Electronics and Media

Small micro LED display market to garner remarkable proceeds driven by the rising popularity of miniaturized electronic components, global shipments to register a mammoth CAGR of 115% over 2018-2024

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Predominantly driven by the surging demand for fine pitch panels, micro LED display market has witnessed a massive growth over the recent years. Renowned technology heavyweights have been increasingly deploying micro LED display panels in smartphones, smart watches, tablets and laptops to ensure a high wavelength uniformity suitable for fine pixel pitch LED displays. For instance, South Korean electronics giant LG Electronics, has recently announced its plan of introducing a new line of micro LED displays in the industry. Christened as XLµLED, XµLED, and SµLED, LG is finalizing the paperwork to trademark these displays in the EU.

UK micro LED display market size, by panel size, 2018 – 2024 (USD Million)
UK micro LED display market size, by panel size, 2018 - 2024 (USD Million)

In recent times, micro LED display market has received quite a slew of investments from consumer industry giants. Apple is reported to have developed an advanced micro LED display technology for its next generation of smartwatches. Samsung too made its way to the headlines recently with its introduction of a micro LED TV at the 2018 Consumer Electronic Show. These aforementioned instances aptly underline the appreciable expansion of micro LED display industry over the recent years. Indeed, micro LED display industry is forecast to garner astounding proceeds from the sales of smartwatches, with a projected CAGR of 100% over 2018-2024, powered by their rising popularity.

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The commendable growth prospect of this particular business vertical can be majorly attributed to the growing investment by eminent companies to bring technological modifications in near-to-eye devices. In this regard, it is prudent to mention that the expansion of the semiconductor industry has proved to be a catalyst in augmenting miniaturized electronics component trends, concurrently sowing the seeds of developments in micro-LED display market as well. Justifiably so, Apple has recently entered into a strategic partnership with the globally acclaimed Taiwan Semiconductor Manufacturing Company (TSMC).  Through the agreement, Apple mainly intends to increase its research investment in micro LED panels for its upcoming smartwatch range.

MicroLED display industry is remnant of tech behemoths striving hard to include small micro LED components in devices which could lead to potential reduction in size of the wearable devices. With the increasing popularity of near-to-eye devices like smartphones and smartwatches, small micro LED display market is forecast to record an enormous CAGR of 105% over 2018-2024. Not only do small micro LEDs fit the suitability criteria in terms of size, but their properties such as high brightness, quick response time and self-illumination also contribute toward their popularity, by extension, augmenting the commercialization potential of small micro LED display market

The U.S. has emerged as a lucrative growth ground for micro LED display industry, given the robust demand for smart wearables in this region. As per reliable statistics, in 2017 alone, smartphone shipments in North America were valued at over 200 million units. Smartphone users in the U.S. are expected to grow to a staggering 230 million by the end of 2018. This would substantially necessitate the requirement of advanced micro LED displays, leaving an impact on the regional micro LED display industry share. Global Market Insights, Inc. projects U.S. micro LED display industry to exceed USD 7 billion by 2024.

While a considerable number of deployments have witnessed success early on, the commercialization matrix of the micro LED display market is still claimed to be at its nascent stage. In an effort to bring the business to the mainstream, leading industry players have been putting their efforts to enhance the distribution channels, so that manufacturers can conveniently shift from traditional LED components to technologically competent components. This, in consequence, would ultimately lead to robust product sales and popularity, thereby augmenting the profitability quotient of micro LED display market in the forthcoming years.

Author NameParoma Bhattacharya

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A competitive overview of green data center market: heavy investments in green infrastructure development to augment the industry expansion over 2018-2024

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Green data center market is gaining immense popularity lately with the rise in concerns about the increasing energy costs impacting operational and economic efficiency. Most companies are presently implementing strategies to improve cooling and power infrastructure which is one of the vital factors influencing organizational performance, reliability, and serviceability. The shifting trends toward the deployment of green data centers for storing, managing, and distributing information have helped many software companies reduce energy consumption as well as the total energy cost. In fact, energy conscious companies are heavily investing in development of these centers for regaining cooling and power capacities, thereby providing impetus to green data center industry share.

Germany green data center market size, by solution, 2017 & 2024 (USD Million)
Germany green data center market size, by solution, 2017 & 2024 (USD Million)

Though expensive, considering the long-term benefits of this technology, numerous companies ranging from internet giants to automotive biggies and manufacturing firms to software companies have been involved in green data center infrastructure development. The paragraphs below succinctly elaborate the contribution of myriad companies propelling efficient data center industry share.

In 2018, the leading industry behemoth, Siemens signed a deal with the Irish renewable energy contributor, CES Energy for providing on-site electrical generation services for data centers of various technology multinationals located in Ireland. This on-site energy generation is touted to be rather beneficial for data centers in terms of reducing carbon footprints and energy costs, in addition to helping them meet their data center timeframes with the supply of reliable power. The incidence validates that the availability of renewable energy facilities ensuring on-site generation assistance for achieving emission targets will prove to be a key factor reducing the carbon emissions across Ireland, strengthening green data center market trends.

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Ireland seems to be an ideal location for the establishment of data centers pertaining to climatic conditions, on the grounds of which green data center industry players have been focusing on facility expansion across the nation. Taking into account the shifting focus of technology companies, the regional government is striving to establish Ireland as the European data capital. A few months earlier, the renowned e-commerce contributor, Amazon received approval from the Ireland government to construct a new data center facility in Dublin. The government provided land of 223,000 square feet for the center and an investment of EUR 200 million, with the help of which Amazon plans to establish seven data centers. The implementation of high-profile projects such as the aforementioned is certain to propel Ireland effective data center market.

Presently, many tech giants are looking forward to investing in data center infrastructure development across well-established industrial parks. Through this business expansion strategy, these companies plan to facilitate most of the energy so generated for enhancing operational efficiency. Validating the aforementioned fact, recently, social media giant, Facebook made it to the headlines for planning to invest USD 750 million to develop a data center facility in Huntsville based in Alabama after receiving approval from the local officials. In order to supply power to this facility, Facebook plans to use 100% energy from renewables. The company’s strategy is certain to help Alabama achieve economy benefits, as it is touted to receive about USD 300 million in new tax revenue from Facebook’s future data center over the coming 30 years. It is thus overt that massive investments in renewable data center facilities are likely to impel green data center market size across several geographies.

In addition to already established behemoths like Google and Facebook, many start-up companies are also entering green data center market. For instance, the U.S.-Norwegian start-up company, Kolos is planning to build the world’s largest data center in Northern Norway that will apparently use local hydropower and chilled air for minimizing energy costs. In order to develop this 600,000 sq/m, four-storey green data center building, Kolos has raised funds from the U.S. investment bank and several Norwegian investors. The start-up company declared that this project will be one of the world’s largest green data center as this plant will receive all the required energy from wind and hydropower, which will reduce energy costs by 60% and provide cost-effective benefits to customers.

The increasing awareness regarding green energy among the regulatory bodies of various topographies is certainly a pivotal factor driving green data center market share. In fact, most of the European countries have already implemented strict regulatory norms to encourage the adoption of renewable energy facilities. In this regard, myriad technology contributors have also started deploying renewable energy powered data centers, which has considerably pushed product demand. The continuous investments in facility expansions for achieving higher working efficiency with the reduction of overall operational cost is likely to boost green data center industry share. For the record, by the end of 2024, green data center market will collect a revenue of USD 25 billion.

Author NameSunil Hebbalkar

Liquid cooling systems based data center cooling market to amass significant gains over 2017-2024

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The surging implementation of IT in several end-use sectors including banking, retail, and telecom is likely to fuel data center cooling market. Currently, data centers play a pivotal role in the functioning of several business enterprises, given that any failure in data center operations can have a rather negative impact on business growth. In fact, data center heat removal is one of the essential back strategies to maintain data centers. The growing priority for precise cooling and heat rejection facilities in order to collect unwanted heat from data centers is slated to stimulate data center cooling industry share. The ongoing innovations in cloud computing and data center platforms has also been favoring the growth of this business vertical. In addition, the emergence of IoT and artificial intelligence has also positively influenced the revenue potential of data center cooling market size, pegged at USD 8 billion in 2016.

China data center cooling market size, by service, 2016 & 2024 (USD Million)
China data center cooling market size, by service, 2016 & 2024 (USD Million)

Data center cooling is one of the primary challenges ahead for data center users, owing to the adverse effects of excess heat and high temperature on the performance and lifespan of date centers. In order to enhance operational performance, many organizations are deploying more blade servers, which however results in high electricity requirement. The rise in electricity and cooling demand not only hampers the productivity of data centers but also increases the cooling costs. In this regard, several business enterprises are investing heavily in the development of efficient cooling and heat management facilities, which would considerably impact data center cooling industry trends. For instance, well-known internet giants Facebook and Google have declared an investment plan of USD 700 million to construct data centers in Iowa across U.S, which would help impel the commercialization scope of the regional data center cooling market. Thus, the rising number of investments in data center infrastructure development by leading tech behemoths is likely to influence data center cooling market outlook positively over the years ahead.

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Traditionally, in order to construct a new data center, nearly 35% of overall expenditure should be invested on cooling equipment. In fact, the increasing usage of emerging technologies such as Internet of things (IoT) and AI are fueling the requirement of powerful and larger data centers. In this regard, many of the giants in data center cooling market including Black Box Corporation, Schneider Electric SE, Rittal GmbH & Co. KG, Nortek Air Solutions, AdaptivCOOL, and Airedale International Air Conditioning are investing heavily in research and development activities to develop efficient and cost-effective cooling technology. As of now, most of the business organizations are primarily giving preference to liquid cooling systems, pertaining to its capability to consume lesser energy as compared to other systems. Some of the pointers supporting the deployment of these systems have been enumerated below.

  • Reduction in required floor space: Liquid cooling system takes 50% to 75% less floor space, which may help to install a new data center within available space.
  • Simplified infrastructure: Pertaining to the removal of components such as ducting, chillers, small PDUs and CPS, LCS’s simple infrastructure allows data centers to fit more IT facilities within the same space, thus augmenting data center cooling industry trends.
  • Safety: Liquid cooling systems offer complete safety when used alongside electronic components.

The robust growth in digitalization across the globe and the increasing demand for big data and cloud computing are likely to have a tremendous influence on data center cooling market. More importantly, increased application development and the fierce competition may help generate lucrative opportunities for data center cooling industry players, thus favoring the growth of the overall business vertical.

Author NameSunil Hebbalkar

An overview of thermal imaging market in terms of latest product developments, automotive sector to drive the application matrix

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With the onslaught of technological advancements, thermal imaging market has emerged to be one of the most rapidly evolving verticals of the dynamic electronics & media industry. In an era of connected technologies like machine learning, artificial intelligence, and IoT, the business space has been lately experiencing extensive profiling of its application terrain. The fact is quite vividly coherent from the incessant efforts undertaken by thermal imaging industry players to bring forth novelty in their product portfolio. In a recent turn of events, FLIR, one of the top-notch thermal imaging industry giants launched its free machine learning dataset which is touted to bring a revolution of sorts in the automotive or rather autonomous vehicle navigation landscape.

China thermal imaging market size, by end-use, 2017 & 2024 (USD Million)
China thermal imaging market size, by end-use, 2017 & 2024 (USD Million)

The thermal dataset designed for ADAS and self-driving vehicles features a compilation of over 10000 annotated thermal images of both the day and night scenarios. Encompassing a portfolio that is claimed to be the first of its kind in thermal imaging marketplace, the aforementioned thermal imaging dataset starter reportedly allows developers to test and evolve CNN (convolutional neural networks) with the company’s patent ADK (Automotive Development Kit). The thermal dataset is claimed to commence commercialization in July this year with an anticipation of a price dip in these sensors, in a bid to expand its reach across millions of autonomous vehicles.

Speaking along similar lines, the automotive sector unquestionably is one of the lucrative end-use domains for thermal imaging market. The rising percentage of low light traffic crashes especially across developed nations is bound to generate a considerably higher demand for these advanced camera systems, subject to its ability to enable vision even during nighttime. Estimates suggest that a disproportionate number of road accidents occur during low light conditions. Despite the fact that there is 60% reduction in road traffic, 40% of the fatal road accidents happen during nighttime, cite sources. According to NHTSA (National Highway Traffic Administration System) in the year 2015, around 5376 pedestrians were reported to be have died from traffic crashes at nighttime. These estimations give a clear picture of the earnest requirement of integrating thermal imaging in modern vehicles.

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Thermal imaging market share from automotive applications, as per reports, is slated to cross USD 900 million by 2024. The escalating revenue graph of the business space can primarily be credited to the increasing penetration of self-driving cars in automotive space. With these autonomous vehicles equipped with advanced features like high-resolution cameras, LIDAR, the domain has turned out to be a viable investment avenue for thermal imaging industry players.

Recently, Seek Thermal, the U.S. based company has unveiled its latest high-resolution thermal imaging camera at the Consumer Electronics Show for automotive aftermarket. Reportedly this new camera can be seamlessly incorporated with existing infotainment systems. Equipped with thermal sensors of 320 x 240 resolution capacity, this new thermal imaging camera by the company claims to provide high image clarity. Complementing with its outstanding features, the news that the latest camera is available at quite an affordable price further adds to its positioning in thermal imaging industry.

In recent years, most of the contemporary innovations that thermal imaging market is characterized by grounds on two major rationales – cost and resolution. Most of the high resolution thermal cameras nowadays are available at comparatively reasonable price. Another anticipating trend of miniaturization of cores is also bringing a plethora of advancements in the business space particularly from industrial applications. Leonardo DRS, for example, just a few months back, grabbed the headlines with the launch of its latest 10-micron thermal camera core for OEMs. Dubbed as Tenum™ 640, this absolutely state of the art technology is ideal for surveillance and security applications, hazmat and agri-business operations, and aerial unmanned platforms. Equipped with vanadium oxide based micro-bolometer sensor, this new thermal camera is claimed to be the smallest yet most effective of its kind in thermal imaging market. Persistently being channelized by extensive technological interventions in tandem with the ever-expanding end-use landscape, thermal imaging industry is likely to augment commendably in terms of remuneration over the ensuing years. The global market share is forecast to exceed USD 10 billion by 2024.

Author NameSatarupa De

Electronic design automation market to perceive exceptional proceeds over 2017-2024, increasing acquisition activities to amplify industry expansion

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Over the recent years, the electronic design automation market share has witnessed a drastic upswing owing to a vast expanse of applications. Numerous engineering firms operating across a variety of industrial domains including automotive, telecommunications, aerospace & defense, and consumer electronics have been extensively utilizing the advanced softwares manufactured by electronic design automation industry players. Out of these business verticals, the enormous growth of the automotive sector has necessitated the semiconductor component and system designers to meet the most rigorous regulatory guidelines to ensure vehicle safety.

UK EDA market, by application, 2016 & 2024 (USD Million)
UK EDA market, by application, 2016 & 2024 (USD Million)

Bearing this in mind, one of the foremost electronic design automation market participant Synopsys, Inc., has recently released a thorough and independent functional safety assessment and certification, ISO 26262. The latest certification would enable all the tools of Synopsys Design Platform to be deployed more efficiently in the development of automotive designs meeting the safety requirements of Automotive Safety Integrity Level (ASIL) A to D. Furthermore, the new assessment and certification spans the broadest and the most comprehensive portfolio of almost 40 ISO 26262 certified design tools across the overall electronic design automation industry.

A brief overview of how acquisitions would characterize electronic design automation industry landscape

Owing to the rapidly evolving automation design requirements and intense rivalry to offer cutting-edge solutions to the expanding consumer base, prominent electronic design automation industry players have been proactive in acquiring smaller firms. Following are a few instances of the recently concluded acquisitions which might majorly influence the overall growth dynamics of electronic design automation market in the near future:

  • In order to accelerate the delivery of design tools for a highly productive characterization flow and standard cell library, the US based electronic design automation industry giant Silvaco has recently acquired NanGate. Apparently, the latest takeover would assist Silvaco to extend its existing product portfolio given that the Library Creation Platform of NanGate has been increasingly recognized as the gold standard to design numerous system on chips (SoC). Moreover, the standard cell library optimization technology of NanGate complements Silvaco’s methodology and IC design flow that meets the current high-sigma requirements. Needless to mention, the massive efforts that are being deployed by electronic design automation market players to revamp their product portfolio would undeniably prove to be immensely beneficial for the growth of this business space.
  • After acquiring Mentor Graphics for about USD 4.5 billion in early 2017, the German conglomerate Siemens has now taken over the reins of a well-known electronic design automation industry participant, Solido Design Automation. The latest purchase would apparently assist Siemens to expand its reach in the automation design arena, cite experts. Harnessing the prowess of its characterization and variation-aware softwares, Siemens is likely to merge Solido’s operations with Mentor’s IC verification solutions unit. This would, in turn, strengthen the presence of Siemens in the electronic design automation market over the forthcoming years.

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  • In its persistent efforts to provide an enabling environment for automation designers, Synopsys, Inc., has recently declared to have acquired the leading high-speed SerDes technology provider, Silicon and Beyond Private Limited. Reportedly, this acquisition would aid Synopsys in accomplishing large amounts of data transfer between backplane, chips, and extended range optical interconnects. It would also add a team of highly-experienced R&D engineers that would help the electronic design automation industry leader to implement faster connectivity in high-end computing applications.

In addition to the humongous increase in acquisition activities, the trend of miniaturization of semiconductors has propelled the growth prospects of electronic design automation market. Furthermore, the rising awareness and acceptance of smart fitness products has encouraged electronic design firms to invest heavily in order to develop enhanced devices. This has, in consequence, swamped the electronic design automation industry space with unique and innovative products. Considering the aforementioned aspects, it is quite undeniable that the overall electronic design automation market is bound to establish itself as one of the most lucrative niche verticals of electronics and media industry over the ensuing years.

Author NameSaif Ali Bepari

Industrial robotics market to witness phenomenal growth in emerging economies, global share to surpass USD 80 billion by 2024

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The potential for cyber-physical system to improve operational efficiency in manufacturing processes is humongous. Industrial robotics market proceeds, which has indeed been appreciable in recent years can be majorly credited to this fundamental aspect. It is further imperative to mention that as automation technologies such as robotics, machine learning occupy an increasingly demanding role in industries, their impact on the workplace in terms of safety security, asset tracking, and supply chain has become a point of focus for the research fraternity. In this regard, with the concept of Industry 4.0 (fourth Industrial Revolution) being already set in motion and the influx of technological advancements focusing on maximizing the operational throughput, industrial robotics market demand is bound to witness a marked rise over the ensuing years. According to a recent published report by International Federation Robotics(IFR), globally almost more than 1.4 million industrial robots would be deployed into factories by 2019. As claimed by experts, if the forecast figure of 1.4 million deployment is touched by next year, it would be around 1 million more than that of the record-breaking year of 2015. The aforementioned statistics is quite indicative of the exponential growth curve ahead for industrial robotics market.

China Industrial Robotics Market, By Product, 2016 & 2024 (USD Million)
China Industrial Robotics Market, By Product, 2016 & 2024 (USD Million)

Amidst the dynamically charged intense share battle, Europe currently witnesses a percentage of authority over the regional landscape. Statistics claim 65% of total number of countries deploying more than average number of industrial robots per 10,000 employees belongs to the European Union. The major factor that has augmented Europe industrial robotics market is the region’s persistent investment in robotics projects over the past few years. In the year 2016, the European Union made it to the front page with its co-funding on 17 new robotics projects under Horizon 2020 Framework in a bid to proliferate research and innovation. Reportedly, 16 of these projects stems from robotics work programme, which implement strategy brainstormed by SPARC, the Public-Private Partnership for Robotics in Europe.  Considering these aforementioned axioms, Europe is claimed to procure a major stance in the global industrial robotics industry share landscape, with Germany at the forefront.

Another belt that is emerging to be the next investment hotbed for industrial robotics market is Asia Pacific. The rapid pace of advancements in the regional market can be majorly attributed to governments’ encouraging initiatives toward promoting the adoption of industrial robots. The South Korean Government, for instance, has recently declared its plan of making a significant investment in upgrading the existing robotics and automation systems, in a bid to help the regional automation market to record USD 6 billion by 2022. The Government of Japan has also funded and strategized several plans that prompts Japan based SMEs to incorporate advance manufacturing capabilities in their business model. Citing an example demonstrating the positive influence of these initiatives is Fanuc plant in Japan, which employs only four manual workers per shift to supervise the industrial robots for the entire operation of the plant. For the records, China and India, are also claimed to contribute significantly toward APAC industrial robotics industry share.

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Industrial robotics industry is indeed on its way to way to witness remarkable escalation over the coming years, given the ongoing efforts by the market giants as well as regulatory bodies to unlock the maximum potentialities of automation across manufacturing domain. Yet another factor that has played its cards in proliferating the business outlook is the increasing capital investment in employing manual labors and the related inconvenience associated with it.  Average industrial robot price cost, on the other hand, has witnessed a downturn, with increasing production.

In this regard, one of the trends that remains to be seen in industrial robotics industry is the demand-price relationship for these robots, particularly in the emerging economies. All in all, the profitability scope seems humongous for the industrial robotics market in the coming years, with a target global share of USD 80 billion by 2024.

Author NameSatarupa De

Data Center Infrastructure market to be strongly characterized by regulatory framework, APAC to drive the regional landscape

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Nlyte’s partnership with the IBM Watson IoT group is an exemplar precedent underlining rapid expansion of data center infrastructure market. Recently inked, through this deal, the companies intend to leverage maximum potential of advanced analytics and AI in its data centers.  Speaking of the strategic agreement, one of the spokesperson of Nlyte has been quoted saying that the complexity, scalability, and optimization of modern data centers demand the requirement of advanced analytic solution integration. Reportedly, Nlyte is amalgamating its patent NEO (Nlyte Energy Optimizer) with IBM Watson’s advanced AI abilities in a quest to provide data centers with new heights of operational comprehensiveness. This alliance, as per experts’ opinion, has surely strengthened Nlyte’s stance in data center infrastructure market that pegged a valuation of USD 40 billion in 2017.

Europe data center infrastructure market, by product, 2017 & 2024 (USD Million)
Europe data center infrastructure market, by product, 2017 & 2024 (USD Million)

A stringent regulatory framework speaks volume and has much to contribute in data center infrastructure industry augmentation. With cyber-attacks becoming a global concern, various regulatory bodies have mandated guidelines to identify and continuously monitor potential vulnerabilities in digital infrastructure. Companies partaking in data center infrastructure market therefore, now are extremely particular to develop solutions that are completely in compliance with regulatory standards. In this regard, recently Nlyte Software made its way to headlines, for receiving the much awaited approval for its DCIM solution from the Department of Homeland Security.

Allegedly, the latest approval makes the America data center infrastructure industry giant to become the first DCIM solution provider in the United States that has strictly adhered to all the conditions mentioned in the Phase 1 of CDM program (Continuous Diagnostics and Mitigation) of the federal government. For the records, the U.S. federal government rolled out this aforementioned CDM Program few years back, in a bid to ensure integrity and security of hardware as well software assets of the nation. Not to mention, with increasing adoption of these regulations, U.S. data center infrastructure industry is certain to carve a profitable roadmap over the ensuing years.

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Citing yet another instance where governmental initiative has given a substantial boost to regional data center infrastructure market, the Northern Territory of Australia that has released its Budget for the year 2018-2019, has allocated a sum of AU$18.38 million to support initiatives that are under the Department of Corporate and Information Services. Reportedly, as a part of the scheme, the government has a plan to increase its number of physical servers and number of fully managed servers by 16 and 100 respectively in this financial year. With such enormous project in the pipeline, regional data center infrastructure market players are sure to gain monetary benefits in securing Australia’s data center network.

Speaking of the regional aspect, it is prudent to mention that Asia Pacific is at the vanguard of data center infrastructure industry. In fact, Asia Pacific market is forecast to witness nearly 14% CAGR over 2018-2024. The growth can be primarily attributed to the increased penetration of digital technologies among consumers as well as businesses across this belt. Rapid industrialization along with robust growth in outsourcing activities especially in countries like India and China have led to a subsequent increase in organizational data traffic. In a bid to accommodate this huge traffic, companies are increasingly investing in new facilities, thereby proliferating APAC data center infrastructure industry.

Despite these growth opportunities, data center infrastructure market is still facing a challenge of bridging complex web of interconnections with a data center network. Nonetheless, with the advent of optimized workflow procedures, adoption of real-time monitoring system, and enhanced tools, the aforementioned stumbling block is likely to get overcome within a short span. Furthermore, the lure of big data analytics and extensive proliferation of cloud technologies would leave a complementary influence on data center infrastructure industry space. In terms of commercialization, the business space is forecast to exceed a massive valuation of USD 90 billion by 2024.

Author NameSatarupa De