Data Center Virtualization Market worth 8.06 Billion US$ till 2022 | Growth Factors, Business Developments, Segmentation and Technologies

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The Data Center Virtualization Market is projected to grow from an estimated US$ 3.75 Billion in 2017 to US$ 8.06 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period. Factors, such as need to reduce operational costs and enhance business agility of enterprises, demand for unified and centralized management of data centers, and increase in data center complexities are expected to drive the data center virtualization market.

“Based on vertical, the IT &Telecommunication segment is estimated to lead the data center virtualization market in 2017”
Based on vertical, the IT & Telecommunication segment of the data center virtualization market is estimated to lead the data center virtualization market in 2017. The IT & Telecommunication vertical highly dependent on data centers for the efficient running of their business operations. The efficient operation of their data centers is of utmost importance to these companies as it directly affects their operational expenditure and impacts their overall financial position.

“The Asia Pacific data center virtualization market is expected to grow at the highest CAGR during the forecast period”
The Data Center Virtualization Services Market has been studied for North America, Europe, Asia Pacific (APAC), Middle East & Africa, and Latin America. Data center virtualization are being extensively adopted in the Asia Pacific, as organizations focus on optimizing operational costs and capital expenses and achieving high data center efficiency to meet the challenges of growing businesses which, in turn, are expected to fuel the Asia Pacific data center virtualization market.

The break-up of primary interviews is given below:
• By Company Type: Tier 1:74%, Tier 2:17%, and Tier 3: 9%
• By Designation: C-Level: 45%, Director Level:37%, and Others: 18%
• By Region: North America:52%, Europe: 23%,APAC: 20%, and RoW: 5%

Study Objectives:

• To forecast the size of market segments with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America

• To determine and forecast the global data center virtualization market based on type, organization size, vertical, and region from 2017 to 2022, and analyze various macro and micro-economic factors that affect market growth

• To strategically analyze each submarket with respect to individual growth trends, prospects, and contribution to the total market

• To analyze the opportunities in the market for stakeholders by identifying high-growth segments of the data center virtualization market

• To track and analyze competitive developments, such as mergers & acquisitions, product developments, agreements, partnerships & collaborations, and Research & Development (R&D) activities in the market

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Top Key Players in the “Data Center Virtualization Market” include are VMware (US),Microsoft (US),Citrix Systems (US),Adobe Systems (US),Amazon Web Services (AWS) (US),Cisco Systems (US),Fujitsu (Japan),Radiant Communications (Canada),HPE (US),AT&T (US),Huawei (China),HCL (India),IBM (US).

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