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Data Center Virtualization Market by Type, Organization Size, Vertical And Region - Global Forecast to 2022

Data Center Virtualization Market: Global Forecast until 2022

  • January 2018
  • 142 pages
  • ID: 5281905
In this report:
THE OPTIMIZATION SERVICES SEGMENT IS EXPECTED TO GROW FROM USD ##.## MILLION IN 2017 TO USD ##.## MILLION BY 2022, AT THE HIGHEST CAGR OF ##.##% DURING THE FORECAST PERIOD.
THE BFSI VERTICAL SEGMENT IN THE ASIA PACIFIC REGION IS EXPECTED TO GROW FROM USD ##.## MILLION IN 2017 TO USD ##.## MILLION BY 2022, AT THE HIGHEST CAGR OF ##.##% DURING THE FORECAST PERIOD.

Summary

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Need to reduce operational costs and enhance business agility of enterprises are top factors projected to drive the data center virtualization market

The data center virtualization market is forecasted to grow from an estimated ~$3.8B in 2017 to ~$8.1B by 2022, at a Compound Annual Increase rate of 16.50 percent during the forecast period.

Factors, including need to minimize operational costs and enhance business agility of enterprises, demand for unified and centralized management of data centers, and rise in data center complexities are forecast to steer the data center virtualization market. Data center localization is a main aspect restraining the increase of the market

Established on category, the advisory & implementation segment is estimated to result the data center virtualization market in 2017

Established on category, the advisory & implementation services segment is estimated to result the sector in 2017, as companies transform their data centers to become more agile and cost-efficient are anticipated to require advisory & implementation services. The advisory & implementation services segment combines several services, including virtualization consulting, assessment, design, deployment, and implementation services

Based on vertical, the IT & Telecommunication segment is estimated to result the data center virtualization market in 2017

Based on vertical, the IT & Telecommunication segment of the data center virtualization market is estimated to result the data center virtualization market in 2017. The IT & Telecommunication vertical highly dependent on data centers for the efficient running of their business operations. The efficient operation of their data centers is of utmost importance to these firms as it directly affects their operational expenditure and impacts their global financial position. Thus this has led to the increased adoption of data center virtualization in the IT & Telecommunication market

The Asia Pacific data center virtualization market is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period

The data center virtualization services market has been studied for North America (NA), EU, Asia Pacific (APAC), Middle East (ME) & African continent, and Latin America area. Data center virtualization are being extensively adopted in the Asia Pacific, as institutions focus on optimizing operational costs and capital expenses and achieving high data center efficiency to meet the challenges of increasing businesses which, in turn, are anticipated to fuel the Asia Pacific data center virtualization market.

Comprehensive interviews were managed with Chief Executive Officers, marketing directors, innovative products and technology directors, and executives from numerous main institutions operating in the data center virtualization marketplace.

- By Company Type: Tier 1: 74.0 percent, Tier 2: 17.0 percent, and 1/3 3: 9.0 percent

- By Designation: C-Level: 45.0 percent, Director Level: 37.0 percent, and Others: 18.0 percent

- By area: North america (NA): 52.0 percent, Europe: 23.0 percent, APAC: 20.0 percent, and RoW: 5.0 percent

Segment Research

The data center virtualization market has been split on the basis of type, end-user, organization size, vertical, and area. Established on category, the data center virtualization services market has been split into advisory & implementation services, optimization services, operated services, and technical support services. Established on organization size, the data center virtualization services market has been divided into big enterprises and SMEs.

Established on vertical the data center virtualization market has been broken down into IT & Telecommunication, Banking Financial Services & Insurance, education, healthcare, government, retail & Supply Chain Management, media & entertainment, manufacturing & automotive and others(energy & utility and travel & hospitality). The data center virtualization market has been studied for North America continent, Europe (EU), Asia-Pac, the Middle East (ME) & African continent, and Latin America area.

Main highlights

The study will facilitate industry key players and new industry entrants in the data center virtualization market in these ways:

The analysis will facilitate industry top players/new sector entrants in this sector by providing them the closest approximations of revenues of the data center virtualization market and its sub-segments. This industry report will also assist partners better comprehend the competitor overview, gain additional insights to better option their businesses, and implement suitable go-to-market approaches. The market research will facilitate partners comprehend the pulse of the sector and offer them with info on main market drivers, market restraints, opportunities, and alternatives.

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