Industry Analysis & Industry Trends
The Data Centres industry has grown steadily over the past five years, underpinned by the increasing prominence of cloud computing. Industry operators provide electronic information storage services, such as cloud services, which enable users to upload, download, backup and access files and systems online. Cloud computing has enabled companies to reduce their storage and computing costs as it can be scaled up or down based on demand. This is in contrast with firms maintaining their own servers solely in-house, which involves considerable capital expenditure. As a result, outsourced data centre space has grown over the past five years, as cloud computing has provided users a more cost-effective option. Industry revenue is forecast to increase by an annualised 9.1%... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a moderate level of market share concentration. Concentration is rapidly increasing as firms expand their data centre footprint. Established hybrid technology hardware service providers are still making the largest contributions to industry revenue. IBM and Fujitsu remain the industry's long-standing major players. However, the potential market size is too big to assume that these major players' share of the market will remain stable.
Over the next five years, market share concentration is expected to fluctuate as data storage and processing is increasingly sent offshore, larger players continue to buy smaller players that are unable to compete, and international players invest in establishing operations in Australia... purchase to read more