Enterprise IT Infrastructure Market — Advanced technology in the Industry Expanding at a Rapid Pace

Enterprise information technology (IT) infrastructure refers to the software, hardware, network resources, and services associated with the management of enterprise IT environment. Enterprise IT infrastructure supports an organization to deliver IT services and solutions to customers, partners, and employees. Enterprise IT infrastructure is usually internal to an organization and deployed within owned facilities. It comprises numerous components that play a vital role in overall IT-enabled and dedicated IT operations. These infrastructure components can be used to benefit various IT or business solutions, internal business operations.
The global enterprise IT infrastructure market is expanding at a rapid pace. Rise in enterprise IT infrastructure spending is anticipated to drive the market in the next five years. Demand for enterprise IT infrastructure is projected to rise in the near future, owing to increase in investment in advanced technology in the industry. Surge in investment in next-generation enterprise infrastructure is expected to propel the market during the forecast period. However, significant capital expenditure required is likely to hamper the growth of the global enterprise IT infrastructure market in the next few years.
Proliferation of cloud computing, which includes emerging technologies such as virtualization, software-defined storage, and Internet of Things (IoT), is helping enterprises to create flexible infrastructure to cater to enterprises’ customized demand. Moreover, rise in adoption of big data across small, medium, and large enterprises is anticipated to present lucrative opportunities for the players operating in the global enterprise IT infrastructure market.
The global enterprise IT infrastructure market can be segmented based on component, enterprise size, deployment, and region. In terms of component, the enterprise IT infrastructure market can be divided into software, hardware, and services. The software segment can be classified into customer relationship management (CRM), enterprise resource planning (ERP), productivity applications, and others. The hardware segment can be categorized into networking devices, storage devices, servers, and others.
The services segment can be divided into platform as a service, content delivery network, infrastructure as a service (IaaS), and colocation & managed hosting services. Based on deployment, the global enterprise IT infrastructure market can be bifurcated into on-premise and cloud.
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