DUBLIN--(BUSINESS WIRE)--The "Data Center Transformation Market by Service Type (Consolidation Services, Optimization Services, Automation Services, and Infrastructure Management Services), Tier Type, End-User, Data Center Size, Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
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.
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 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.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Data Center Transformation Market, By Service Type
7 Market By Tier Type
8 Data Center Transformation Market, By End-User
9 Market By Data Center Size
10 Data Center Transformation Market, By Vertical
11 Data Center Transformation Market, By Region
12 Competitive Landscape
13 Company Profiles
- Bytes Technology Group
- Cisco Systems
- Dell EMC
- General Datatech
- HCL Technologies
- Insight Enterprises
- Micro Focus
- NTT Communications
- Performance Technologies
- Rahi Systems
- Schneider Electric
- Tech Mahindra
For more information about this report visit https://www.researchandmarkets.com/research/g4g3vt/global_data?w=4