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Global Data Centre Transformation Market Share, Report, Trends, Growth, Size, Key Players, Forecast 2024-2032
According to the report by Expert Market Research (EMR), the global Data Centre Transformation Market Share reached a value of USD 9.5 billion in 2023. Aided by the growing demand for advanced and efficient data management solutions and the rising adoption of digital transformation strategies across various industries, the market is projected to further grow at a CAGR of 14.30% between 2024-2032 to reach a value of USD 20.85 billion by 2032.Data centre transformation refers to the process of modifying an existing data centre to improve and enhance its performance, efficiency, and scalability. It involves the integration of innovative technologies and solutions such as cloud computing, virtualisation, artificial intelligence, and automation, among others. It plays a crucial role in reducing operational costs, enhancing business agility, and improving service quality and delivery.
The global data centre transformation market growth is primarily driven by the increasing demand for advanced data management solutions. With the exponential growth of data generated by businesses, there is a growing need for efficient data management solutions that can handle, store, and process large volumes of data. This trend has led to an increased adoption of data centre transformation services.
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Furthermore, the rising adoption of digital transformation strategies across various industries is also fuelling the data centre transformation market demand. As businesses strive to stay competitive in the digital era, they are increasingly leveraging digital technologies to transform their operations, processes, and business models. This trend is driving the need for robust and efficient data centres, thereby boosting the data centre transformation market.
The expanding applications of data centre transformation in various sectors also contribute significantly to the data centre transformation market expansion. Industries such as IT and telecom, banking, financial services and insurance (BFSI), healthcare, retail, and manufacturing, among others, are increasingly adopting data centre transformation services to improve their data management capabilities and operational efficiency.
Moreover, the growing emphasis on energy-efficient and sustainable data centre solutions is further propelling the market growth. With increasing concerns over energy consumption and environmental impact, businesses are seeking green data centre solutions that are energy-efficient and environmentally friendly. The trend towards sustainable data centres is thereby fostering the data centre transformation market growth.
Data Centre Transformation Market Segmentation
The market can be divided based on services, end user, industry vertical, and region.
Market Breakup by Services
Consolidation
Optimisation
Automation
Infrastructure Management
Market Breakup by End User
Cloud Service Providers
Colocation Providers
Enterprises
Market Breakup by Industry Vertical
BFSI
IT and Telecommunications
Government and Defence
Energy
Manufacturing
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/data-centre-transformation-market
Competitive Landscape of Data Centre Transformation Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global data centre transformation companies. Some of the major key players explored in the report by Expert Market Research are as follows:
IBM Corporation
Cisco Systems, Inc
Dell Technologies, Inc
Microsoft Corporation
Schneider Electric SE
HCL Technologies Limited
Cognizant Technology Solutions Corporation
Open Text Corporation (Micro Focus International Plc)
Others
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