Press release
Data Center Transformation Market Future Growth Outlook 2021-2026 | IBM Corporation, Cisco Systems, Inc., NetApp, Inc., NTT Communications
The Data Center Transformation Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Data Center Transformation market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Data Center Transformation market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Data Center Transformation market.The data center transformation market was valued at USD 7.47 billion in 2019 and is expected to reach USD 15.45 billion by 2025, at a CAGR of 12.88% over the forecast period 2020 - 2025.
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Top Leading Companies of Data Center Transformation Market are - IBM Corporation, Cisco Systems, Inc., NetApp, Inc., NTT Communications, Dell EMC (Dell Inc.), Microsoft Corporation, Schneider Electric SE, HCL Technologies Limited, Wipro Technologies, Hitachi Vantara Federal, Corporation, Emerson Network Power, Inc and others.
Industry News and Updates:
- June 2019 - Microsoft Corporation and Oracle Corporation have reportedly reached an agreement to make their two cloud computing services work together with high-speed links between their data centers.
- May 2019 - Microsoft Corporation announced that it will build some of its most advanced datacenters to date in Sweden. These new data centers in G-vle and Sandviken are planned to be among the most sustainable in the world. Microsoft is building these data centers to meet the needs of future cloud services
Key Market Trends:
Data Center Consolidation Service are Expected to Grow at a Significant Rate
- Data center consolidation is the service that organizations provide which plans to reduce the size of a single center or merge one or more center in order to reduce the overall operating costs and reduce IT footprint.
- Data center consolidation services offered by vendors in the market allow enterprises to have better and efficient control of their data center assets. Consolidating physical locations, consolidating software into less hardware, etc, are the solutions provided by the vendors for the data centers.
North America Occupies the Largest Market Share
- The North American region holds the largest market share of the global cloud and internet data centers according to CNNIC. This high share can also be due to the fact that many major players are headquartered in this region.
- North America also contributes substantially to the global data center demand from various end-user industries such as IT, BFSI, retail, and healthcare.
- The Data Center Optimization Initiative (DCOI) by the federal government primarily aims to encourage data center players to consolidate the inefficient infrastructure, optimize existing facilities, achieve cost savings, and transition to a more efficient infrastructure.
- To generalize the statement, through this initiative the government intention is to reduce the costs of physical data centers by a minimum of 25% by the end of the fiscal year 2018. The dominance of this region in the market, combined with the increasing need to reduce operational costs, provides scope for the adoption of data center transformation solutions, hence driving the market.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Data Center Transformation Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Data Center Transformation Market (%),2016 - 2026
- Data Center Transformation Market Share, By Brand
- Data Center Transformation Market Share, By Company
- Data Center Transformation Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Data Center Transformation Market Value Analysis & Forecast
- Promising Data Center Transformation Development by Major Companies
- Detailed Data Center Transformation Portfolio of the Major Companies
- Major Deals in the Data Center Transformation Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/01091745811/data-center-transformation-market-growth-trends-and-forecast-2020-2025
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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