The global data center market is projected to expand at a compound annual growth rate (CAGR) of 10.1%, reaching a value of USD 622.4 billion by 2030. One of the primary factors driving this growth is the rapid surge in data generation. The increasing demand for mobile, social media, analytics, and cloud services worldwide has significantly boosted the need for data centers. The explosion in social media usage, in particular, has fueled the development of new facilities to store the vast amounts
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In 2024, the data loss prevention industry is projected to generate USD 4,086.3 million. Furthermore, in the projection period, it will advance at a CAGR of 21.3%, attaining USD 13,031.0 million by the end of the decade. This can be credited to the increasing cases of cyber-attacks, acceptance of cloud computing in a growing count of industries, and exponential dependency of governments, businesses, and individuals on the internet.
The industry is also projected to be propelled by the increasing
The U.K. data center market was valued at USD 7,921.6 million in 2023 and is expected to grow to USD 9,324.6 million by 2030, with a compound annual growth rate exceeding 2.4%.
The industry's growth is largely driven by the widespread adoption of cloud-based solutions and services. These solutions offer numerous benefits, such as ample storage, enhanced data security, access to various computing resources, and energy and cost savings at a low price.
According to a government agency, the U.K. is a
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Virtualization is becoming the new norm for enterprise data centers. It's also a key technology that can help you get to the cloud-and these days, the cloud is top of mind for most IT managers. If cloud is at the top of your agenda, you're probably lookin