Press release
Data Center Virtualization Market may reach to $8.06 Billion by 2022
Data Center Virtualization Market
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Based on type, the optimization services segment of the data center virtualization market is expected to witness the highest growth during the forecast period
Based on type, the optimization services segment is expected to witness the highest growth during the forecast period. The optimization services segment includes services for virtualization health check, data center disaster recovery, performance management, and virtual data center optimization assessment. Optimization services assist data center administrators to easily manage and scale their data centers. Hence, the demand for optimization services by organizations is expected to witness the highest growth during the forecast period.
Based on organization size, the Small- & Medium-sized Enterprises (SMEs) segment of the data center virtualization market is expected to grow at the highest CAGR during the forecast period
Based on organization size, the Small- & Medium-sized Enterprises (SMEs) segment of the Data Center Virtualization market is estimated to witness the highest growth rate during the forecast period. SMEs are adopting off-premises/cloud-based data center virtualization on a large scale to minimize the costs of hardware and maintenance for on-premises data centers, which are more suited to their financial budgets. Therefore, the SMEs segment is expected to register a high growth rate in the data center virtualization market.
Based on vertical, the healthcare segment is expected to grow at the highest CAGR during the forecast period
Based on vertical, the healthcare segment of the data center virtualization market is expected to witness the highest growth in the coming years. Healthcare organizations have moved to data centers and cloud services to manage and process the ever-growing amount of data, which provides huge growth opportunities for Data Center Virtualization vendors.
North America is expected to lead the data center virtualization market in 2017
North America is estimated to lead the data center virtualization market in 2017, as organizations in this region are early adopters of the Data Center Virtualization technology. Additionally, the presence of key market players in this region, such as VMware (US), Microsoft (US), Amazon Web Services (US), and Citrix Systems (US) is driving the adoption of data center virtualization. This region is also experiencing very high cloud adoption and to improve their infrastructure, cloud service providers are adopting virtualization services. Many other organizations are opting for Data Center Virtualization to increase agility, scalability, and flexibility of their private data centers, which, in turn, is expected to drive the growth of the data center virtualization market in this region.
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Some of the major Data Center Virtualization vendors include 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), and IBM (US).
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