Virtual Data Center Market is projected to reach $627.17 billion by 2032,-VMware, Microsoft, Citrix Systems, Amazon Web Services, Cisco Systems, AT&T, Fujitsu, Radiant Communications, HPE, Huawei, HCL, IBM

The global data center market was valued at $192.25 billion in 2021, and is projected to reach $627.17 billion by 2032, registering a CAGR of 10.5% from 2021 to 2032.

Well explained SWOT analysis, revenue share, and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities. Demand for new data centers is likely to surge at a CAGR of 14.3%. The global ICT market was valued at around US$ 5 trillion in 2020, with data centers holding 1.38% share of the same.

Datacenter physical facility in an enterprise designed to share IT operations and equipment's to store, process, and disseminating data and applications. Further, the data center in an enterprise based on a network of computer applications and storage solutions intended to share information and data. The shift in traditional on-premises physical servers to the virtual network-based data center, owing to the advancement in multi-cloud computing, is driving the growth of data centers globally. The modern data center in an enterprise can communicate with multiple sites, both cloud computing and on-premises.
Revenue Analysis of Data Centers (2017-2021) vs Market Projections (2022-2032)
Value generation from data centers increased at a CAGR of 9.4% from 2017 to 2021.
The South Asia & Oceania region holds a market value of around US$ 8 Bn, owing to high rate of technology adoption.
East Asia and Europe contributed significantly to the growth of the data center space, and account for around 17% and 26% market share, respectively.
Network design and network analysis in consulting hold market shares of 25.4% and 13%, respectively.
The IT & telecom sector is likely to enjoy a major market share of 31% in data centers by the end of 2032.

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Key Players Mentioned in the Global Virtual Data Center Market Research Report:

VMware, Microsoft, Citrix Systems, Amazon Web Services, Cisco Systems, AT&T, Fujitsu, Radiant Communications, HPE, Huawei, HCL, IBM

Global Virtual Data Center Market Segmentation:

Virtual Data Center Market Types:

Advisory & Implementation Services, Optimization Services, Managed Services, Technical Support Services.

Virtual Data Center Market Applications:

IT & Telecommunication, Banking Financial Services & Insurance (BFSI), Education, Healthcare, Government, Others

Increased Reliance on the Virtual Space across Residential & Commercial Spaces

With growing trend of virtualization, capacity enhancement and high efficiency quotient with respect to data and information security and deployment have been in limelight. The data center industry has been significantly influenced by virtualization technologies; for example, data center in cloud computing.

Middleware virtualization, operating system virtualization, and hardware virtualization are witnessing higher demand in the data center space, given the enhanced functioning of systems using the virtualization concept. It assists the operator in a data center to carry out rapid deployment operations as well as effectively manage cooling and power challenges.

Moreover, it simplifies the management of traditional and cloud-based systems by bringing in automation in the network and various other storage devices. It also facilitates enhanced investment protection and better resource utilization, along with improving flexibility, scalability, and interoperability of the entire system, which is expected to drive the data center design market during the period of assessment.

How will the Middle East & Africa Fare in the Data Center Industry?
Increasing Investments in Big Data Augmenting Demand

As countries in the Middle East and Africa (MEA) look forward to transform their respective economies, technology is expected to play a vital role, with cloud services being the epicenter of this transformation. Companies are also planning to invest in MEA in order to grab a significant share of the cloud computing business in the region.

For instance, Microsoft Corporation is planning to capture Middle Eastern markets such as Abu Dhabi and Dubai to open cloud data centers in these countries.
The MEA region is likely to reach a valuation of around US$ 11 Bn by 2032.

How is the Market for Data Centers Expected to Fare across Japan?
Increasing scope of machinery, robotics and medical & scientific research

Japan is considered as a data center powerhouse, consisting numerous data center clusters offering several colocation opportunities. Significant opportunities can be grabbed in the country in the data center space, given its lucrativeness in the field of technology, machinery, robotics, medical and scientific research, and machinery.

The market in Japan for data center services is likely to expand at a CAGR of 12% over the forecast period.
How are New Data Centers Impacting Market Valuation?
Emergence of new Hyperscale Data Centers and Revamping of Existing Ones Encouraging Growth

Growth of new data centers is primarily driven by hyper scale data center companies who are changing way IT spaces are operated and built. In the meantime, existing data center companies are revamping their construction strategies for delivering capacity faster in larger chunks.

The ongoing shift of enterprise IT workloads, moving out of the on-premise data center to purpose-built facilities that are operated by colocation and cloud platforms providers, is one megatrend. It is expected that the valuation of new data centers is likely to reach US$ 200 Bn by 2032.
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COVID-19 Impact

Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Virtual Data Center Market in 2022.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

The objective of the studies:

- To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the global Virtual Data Center Market.

-Provide information on factors affecting the growth of the market. To analyze the Virtual Data Center Market based on various factors- price analysis, supply chain analysis, Gate Five force analysis, etc.

-Provide historical and forecast revenue of market segments and sub-segments for four major geographies and their countries - North America, Europe, Asia, Latin America and Rest of the World.

-Provide country level market analysis relative to current market size and future prospects.

- To provide country level market analysis for the segment by application, product type and sub-segments.

-Provide a strategic profile of the major market players, by deeply analyzing their core competencies and drawing a competitive landscape for the market.

- Track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Virtual Data Center Market.

Table of Contents:

1 Study Coverage

2 Market by Type

3 Market by Application

4 Global Virtual Data Center Competitor Landscape by Company

5 Global Virtual Data Center Market Size by Region

6 Segment in Region Level & Country Level

7 Company Profiles

8 Industry Chain and Sales Channels Analysis

9 Research Findings and Conclusion

Conclusion: At the end of Virtual Data Center Market report, all the findings and estimation are given. It also includes major drivers, and opportunities along with regional analysis. Segment analysis is also providing in terms of type and application both.

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Competitive Landscape
Major companies have strong customer networks across the globe. Market frontrunners are tech giants with deep pockets, which aids them to invest heavily in development. Additionally, these players offer diversified services that are tailored as per individual customers.

Growth strategies adopted by market participants are agreements & contracts, collaborations, and new product developments to withstand their market position.

In 2019, Qualcomm Technologies, Inc. launched an AI-based chip family named as Cloud AI 100. The ASIC family comes in a variety of thermal design and form factor points to make a different use case. This newly launched chip is heightened with refined features of AI to provide better performance for devices

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