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September, 2015
Go4Hosting Hosting Wavelenth
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INDUSTRY NEWS
Global Data Center Server Market
to touch $44 Billion by 2019
According to a recent report by Technavio, the Global Data Center Server Market will reach revenues of $44 Billion by the year 2019. This growth will be driven by increased adoption of advanced computing technologies and generation of huge data from the Internet of Things (IoT) wave . Annual growth rate is predicted to be 6% between 2015 and 2019.
Cloud IaaS: Fastest Growing
Market
Infrastructure-as-a-Service is set to grow at a compounded annual growth rate (CAGR) of 29.1% till 2019 according to a report by Gartner. It is one of the fastest growing cloud computing segments with almost 33% growth in 2015, and will soon be turning into a $16.5 billion venture.
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