Asia Pacific edge data center market is witnessing high growth owing to the rising demand for the effective data storage facilities.

Selbyville, Delaware , USA - January 9, 2019 /MarketersMedia/ —

The power solutions in the edge data center market was over 35% of the overall industry revenue in 2017 and will witness more demand due to the rising and focused needs across industries for effective power management products to minimize the power consumption of electrical devices. Such requirements are encouraging developers to provide products and solutions that monitor and analyze the consumption of energy by each device. The power management solutions are the most widely adopted technologies in the market that are developed for enhancing the performance of the infrastructure facilities with less operational costs.

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The IT & telecom sector is witnessing a high adoption in the edge data center market. A rapid increase in the amount of data generated in the telecom sector is expected to drive the industry demand. The telecom operators are offering flexible offers, plans, and 4G internet connectivity, which are responsible for the generation of such massive information. Moreover, the companies are dependent on these facilities for a secure environment that will allow them to store confidential customer information to reduce the chances of data thefts. Increasing demand for 5G connectivity in the telecommunication industry is forcing the companies to depend on the edge computing technologies as operators are planning to locate the facilities close to 5G towers.

The networking equipment segment is anticipated to witness steady growth over the forecast timespan. This equipment is installed in infrastructure facilities to provide effective connectivity and networking to electrical devices. They allow facility operators to manage the facilities by monitoring, analyzing, and detecting the status of the component with the integration of several network devices such as routers, switches, and modems. The implementation of these components in the infrastructure facilities allows companies to adopt perform edge computing in their established infrastructure facilities. These components allow them to store, manage, and access the data in a centralized computing environment, thereby propelling their demand in the edge data center market.

The BFSI sector is installing these facilities for managing, storing, processing, and accessing their classified & confidential information. The sector has witnessed a shift with businesses switching from the usage of physical documents to digitization. Banks and financial institutions face challenges arising from large volumes of data processing and storage, which has led to rise in the demand for high quality data center infrastructure. Moreover, banks and financial institutions are increasingly storing sensitive customer information that needs reliable data storage solutions. Increasing IT security threats have forced organizations to invest in reliable facilities, thereby driving demand for the edge data center market.

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Asia Pacific edge data center market is witnessing high growth owing to the rising demand for the effective data storage facilities. Countries including India, China, and Japan have adopted several strategies, such as globalization, public-private partnerships, and government support to the industrial sectors, to ensure the growth of their economic conditions. The growth of these industrial segments has led to the generation of a massive volume of data, driving the market. Moreover, the process of deploying 5G connectivity in China and Japan is at a rapid pace, which is expected to drive the market growth.
Europe edge data center market will observe traction with the rising interest of global companies to expand their business operations in the region to manage the massive data generated in several application industries.

Major players participating in the edge data center market are Rittal GmbH & Co. KG, Huawei Technologies Co., Ltd., Hewlett-Packard Enterprise Company, Eaton Corporation, IBM Corporation, Hitachi Vantara, Vertiv, Co., Panduit Corporation, Flexential Corporation, 365 Operating Company LLC, vXchnge Holdings, LLC, EdgeConneX, Inc., and Vapor IO, Inc. among others. The companies in the market are offering several advanced solutions and services to various industrial sectors.

Browse key industry insights spread across 250 pages with 291 market data tables & 22 figures & charts from the report, “Edge Data Center Market Size By Component (Solution [Cooling, Power, UPS, IT Racks & Enclosures, Networking Equipment, DCIM] Service [Installation & Integration, Managed, Consulting]), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, France, Spain, Poland, Benelux, China, India, Japan, Singapore, Australia, Brazil, Colombia, Chile, Argentina, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/edge-data-center-market

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