Cloud Database Market COVID – 19 Impact Analysis market highlights, scope, Competitive Outlook Forecast Till 2027

 Market Highlights

Cloud database is a database service which can be used in storing and managing files through the cloud. Enterprises can host databases on the cloud without access to hardware. The ability to scale business at a rapid pace using cloud is likely to lead to its adoption by businesses of all sizes. The global cloud database market report compiled by Market Research Future (MRFR) evaluates various growth opportunities and trends amid the COVID-19 pandemic and changes in business models for the period of 2020 to 2027 (forecast period).

Market Scope

The global cloud database market is expected to reach USD 21.66 billion growing at 46.78% CAGR over the forecast period. The advent of internet of things (IoT) and rise of cloud computing are major drivers of the market. Implementation of cloud databases for improving service, lowering cost, and expediting services can benefit the market. Rise in digitization of data and the move towards cloud by organizations of all sizes can be a golden opportunity for cloud database providers.

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Rise of application development and mass computing can drive the adoption of cloud databases by organizations making it easier for app developers in storing, migrating, and sharing data. The virtual nature of cloud databases allow it to recover from crashes and failures in programs quicker and the disposability nature can drive the market demand in the global cloud database market. It can cover machines and entire data centers.

But concerns of data security can impede market growth.

Competitive Outlook

SAP AG, CenturyLink, CSC (Computer Science Corporation), Salesforce.com Inc., Google Inc., Oracle, Amazon.com, Rackspace Inc., IBM, and Microsoft are key players in the global cloud database market.

Segmentation

By database, the cloud database market is divided into SQL database and NoSQL database.

By model, this market is segmented into service model and deployment model. By service model, the market is further segmented into private cloud, virtual private cloud, public cloud, and hybrid cloud. Deployment model segmentations include infrastructure as a service (IaaS), database as a service (DBaaS), and platform as a service (PaaS). By deployment model, the DBaaS segment can provide security to data with tight surveillance and software upgrades designed to maintain the integrity of data stored in the database.

By component, the market is segmented into software and service. By software the market is segmented into database application builder, database encryption, data scaling and replication, backup and recovery, and others. By service, the market is segmented into training and consulting service, system and network integration service, and deployment and maintenance service.

By organization size, the market is segmented into large enterprise and small and medium-sized enterprise.

By end-user, the market is segmented into academic, BFSI, healthcare, IT and telecom, government, and others.

Regional Analysis

The regional analysis of cloud database market is considered for North America, Europe, Asia-Pacific, and the rest of the world.

Implementation of IoT and increasing adoption of cloud-based services in North American countries such as the US and Canada is expected to dominate the cloud database market during the assessment period. Several investments and research and developments are taking place in the US owing to the increasing need for cloud database by the IT companies. This in turn ensures an enhanced cloud infrastructure coupled with the provision of network security for the cloud database users.

Increase in the adoption of security based applications in Asia-Pacific is expected to enhance the cloud database market. Hence, Asia-Pacific is expected to be the fastest growing region in the market during the forecast period. Europe is expected to witness a significant growth in the market owing to the growing need for managed database solutions from the prominent IT companies investing in the European markets.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Forensic Accounting Market COVID-19 Impact analysis, Business Revenue, Future Scope, Market Trends, Key Players and Forecast To 2027

 Market Analysis 

Market Research Future (MRFR) projects the global forensic accounting market to reach USD 8.85 billion at an 8.2% CAGR from 2020 to 2027 (forecast period).

Increasing Need for Tools that Provide End-to-End Investigative Solutions

Vendors in this industry provide forensic investigators with an integrated software suite, toolkits, and services. AccessData, for example, provides a forensic toolkit that enables faster searches and substantially faster analysis. Similarly, ACL Services Ltd provides audit analytics and monitoring software to assist investigators in auditing and managing financial data. A variety of end-users, including financial organizations, insurance companies, and accounting firms, have used such software to perform effective investigations. For example, Grant Thornton Forensic Services B.V., a global accounting, tax, and consultancy firm, employed AccessData's forensic toolbox to carry out its investigation operations smoothly. Similarly, several other investigators are effectively analyzing financial scams utilizing a variety of technological tools and solutions. Despite the driving forces that are increasing the market, a few factors are also hindering the industry's growth. The use of freely available tools by investigators is one such factor. These tools are freely available online, and investigators in small and medium-sized businesses frequently use them.

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Market Segmentation

The global forensic accounting industry has been segmented on the basis of components and end-user.

Based on the component, the global forensic accounting market has been segmented into solutions and services. The solution segment consists of forensic tools/software, audit/accounting software, and others. The services segment consists of additional professional services offered by the solution providers. These services involve training, consulting, and support services. 

Based on end-user, the global forensic accounting market has been segmented into banking and insurance, law enforcement agencies, government, accounting firms, and others. 

Regional Analysis

North America to Lead the Global Market

In terms of market share, North America dominates the forensic accounting market. High adoption of such tools and software by various government agencies and accounting companies is one of the reasons driving market expansion. Furthermore, due to the existence of a number of vendors in North America offering comprehensive solutions to organizations, North America has the largest market share.

Europe to Follow North America

Europe comes in second place in the market. Europe is divided into the United Kingdom, Germany, France, Spain, Italy, and the rest of Europe. The UK is expected to obtain the most market share, followed by Germany and France, according to the MRFR report. The increased demand for effective investigation is the primary element driving the region's market expansion.

Key Players

Notable players of the global forensic accounting industry are Galvanize, CaseWare IDEA, Passware, Fulcrum Management, Nuix, Arbutus Software Inc., Cygna Labs Corp, e-fense, OpenText, Cellebrite, Sama Audit Systems & Software Pvt Ltd, and AccessData.

Industry News

In June 2019, IGP Capital agreed to invest USD 110 million in Cellebrite Mobile Synchronization Ltd, a provider of digital intelligence solutions to law enforcement, government, and enterprise industries.

In August 2019, Felician University and Cellebrite teamed to provide two courses, Introduction to Mobile Forensics and Mobile Forensic Data Analysis, to provide veterans with crucial skills for their cybersecurity and digital intelligence tasks.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Enterprise Data Integration Market COVID-19 analysis, Market Dynamics, Challenges, Regional Insight by forecast 2027

 Market Dynamics 

Enterprise data integration market 2020 is all set to attain a strong valuation of USD 3.90 billion by 2027, affirms Market Research Future (MRFR). MRFR also reckons that the market size can advance at a rate of 12.6% from 2020 to 2027, which is the assessment period. We will provide covid-19 impact analysis with the report. The COVID-19 impact on the market has been studied in the report, which offers an in-depth analysis post the coronavirus disease outbreak. 

COVID-19 Analysis

The COVID-19 pandemic has given a massive boost to technological trends, which were already advancing tremendously in recent years. For instance, cloud services have gained more popularity now than ever before, post the SARS-CoV-2 outbreak. The impact of the COVID-19 outbreak has been notable, with the work-from-home model gaining traction to maintain business operations. Moreover, there has been a significant surge in traffic, be it on Zoom or Netflix due to the increasing online content consumption after the lockdown imposed in several countries.

The enterprise data integration solutions market has been a big gainer since the advent of the novel coronavirus, given the growth of cloud computing and the increased need for business analytics among enterprises. Moreover, since the onset of the pandemic, the enterprise data integration market has observed an increase in acquisitions, mergers and partnerships between acclaimed players; strategies that the companies are leveraging to solidify their position.

To cite a reference, in June 2020, Alation entered a partnership with Databricks, a unified analytics platform provider for AI and data, to devise more number of data science-led innovations. The companies are working on a data integration software that can offer a platform to the data teams to identify and benefit from the ideal data for data science as well as analytics, discover cloud data lakes, and work together on data to develop top quality predictive models along with business insights.

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Primary Drivers and Main Challenges 

In the past couple of years, data integration market has been riding high, as a result of the increasing use of computers and various portable devices such as tablets and smartphones across diverse industries. Several enterprises are progressively adopting the latest technologies in an attempt to achieve useful data insights for their business, which has led to stupendous market growth across the world.

The accelerated uptake of IoT-based technologies, industrialization, cloud computing and digitalization is induced considerable need for better quality data integration tools, whether for cloud, hybrid or legal workflow processes, which has caused a significant boom in the worldwide market.

Market Segmentation 

The enterprise data integration industry can be narrowed down to segments like component, deployment, organization size, business application as well as end user.

The key components analyzed in the market study are services and software/tools. The service types considered in the report are professional services and managed services.

The categories depending on deployment include cloud-based along with on-premise.

The organization size ranges included in the market research are large enterprises and small & medium enterprises/SMEs.

The business applications of data integration technology include sales, marketing, finance, human resources and operations.

Some of the key end-users in the worldwide market are manufacturing, energy and utilities, healthcare, retail, BFSI, media and entertainment, IT and Telecom, and more.

Regional Insight 

North America, APAC/Asia Pacific, Europe, and RoW/the rest of the world are the main markets for enterprise data integration.

North America is currently in the lead out of all the regions, given the high demand for integration tools among various industries to streamline and extract data. Technical advancements are quite frequent in the region, with high prevalence of technologies like IoT, big data, cloud computing, artificial intelligence, and more, which causes generation of massive volumes of data. A sizeable portion of the global tech giants is headquartered in North America, some of which include IBM Corporation, Oracle Corporation, Microsoft Corporation, and others, who offer a wide range of tools, software and services to enterprises. This presents a lucrative outlook for the enterprise data integration market in the region.

Europe has clinched the second position in the global market, thanks to the large number of financial companies present in the region that are responsible for the generation of colossal volumes of data. The high number of research centers across the region also warrants major market growth. BFSI remains the top end-user in the regional market, while Germany remains at the vanguard of the business growth.

The fastest expansion rate can be procured by the APAC market, with the top growth boosters believed to be the increasing technology-based innovations and the surge in data generation in line with rising digitalization across industries. A majority of the players in the region are concentrating on building advanced data integration software and tools to cater to industries that desire to extract valuable data from the unorganized structure, leading to higher market expansion.

The RoW market, comprising the Middle East & Africa/MEA and South America, can advance at a notable rate in the ensuing years. The expanding industrial sector in the region and the increasing expenditure by the telecom and IT companies on data integration services and tools can benefit the market to a large extent. The RoW market is led by MEA, which can also attain the fastest expansion rate over the appraisal period. 

Prominent Competitors 

MRFR lists the prominent competitors in the market as Information Builders Inc. (US), Oracle Corporation (US), Pitney Bowes Inc. (US), HVR Software Inc. (US), SAS Institute Inc. (US), Informatica Corporation (US), Cisco Systems, Inc. (US), SAP SE (Germany), Denodo Technologies (US), IBM Corporation (US), Microsoft Corporation (US), Syncsort Incorporated (US), Actian Corporation (US), Attunity Ltd. (US), Talend Inc. (US), to mention a few.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Enterprise Data Warehouse (EDW) Market COVID – 19 Impact Analysis, Market Overview, Segments and Regional Forecast To 2027

 Market Overview

In its research report, Market Research Future (MRFR), emphasizes that over the review period, the global Enterprise Data Warehouse (EDW) market 2020 is projected to rise exponentially, securing a significant market valuation and a healthy CAGR.Drivers and Restraints

Enterprises have enormous volume of data and lack effective tools to analyze the threats that render fraudulent activities unnoticed, particularly in the supply chain phase. The identification of fraud and the control of risks are among the major problems facing vertical industry. Large companies have implemented several techniques to avoid risks to business records. The vital and organized records of organizations are housed in the organisation's data warehouse. Therefore, implementing a cost-effective, cloud-based solution is likely to boost the fraud detection market in the enterprise data warehouse industry. Enterprises have started to embrace cloud-based delivery strategies to protect their business records. Private clouds provide flexibility along with expanded control rates over corporate data and applications. In the digital age of today, the amount of data increases exponentially in an organization.

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Decreasing processing power and online storage costs and rising business applications implementation are key factors that promote this development. Rising in the big data trend of the company leads to increased analytics demand which is expected to boost market growth. It is anticipated that increased demand for high-speed analytics and low latency along with a increasing role of business intelligence in business management would drive market demand. The deployment of these applications could become increasingly complex and time consuming because the data for these applications is dispersed throughout the enterprise, stored in many different formats, and may even reside on many different platforms. In addition, the constant changes in the business environment foster endless business users requests for new information. The emerging warehousing centers are expected to implement new versatility framework along with the introduction of up-to-date information and sources that tackle challenges such as complexity, range, distance, and speed. Insufficient time to develop in-house software is expected to drive market growth with budget constraints for IT along with cost advantages linked to on-demand software subscription. Difficulties in improving and maintaining data quality, however, may serve as a major challenge to market growth.

Segmental Analysis

Segmentation by Methods comprises information processing, gdata mining , analytical processing. 

Segmentation by deployment comprises on-premise and on-cloud deployment.

Segmentation by vertical comprises BFSI, IT and telecommunications, manufacturing, retail, government and others.

Regional Analysis

The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.

North America is predicted as the leading business area followed by Europe. Because of increased knowledge of data management, data governance compliance and also the growing need for better data management to create relationships between various heterogeneous variables required to frame an organization's strategic policies Due to the early adoption of data warehouse as a service as well as major initiatives taken by market players in the form of collaborations with various technology players in the region, North America constitutes the largest market share. The US and Canada are two influential North American markets that see the robust adoption of emerging technology, such as applications for cloud data warehouse. Asia Pacific is considered to be market-oriented emerging area.

Competitive analysis

 The main players in the world market as defined by MRFR are ABB ltd (Switzerland), Accenture PLC (Ireland), Informatica (US), SAS Institute, Inc.(U.S.), Teradata Corporation (U.S.), Symantec Corporation (U.S.), IBM Corporation (U.S.), Oracle Corporation (U.S.), Intel Security (U.S.), SAP SE (Germany).

Industry News:

In September 2020, Majesco (NASDAQ: MJCO), a global leader in the field of cloud insurance software solutions for various insurance business transformation, revealed that they had joined hands with CapSpecialty, a company known for its service in specialty insurance for SMEs in the U.S., to upgrade Majesco Billing for P&C to Version 11 on Majesco CloudInsurer. Also, they have implemented tools like Majesco Enterprise Data Warehouse (EDW) and Majesco Digital1st Electronic Billing and Payments (EBP) applications. 

In August 2020, a hybrid cloud data warehouse company Yellowbrick Data declared that Sotero, an enterprise data protection provider, joined the company’s partner program. The companies have finished their technical integration and certification to provide enterprises with robust and simple-to-use data protection encompassing security, compliance, and privacy. The Yellowbrick and Sotero solution is now available. Yellowbrick has the only modern data warehouse that has been designed exclusively for the hybrid cloud. Sotero’s expertise in offering comprehensive data security and protection removes operational and maintenance headaches in various deployment scenarios.

The global market report on the enterprise data warehouse market share shows that the incorporation of this technology is slated to grow multifold after the healthcare sector witnessed a severe crisis in operation during the COVID-19 pandemic.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Graph Analytics Market COVID-19 impact, Market Highlights and Regional Assessment and Forecast Till 2027

 Market Synopsis

The analysis of MRFR reveals that the Global Graph Analytics Market is slated to register a CAGR of 31.6% during the review period and reach a value of USD 2,885.2 Million in 2027.

Market Highlights

The that need for real-time analyses of data and the convergence of the Internet of Things ( IoT), artificial intelligence, and block chain technologies are major factors that drive market growth. An additional factor driving the global graph analytics market is the growing demand for the analysis of low-latency queries. In addition, the lack of technical skills regarding graph analytics is expected to be a challenge to this market's growth. The rising need to identify complex patterns and the rapid use of Big Data Analytics virtualisation are the opportunities for the graph analysis market.

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Segmentation

The Global Graph Analytics Market has been segmented based on Deployment Type, Application, Organization Size, Vertical, Component, and Region/Country.

The global market in graph analytics was divided into solution and service by Component. The service segment was further divided into consulting, system integration, and maintenance and support.

The global graph analytics market was split into cloud and on-premise by Deployment Type. Most vendors in the graph analytics market offer cloud-based maintenance solutions to make maximum profits and effectively automate the process of maintenance of the equipment. It is expected that the adoption of cloud-based graph analytics solutions will increase due to benefits such as easy data maintenance, cost-effectiveness, scalability and effective management of these solutions.

The global graph analytics market was divided into small and medium-sized enterprises ( SMEs) and large enterprise segments, based on Organization Size.

The global graph analytics market, based on Application, was divided into risk and compliance management, customer analytics, route optimization, recommendation engines, fraud detection and others. The segment of route optimisation is expected to be the fastest growing segment on the market due to the increasing need to find the fastest and safest route in verticals, such as supply chain and logistics, transport, retail and eCommerce.

Based on Vertical, the global graph analytics market has been segmented into transportation & logistics, banking, financial services & insurance, healthcare & life sciences, government, telecom, retail and e-commerce, manufacturing,and others. 

Regional Assessment

It is estimated that the Global Graph Analytics Market will record a CAGR of 31.6 per cent over the forecast period. Europe, Asia-Pacific, Middle East & Africa , North America, and Latin America performed the regional study of the global graph analytics sector.

North America has the largest market share as the key players in this region have been world leaders in technology advancement. Due to the high implementation of digital transformation, the US leads the market in North America; and the use of modern technologies such as big data and analytics, and the country's high adoption of cloud-based technologies.

Due to the high need for real-time data analysis between companies across verticals, Europe is expected to be the second-largest market during the review period. During the forecast period Asia-Pacific is expected to be the fastest-growing market on the global graph analytics market. The increasing demand for analysis of low-latency queries is the key driver for market growth in the Asia-Pacific region.

Key Players

The Key Players in the Global Graph Analytics Market are Linkurious (France), Objectivity (UK), Neo4j (US), Graphistry (US), Dataiku (US), TIBCO Software (US), Teradata (US), Microsoft Corporation (US), Lynx Analytics (Singapore), IBM Corporation (US), AWS (US), Cray, Inc. (US), TigerGraph (US), DataStax (US), and Oracle Corporation (US). 

The other players in the global graph analytics market include Kineviz (US), Franz (US), Tom Sawyer Software (US), and Expero (UK).

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Computer-Aided Design (CAD) Market COVID – 19 Analysis, Top Impacting Factors, Leading Players, Segments Analysis and Growth by Forecast to 2027

 Industry Insights

In the uncertain time of COVID-19, Market Research Future has come with the latest study on the global Computer-Aided Design (CAD) Market 2020. The survey enclosed the impact of COVID-19 on the economy. On this, MRFR reveals the global market earlier achieved a valuation of USD 7.47 Billion in 2020 and would scale up to USD 14.18 Billion by 2027. This valuation could achieve while at a pace of 10.0% growth rate. The evaluation of the escalation would take place during the years (2020 to 2027)—the forecasted period.

Top Impacting Factors

The acceptance of CAD design platform in assorted manufacturing industries and disciplines to generate models and drawings is the foremost driver for the development of the global CAD market. The mounting adoption of virtual platforms for product development in manufacturing industries is likely to motivate the consumption of CAD software. 

The CAD-based designs are used throughout the life cycle of a product and at different stages such as concept verification, design verification, and failure verification. The manufacturers adopt the execution of CAD software in the product development phase as it aids in improving the quality of the product. The CAD-based designs are extensively used in the automotive industry, and the OEMs are consistently focusing on advancing the design parameters. The rapid growth in the automotive industry is what expected to propel the growth of the global CAD market for future timeframe.

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On a similar note, the emerging era of digitalization of the manufacturing process has led to the surged efficiency of the product development process. Before the era of digitalization, the designs of the prototype were drafted manually that led to the delay in the production time and were manually calculated. However, with the introduction of computer-aided design software packages, not only the efficiency of the designing and production process has enhanced, but it also led to more creativity in the designs by various engineers and designers. The digitalization of designs has now allowed the designers to explore and innovate products in multiple end-user industries such as healthcare, automotive, electronics and electrical, and among others.

The absolute rise in aerospace and defence industry, building and construction industry, industrial machinery industry and more have influenced the growth of global computer-aided design market. On the contrary, the factor of rising security concerns over cloud-based CAD solution and the emergence of building information modelling (BIM) might create hindrance to the growth of the computer-aided design market in the forecast period.

Leading Segments

The global computer-aided design market has been segmented among technology type, component, deployment mode, application, and industry.

In terms of the technology segment, the market has included 3D technology and 2D technology. 

In terms of component, the market has included software and services. Among these, the services have been sub-divided into system integration services, training and implementation services, installation services, and other support services.

In terms of deployment model, the market has included cloud and on-premise.

Furthermore, the application segment has included 3D printing, surface modelling, part assembly, reverse engineering, and others.

In terms of industry, the market has included electrical and electronics, automotive, energy and materials, civil and construction, media and entertainment, industrial equipment, and others.

Leading Regions

The global CAD market has been studied into main regions, namely North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. 

Europe grabs the significant share in the global CAD market owing to the incidence of the well-established automotive industry in the region. North America also grabs a significant share of the global CAD market in support of the rising adoption of cloud-based mechanical CAD software in the mechatronics industry. This is anticipated to boost the growth of the CAD market in the region. 

APAC is likely to project significant growth during the assessment period. There is a rise in investments in the healthcare industry and the rapid adoption of CAD designs for the development of medical devices in the region. Also, the brisk growth of the automotive industry is projected to boost the escalation of the CAD market in the region. In the APAC region, Japan owns a significant share in robotics and mechatronics industry, which is probable to boost the growth of the CAD market in the country.

Leading Players

Some of the primary players in the global CAD market are Trimble Inc (US), Autodesk, Inc (US),  Bentley Systems, Incorporated (US), Dassault Systèmes  (France), Siemens PLM Software (France), PTC  (US), Hexagon AB (Sweden), Encore Software (US), CAD International (Australia), TurboCAD (US), Corel Corporation, (Canada), Graebert GmbH (Germany), ZWSOFT Co., Ltd (China), SmartDraw, LLC (US), and ANSYS, Inc. (US).

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

Read More

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https://www.techsite.io/p/2499496

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Data Colocation Market COVID – 19 Outbreak, Market Analysis, Key Players and Regional Forecast till 2027

 Market Analysis 

The global data colocation market is predicted to touch USD 51 billion at a healthy 12% CAGR between 2020- 2027, states the recent Market Research Future (MRFR) analysis. Data center colocation, simply put, is a process to rent out network bandwidth, physical space, and other resources by a company in an existing data center. This process allows sharing the resources of the existing data center for hosting and deploying data center solutions for external organizations. Large scale and small scale are the different service types, while server and storage, cooling units, network hardware, and others are its different components. Owing to its alluring features and plentiful benefits, data colocation has wide applications in energy, government, healthcare, IT and telecom, banking and insurance, and others. 

Various factors are propelling the global data colocation market share. According to the recent MRFR report, such factors include the growing need for scalable data centers, increasing data center complexities, reduced overall IT expenditure, and growing adoption of online shopping. Additional factors adding market growth include the rise in smartphone users, the need to cut down operational cost and capital expenditure, availability of wide choices for small companies, full control of server, required power backup, and security of information. 

On the contrary, stringent government policies and regulations, location restraints for colocation facilities, high start-up and maintenance costs, and the on-going COVID-19 impact are factors that may limit the global data colocation market growth over the forecast period.

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Impact of COVID-19

The outbreak of the COVID-19 pandemic has impacted the global economy severely as it has affected various sectors such as BFSI, energy, and IT & telecom significantly. The pandemic has led to lockdown restrictions being imposed in the majority of the countries around the world, which has resulted in supply chain disruptions in the industrial sector. Additionally, the pandemic has resulted in the shutting down or halting of manufacturing units, delays in the completion of several projects, and among other adverse effects. Thus, the global market has been severely impacted by the COVID-19 pandemic. However, the data colocation market is growing at a significant rate owing to the rising demand for data collection, analysis, and storage. Such factors showcase a strong demand for data centers. Companies such as Microsoft Corporation, Facebook, Google Inc., Verizon, Zoom, and Netflix have seen a huge surge in data traffic due to the lockdown restrictions implemented worldwide. However, the outbreak of COVID-19 and strict lockdown measures have posed several challenges across industries. These abovementioned factors are expected to influence the data colocation market over the next few months.

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global data colocation market based on end users, components, and service type. 

By service type, the global data colocation market is segmented into large scale and small scale. Of these, the large scale segment will lead the market over the forecast period. 

By components, the global data colocation market is segmented into server and storage, cooling units, network hardware, and others.

By end users, the global data colocation market is segmented into energy, government, healthcare, IT and telecom, banking and insurance, and others. Of these, the IT and telecom segment will dominate the market over the forecast period. 

Regional Analysis

Based on the region, the global data colocation market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). Of these, North America will have the lions share in the market over the forecast period. The growing number of data center needs in IT capacity, presence of top data center service providers, use of advanced infrastructural architecture, and the rising adoption from different industries including BFSI, government, and others are adding to the global data colocation market growth in the region. 

The global data colocation market in the APAC region is predicted to grow at a fast pace over the forecast period. The surging rise in data production and the booming telecom and IT sector is adding to the global data colocation market growth in the region. 

The global data colocation market in Europe is predicted to have sound growth over the forecast period. Increasing investments by top industry players are adding to the global data colocation market growth in the region. 

Key Players 

Leading players profiled in the global data colocation market report include American Telephone & Telegraph, Inc. (U.S.), DuPont Fabros Technology, Inc. (U.S.), Interxion Holding NV (Netherlands, Europe), Verizon Communication, Inc. (U.S.), KDDI Telehouse Corporation (Japan), Global Switch Corporation (UK), CoreSite Realty Corporation(U.S.), CenturyLink, Inc.(U.S.), SunGard Availability Services (U.S.), and Equinix, Inc. (U.S.). Industry players have incorporated strategies such as acquisitions, partnerships, mergers, joint ventures, collaborations, new product developments, strategic alliances, and contracts, among others, to stay at the forefront. 

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

Read More

https://www.techsite.io/p/2499524

https://www.spoke.com/topics/enterprise-data-integration-market-covid-19-analysis-market-dynamics-challenges-regional-insight-by-forecast-2027-611ba88c289320ef2202203d

https://www.articletrunk.com/enterprise-data-integration-market-covid-19-analysis-market-dynamics-challenges-regional-insight-by-forecast-2027-2/

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

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Phone: +1646 845 9312

Email: sales@marketresearchfuture.com