PUBLISHER: Value Market Research | PRODUCT CODE: 1274320
PUBLISHER: Value Market Research | PRODUCT CODE: 1274320
The global demand for Data Center Transformation Market is presumed to reach the market size of nearly USD 74.54 BN by 2030 from USD 12.02 BN in 2022 with a CAGR of 25.62% under the study period 2023 - 2030.
Data center transformation refers to the process of modifying a data center to enhance its overall performance. It changes an organization's IT infrastructure to achieve better results. The process may include changes in the key parts of data center use, such as hardware setup, users and business processes. It increases the capabilities and efficiency of the organization. It assists the business in promoting the agile development process to be more competitive and meet the customer's expectations. It ensures reliability and reduces IT cost. Some of the data center transformations involves the integration of cloud computing devices and virtualization to the existing data center.
The demand for data center transformation market is anticipated to scale up due to the increasing adoption of big data and other technologies. The introduction of 5G technology is urging telecom service providers to provide efficient data storage and transfer, thus, boosting the demand for this market. Rising demand for digitalisation and the organization's willingness to modernize the workplace is surging the demand for this market. The cloud-based IT infrastructure trend and IT firms turning the existing IT setup into efficient cloud-based structures augment the demand for this market. Continuous technological innovation and integration of modern technology with AI, Blockchain, and IoT are projected to create numerous growth opportunities for this market in the upcoming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of data center transformation. The growth and trends of data center transformation industry provide a holistic approach to this study.
This section of the data center transformation market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Data Center Transformation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the data center transformation market include IBM Corporation, Cisco Systems Inc., Dell EMC, Microsoft Corporation, Schneider Electric SE, HCL Technologies, Cognizant, Accenture, Atos, Wipro. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.