center. Furthermore, organizations have also started concentrating on ecofriendly and efficient power and cooling solutions due to strict government and environmental regulations. Moreover, there is worldwide increase in IT spending as major companies are investing to obtain efficient solutions which is contributing in the growth of the market On the basis of services, the global market can be segmented into consultation service, professional service and system integration. In terms of end user, the market is segmented into cloud provider, colocation provider and enterprise. On the basis of industry vertical, the market is segmented into banking, financial services and insurance (BFSI), telecom and information technology, government, healthcare, energy and others.

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Major factors driving this market are the rising data center demand owing to the need for reliable and efficient processing of stored data along with the rise in demand of high density and efficient data centers in various business organizations. Moreover, increasing threat of cyber-attacks is contributing to the growth of the market due to the need of reliable data center support infrastructure. Such factors are expected to drive the market growth during the forecast period. Geographical segmentation for data center infrastructure support services market includes North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America.
Emerging cooling technologies and use of renewable sources of power in the data centers are becoming major challenge in the growth of data center support infrastructure market. Data center support infrastructure requires high capital investments which is expected to restrain the market growth during the forecast period. Furthermore, providing compatible infrastructure solutions for efficient functioning is a challenge for market players. Thus, above factors are expected to affect the market adversely during the forecast period.

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Key players in the data center infrastructure support services market are ABB, Eaton, Emerson Network Power, HP, Schneider Electric, Intel, Siemens, McAfee, Hitachi, Raritan and Ritta. Major players are adopting strategies such as product innovation and mergers and acquisitions to gain competitive advantage in the market.