Data Center on Demand (DCoD) Market Growth And Future Prospects Analyzed 2016 - 2024
The last decade witnessed prolific growth in the number of data centers around the world to cater to the needs of global and local enterprises. An increasing number of businesses have adopted data centers to be more competitive and reap greater benefits while producing vast amounts of data. In the past, enterprises often faced the downside of a slight latency in information being, retrieved thereby seeing their performance affected. Post 2012, a tremendous increase in Internet traffic, data volume, and storage requirement due to the increased adoption of cloud-based services, gave rise to a new set of data centers called edge data centers. These are integrated units that contain cooling systems, UPS, fire suppression systems, etc. and serve 50%–75% traffic of the local users, There are many factors driving the global data center on demand market. The growing demand for edge data centers, is expected to be one of the major drivers of the market. This growing demand for edge...