Data Center - Turkey

Turkey

Revenue in the Data Center market is projected to reach US$1.62bn in 2024.
Network Infrastructure dominates the market with a projected market volume of US$1.28bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.80%, resulting in a market volume of US$2.03bn by 2028.
In global comparison, most revenue will be generated in the United States (US$99.16bn in 2024).

Key regions: United States, Germany, India, Japan, China

Definition:

The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.

Structure:

The Data Center market is structured in three markets based on the services model provided by the companies.

The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.

Additional Information:

The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

The Data Center market in Turkey is experiencing significant growth and development, driven by various factors including increasing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Data Center market in Turkey are shifting towards more advanced and efficient solutions. Businesses are increasingly demanding data centers that can provide high-speed connectivity, scalability, and reliability. This is mainly due to the growing reliance on digital technologies and the need for seamless data management. As a result, data center providers in Turkey are investing in state-of-the-art infrastructure and technologies to meet these evolving customer preferences. Trends in the market are also contributing to the development of the Data Center market in Turkey. One major trend is the adoption of cloud computing services. Businesses are increasingly moving their operations to the cloud, which requires robust and secure data centers to store and manage their data. This trend is driving the demand for data center services in Turkey. Additionally, there is a growing focus on sustainability and energy efficiency in the data center industry. Data center providers in Turkey are implementing green initiatives and utilizing renewable energy sources to reduce their environmental impact and attract environmentally-conscious customers. Local special circumstances in Turkey are also playing a role in the development of the Data Center market. Turkey is strategically located between Europe and Asia, making it an ideal location for data centers that serve both regions. This geographical advantage allows data center providers in Turkey to offer low-latency connectivity and cater to a wider customer base. Furthermore, the Turkish government has implemented various initiatives to promote the digital economy and attract foreign investments in the IT sector. These initiatives include tax incentives, subsidies, and streamlined regulations, which have created a favorable business environment for data center providers. Underlying macroeconomic factors are also contributing to the growth of the Data Center market in Turkey. The country has a rapidly growing economy, with a large and young population that is increasingly embracing digital technologies. This has led to a surge in data generation and the need for efficient data management solutions. Additionally, Turkey has a robust telecommunications infrastructure, with high internet penetration rates. This infrastructure supports the growth of the Data Center market by providing the necessary connectivity for data centers to operate effectively. In conclusion, the Data Center market in Turkey is experiencing significant growth and development due to shifting customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. As businesses in Turkey continue to embrace digital technologies and demand more advanced data management solutions, the Data Center market is expected to thrive in the coming years.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.