Press release
Data Center Optimization Service Market Growth to be Driven by Technological Advancements 2016 - 2026
Data Center Optimization Service Market: SegmentationData center optimization service market is segmented on the basis of service type, service, vertical and region. On the basis of service type, data center optimization service market can be segmented into storage administration & inspection service, virtualization service, networking service, migration service, power management service, SAN optimization service and data center design service. According to service, data center optimization service market can be segmented into implementation, consulting, maintenance, training & outsourcing service. Data center optimization service market can be segmented according to vertical which includes public, retail, manufacturing, media & entertainment, transportation & logistics, IT & telecommunication, banking, financial service and insurance (BFSI), healthcare and energy & utility. Regionally, data center optimization service market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.
Data Center Optimization Service Market: Regional Outlook
Data center optimization service market is witnessing high growth and is expected to witness double digit CAGR during the projected period. North America is the dominating region in data center optimization service market and is expected to remain dominant followed by Western Europe during the forecast period. Asia-Pacific is expected to exhibit highest growth due to increasing number of data centers across countries like India, Philippines and China.
Data Center Optimization Service Market: Drivers
Data center optimization service market is being primarily driven by increasing need to cut operational costs by organizations. Furthermore, increasing number of key regulations on environment safety and sustainability by government of many countries, coupled with increasing number of data centers by cloud & colocation providers across the globe are further expected to fuel the growth of data center optimization service market during the projected period. However, limited capital expenditure assigned for infrastructure by organizations is expected to deter the growth of data center optimization service market amidst the forecast period 2016-2026.
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Data Center Optimization Service Market: Key Players
The key vendors in the data center optimization service market include IBM Corporation, Cisco Systems Inc., Hewlett-Packard Company, Fujitsu Ltd., Intel Corporation, Cap Gemini SA, Symantec Corporation, Oracle Corporation, Schnieder Electric SE, EMC Corporation and others. Major players in the data center optimization service market boost their market share by entering into various mergers & acquisitions agreement. Furthermore, long-term collaborations with cloud-based providers is another strategy followed by major data center optimization service providers to gain competitive edge.
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