Dublin, May 15, 2023 (GLOBE NEWSWIRE) -- The "Data Center Virtualization - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Data Center Virtualization estimated at US$5.6 Billion in the year 2022, is projected to reach a revised size of US$18.8 Billion by 2030, growing at a CAGR of 16.4% over the analysis period 2022-2030.
Advisory & Implementation Services, one of the segments analyzed in the report, is projected to record a 16.1% CAGR and reach US$9.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Technical Support Services segment is readjusted to a revised 15.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 15.3% CAGR
The Data Center Virtualization market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 15.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 14.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.7% CAGR.
Select Competitors (Total 43 Featured) -
- Adobe Systems, Inc.
- Amazon Web Services, Inc.
- AT&T, Inc.
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- Fujitsu Ltd.
- HCL Technologies Ltd.
- Hewlett Packard Enterprise Development LP (HPE)
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Microsoft Corporation
- Radiant Communications Corporation
- VMware, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 193 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $5.6 Billion |
| Forecasted Market Value (USD) by 2030 | $18.8 Billion |
| Compound Annual Growth Rate | 16.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Data Center Virtualization: A Prelude
- Robust Growth Projected for Data Center Virtualization Market
- Data Center Virtualization - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Shift towards Software-Defined Data Center Creates Fertile Environment for Growth of Data Center Virtualization Market
- World Software-Defined Data Center Market (in US$ Billion) for the Years 2018 through 2025
- Emphasis on Energy Efficiency Drives Demand for Data Center Virtualization
- Server Virtualization: Reliable Approach to Achieve Data Center Space and Cost Reduction Benefits
- Data Centers Prioritize Desktop Virtualization to Augment Data Security and Administrative Control
- Data Center Automation Instigates Broad-based Opportunities for Virtualization
- World Data Center Automation Market (in US$ Billion) for Years 2019 and 2025
- Converged Data Center: The New Growth Vertical for Virtualization
- Virtualization Gains Traction in Healthcare Data Centers
- Banking & Finance Enterprise Data Centers Emphasize Virtualization
- Virtualization Gathers Steam in Telecommunication Enterprise Data Center
- Retail Enterprises Simplify Data Centers with Virtualization
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/c2rd3f
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