What is Propelling the Expansion of Digital Infrastructure?
Initiating the global expansion and deepening of digital infrastructure is primarily the growth of cloud technologies and data domain centers. This expansion is driven by an increased demand for data storage, efficient data processing, and above all, accessibility of this data at any time and from anywhere. In turn, this stimulates the rapid advancement of technology to meet these needs, hence fueling further growth.
How is this Growth Impacting the Market?
The gleaming side of this dynamic duo - cloud technologies and data centers, embodies considerable implications for the financial market. Enterprises are increasingly shifting their in-house IT infrastructure to cloud-based systems, contributing to a surge in spending in this sector. This not only supports the information technology market but also introduces new business opportunities, including innovating data storage solutions, cloud service vendors and server manufacturers.
What Future Lies Ahead for Global Digital Infrastructure?
With an ever-growing reliance on cloud technologies and data centers, the global digital infrastructure is poised for a significant transformation. This expansion is anticipated to accelerate, potentially leading to the development of more advanced, eco-friendly, and secure data centers. Additionally, the cloud market is predicted to grow exponentially, fuelled by budding technologies like artificial intelligence, edge computing and 5G networks. Therefore, the future of global digital infrastructure is established upon a solid foundation of continuous technological advancement, offering an optimistic prospect for all stakeholders.
Key Indicators
- Global and Regional Data Centre Capacity
- Number of New Data Centre Builds
- Public and Private Cloud Usage Rates
- Cloud Service Providers Market Share
- Internet Traffic Growth Rates
- IoT Device Growth and Penetration
- Telecom and Broadband Infrastructure Development
- Enterprise Adoption of Cloud Services
- Regulations and Policies on Data Storage
- Energy Consumption and Sustainability Efforts of Data Centres
Key Trends
- Growing Adoption of Cloud-First Strategies
- Surge in Demand for Hyperscale Data Centres
- Increasing Deployment of Edge Computing
- Upward Trajectory of Hybrid Cloud Implementation
- Widespread Integration of Artificial Intelligence (AI) and Machine Learning (ML)
- Emergence of 5G and its Impact on Cloud and Data Centre
- Green Computing for Environmental Sustainability
- Emphasis on Disaster Recovery and Security Measures
- Advancements in Quantum Computing for Data Processing
- Escalating Market Competition among Top Cloud Providers