Growing penetration of colocation data centers and the rise in the number of data centers are expected to drive the demand for Turkey data center market in the forecast period, 2023-2027.
According to TechSci Research report, “Turkey Data Center Market By Region, Competition Forecast & Opportunities, 2027”, the Turkey data center market is expected to witness robust growth in the forecast period, 2023-2027. The data center is a physical facility in an organization made for sharing IT equipment and operations to store, process, and share data and applications. The shift from traditional on-premises physical servers to virtual based data centers owing to the rise in the awareness about the benefits of using cloud technology and advancements in multi-cloud computing is expected to drive the Turkey data center market demand in the forecast period. The data centers invest significant amounts in technological advancement and research and development activities and transform data centers into modern data centers. Modern data centers have started to use public and private cloud computing solutions to enhance their storage and operations. The rise in the number of industries and growing awareness about the benefits of using data center services are expected to propel the growth of the Turkey data center market over the next five years.
However, data privacy and security concerns may restrain the Turkey data center market growth in the forecast period.
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Turkey data center market is segmented into solution, type, end user industry, regional distribution, and competitive landscape.
Based on the solution, the market is divided into IT infrastructure, general infrastructure, electrical infrastructure, mechanical infrastructure, and other infrastructure. Out of these, IT infrastructure is expected to capture the highest market share in the forecast period. The surge in the investments for the development of data centers in the country and the entry of international market players in the market is further expected to influence the fuel the segment demand. Also, the expected deployment of 5G technology and the growing popularity of IoT-based devices are anticipated to boost the demand for IT infrastructure.
Based on type, the market is divided into corporate and web hosting. Corporate hosting is expected to dominate the market in the next five years. The growing competition among the top market players and the rise in the adoption of advanced technology to increase the organization's operational efficiency is driving the segment demand. Also, small and medium enterprises are actively investing in purchasing public cloud technology as it is more affordable and allows the end-user to access the data remotely from any location.
Based on the end user industry, the market is divided into IT & telecom, government, BFSI, healthcare, and others. The healthcare industry is expected to hold a significant market share in the forecast period. The Healthcare industry is undergoing digital transformation. The growing popularity of wearable and IoT devices and Telehealth services is increasing the workload of IT professionals in the healthcare industry. Due to the high data generation from the healthcare industry, the data is being shifted to the cloud or edge networks for higher flexibility increased cost savings, and better performance. The Healthcare industry has started to avail the services of data centers for effective utilization of the data generated.
Major market players operating in the Turkey data center market are:
- Telehouse Istanbul
- Amazon Web Services
- Turk Telekom
- Teknotel Telekom
- IBM Corporation
- Huawei Technologies
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“The total value of the IT industry in 2019 was USD26.8 billion and has witnessed an average growth of 17% in the past five years. The government of Turkey is working to attract more foreign direct investments and is allocating enormous funds for the development of the IT sector of the country. The Turkish government considers the ICT sector its priority sector. It has introduced several initiatives to promote the ICT industry by providing tax incentives and supporting research and development activities in the country. The booming IT sector generates vast amounts of data, thereby creating the need to store data. The data center market is at an early stage, and the rise in the number of data centers and the entry of foreign market players are expected to propel the growth of the Turkey data center market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Turkey Data Center Market By Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure and Other Infrastructure), By Type (Corporate and Web Hosting), By End User Industry (IT & Telecom, Government, BFSI, Healthcare and Others), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Turkey data center market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Turkey data center market.
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