PUBLISHER: Grand View Research | PRODUCT CODE: 1611793
PUBLISHER: Grand View Research | PRODUCT CODE: 1611793
The global data center transformation market size is estimated to reach USD 28.62 billion by 2030, registering to grow at a CAGR of 15.7% from 2025 to 2030 according to a new report by Grand View Research, Inc. The demand for data center transformation is likely to grow owing to increasing investment in data center technologies.
The COVID-19 pandemic had a positive impact on the data center transformation market. The leading players increasing inclination toward data security as a result of the pandemic is creating growth prospects for the data center transformation market. Businesses worldwide are making efforts to expedite their digital transformation initiatives to remain viable. Consumers are spending most of their time online. This has led to a rise in demand for data centers with increased storage.The pandemic made it difficult for businesses of all sizes, particularly small ones, to maintain on-premises servers. And they have begun migrating to the cloud. This has resulted in a surged requirement for cloud servers and infrastructures.
The rising adoption of Internet-enabled gadgets worldwide has resulted in a significant increase in the volume of data collected by industries. The introduction of 5G technology, which provides fast data streaming speed, is anticipated to encourage a large number of customers to use digital services. This has prompted IT and telecommunication service providers to deploy enhanced data storage and transportation systems.