Overview of the global enterprise storage market
The global enterprise storage market is anticipated to grow rapidly and will post a CAGR of close to 16% during the forecast period. The increasing demand for the cloud-based storage will drive the growth prospects for the global enterprise storage market until the end of 2020. Cloud storage is known and considered to be an effective solution for enterprises worldwide. The size of commercial data varies between small-medium-sized enterprise (SMEs) and large enterprises and requires an efficient platform to store the huge amount of data. Also, with the growing amount of data generated through the Internet of thing (IoT), on-premise storage has become an expensive affair for enterprises. These factors compel the enterprises to move their data to the cloud storage (STaaS) by selecting service providers such as Amazon Web Service, Microsoft Azure, and Google Cloud Platform. Moreover, factors such as reduced cost, better scalability, and high availability have resulted in the increased demand for the cloud-based storage systems.
The growing demand for software-defined storage (SDS) is expected to drive the growth prospects for the global enterprise storage market in the forthcoming years. SDS is a data storage software that helps in data management, data protection, data placement, and input or output capabilities. Some of the factors responsible for its increasing demand is enhanced flexibility, scalability, and automation capabilities of an enterprise storage infrastructure. Also, it reduces the overall storage costs for enterprises by allocating storage resources efficiently.
Competitive landscape and key vendors
The global enterprise storage market witnesses an intensive competitive environment due to the presence of both
Overview of the data center market in Europe
Market research analysts at Technavio have predicted that the data center market in Europe will grow steadily during the next four years and post a CAGR of more than 10% by 2020. This market research analysis identifies the increased use of containerized data center modules as one of the primary factors that will have a positive impact on the growth of the market. With the availability of portable data centers that are pre-installed inside a shipping container, enterprises have started building modular data centers that include several data center container modules in a single facility. These data center modules can host IT, power, and cooling equipment and are available in various sizes depending on the needs of the end-user. Moreover, since these containerized data centers can host a wide range of racks and computing equipment within a container, their deployment time and cost is much lesser than traditional data centers. This will induce enterprises in the region to prefer building modular data centers, in turn, propelling the market’s growth prospects.
One of the major trends that will gain traction in this market is the Increased implementation of software-defined data center (SDDC). SDDC is delivered as a service through virtualization of the physical infrastructure and helps in improving efficiency and reducing operational costs. It also offers higher availability and better security and facilitates the delivery of workloads through the cloud. Due to the need for better control over their operations, enterprises in Europe will start implementing SDDCs, which will in turn, help them reduce their operational
Overview of the global data center network infrastructure market
During the forecast period, the global market for data center network infrastructure will be affected by factors like the increasing virtualization of network infrastructure and will post a CAGR of almost 5% by 2020. Network virtualization is widely adopted by enterprises to enhance agility, improve efficiency and reduce cost. In network virtualization, network resources such as switches, routers, and other network resources such as WAN optimization can be managed as logical resources and offers scalability, improved security, availability, and aids in better management. In recent years, the global market has witnessed an increase in virtualized networking environments. Virtual networks can be programmed, bonded to workloads, and are scalable to demand.
By 2020, the global market for data center network infrastructure will be dominated by the Americas owing to the increasing spend on data centers by companies in the US. Most of the data centers in operation in the US are owned by global CSPs, colocation and managed hosting services vendors, and telecommunication organizations. The high rate of data center construction in the US will result in the data centers becoming software-defined and NFV-enabled facilities, which, in turn, will lead to a higher revenue generation through high-performance network infrastructure adoption.
Competitive landscape and key vendors
This market is highly competitive and is dominated by large multinational conglomerates like Cisco. The growing adoption of network infrastructure that provides higher data transfer rates at cheaper costs will
Overview of the data center liquid immersion cooling market
Extensive research carried out by the market research analysts at Technavio has shown that the global data center liquid immersion cooling market will witness incredible growth and post a staggering CAGR of more than 54% over the forecast period. With the increasing use of modular and containerized data centers, the market for data center liquid immersion cooling is likely to have a positive outlook over the next four years. Most modular and containerized data centers offer maximum efficiency through reduced energy and reduced carbon emissions, which is leading to their augmented demand over the last few years. These data centers are expected to gain significant traction among enterprises in the future because of their effectiveness, and their ability to adapt to variations in temperature and humidity. For instance, containerized data centers that offer PUE of 1.1-1.3 using free-cooling achieve lower efficiency when compared to liquid immersion cooling. Such data centers ensure a significant reduction in energy consumption on immersion in liquid, which is driving their increased adoption, especially in harsh environments and regions with power scarcity.
One of the latest trends spurring this market’s growth is the increasing use of data center infrastructure management (DCIM) systems. DCIM facilitates the management of the cooling through remote software via sensors attached to the cooling systems. The majority of vendors are increasingly focussing on providing DCIM systems to customers as they can remotely
Global market outlook for virtual desktop infrastructure (VDI)
According to Technavio’s market research analyst, the global VDI market will exhibit promising growth and post a CAGR of over 11% by 2021. The preference for workplace flexibility and business agility is a key factor spurring this market’s growth over the forecast period. Globally, the IT environment is changing at a rapid pace, as are business needs and demands. As a result, enterprises have been compelled to continually evolve and streamline their processes to adapt to these changes. Most enterprises also prefer following a smooth workflow irrespective of hindrances, such as time zone barriers and changes in work locations. They also want to ensure access to official and confidential data through the personal devices of their workforce. VDI environment eliminates the need to manage thousands of individual systems and allows centralized management of resources in enterprise data centers or server rooms. Other benefits include higher flexibility, simplified backup operations, greater security control and compliance, faster problem resolving capabilities, rapid deployment of virtualized desktop, and application on-demand to any devices.
In terms of geography, the Americas currently dominates this market and is anticipated to retain its dominant market position by the end of 2020, owing to the growing adoption of smartphones and the increased need for better computing models. In this region, education and healthcare sectors, which were early adopters of virtualization solutions, are witnessing the augmented use of VDI solutions. This trend is likely to spread to other industry verticals like the BFSI and government sectors during the forecast period.
Overview of the global network function virtualization (NFV) market
Technavio’s market research analysts predict the global network function virtualization (NFV) market to grow rapidly at a CAGR close to 33% by 2020. The increasing adoption of internet-connected devices will provide a major boost to the global NFV market. A rise in the number of connected devices will lead to the generation of large blocks of data. The growing popularity of ideas such as connected car, connected home, connected health, and smart cities has led many industries such as manufacturing, utilities, retail, automotive, and social media to use IoT for increased data transfer. NFV can connect and manage the heterogeneous elements of IoT securely. It is adopted by telecom operators to use the power of virtualization and commercial servers, and open software to build, operate and manage these networks. It maintains the network resources by analyzing and managing the traffic flows throughout the network. Moreover, the deployment of VNFs in NFV platforms such as mobile core, DPI, routing, gateways, traffic management, and security provide the opportunity to customize network services for IoT, which also contribute to this market’s growth over the coming years.
One of the recent trends gaining significant traction in the market is the increasing adoption of NFV by enterprises. Initially, telecom operators were the dominant adopters of NFV, but the market for NFV is expected to move towards enterprise cloud and internet service providers over the coming years. Private cloud is also one of the proposed areas for NFV