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The mega data centers market is driven by the proliferation of cloud computing, viability of co-location services, need for data center consolidation, and cost benefit of operation.

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The Mega Data Centers market report is an expert analysis report titled “Mega Data Centers: Market Shares, Strategies, and Forecasts, Worldwide, 2017 to 2023” explores Mega Data Centers market size by $459.7 million in 2015 to $1.6 billion in 2016. View more info @ https://goo.gl/a0MQUz . The research forecasts the market status will be USD $359.7 billion in 2023. The increasing scope of applications across different industries, manufacturing, medical, retail, game, and automotive, all industries really, is expected to drive demand over the forecast period to these unprecedented levels, reaching into the trillion dollar market arenas soon. The IoT technology is in the nascent stage with a huge growth potential, and has attracted large investments contributing to the industry growth.

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According to the report, one of the main drivers of this market is the growing Global Cloud Computing market, which has become one of the fastest-growing concepts in recent years. It enables the integration of both software and IT infrastructure, which can be delivered directly over the internet as a service. It provides a facility, whereby a company can expand network capacity to withstand the changing scenario. The IT landscape is transforming at a faster pace as businesses move their collaboration and computing applications to the cloud.