APAC Market Statistics
The Asia Pacific data center infrastructure management market, is projected to hold the largest market share by the end of 2037. The growth of the market can be ascribed to the rising development and utilization of machine learning and a rising inclination of the population toward IoT. The AI industry in China has acquired about USD 250 billion in investment for further development in 2020. Additionally, the 5G technology in the Asia Pacific region is expected to grow constantly during the forecast period, that is further anticipated to boost the market’s growth in the region. It is observed that more than 45% of 5G connections worldwide are anticipated to be in the Asia Pacific region by the year 2025. Additionally, demand for data management on account of a significant expansion in multiple industries such as healthcare, IT, food tech, e-commerce, banking & financial, and others in the region is also expected to be one of the major growth drivers of the market in the region over the forecast period. In addition, there has been surging adoption of data center service in the region, that is further expected to boost the data center infrastructure management market growth in the region.
North American Market Forecast
Moreover, the market in the North America region is also anticipated to witness growth in the upcoming years, backed by the presence of IT hubs, and a large number of data centers. Furthermore, there has been a decline in the prices of servers, followed by the adoption of cloud technology, and high internet connectivity is further expected to drive the growth of the market in the North America region.
Author Credits: Abhishek Verma
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