TechNavio’s analysts forecast that the Global Data Center Outsourcing market will reach $163.0 billion in 2014. One of the key factors contributing to this market growth is decreasing data center outsourcing cost. The Data Center Outsourcing market has also been witnessing integration of cloud computing facilities. However, varying organization policies and compliance issues could pose a challenge to the growth of this market.
Key vendors dominating this market space include HP, IBM, Cisco, and Dell.
TechNavio’s Global Data Center Outsourcing Market 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on Americas, APAC and EMEA and covers the present market and the future growth of the Global Data Center Outsourcing market.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Report HighlightsGovernment Support is Boosting Adoption of Smart Grid Data Management
Research conducted by Technavio reveals, that the global smart grid data management market is expected to grow at a CAGR of 15.6 percent. The report, which focuses on Americas, EMEA and APAC indicates, that the market is currently driven by the government supporting various smart grid initiatives.
“Governments across the globe have been supporting the implementation of smart grids. Funds are being raised to support the deployment of smart meters and thereby implement smart grids. China, for instance, has a nationwide grid extension plan in place. It has incorporated Smart Grid Data Management Software tools in its smart grid,” reports Technavio analyst.
In spite of the need, high cost of installation hinders the growth of this market. However, the technology’s ability to efficiently manage data is expected to drive market growth.
The global smart grid data management market is marked by an emergence of IP-based networks. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global Smart Grid Data Management Solutions 2010-2014 is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: Itron, eMeter., Oracle and ABB.
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