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Data Processing and Hosting Services

Data Center IP Traffic Estimated to Reach 20.6 Zettabytes by the End of 2021

01 March 2021

One result of the pandemic was the acceleration of digital transformation across almost every industry. It is estimated that data center IP traffic will reach 20.6 zettabytes (ZB) by the end of 2021, an increase of nearly 7 ZB since 2016. Much of the growth in the data processing and hosting sector will be driven by demand for colocation services and hyperscale cloud service providers. Hyperscale providers are expected to have deployed 2.1 million new IT racks between 2020 and 2025, according to 451 Research. The expected deployments translate to approximately $62 billion in capital spending on data center infrastructure.

Demand for data storage is projected to continue to rise due to the increasing use of data generating IoT products like remote health monitoring solutions, packaging and shipping trackers, and streaming devices. The use of these IoT products is increasing due to greater reliance on telecommuting, telehealth, and telelearning. Data processing and hosting services are expected to benefit from the increase in telecommuting for some time as COVID-19 vaccine rollouts may not immediately end the need for social distancing. There is also expected to be significant growth in demand from healthcare facilities that require IT infrastructure that is not available to them on premises.

We have included a selection of our most popular market research on data processing and hosting services below.

Research and Markets offers more information on this topic:

Data Processing & Hosting Services in the US - Industry Market Research Report- Product Image
Data Processing & Hosting Services in the US - Industry Market Research Report- Product Image
Data Processing & Hosting Services in the US - Industry Market Research Report
  • From
  • Report
  • June 2022
  • 53 Pages
  • Region: United States
Over the five years to 2019, businesses have increasingly outsourced their IT infrastructure needs, directly benefiting Data Processing and Hosting Services industry operators. The advent and popularization of...
IoT Data Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)- Product Image
IoT Data Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)- Product Image
Sale
IoT Data Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
  • From
  • Report
  • January 2021
  • 134 Pages
  • Region: Global
The IoT Data Management Market is expected to grow at a CAGR of 16.58% during the forecast period (2021 - 2026). The report profiles the vendors of IoT management solutions, including data integration, security,...
Data Processing Services Canada and USA Report & Database- Product Image
Data Processing Services Canada and USA Report & Database- Product Image
Data Processing Services Canada and USA Report & Database
  • Database
  • September 2022
  • 1991 Database Records
  • Region: Canada, United States
DATA PROCESSING SERVICES CANADA & USA REPORT + DATABASE The Data Processing Services Canada and USA Report & Database gives Market Consumption / Products / Services for Canada and the USA by 6 to 10-Digit...
Global Enterprise Data Management Market (2020-2025) by Component, Deployment, Organization Size, Industry Verticals, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis- Product Image
Global Enterprise Data Management Market (2020-2025) by Component, Deployment, Organization Size, Industry Verticals, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis- Product Image
Global Enterprise Data Management Market (2020-2025) by Component, Deployment, Organization Size, Industry Verticals, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis
  • From
  • Report
  • January 2021
  • 190 Pages
Healthcare Data Storage Market Research Report by Architecture (Block Storage, File Storage, and Object Storage), Type, Storage System, Deployment, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19- Product Image
Healthcare Data Storage Market Research Report by Architecture (Block Storage, File Storage, and Object Storage), Type, Storage System, Deployment, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19- Product Image
Sale
Healthcare Data Storage Market Research Report by Architecture (Block Storage, File Storage, and Object Storage), Type, Storage System, Deployment, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19
  • From
  • Report
  • July 2022
  • 259 Pages
  • Region: Global
The Global Healthcare Data Storage Market size was estimated at USD 3,414.89 million in 2021, USD 3,932.46 million in 2022, and is projected to grow at a CAGR 15.33% to reach USD 8,037.21 million by 2027. Market...