Data Center Infrastructure Market Size, Industry Share, Total Revenue Growth Rate by Key Players Forecast till 2027
The global data center infrastructure market size is projected to reach USD 142.31 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period. Expanding utilization of data centers by companies amid the COVID-19 pandemic is fueling the growth of this market, shares Fortune Business Insights™ in its report, titled “ Data Center Infrastructure Market Size, Share & COVID-19 Impact Analysis, By Component (Solutions, Services), and Regional Forecast, 2020-2027 ”. With work from home becoming a normal practice for most organizations due to the coronavirus, the adoption of data center infrastructures among enterprises has spiked since the pandemic erupted. These systems are enabling companies to effectively utilize cloud computing technologies and ensure the productivity of employees working from remote locations. For example, employees of Cyxtera Technologies, a colocation provider based in Florida, have been accessing company systems through secure solutions provided by Appg