Will data centers grow?

Amid the COVID-19 crisis, the global market for Internet Data Centers estimated at US$59.3 Billion in the year 2020, is projected to reach a revised size of US$143.4 Billion by 2027, growing at a CAGR of 13.4\% over the period 2020-2027.

Is data center an industry?

The insatiable desire for data to improve business performance is driving the growth of the data center industry. Key factors include: Internet of Things—the U.S. is one of the leading markets for industrial IoT-driven technologies, including artificial intelligence, data and analytics, security, and communication.

How large is the data center market?

The Internet Data Centers market in the U.S. is estimated at US$16 Billion in the year 2020.

What is the role of a data center?

Related Terms. Data center management refers to the role of an individual within the data center (data center manager) who is responsible for overseeing technical and IT issues within the data center. This includes computer and server operations, data entry, data security, data quality control and management of the services…

What is data processing centre or data center?

What Is A Data Processing Centre (Data Center) A central data processing service is commonly used to fill a critical mission on computers and telematics. It generally includes environmental controls (air conditioning system to prevent against fire, etc.), Emergency power and redundant, and a high physical security.

What is data centre efficiency?

Data Center Efficiency improvements deliver energy savings and help you improve ROI of data management, manage increasing energy costs and improve reliability of data center performance. Why Focus on Data Centers? Companies are facing huge growth rates in data storage, resulting in a 20-30\% increase in energy consumption each year – according to the Environmental Protection Agency. The tremendous power required by a data center makes it an ideal place to start when focusing on ways to

What is the definition of data center?

A data center (or datacenter) is a facility composed of networked computers and storage that businesses or other organizations use to organize, process, store and disseminate large amounts of data.