NEW YORK, July 16, 2018 /PRNewswire/ -- Growing need to
address heavy congestion in data center network and demand for
improved data center efficiency is expected to fuel the demand for
data center transformation across the globe
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The global data center transformation market is expected to grow
from USD 6.45 billion in 2018 to
USD 12.00 billion by 2023, at a
Compound Annual Growth Rate (CAGR) of 13.2% during the forecast
period. Data center traffic is growing at a high rate and is
expected to double every two years as a result, data center
transformation proves to be beneficial in handling heavy data
traffics owing to consolidation and optimization of IT resources.
However, stringent regulations and difficulty in application
portability are expected to limit the growth of these
solutions.
The optimization services are expected to hold the largest
market size during the forecast period
Data center optimization increases the efficiency of enterprises'
data center operations.Optimization involves reconfiguring or
changing data centers to reduce the resources required but without
hampering the data center functionalities.
Data center optimization services help organizations determine how
to optimize performance and evolve their data centers to realize
more value out of the current infrastructure.
The enterprise end-user segment is expected to hold the largest
market size during the forecast period
The data center transformation market has been segmented by end
users into cloud service providers, colocation providers, and
enterprises.Enterprises require data centers for storing
mission-critical data for efficient business operations.
Many enterprises are setting up data center infrastructure for data
management and the centralization of the IT infrastructure.Data
center transformation facilitate the rapid deployment and
commissioning of data centers, which further boosts the efficiency
and reduces the capital expenditure.
Due to these benefits, enterprises are increasingly adopting data
center transformation services.
North America is estimated to
have the largest market share in 2018, and Asia Pacific is projected to grow at the
highest rate during the forecast period
North America is estimated to hold
the largest market size in the global data center transformation
market in 2018, and the trend is expected to continue during the
forecast period.Growth in the adoption of cloud-based services
among SMEs and large enterprises is expected to drive the data
center transformation market in this region.
On the other hand, the data center transformation market in
Asia Pacific (APAC) is expected to
witness an exponential growth to become the fastest-growing regions
in the global data center transformation market. This is attributed
to the large-scale adoption of data center transformation services
for increasing data center reliability and cost-effectiveness in
these regions.
In the process of determining and verifying the market size for
several segments and subsegments gathered through secondary
research, extensive primary interviews were conducted with the key
people. The break-up of the profiles of the primary participants is
given below:
• By Company Type: Tier I: 17%, Tier II: 50%, and Tier III: 33%
• By Designation: C-Level: 33%, D-Level: 50%, and Others: 17%
• By Region: North America: 33%,
Europe: 17%, and RoW: 50%
The key vendors profiled in the report are as follows:
1. Micro Focus (UK)
2. Dell EMC (US)
3. IBM (US)
4. Atos (France)
5. Cisco Systems (US)
6. DynTek (US)
7. Schneider Electric (France)
8. NTT Communications (Japan)
9. Microsoft (US)
10. Bytes Technology Group (South
Africa)
11. Tech Mahindra (India)
12. HCL Technologies (India)
13. Performance Technologies (Greece)
14. Rahi Systems (US)
15. Inknowtech (India)
16. GreenPages (US)
17. General Datatech (US)
18. Mindteck (India)
19. Accenture (Ireland)
20. Wipro (India)
21. SoftChoice (Canada)
22. Hitachi (Japan)
23. Cognizant (US)
24. NetApp (US)
25. Insight Enterprise (US)
Research Coverage
The market is segmented on the basis of service type (consolidation
services, optimization services, automation services, and
infrastructure management services).The tier type includes Tier 1,
Tier 2, Tier 3, and Tier 4.
The end-user segment includes cloud service providers, colocation
providers, and enterprises.The data center size segment consists of
small data centers, medium-sized data centers, and large data
centers.
The market by vertical covers BFSI, IT and telecom, government and
defense, healthcare, transportation, retail, energy, manufacturing,
and other verticals (education, and media and entertainment). The
market has also been segmented on the basis of major regions into
North America, Europe, APAC, Middle
East and Africa (MEA), and
Latin America.
The report is expected to help the market leaders/new entrants
in the following ways:
1. The report segments the data center transformation market
comprehensively and provides the closest approximations of the
revenue numbers for the overall market and subsegments across
different industries and regions.
2. The report is expected to help stakeholders understand the pulse
of the market and provide them with the information on the key
market drivers, restraints, challenges, and opportunities.
3. The report is expected to help stakeholders better understand
their competitors and gain more insights to enhance their position
in the market. The competitive landscape section includes new
product launches, partnerships, agreements and collaborations,
mergers and acquisitions, and expansions related to the global data
center transformation market.
Read the full report: https://www.reportlinker.com/p05474774
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