2014-01-30 05:58:01 - Global Web 2.0 Data Center Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Web 2.0 Data Center market is to grow at a CAGR of 17.80 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing volume of structured and unstructured data. The Global Web 2.0 Data Center market has also been witnessing the evolution of data traffic profiles. However, the lower return on investment of social tools could pose a challenge to the growth of this market.
One of the main trends witnessed in the Global Web 2.0 Data Center market is the increase in big data. Big data is an industry trend pertaining to the explosive increase in the volume and availability of data. Its specific definitions vary according to different applications
such as enterprise, research, and real-time analytics applications. The major storage attributes of big data include I/O bandwidth and capacity. In the current business environment, every organization, irrespective of its size, stores a considerably large amount of data. Therefore, many vendors are developing solutions in accordance with the requirements of big data.
One of the main factors driving the market is the increase in the increased deployment of data centers. Data center architects are incorporating designs that can provide better airflow and increase the efficiency of the data center infrastructure.
One of the main challenges is the increasing complexity of network architecture. Organizations are adding more servers to their data center infrastructure to handle the increase in data. Thus, the complexity in handling the network switching equipment has increased with the increased use of servers.
The key vendors dominating this space include Baidu Inc., Equinix Inc., Google Inc., LinkedIn Corp., Yahoo! Inc., and Zynga Inc.
The other vendor mentioned is Groupon Inc.
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