Data centres provide electronic information storage services that enable users to upload, download, back up and access files and systems. The industry has performed well over the past five years, primarily due to growing internet traffic, the increasing prominence of cloud computing and the outsourcing of data storage by many businesses. Cloud computing has enabled companies to reduce their storage and computing costs, as capacity can easily be scaled up or down depending on demand. In contrast, firms that maintain their own servers in-house incur considerable capital expenditure and utility costs. As a result, demand for outsourced data centres has grown over the past five years.
Companies in the industry are mainly engaged in providing electronic information storage and retrieval services. The industry provides electronic information storage, such as cloud services, which enable third parties to upload, download, back up and access files and systems over the internet. The industry excludes web hosting services, which primarily provide access to information stored on the internet as a means to disseminate information.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.