Dublin, April 06, 2023 (GLOBE NEWSWIRE) -- The "Data Center Transformation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Data Center Transformation estimated at US$7.1 Billion in the year 2022, is projected to reach a revised size of US$18.6 Billion by 2030, growing at a CAGR of 12.8% over the analysis period 2022-2030.
Consolidation, one of the segments analyzed in the report, is projected to record a 12.1% CAGR and reach US$7.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Optimization segment is readjusted to a revised 13.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 11.9% CAGR
The Data Center Transformation market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 11.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.6% and 11% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.
Select Competitors (Total 42 Featured) -
- Accenture
- Atos
- Bytes Technology Group
- Cisco Systems, Inc.
- Cognizant Technology Solutions Corporation
- Dell EMC
- DynTek, Inc.
- General Datatech, LP.
- Greenpages
- HCL Technologies Ltd.
- Hitachi Ltd.
- IBM Corporation
- InKnowTech Private Limited
- Insight Enterprises, Inc.
- Micro Focus International PLC
- Microsoft Corporation
- Mindteck
- NetApp, Inc.
- NTT Communications Corporation
- Performance Technologies S.A.
- Rahi Systems, Inc.
- Schneider Electric SA
- Softchoice Corporation
- Tech Mahindra Ltd.
- Wipro Ltd.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $7.1 Billion |
| Forecasted Market Value (USD) by 2030 | $18.6 Billion |
| Compound Annual Growth Rate | 12.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Data Center Transformation: A Prelude
- Steady Growth Projected for Data Center Transformation Technologies Market
- Data Center Transformation - 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
- Uptrend in Data Center Spending Worldwide Favors Robust Growth in Transformation Technologies Market
- Data Center Bandwidth Requirements Continue to Escalate Worldwide
- Global Data Center IP Traffic in Exabytes by Segment for the Years 2016 through 2022
- Rise of Cloud Data Center Triggers Broad-based Opportunities for Transformation Solutions
- Cloud Data Center Traffic as a Proportion of Total Data Center Traffic Worldwide for the Years 2017 through 2022
- Emphasis on Data Center Consolidation Widens Market Opportunities
- Drive towards Data Center Automation Paves Way for Wider Uptake of Transformation Solutions
- Sustained Focus on Data Center Infrastructure Management Augurs Well
- Growing Importance of Data Center Optimization Underpins Market Expansion
- AI and ML Come Fore to Reinforce Data Center Transformation Marketplace
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/uhoreh
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