Artificial Intelligence

The UK Data Center Market is likely to grow at a CAGR of around 4% during the period 2018?2024

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New York, April 22, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “UK Data Center Market – Investment Analysis and Growth Opportunities 2019-2024” – https://www.reportlinker.com/p05796171/?utm_source=GNW
The increasing popularity of big data and IoT technology will increase investments in the UK data center market. The rise in cloud-based services and the implementation of the Data Protection Act (2018) that complements General Data Protection Regulation of the European Union are likely to drive cloud service providers to store their personal data within the country. Increased investments in smart cities initiatives across Bristol, London, and Birmingham are likely to increase market growth. Also, the growth in artificial intelligence and IoT will increase the demand for edge computing and edge data center deployment in the country. Stringent government regulations have prompted data centers operators in the UK to reduce carbon footprint and purchase renewable source of energy to power their data centers.
Increasing smartphone users, improvements in network connectivity, the rising adoption of new technologies, and the growing demand for data center services from consumers and business end-users are driving the investment in the UK data center market. The report provides an in-depth market and segmental analysis of the UK data center market by electrical infrastructure, mechanical infrastructure, tier standards, general construction, and countries.
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