Press Release: April 16, 2020
The global data center virtualization market is expected to grow at substantial rate in the near future. The rise in the demand by organisations for boosting business agility and cutting their operational costs as well as increased focus by companies towards reducing data center complexities are the key factors which are propelling the growth of the data center virtualization market. In addition, the rise adoption rate of private cloud and rapid increase data center traffic will further help the market to grow at a substantial rate during the forecast period.
On the basis of type, optimization services segment is expected to grow at the highest CAGR during the forecast period owing to the capability of these services to provide enhance operational efficiency and network security. On the other hand, healthcare segment is expected to grow at the highest rate during the forecast period as there has been increased focus of healthcare providers towards shifting their large data to data centres and cloud services.
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North America holds the largest market share in the global data center virtualization market as the adoption rate of data virtualization technology across various organisations is high. Also, the rising penetration rate of cloud services and presence of key market players in the region is fuelling the growth of the market in the region. On the other hand, Asia-Pacific is projected to grow at the fastest rate during the forecast period. The increased focus of organisations towards obtaining high data center efficiency in a cost-effective manner is the key factor which is expected to fuel the growth of the data center virtualization market in the region.
This research report on data center virtualization market provides in-depth analysis of the global data center virtualization market based on type, vertical and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for data center virtualization market. The report also analyses the competitive landscape and the major player and their market share in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.
The report also profiles the major companies active in this field, including Microsoft, VMware, Citrix Systems, Amazon Web Services, Cisco Systems, Radiant Communications, IBM, Fujitsu, AT&T , HPE
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Key questions this research would answer:
• Is the data center virtualization market growing? How long will it continue to grow and at what rate?
• What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
• What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the data center virtualization market?
• What are the various verticals and how they are poised to grow?
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About GMI Research
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