Global Composable Infrastructure Market

The healthcare cloud computing market consists of the sales of healthcare cloud computing services by entities (organizations, partnerships, and sole proprietors) that use remote servers accessed through the internet to store, manage, and process healthcare-related data. Healthcare cloud computing allows professionals and individuals to maintain electronic medical records for storing information about patient interactions, reduce data storage costs, offer superior data security, and more.  The main healthcare cloud computing deployment models include private cloud, hybrid cloud, and public cloud. A private cloud is a model of cloud computing where the infrastructure is dedicated to a single user organisation and offers more control over and better security for private cloud servers. These healthcare cloud computing services are used by end users such as healthcare providers and healthcare payers. The different pricing models include pay-as-you-go and spot pricing. The different healthcare cloud computing service models include software-as-a-service (SaaS), infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS), which are used for applications that include clinical information systems and non-clinical information systems. The global healthcare cloud computing market size is expected to grow from $28.36 billion in 2021 to $32.78 billion in 2022 at a compound annual growth rate (CAGR) of 15.60%. The change in the healthcare cloud computing market growth trend is mainly due to companies' stabilising their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The market is expected to reach $58.88 billion in 2026 at a CAGR of 15.77%. The rise in the adoption of information technology in the healthcare sector is significantly driving the growth of the healthcare cloud computing market. Information technology has paved the way for more precise healthcare services that help patients attain easy and quick access to various healthcare facilities. The most common examples of health information technology are electronic health records (EHRs), e-prescriptions, and other tech tools that help patients meet health goals such as managing blood sugar levels or quitting smoking. According to the 2021 Accenture health and life science experience survey of 1,800 people in the United States, nearly 26% said their access to healthcare has been even better with digital adoption since the onset of the COVID-19 pandemic. Thus, a rise in the adoption of information technology in the healthcare sector is expected to drive the market. Technological advances in healthcare infrastructure are a key trend gaining popularity in the healthcare cloud computing market. Major companies operating in the healthcare cloud computing sector are focused on developing new technological solutions to strengthen their position. For instance, in September 2021, US-based neuroscience software company, MetaCell, introduced MetaCell Cloud Hosting, offering advanced cloud computing solutions to facilitate research and innovation in life science and healthcare organisations of all sizes. In July 2019, IBM, a US-based company that provides computer hardware, software, and hosting and consulting services, acquired Red Hat for $34 billion. Through this acquisition, Red Hat will be part of IBM's expanding hybrid cloud portfolio and enable the development of a next-generation multi-cloud hybrid platform. Red Hat is a US-based company that provides software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. IBM, Carestream Health, athenahealth, Siemens Healthineers, GE Healthcare, Cisco Systems Inc., Iron Mountain Inc., Microsoft Corp., Oracle Corp., Care Cloud Corporation, ClearDATA, Dell, Agfa-Gevaert N.V., VMware, Inc., and Allscripts Healthcare Solution Inc. are major players in the healthcare cloud computing market. Asia-Pacific was the largest region in the healthcare cloud computing market in 2021. North America is expected to be the fastest-growing region in the global healthcare cloud computing market during the forecast period. The regions covered in the global healthcare cloud computing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the healthcare cloud computing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global healthcare cloud computing market is segmented - 1) By Deployment Model: Private Cloud, Hybrid Cloud, Public Cloud 2) By End-User: Healthcare Providers, Healthcare Payers 3) By Pricing Model: Pay-As-You-Go, Spot Pricing 4) By Service Model: Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) 5) By Application: Clinical Information System, Non-Clinical Information System

The digital transformation market consists of sales of digital transformation solutions by entities (organizations, sole traders, and partnerships) that are used to develop new or adapt current company processes, culture, and consumer experiences. Digital transformation is referred to as the process of using digital technology to create new or alter existing business processes, culture, and consumer experiences. It is the redesigning of business in the digital age. Cloud computing, big data & analytics, artificial intelligence, and the Internet of Things are examples of digital transformation solutions that enable traditional enterprises to optimize company operations, minimize operational efforts, and boost efficiency. The main types of digital transformation are cloud computing, big data and analytics, artificial intelligence (AI), the internet of things (IoT), and blockchain. Cloud computing is used by various organisations with the help of digital technologies to create or modify their existing services, such as business processes. Cloud service providers provide a cloud platform on a pay-for-use basis for their clients to store business databases, which helps them in business optimization. The cloud-based server uses virtual technology to host the client's company’s application out of premises, and gives access to the client to operate a business. The various deployment modes include cloud and on-premises, which are used by large enterprises and small and medium-sized enterprises (SMEs). The various end users include BFSI, healthcare, telecom and IT, automotive, education, retail, consumer goods, media and entertainment, manufacturing, and government. The digital transformation market research report is one of a series of new reports from The Business Research Company that provides digital transformation market statistics, including digital transformation industry global market size, regional shares, competitors with a digital transformation market share, detailed digital transformation market segments, market trends and opportunities, and any further data you may need to thrive in the digital transformation industry. This digital transformation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global digital transformation market size is expected to grow from $0.94 trillion in 2021 to $1.17 trillion in 2022 at a compound annual growth rate (CAGR) of 24.7%. The global digital transformation market size is expected to grow to $2.64 trillion in 2026 at a CAGR of 22.4%. The increasing adoption of machine learning and artificial intelligence is expected to drive the growth of the digital transformation market going forward. Digital transformation provides traditional businesses with solutions like cloud computing, big data & analytics, data management, and other advanced features such as artificial intelligence and machine learning, which help in the optimization of business operations, leading to reduced efforts in operations and increased efficiency. Thus, their usage increased in various sectors such as healthcare, banking, transportation, manufacturing, and others, increasing the demand in the digital transformation market. For instance, according to the report published by Cloudmantra, an India-based technology services company, the usage of machine learning in the Indian manufacturing industry has increased manufacturing capacity by up to 20% while reducing material usage by 4% in 2021. It also gives manufacturers the ability to control Overall Equipment Effectiveness (OEE) at the plant level, increasing OEE performance from 65% to 85%. Furthermore, according to the MIT Technology Review Insights report in 2022, approximately 60% of manufacturers are using artificial intelligence to improve daily operations, design products, and plan their future operations. Therefore, the rising adoption of machine learning and AI drives the digital transformation market. Technological advancement in digital solutions is the key trend gaining popularity in the digital transformation market. Major companies operating in the digital transformation market are focused on developing technologically advanced products to strengthen their market position. For instance, in April 2020, Oracle Corporation, a US-based computer technology corporation and software solutions provider, built a new cloud data storage service called GoldenGate, an oracle’s cloud infrastructure software that uses real-time data analytics for the analysis of data. Real-time data analysis provides a very quick analysis of data by using different logical and mathematical operations, which helps in understanding business requirements and implementing any decision instantly. GoldenGate provides clients with a highly automated and fully managed cloud service such as database replication, analyzing real-time data, and real-time data ingestion to the cloud, which will make daily business operations easy and analyzable. In October 2021, Accenture plc, an Ireland-based professional services company, acquired Umlaut Systems Gmbh for an undisclosed amount. Through this acquisition, Accenture plc aims to enhance its engineering capabilities to help companies use digital technologies like cloud and artificial intelligence and add leading engineers and consultants from 17 countries across the globe to Accenture’s Industry X services, which would strengthen its capabilities in industries such as automotives, aerospace and defense, energy, telecom, and utilities. Umlaut Systems Gmbh is a Germany-based custom engineering solution provider that develops organisational culture, structure, and process.  Major players in the digital transformation market are Microsoft Corporation, IBM Corporation, Oracle Corporation, Google Inc., Cognizant, Accenture PLC, Dell EMC, Siemens AG, Hewlett-Packard Company, Adobe Systems Inc., Capgemini, Cognex Corporation, Deloitte, Marlabs Inc., Equinix Inc., PricewaterhouseCoopers, Apple Inc., Broadcom, CA Technologies, KELLTON TECH, International Business Machines Corporation, Hakuna Matata Solutions, ScienceSoft Inc., SumatoSoft, Space-O Technologies, HCL Technologies, and Tibco Software Inc. North America was the largest region in the digital transformation market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global digital transformation market during the forecast period. The regions covered in the global digital transformation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the digital transformation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global digital transformation market is segmented - 1) By Technology: Cloud Computing, Big Data and Analytics, Artificial intelligence (AI), Internet Of Things (IoT), Blockchain 2) By Deployment Mode: Cloud, On-premises 3) By Organization Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs) 4) By End-User: BFSI, Healthcare, Telecom and IT, Automotive, Education, Retail and Consumer Goods, Media and Entertainment Manufacturing, Government, Others

The insurtech market consists of sales of insurtech solutions and services by entities (organizations, sole traders, and partnerships) that integrate the traditional insurance industry with modern technologies. The term insurtech refers to the application of technological innovations to extract cost and efficiency from the current insurance industry model. Insurtech intends to collect information from a variety of sources, including automotive GPS tracking and activity trackers on wristwatches. The information gathered can be utilized to create more precisely defined risk groups, allowing for more competitive pricing of products. The main types of products in insurtech market are health insurance, life insurance, travel insurance, car insurance, business insurance, home insurance, and others. Health insurance offers insurance coverage for the medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured, depending upon the health insurance coverage plan. The different technologies include blockchain, cloud computing, IoT, machine learning, robo advisory, others and are deployed in on-premise, cloud. It offers solutions, services and is used by various sectors such as automotive industry, banking and financial services, government sector, healthcare industry, manufacturing industry, retail industry, others. The global insurtech market size is expected to grow from $8.07 billion in 2021 to $10.42 billion in 2022 at a compound annual growth rate (CAGR) of 29.2%. The change in the insurtech market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The insurtech service market is expected to reach $29.75 billion in 2026 at a CAGR of30%. Insurtech is cost-effective, which is contributing to the growth of the insurtech market. Insurtech is more cost-effective than traditional insurance companies as insurtech eliminates the need for a middle man between the insurance provider and customer. Through digitization and highly responsive customer engagement software, insurtech reduces the steps taken by a customer during their onboarding and claim processing experience, lowering the overall cost of the insurance policy. For instance, according to Insurancedekho.com, an omnichannel insurance platform report in 2019, TATA AIG, a digital insurance company provides comprehensive car insurance at ?13,616 ($182.19) whereas, Liberty general insurance, a traditional insurance provider offers comprehensive car insurance at ?20,378 ($272.67). In Addition to this, in 2020, Accenture, an Ireland-based professional services company reported that around 96% of insurers are willing to adapt digital ecosystems as it is having a major impact on the insurance industry. Insurtech market companies are increasingly using hyper-automation to satisfy the rising client demands and to provide competitive pricing. Hyper automation is a combination of machine learning (ML), artificial intelligence (AI), and robotic process automation (RPA) that allows insurtech professionals in conducting business more quickly, efficiently, and securely. According to a study by Cigniti, an India-based software company, more than 65% of insurtech companies are likely to adopt at least partial hyper-automation by 2024, as new technologies and evolving client expectations drive rapid transition in the industry. In June 2021, MGA CorvusInsurTech, a US-based company offering insurtech services acquired Wingman Insurance for an undisclosed amount. This purchase presents additional opportunities for MGA CorvusInsurTech as they launched an acquisition strategy and maintained organic development by increasing their presence in the small and midsize business sector and establishing the option to white label their products and services as they further examine different product lines. Wingman Insurance is a US-based company that provides digital insurance services. Major players in the insurtech market are Quantemplate Limited, Oscar Health, Shift Technologies Inc, ZhongAn, Trov Inc., Neos, Clover Health, Acko General Insurance, Lemonade Inc., Metromile Inc., Damco Group, DXC Technology, Insurance Technology Services, Majesco, Bauxy, Anorak Technologies, Moonshot-Internet, and KFin Technologies Private Limited. North America was the largest region in the insurtech service market in 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the insurtech service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the insurtech market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global insurtech market is segmented - 1) By Product: Health Insurance, Life Insurance, Travel Insurance, Car Insurance, Business Insurance, Home Insurance, Others 2) By Technology: Blockchain, Cloud Computing, IoT, Machine Learning, Robo Advisory, Others 3) By Offering: Solutions, Services 4) By Deployment: On-Premise, Cloud 5) By Application: Automotive Industry, Banking and Financial Services, Government Sector, Healthcare Industry, Manufacturing Industry, Retail Industry, Others

The infrastructure as a service (IaaS) market consists of sales of computer infrastructure by entities (organizations, sole traders and partnerships) that provide IaaS on-demand through an internet platform. IaaS refers to providing access to computer infrastructure through networked servers. The market comprises of revenue generated by the establishments providing IaaS host hardware, software, servers, storage and other infrastructure components for their users. These components include networking features, computer hardware, space for data storage, system maintenance, backup and resiliency planning. Only goods and services traded between entities or sold to end consumers are included. The main types of infrastructure as a service (IaaS) are public cloud, private cloud, hybrid cloud. The public cloud the service provider offers solutions over the public Internet and shared across organizations, while clients use or purchase them on a subscription or a pay-per-usage model. The various industry for IaaS are banking, financial services, and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment and others and operations are rechargeable and non-rechargeable. The IaaS are applied in managed hosting, storage as a service, disaster recovery as a service and backup, compute as a service (CaaS), network as a service (NaaS), content delivery services, high-performance computing as a service (HPcaaS). It is mainly used by small and medium enterprises (SMEs) and large enterprises. The global infrastructure as a service (IaaS) market size is expected to grow from $65.87 billion in 2021 to $82.93 billion in 2022 at a compound annual growth rate (CAGR) of 25.9%. The high growth in the market is mainly due to growth in online services due to COVID-19 that increased demand for IaaS. The IaaS market is expected to reach $195.81 billion in 2026 at a CAGR of 24%. Rise in cloud adoption across several industry verticals such as banking, financial services and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment, and more at a rapid pace is expected to propel the market growth of infrastructure as a service market during the forecast period. Several industries are adopting IaaS owing to benefits such as low cost and improved reliability and scalability. The banking sector is one such where a higher rate of Iaas adoption is witnessed due to the substantial benefits of cloud computing including data analytics, AI-driven analytics with machine and deep learning algorithms, agility and scale. Cloud computing allows banking organizations to make changes and add new functionality quickly. In 2019, according to the Right Scale’s annual State of the Cloud Report, around 94% of enterprises use cloud services among which most enterprises utilize both public and private cloud services; the public cloud was used by 91% of businesses, the private cloud was used by 72%, and hybrid cloud solution was used by 69%. By 2020, 83% of enterprise workloads will be in the cloud. Many organizations expect to increase their cloud spend budget by almost 50%. Thus, the rise in cloud services adoption due to the benefits they offer across various industry verticals is majorly driving the infrastructure as a service market growth. Privacy and data protection concerns are expected to hinder the growth of infrastructure as a service market during the forecast period. The typical IaaS security threats are data leaks, compromising accounts and authentication bypass, interface and API hacking, cyber-attacks, permanent data loss, lack of awareness about capabilities the cloud offers, vulnerability of applications and abuse of cloud services. According to 2020 Global Networking Trends report published by Cisco, by 2022, more than 50% of enterprise data will be created and processed outside the data centre or cloud, an increase from less than 10% in 2019. With the increasing distribution of data, I&O organizations face challenges to provide data protection and management. Thus, the privacy and data protection concern which pose challenges to the service providers are expected to hinder the market growth. Distributed cloud, referred to the availability of public cloud services in different physical solutions while the provider remains responsible for the operation, governance, updates and evolution of the services, is expected to be one of the major opportunities for the development of the infrastructure as a service market. This distributed cloud model is advantageous to the organizations that have faced issues related to the physical locations in the past. This will allow infrastructure and operations organizations to place the public cloud services at the locations of their choice which will attract consumers who are willing to modernize using the public cloud. The rise of Edge cloud computing and multi-cloud computing will eventually result in the rise to the concept of distributed cloud. By 2020, organizations such as Amazon Web Services Outposts, Google Cloud Anthos, and Microsoft Azure Arc., have initiated the edge cloud computing. With the increase in different industry verticals towards cloud-based services, the trend of distributed cloud which overcomes the challenges of physical location constraints will prove to be one of the major opportunities for the market growth during the forecast period. In July 2020, VMware, Inc., a US-based publicly traded software company that provides cloud computing and virtualization software and services, has acquired Datrium, Inc. for disaster recovery as a service (DRaaS) and hyperconverged infrastructure (HCI) capabilities for an undisclosed amount. The major advanatge from the acquisition is that an end-to-end cloud driven user experience is delivered by the Datrium DRaaS solution in VMware Cloud on AWS. Datrium, Inc., a US-based hybrid cloud computing and data management company which is a global provider of tier 1 hyperconverged infrastructure (HCI) for hybrid clouds that merges tier 1 HCI, scale-out backup and cloud disaster recovery for protection of hybrid cloud infrastructure, for easy administration and higher IO performance. Major players in the infrastructure as a service (IaaS) market are Amazon Web Services Inc., Microsoft Corporation, International Business Machines Corporation (IBM), VMware Inc., Fujitsu Limited, Google Inc., Cisco System Inc., Oracle Corporation, Alibaba Group Holding Limited, Red Hat Inc., ProfitBrick, Redcentricplc., Savvis, Tencent, Dell, EMC Corporation and Hewlett Packard Enterprise. North America was the largest region in the infrastructure as a service (IaaS) market in 2021. Western Europe was the second largest region in the infrastructure as a service market. The regions covered in the IaaS market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the infrastructure as a service (IaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global infrastructure as a service (IaaS) market is segmented - 1) By Deployment Type: Public Cloud, Private Cloud, Hybrid Cloud 2) By Application: Managed Hosting, Storage as a Service, Disaster Recovery as a Service and Backup, Compute as a Service (CaaS), Network as a Service (NaaS), Content Delivery Services, High-Performance Computing as a Service (HPcaaS) 3) By End-User: Small and Medium Enterprises (SMEs), Large Enterprises 4) By Industry Vertical: Banking, Financial Services, and Insurance (BFSI), Government and Education, Healthcare, IT and Telecom, Retail, Manufacturing, Media and Entertainment, Others 5) By Operation: Rechargeable, Non-Rechargeable

The database, storage and backup software publishing market consists of sales of database, storage and backup software by entities (organizations, sole traders and partnerships) that produce database, storage and backup software which are software programs or utilities used for creating, editing and maintaining database files and records. It allows users to store data in the form of structured fields, tables and columns, which can then be retrieved directly and/or through programmatic access. The main types of database, storage and backup software are database software, middleware software, and storage and backup software. A database software is a software program that is designed to create, edit, and maintain database files and records. They are deployed using models such as on-demand/cloud model and on-premise model. These are mostly used in industries such as BFSI, media and entertainment, it and telecommunications, energy and utilities, government and public sector, retail and consumer goods, manufacturing and others. The global database, storage and backup software publishing market size is expected to grow from $200.64 billion in 2021 to $228.30 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The database, storage and backup software publishing market is expected to reach $362.07 billion in 2026 at a CAGR of 12.2%. The outbreak of Coronavirus disease (COVID-19) is expected to drive the database, storage and backup software publishing market in the forecast period as increasing number of people are working from home due to lockdowns imposed by governments globally that restrict gathering of people in public places. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in people working from home by accessing work related systems and applications through the cloud. Uncertainty surrounding the duration of the spread of coronavirus is expected to lead to more companies adopting cloud technology to support their employees working from home, thereby driving market growth. With technological advances in the cloud computing and continues requirement of updating in-house IT infrastructure, companies are witnessing a rising demand for public cloud platforms. A public cloud is a service based on the standard cloud computing model, in which a service provider makes resources, such as virtual machines (VMs), applications or storage, available to the general public over the Internet. Companies are increasingly opting for public cloud platforms to minimize their costs as public cloud provides services on pay-as-you-go model, the need for organizations to invest in and maintain their own in-house IT resources, and enables scalability to meet workload and user demands. In March 2020, Quantum a US-based, digital storage company acquired Western Digital Technology's ActiveScale's object storage software. This acquisition helps Quantum Corporation to expand its products and services in the object storage market. Western Digital Technology is a computer hard disk drive manufacturer and data storage company. It is headquartered is in San Jose, California, United States. Major companies in the database, storage and backup software publishing market include Google, Broadcom Ltd, NetApp Inc., NEC Corporation, Altice NV and Commvault Systems, Inc. Asia Pacific was the largest region in the database, storage and backup software publishing market in 2021. North America was the second largest region in the database, storage, backup software publishing market. The regions covered in the database, storage and backup software publishing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the database, storage and backup software publishing market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global database, storage and backup software publishing market is segmented - 1) By Type: Database Software, Middleware Software, Storage and Backup Software 2) By End-User Industry: BFSI, Media and Entertainment, IT and Telecommunications, Energy and Utilities, Government and Public Sector, Retail and Consumer Goods, Manufacturing, Others 3) By Deployment Model: On-Demand/Cloud, On-Premise

The data center infrastructure management market consists of sales of data center infrastructure management solutions and services by entities (organizations, sole traders, and partnerships) that are engaged in the manufacturing of cooling systems, power monitoring systems, and other systems related to the infrastructure management of data centers. Datacenter infrastructure management (DCIM) is a series of technologies that allow for effective data center management and monitoring in terms of capacity, cooling, and power usage and enables officials to properly track and control the facility's various phases. The main types of components in data center infrastructure management are solutions and services. The data center infrastructure management solutions include asset management, network management, cooling management, power management, security management. The different deployment models include on-premises, cloud and are used in small and medium-sized enterprises (SMEs) and large enterprises. It is implemented in various sectors such as BFSI, energy, government, healthcare, manufacturing, IT and telecom and others. The global data center infrastructure management market size is expected to grow from $2.12 billion in 2021 to $2.68 billion in 2022 at a compound annual growth rate (CAGR) of 26.6%. The change in the data center infrastructure management market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The data center infrastructure management market is expected to reach $6.39 billion in 2026 at a CAGR of 24.3%. An increase in data center IP traffic is expected to propel the growth of the data center infrastructure management market in the forecast period. There has been an exponential increase in internet usage and IP traffic in data centers across the globe due to the pandemic and people working from home. According to Vxchange, a US-based company that offers data centers and colocation services data center IP traffic reached 20.6 zettabytes (ZB) in the end of 2021. Another article published by International Energy Agency (IEA) in June 2020, states that between February and mid-April 2020, global internet traffic increased by nearly 40% and the majority of the world’s Internet Protocol (IP) traffic goes through data centers with which the global IP traffic is expected to double between 2019 and 2022. This rise in the data center IP traffic is increasing the need for more data centers and in turn, swelling the demand for data center infrastructure management and services. Thus, the surge in data center traffic is expected to boost the growth of the data center infrastructure management market. The companies focusing on launching innovative solutions and software platforms are shaping the data center infrastructure management market. Key players are developing integrated technologies and solutions using advanced solutions such as artificial intelligence in data center architecture to unlock the capacity of subsystems and improve operations and maintenance performance. For instance, in February 2020, Huawei, a China-based technology company introduced FusionDC 2.0 based on prefabricated modular technology. To design future-proof data center facilities, FusionDC 2.0 uses the AI-fusion, building-fusion, component-fusion, and digital-fusion concepts. FusionDC 2.0 uses prefabricated modular technologies to standardize and accelerate the development of data centers. It also includes a future-oriented and elastic architecture to assist data centers in responding to changes in power density. In February 2020, Eaton, an Ireland-based company offering electrical, hydraulic, and mechanical applications completed the acquisition of Power Distribution, Inc. (PDI) for an undisclosed amount. Through this acquisition, Eaton will be able to better serve its data center clients and expand its range of data center power distribution and monitoring solutions. Power distribution Inc. is a US-based company that provides power distribution and monitoring solutions for data centers manufacturing, institutional users, and other critical or high-value electrical systems. Major players in the data center infrastructure management market are ABB Ltd., Cisco Systems Inc., Commscope Inc., Dell Inc., Hewlett Packard Enterprise, IBM Corporation, Modius Inc., Panduit Corporation, Raritan Inc., Schneider Electric SE, Siemens AG, Vertiv Group Co., Nlyte, Delta Electronics Inc., Rittal GmbH & Co. Kg, Stulz GmbH, Microsoft Corporation, ITRACS Corp, VMware Inc., Lenovo Group Ltd., Oracle Corporation, NetApp Inc., Huawei Technologies Co. Ltd., Device42 Inc., Sunbird Software Inc., SynapSense Corp and Fieldview Solutions. North America was the largest region in the data center infrastructure management market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center infrastructure management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data center infrastructure management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global data center infrastructure management market is segmented - 1) By Component: Solution, Services 2) By Deployment Model: On-Premises, Cloud 3) By Organization Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises 4) By End-User: BFSI, Energy, Government, Healthcare, Manufacturing, IT and Telecom, Others

The data center colocation market consists of sales of data center colocation services by entities (organizations, sole traders, or partnerships) that are engaged in providing colocation services for the businesses. Data center collocation is a method of renting actual office space, network or internet bandwidth, and other services from an existing data center to third parties to set up their own data center. The main types of data center colocation are retail colocation and wholesale colocation. The retail colocation is a space where the consumer takes the space for lease that is within the data center such as rack space within the rack of caged-off area. The different sizes of enterprises include large enterprise and small scale enterprise. It is implemented in various verticals such as BFSI, IT and telecom, government and defense, healthcare, others. The global data center colocation market size is expected to grow from $47.02 billion in 2021 to $56.36 billion in 2022 at a compound annual growth rate (CAGR) of 19.9%. The change in the data center colocation market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $100.63 billion in 2026 at a CAGR of 15.6%. The high cost of an in-house data center is encouraging companies to adopt data center colocation services which in turn is propelling the demand for the data center colocation market. Colocation services result in significant cost savings as compared to managing an in-house data center. For instance, the average annual cost of operating a large data center ranges from $10 million to $25 million. With data center colocation services, companies can reduce their spending on managing and maintaining an in-house server, which in turn reduces the overall IT expenditure of the companies. Therefore, the high cost of an in-house data center is increasing the demand for the data center colocation market. The introduction of the underwater data center is shaping the data center colocation market. The underwater data center is designed to use renewable electricity from tides and waves. It occupies less land onshore and is capable of using the flowing seawater to efficiently cool the electronics. In January 2021, Beijing Highlander Digital Technology Co, a China-based marine electronic technology products firm, and Guangzhou Shipyard International Co, a China-based shipbuilding enterprise together introduced an underwater data center that involves the installation of internet facilities such as servers in airtight pressure vessels with the required cooling performance under the surface of the ocean. This underwater data center helps in reducing the amount of energy that is consumed and acts as a sustainable data center solution. In March 2020, Digital Realty, a US-based company that provides colocation and peering services acquired Interxion for $8.4 billion. The acquisition aims to meet the colocation demands and requirements that are needed for businesses. Interxion is a Netherland-based company that provides carrier and cloud-neutral colocation data center services. Major players in the data center colocation market are Digital Realty Trust Inc, CyrusOne Inc, Global Switch, Cyxtera Technologies, Equinix Inc, China Telecom Corp. Ltd., Verizon Communication Ltd, AT&T Inc, Rackspace, NTT Ltd., CoreSite Realty Corp., NaviSite, SunGuard Availability Services, Telecity Group and DuPont Fabros Technology Inc. North America was the largest region in the data center colocation market in 2021. The regions covered in the data center colocation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the data center colocation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global data center colocation market is segmented - 1) By Type: Retail Colocation, Wholesale Colocation 2) By Enterprise Size: Large Enterprise, Small Scale Enterprise 3) By End-User: BFSI, IT and Telecom, Government and Defense, Healthcare, Others

The data protection as a service (DPaaS) market consists of sales of data protection as a service (DPaaS) by entities (organizations, sole traders, and partnerships) that are a collection of services that help organizations protect their data and also improve their network security and recovery options. Data Protection-as-a-Service (DPaaS) is a cloud-based or web-based system for networking security and data loss prevention. These services are provided to the clients through multiple memberships and help organizations cut the cost of system security and maintenance. The main types of data protection as a service are disaster recovery as a service, backup as a service, and storage as a service. Disaster recovery as a service (DRaaS) is a cloud computing service model that enables an organization to back up its data and IT infrastructure in a third-party cloud computing environment and provides all DR orchestration, all through a SaaS solution, to regain access and functionality to IT infrastructure following a disaster. Data protection as a service can be deployed in the public cloud, private cloud, and hybrid cloud in large enterprises and SMEs that can be used in various industries such as banking, financial services, and insurance (BFSI), telecom & IT, government & public sector, healthcare, retail, energy & utilities, manufacturing, and others. The data protection as a service (DPaaS) market research report is one of a series of new reports from The Business Research Company that provides data protection as a service (DPaaS) market statistics, including data protection as a service (DPaaS) industry global market size, regional shares, competitors with a data protection as a service (DPaaS) market share, detailed data protection as a service (DPaaS) market segments, market trends and opportunities, and any further data you may need to thrive in the data protection as a service (DPaaS) industry. This data protection as a service (DPaaS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data protection as a service (DPaaS) market size is expected to grow from $17.88 billion in 2021 to $23.09 billion in 2022 at a compound annual growth rate (CAGR) of 29.1%. The global data protection as a service (DPaaS) market size is expected to grow to $63.38 billion in 2026 at a CAGR of 28.7%. The increasing concern about data loss and data security is propelling the demand in the data protection as a service (DPaaS) market. Data loss refers to the loss of data due to internal issues like system failure or external issues like cyber attacks, etc. Enterprises from all around the world have been concerned about data security recently due to incidents of data loss and data leaks. For instance, according to the Identity Theft Resource Center’s report, a United States non-profit organization, the year 2021 saw 1,862 data breaches, which was up from 1,108 data breaches in 2020. These breaches have increased concerns about data loss in companies. Hence, the increasing concerns about data loss and data security are driving the growth of the data protection as a service market. New technological advancements like the integration of connected devices with the internet of things (IoT) and virtual private network (VPN) are shaping the data protection as a service (DPaaS) market. For instance, in May 2021, GLobal Electronic-SECurity (GLESEC), a cyber-security firm, announced the launch of its new orchestrated data leakage detection and protection service. This security-as-a-service has the unique offering of detecting and protecting data leakage without the need to classify all the information of the company. With this service, the company would address the organization’s security requirements. In January 2021, Veritas, headquartered in California and a provider of enterprise data protection services, acquired HubStor for an undisclosed amount. With this acquisition, Veritas would add a SaaS-based data protection team to the team and would be able to bring data protection services to the cloud. Hubstor, headquartered in Canada, is a data protection as a service provider. Major players in the data protection as a service (DPaaS) market are IBM Corporation, Amazon Web Services, Hewlett-Packard Development Company, Commvault Systems, VMware, Quantum Corporation, Asigra, EMC Corporation, Dell, Veritas Technologies, Commvault, Quest Software Inc., NxtGen Datacenter & Cloud Technologies Pvt. Ltd., Hitachi Vantara Corporation, and Atos SE. North America was the largest region in the data protection as a service (DPaaS) market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global data protection as a service market during the forecast period. The regions covered in the global data protection as a service (DPaaS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data protection as a service (DPaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global data protection as a service (DPaaS) market is segmented - 1) By Service Type: Disaster Recovery As A Service, Backup As A Service, Storage As A Service 2) By Enterprise Size: Large Enterprise, SMEs 3) By Deployment Mode: Public Cloud, Private Cloud, Hybrid Cloud 4) By Industry: Banking, Financial Services and Insurance (BFSI), Telecom and IT, Government and Public Sector, Healthcare, Retail, Energy and Utilities, Manufacturing, Others