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Data Center and Network Third Party Hardware Maintenance Service Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2022
  • Pages: 128
  • SKU: IRTNTR74537
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The data center and network third party hardware maintenance service market share is expected to increase by USD 2.60 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 13.28%.

This data center and network third party hardware maintenance service market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the data center and network third party hardware maintenance service market segmentation by application (large enterprises and small and medium enterprises) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The data center and network third party hardware maintenance service market report also offers information on several market vendors, including Cisco Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Larsen & Toubro Infotech Ltd., Lenovo Group Ltd., Nlyte Software Ltd., Nokia Corp., NTT Communications Corp., Schneider Electric SE, Siemens AG, Sify Technologies Ltd., Vertiv Holdings Co., Capgemini Service SAS, and Kyndryl Inc. among others.

What will the Data Center and Network Third Party Hardware Maintenance Service Market Size be During the Forecast Period?

Data Center and Network Third Party Hardware Maintenance Service Market Size

Download Report Sample to Unlock the Data Center and Network Third Party Hardware Maintenance Service Market Size for the Forecast Period and Other Important Statistics

 

Data Center and Network Third Party Hardware Maintenance Service Market: Key Drivers, Trends, and Challenges

The rise in data center spending is notably driving the data center and network third party hardware maintenance service market's growth, although factors such as issues related to data center service outsourcing may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the data center and network third party hardware maintenance service industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Data Center and Network Third Party Hardware Maintenance Service Market Driver

The rise in data center spending is one of the factors driving the data center and network third party hardware maintenance service market growth. With the development and growth of data centers, the need to manage data center operations efficiently has increased. The cost of downtime at any data center is estimated at nearly $9,000 per minute. Therefore, it is crucial for data center operators to manage data center operations. Datacenter operators choose data center maintenance and support service providers to reduce costs and maintain data center operations. Such factors will drive market growth during the forecast period.

Key Data Center and Network Third Party Hardware Maintenance Service Market Trend

The growth of hyperscale cloud vendors is one of the key third party hardware maintenance service market trends fueling the market growth. With large volumes of data being generated through IoT and big data, the need for large storage space is rising. As storing data on on-premises platforms is capital-intensive, many enterprises have started moving their data to cloud storage by selecting hyperscale cloud service providers. Storage as a service (STaaS) offered by cloud service providers reduces the initial investments required for building infrastructure and hardware implementation. As maintaining data centers in-house can be time-consuming, cloud service vendors are selecting data center maintenance and support service providers that can improve data center reliability and improve the turnaround time from outages. Such factors are expected to drive the growth of the market during the forecast period.

Key Data Center and Network Third Party Hardware Maintenance Service Market Challenge

Issues related to data center service outsourcing are one of the factors hindering the third party hardware maintenance service market growth. Data center and network third party hardware maintenance service providers offer multiple benefits, such as disaster recovery, data backup, managed power distribution, managed load balancing, hardware installation, and maintenance. Owing to such benefits, the adoption of third-party data center services by large enterprises has increased. However, when data center services are outsourced to data center maintenance and support service providers, organizations rely on the service providers' expertise, resources, and services. Organizations cannot modify and customize data center operations whenever required. Such issues will hinder the market growth during the forecast period.

This data center and network third party hardware maintenance service market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global data center network third party hardware maintenance service market as a part of the global Internet services and infrastructure market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the data center and network third party hardware maintenance service market during the forecast period.

Who are the Major Data Center and Network Third Party Hardware Maintenance Service Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Equinix Inc.
  • Fujitsu Ltd.
  • HCL Technologies Ltd.
  • Hewlett Packard Enterprise Co.
  • Hitachi Ltd.
  • Huawei Technologies Co. Ltd.
  • International Business Machines Corp.
  • Larsen & Toubro Infotech Ltd.
  • Lenovo Group Ltd.
  • Nlyte Software Ltd.
  • Nokia Corp.
  • NTT Communications Corp.
  • Schneider Electric SE
  • Siemens AG
  • Sify Technologies Ltd.
  • Vertiv Holdings Co.
  • Capgemini Service SAS
  • Kyndryl Inc.

 

This statistical study of the data center and network TPM service market encompasses successful business strategies deployed by the key vendors. The data center and network third party hardware maintenance service market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • lntinfotech.com - The company offers data center and network third party hardware maintenance services such as IBM Cloud global data center network that provides the physical infrastructure.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.

Data Center and Network Third Party Hardware Maintenance Service Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the data center and network TPM service market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

Which are the Key Regions for Data Center and Network Third Party Hardware Maintenance Service Market?

Data Center and Network Third Party Hardware Maintenance Service Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

33% of the market’s growth will originate from North America during the forecast period. The US is the key market for the data center and network third party hardware maintenance service market in North America. Market growth in this region will be slower than the growth of the market in Europe and APAC.

The higher investments by hyperscale cloud providers will facilitate the data center and network third party hardware maintenance service market's growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

The outbreak of COVID-19 propelled the growth of the regional market in 2020 and 2021. For instance, in February 2020, Google LLC made an investment of more than $10 billion in offices and data centers across the US. Such initiatives by key market players will substantially drive the growth of the regional market during the forecast period.

What are the Revenue-generating Application Segments in the Data Center and Network Third Party Hardware Maintenance Service Market?

Data Center and Network Third Party Hardware Maintenance Service Market Share

To gain further insights on the market contribution of various segments Request a PDF Sample

The data center and network third party hardware maintenance service market share growth in the large enterprise segment will be significant during the forecast period. The large enterprise segment was the dominant segment of the market in 2021, and it is expected to remain the same during the forecast period. The main factor that drives the growth of the large enterprise segment is the increasing demand for hardware maintenance services, which are essential for smooth workflows in data centers and networks across the enterprise for diverse industries, such as manufacturing, logistics, and banking and finance.

This report provides an accurate prediction of the contribution of all the segments to the growth of the data center and network TPM service market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Data Center and Network Third Party Hardware Maintenance Service Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 13.28%

Market growth 2022-2026

$2.60 billion

Market structure

Fragmented

YoY growth (%)

12.68

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 33%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Cisco Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Larsen & Toubro Infotech Ltd., Lenovo Group Ltd., Nlyte Software Ltd., Nokia Corp., NTT Communications Corp., Schneider Electric SE, Siemens AG, Sify Technologies Ltd., Vertiv Holdings Co., Capgemini Service SAS, and Kyndryl Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Data Center and Network Third Party Hardware Maintenance Service Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive data center and network third party hardware maintenance service market growth during the next five years
  • Precise estimation of the data center and network third party hardware maintenance service market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the data center and network third party hardware maintenance service industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of data center and network third party hardware maintenance service market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Large enterprises - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Large enterprises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Large enterprises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Large enterprises - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Large enterprises - Year-over-year growth 2021-2026 (%)
    • 5.4 Small and medium enterprises - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Small and medium enterprises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Small and medium enterprises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Small and medium enterprises - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Small and medium enterprises - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 36: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Capgemini Service SAS
              • Exhibit 89: Capgemini Service SAS - Overview
              • Exhibit 90: Capgemini Service SAS - Business segments
              • Exhibit 91: Capgemini Service SAS - Key news
              • Exhibit 92: Capgemini Service SAS - Key offerings
              • Exhibit 93: Capgemini Service SAS - Segment focus
            • 10.4 Cisco Systems Inc.
              • Exhibit 94: Cisco Systems Inc. - Overview
              • Exhibit 95: Cisco Systems Inc. - Business segments
              • Exhibit 96: Cisco Systems Inc. - Key news
              • Exhibit 97: Cisco Systems Inc. - Key offerings
              • Exhibit 98: Cisco Systems Inc. - Segment focus
            • 10.5 Dell Technologies Inc.
              • Exhibit 99: Dell Technologies Inc. - Overview
              • Exhibit 100: Dell Technologies Inc. - Business segments
              • Exhibit 101: Dell Technologies Inc. - Key news
              • Exhibit 102: Dell Technologies Inc. - Key offerings
              • Exhibit 103: Dell Technologies Inc. - Segment focus
            • 10.6 Equinix Inc.
              • Exhibit 104: Equinix Inc. - Overview
              • Exhibit 105: Equinix Inc. - Business segments
              • Exhibit 106: Equinix Inc. - Key offerings
              • Exhibit 107: Equinix Inc. - Segment focus
            • 10.7 Fujitsu Ltd.
              • Exhibit 108: Fujitsu Ltd. - Overview
              • Exhibit 109: Fujitsu Ltd. - Business segments
              • Exhibit 110: Fujitsu Ltd. - Key offerings
              • Exhibit 111: Fujitsu Ltd. - Segment focus
            • 10.8 HCL Technologies Ltd.
              • Exhibit 112: HCL Technologies Ltd. - Overview
              • Exhibit 113: HCL Technologies Ltd. - Business segments
              • Exhibit 114: HCL Technologies Ltd. - Key offerings
              • Exhibit 115: HCL Technologies Ltd. - Segment focus
            • 10.9 Hewlett Packard Enterprise Co.
              • Exhibit 116: Hewlett Packard Enterprise Co. - Overview
              • Exhibit 117: Hewlett Packard Enterprise Co. - Business segments
              • Exhibit 118: Hewlett Packard Enterprise Co. - Key news
              • Exhibit 119: Hewlett Packard Enterprise Co. - Key offerings
              • Exhibit 120: Hewlett Packard Enterprise Co. - Segment focus
            • 10.10 Hitachi Ltd.
              • Exhibit 121: Hitachi Ltd. - Overview
              • Exhibit 122: Hitachi Ltd. - Business segments
              • Exhibit 123: Hitachi Ltd. - Key news
              • Exhibit 124: Hitachi Ltd. - Key offerings
              • Exhibit 125: Hitachi Ltd. - Segment focus
            • 10.11 Huawei Technologies Co. Ltd.
              • Exhibit 126: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 127: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 128: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 129: Huawei Technologies Co. Ltd. - Segment focus
            • 10.12 International Business Machines Corp.
              • Exhibit 130: International Business Machines Corp. - Overview
              • Exhibit 131: International Business Machines Corp. - Business segments
              • Exhibit 132: International Business Machines Corp. - Key offerings
              • Exhibit 133: International Business Machines Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 134: Inclusions checklist
                • Exhibit 135: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 136: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 137: Research methodology
                • Exhibit 138: Validation techniques employed for market sizing
                • Exhibit 139: Information sources
              • 11.5 List of abbreviations
                • Exhibit 140: List of abbreviations
              • Engineering and Research and Development Services

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Data Center and Network Third Party Hardware Maintenance Service market growth will increase by $2609.86 million during 2022-2026.
                The data center and network third party hardware maintenance service market is expected to grow at a CAGR of 13.28% during 2022-2026.
                Technavio has segmented the data center and network third party hardware maintenance service market by application (large enterprises and small and medium enterprises) and geographic (North America, Europe, APAC, South America, and Middle East and Africa).
                Cisco Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Larsen and Toubro Infotech Ltd., Lenovo Group Ltd., Nlyte Software Ltd., Nokia Corp., NTT Communications Corp., Schneider Electric SE, Siemens AG, Sify Technologies Ltd., Vertiv Holdings Co., Capgemini Service SAS, Kyndryl Inc. are a few of the key vendors in the data center and network third party hardware maintenance service market.
                North America will register the highest growth rate of 32.69% among the other regions. Therefore, the data center and network third party hardware maintenance service market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the data center and network third party hardware maintenance service market growth are:
                • Rise in data center spending
                • Growth of hyperscale cloud vendors
                The data center and network third party hardware maintenance service market vendors should focus on grabbing business opportunities from the large enterprises segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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                • Five-force market analysis

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