IMARC Group Predicts Global Data Center Server Market to Reach $69B by 2028 Part 2
0:49
IMARC Group Predicts Global Data Center Server Market to Reach $69B by 2028 Part 2 The continuous transfer of data from private servers to cloud-based solutions is currently driving the growth of data center servers in various industries across the globe Data centers can store servers and other equipment, thereby increasing their demand among the cloud service providers to house cloud services and cloud-based resources Most consumers are now planning to increase the use of private and public cloud in the coming years Moreover, various consumers are now transferring data across public cloud and other commercial facilities such as colocation sites, and network provider’s point of the present location This has augmented the demand for the Internet of Things (IoT) which further requires data center servers to include endpoint devices such as integrated compute/storage; intelligent gateway devices and nearby devices such as on-premise data centers and managed hosting sites Other factors elevating the growth of the data center server market include increasing usage of unique client-centric solutions, enhanced security management, and technological innovations