TechNavio analysts predict the increasing growth of structured and unstructured data as one of the main drivers for the growth of the Global Web 2.0 Data Center Market. Analysts expect the market to grow at a CAGR of 17.80 percent during the period 2012-2016.
In 2012, the Americas held the majority of the market share with 52.55 percent in the market followed by the Europe, Middle East and Africa (EMEA) region. The Web 2.0 Data Center market in the Americas, which was valued at US$4.95 billion in 2012 is expected to reach US$9.12 billion by 2016, followed by the EMEA, which is expected to reach US$5.24 billion and further followed by the APAC Region which is expected to reach US$3.78 billion by 2016.
While North American region will continue to dominate the market during the forecast period, there will be a significant increase in the rate of adoption from APAC countries such as Japan, Singapore, China, and India. The APAC region is also witnessing the establishment of an increasing number of small and medium-sized businesses (SMBs) due to the growing economy. Further, with the evolution of cloud computing and cloud-based storage, enterprises are opting for public cloud storage space to archive their data.
Speaking on this occasion, TechNavio’s senior analyst and co-author of this report said,“In spite of the growth potential of this market globally, there are some challenges to overcome. This includes lower return on investment in social tools and increasing use of virtualized servers. If small and medium enterprises can overcome them and adopt latency-sensitive and high-bandwidth-intensive computing applications with a large amount of data traffic, the market is expected to see growth during the period 2012-2016.”
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Web 2.0 Data Center Market in the Telecom & Networking industry. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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