About data center
A data center is a centralized facility for data computing, processing, and storage purposes. It includes high-performance servers, networking equipment, storage arrays, and supporting services such as powering and cooling solutions. Data centers are established by enterprises dealing in cloud-based service offerings. There are also many enterprises that are involved in the construction of data center facilities with modern infrastructure and rent space for large enterprises as well as SMEs, termed as colocation and managed hosting data center facilities. With the evolution of cloud computing and increased use of big data analytics, there are a number of data centers being established to cater to the computing requirements of the enterprises to offer efficient and high availability services.
Technavio's analysts forecast the data center market in Singapore to grow at a CAGR of 14.07% over the period 2015-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the data center market in Singapore. The market can be segmented based on IT equipment, cooling solutions, power management systems, racks, general construction, security, and data center infrastructure management (DCIM).
Technavio's report, Data Center Market in Singapore, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape of the data center market in Singapore and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Data Center Market in Singapore 2015-2019
Technavio recognizes the following companies as the key players in the Data Center Market in Singapore: Amazon Web Services, Digital Realty, Equinix, Google and Microsoft
Other Prominent Vendors in the market are: AT&T, Century Link, IBM, IO, Level 3 Communication, NTT, PEER 1 Hosting, Rackspace, and Verizon.
Commenting on the report, an analyst from Technavio’s team said: “The consumption of electricity by and carbon emissions from data centers are increasing rapidly because of the establishment of the many facilities needed to power growing business requirements. This has prompted the construction of green data center facilities. These facilities include energy-efficient IT and power and cooling infrastructure that reduces electricity consumption and carbon footprints.”
According to the report, the adoption of cloud-based services has increased among end-users in Singapore. The government and private agencies of Singapore have adopted cloud computing and Big Data analytics for better service and ease in making business decisions. The latest technologies designed are all cloud based, which helps in delivering hosted services over the Internet.
Further, the report states that the climate of Singapore is not favorable for data center operations. However, because of the world-class transport, electricity, and telephony infrastructure provided in Singapore, the data center market is booming.
Amazon Web Services, Digital Realty, Equinix, Google, Microsoft, AT&T, Century Link, IBM, IO, Level 3 Communication, NTT, PEER 1 Hosting, Rackspace, Verizon.
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