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Data Center Transformation Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

06-06-2024 06:14 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Data Center Transformation Market Size, Trends, Latest

The global data center transformation market is anticipated to grow at a CAGR of 13.5% during the forecast period. Server virtualization involves creating multiple virtual servers on one physical server to make better use of resources, cut costs, and increase scalability. Storage virtualization simplifies the management, allocation, and scaling of storage capacity. Network virtualization separates network services from physical infrastructure to improve network agility and reduce hardware dependencies. Companies may move data, applications, and workloads to the cloud and integrate on-premises and cloud resources, and consolidate multiple data centers to save costs and improve resource utilization. Software-defined data centers abstract and virtualize data center components, making it easier to manage the data center. Furthermore, the market's growth is attributed to growth in data rapidly. In order to handle the expanding data amounts, improved data center architecture has been developed as a result of the data explosion caused by IoT devices, social media, video streaming, and other elements. For instance, in May 2023, Iron Mountain Data Centers (IMDC) launched its 1st data center (HYD-1) on its campus in Hyderabad, India. HYD-1 is a Tier III-designed datacenter that can support up to 5.5 MW of IT load within a 120,000 square feet facility.

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Furthermore, several nations and regions, including Oman, have introduced data protection laws that necessitate the storage and processing of certain kinds of data, particularly sensitive or personal data, within the country's borders. For instance, in June 2023, Oman and OQ signed an agreement to adopt RISE with SAP and to run its SAP solutions, including integrated enterprise resource planning (ERP) across all of its business assets, on the new in-country data center, making it the 1st SAP Oman private cloud customer.

Global Data Center Transformation Market Report Segment

By service

• Consolidation Services
• Optimization Services
• Automation Services
• Infrastructure Management Services

By Tier of Data

• Tier 1
• Tier 2
• Tier 3
• Tier 4

By Data Center

• Cloud Data Center
• Colocation Data Center
• Enterprise Data Center

By Vertical

• IT and Telecommunications
• Government and Defense
• Manufacturing
• Oil and Gas
• Others (Healthcare, Transportation)

Global Data Center Transformation Market Report Segment by
A full report of Data Center Transformation Market available @ https://www.omrglobal.com/industry-reports/data-center-transformation-market

Data Center Transformation Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Amazon Web Services, Inc.
• Atos
• Cisco Systems, Inc.
• Cognizant Technology Solutions Corp.
• Google
• HCL Technologies Ltd.,
• Hitachi, Ltd.
• IBM Corporation
• Microsoft

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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