Press release
Virtual Data Center Market Business Scenario 2021- VMware, Microsoft, Citrix Systems, Amazon Web Services, Cisco Systems, AT&T
The Latest report about the Virtual Data Center market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Virtual Data Center market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.Virtual Data Center Market was valued at USD 4.31 Billion in 2018 and is projected to reach USD 13.71 Billion by 2026, growing at a CAGR of 15.6% from 2019 to 2026
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:
VMware, Microsoft, Citrix Systems, Amazon Web Services, Cisco Systems, AT&T, Fujitsu, Radiant Communications, HPE, Huawei, HCL, IBM,
Industry Recent Developments and Updates
2021-04-21 Microsoft launches virtual datacenter tour to enable everyone to experience the foundation of work, life and play- As Asia moves out of the pandemic, cloud is not only a critical foundation for business resilience but will also be a key driver of the region's next wave of economic growth. Recent research by IDC, shows that Microsoft's most recent datacenter expansions in Malaysia, Indonesia, and Taiwan alone, in partnership with its ecosystem, are set to generate more than $21 billion in new revenues and will create 100,000 new jobs in the next four years[1]. Microsoft is also unveiling an immersive virtual datacenter tour to empower every individual to experience the foundation for today's work, life, and play – the Microsoft Cloud.
Trend Micro launches regional data centre in India- Cybersecurity firm Trend Micro has launched its Cloud One regional data centre in India, to uphold data sovereignty and safeguard data privacy.
NEC launches "MasterScope Virtual DataCenter Automation," a new cloud platform software for automating cloud operations through OpenFlow- NEC Corporation (NEC; TSE: 6701) today announced the launch of "MasterScope Virtual DataCenter Automation Ver 2.0," a new cloud platform software that supports automatic configuration, deployment and operation of cloud (Infrastructure as a Service) environments within data centers owned by enterprises and service providers. Initially, the product is geared for the domestic market, but plans to expand sales to additional markets, including North America, Europe and APAC.
2 June 2021 NTT launches new Global Data Center Interconnect network service for optimizing hybrid cloud environments- Tokyo –NTT Ltd., a world-leading global technology services provider, today announced the launch of Global Data Center Interconnect (GDCI), an integrated global network fabric service that delivers private and secure connections between NTT’s global data centers and major cloud service providers with a single physical port supporting multiple virtual network services. NTT’s GDCI is based on sophisticated software-defined network technology.
Market Overview
Datacenter virtualization is the method of designing, deploying, and improving data center on cloud computing and virtualization technology. The data center fundamentally enables the virtualization of the physical server in the data center alongside networking, storage, and other equipment and infrastructure devices. The data center virtualization usually creates a virtualized collocated and cloud virtual or cloud center. The data center virtualization covers an extensive range of technology, tools, and several processes that facilitate a data center to implement and operate services on tops of a technology or virtualization layer. The data center virtualization enables the transformation of an existing or a traditional data facility to be utilized as a host of various virtualized data centers on the similarly existing physical infrastructure. This infrastructure or facility could be repeatedly applied for a simultaneous or separate organization or application. The above-mentioned factors assist optimizing resources to form the infrastructure resource and further aids in decreasing operational cost and center capital.
The rising investments towards the expansion of a digital economy that includes improving urban and rural broadband connectivity, assisting in facilities for technological advancements, and, laying submarine fiber cables shall drive the global demand for the VDC industry. The substantial use of 4G technology along with the evolving 5G technology rollouts is likely to grow internet penetration and augment industry growth. Additionally, the development of edge computing can be attributed to nurturing facilities development within the virtual data center market. Extensive implementation of services such as big data, artificial intelligence (AI), cloud, and IoT is enabling operators to use high-performance work critical IT infrastructure within the IT & telecommunication domain.
The Internet Data Centers market in the U.S. is estimated at US$16 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$32 Billion by the year 2027 trailing a CAGR of 17.5% over the analysis period 2020 to 2027.
Breakdown Data by Type
Advisory & Implementation Services
Optimization Services
Managed Services
Technical Support Services
Virtual Data Center Breakdown Data by Application
IT & Telecommunication
Banking Financial Services & Insurance (BFSI)
Education
Healthcare
Government
Others
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Virtual Data Center market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
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Virtual Data Center Analysis and Strategies Carry Out as below:
The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Virtual Data Center market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Virtual Data Center market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Virtual Data Center Market report.
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
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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