DUBLIN--(BUSINESS WIRE)--The "Data Center Virtualization Market by Type (Advisory & Implementation Services, Optimization Services, Managed Services, Technical Support Services), Organization Size (Large Enterprises, SMEs), Vertical & Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The data center virtualization market is estimated at USD 3.75 Billion in 2017 and is projected to reach USD 8.06 Billion by 2022, at a CAGR of 16.5% from 2017 to 2022.
Key factors propelling the growth of the market include the need to reduce operational costs and enhance business agility of enterprises and demand for unified and centralized management of data centers.
North America is estimated to be the largest market for data center virtualization in 2017, as organizations in this region are early adopters of the data center virtualization technology. Additionally, the presence of key market players in this region, such as VMware (US), Microsoft (US), Amazon Web Services (US), and Citrix Systems (US) is also driving the adoption of the data center virtualization.
This region is also experiencing very high cloud adoption, and cloud service providers are expanding and improving their infrastructure by adopting virtualization services. Many other organizations are opting for data center virtualization to increase agility, scalability, and flexibility of their private data centers, which, in turn, is expected to drive the growth of the data center virtualization market in this region.
Key players operating in the data center virtualization market include VMware (US), Microsoft (US), Citrix Systems (US), IBM (US), and Cisco Systems (US). These companies focus on the adoption of various growth strategies such as agreements, partnerships and collaborations, new product launches, and product enhancements to strengthen their market positions in the market.
- Need to Reduce Enterprise Operational Costs and Enhance Business Agility
- Demand for Unified and Centralized Management of Data Centers
- Increase in Data Center Complexities 34
- Data Center Localization
- Increased Adoption of Private Cloud
- Increased Spending On Data Center Technology
- Exponential Growth in Data Center Traffic
- Lack of Awareness Regarding Virtualization Technology
- Limitations Associated With the Virtualization of Legacy IT Infrastructure
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Data Center Virtualization Services Market, by Type
7 Data Center Virtualization Services Market, by Organization Size
8 Data Center Virtualization Services Market, by Vertical
9 Data Center Virtualization Services Market, by Region
10 Competitive Landscape
11 Company Profiles
- Amazon Web Services
- Cisco Systems
- Citrix Systems
- Radiant Communications
- TSO Logic
For more information about this report visit https://www.researchandmarkets.com/research/htflvv/global_data?w=4