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Worldwide Data Center on Demand (DCoD) Market to reach approximately US$10 billion in 2021

he Worldwide Data Center on Demand Market is expected to grow at a CAGR of around 19.06% between 2016 and 2021.

BANGALORE, KARNATAKA, INDIA, March 9, 2016 /EINPresswire.com/ — The “Data Center on Demand Market” report was recently published by Beige Market intelligence with a worldwide coverage as well as a segmentation by product (facility containers, IT containers, All-in-One) by container size (20 feet, 40 feet, customized) by geography (APAC, Europe, Latin America, Middle East and Africa, and North America) by end-users (BFSI, Defence, Energy, Oil and Gas, IT, Retail, Telecommunication & CSP and Others) and by company share within each product category. The market research report provides growth trends, analysis and forecasts for the period 2016 – 2021 and predicts the market to record a total revenue generation of approximately US$10 billion by 2021.

There is a demand for cloud-based services which is evident from the increasing traffic volume on the internet. With high volume of search, there is slight latency in information being retrieved from a data center. This of course depends on where the request was put in and where the data center is located. In order to reduce the latency, a new set of data centers have emerged i.e., an edge data center. These are small data centers in close within a particular locality which is responsible for addressing the traffic of the local users. This reduces the latency issue and also ensures low TCO. Edge data centers are expected to have a positive impact on the overall market in the coming years.

“All-in-one” containers approximately 3 times more expensive than “facility containers” as of 2015

The ASP of facility containers is expected decline during the forecast period. One of the key reasons for this is that the demand for facility containers in the market will reduce considerably by 2020. Furthermore, the shipment of facility containers is expected to be much lower in comparison to IT and All-in-one containers which are already proving to have more advantages than a facility container.

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