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Data Center Virtualization Market Outlook 2021-2026: Expected Growth Due to SAP SE (Germany), IBM Corporation

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Data Center Virtualization Market Outlook 2021-2026: Expected Growth Due to SAP SE (Germany), IBM Corporation

According to Market Research Future (MRFR), the global Data Center Virtualization Market is estimated to grow at approx. USD 10 billion with a CAGR of 8% from 2017 to 2023 (forecast period). The report describes the strengths, opportunities, threats, and potential business risks and offers a rigorous analysis of the global market situation with the effect of COVID-19.

Data center virtualization is essentially a process of designing, developing, and deploying a virtualization and cloud computing data center. Data center virtualization is a scalable, flexible, and cost-effective alternative to physical data center operations. Data center virtualization can be accomplished by two approaches, namely virtualization of storage and virtualization of servers. It works at the top of the virtualization layer. The key reason for the introduction of data center virtualization is to reduce hardware dependency.

 

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Competitive Outlook

The prominent participants identified by MRFR operating in the global data center virtualization market are – Dell Corporation (U.S.), SAP SE (Germany), IBM Corporation (U.S.), VMware Inc. (U.S.), Microsoft Corporation (U.S.), Red Hat Inc. (U.S.), Fujitsu Limited (Japan), Hewlett Packard Enterprise Development LP (U.S.), Cisco Systems, Inc. (U.S.) and Citrix Systems, Inc. (U.S.) among others.

Segmentation:

The global data center virtualization market has been segmented based on type, organization size, and vertical basis. 

Based on type, the global data center virtualization market has been segmented into type 1 hypervisor, type 2 hypervisor, guest machine, host machine, and paravirtualization tools. Hypervisor is a software that runs virtual machines. Type 1 hypervisor runs on the system hardware while Type 2 hypervisors run on a host operating system.

Based on organization size, the global data center virtualization market has been segmented into small and medium-sized enterprises and large enterprises. The small and medium-sized enterprises segment is predicted to have the highest CAGR in the forecast period. Owing to high investment costs for the production and maintenance of on-premises data centers, small and medium-sized enterprises are embracing cloud-based data centers to help minimize IT costs.

Based on vertical, the global data center virtualization market has been segmented into BFSI, manufacturing, healthcare, IT & Telecommunication, government, and others. The Healthcare segment is predicted to have the highest CAGR in the forecast period. Increasing adoption of electronic health records, hospital information systems, picture archiving, and communication systems has contributed to a demand for data storage. This growing demand for data storage in healthcare has contributed to an increase in cloud adoption, which reduces the cost of IT maintenance.

 

Regional Analysis:

The regional analysis of the global data center virtualization market is studied for regions such as Asia Pacific, North America, Europe, and the Rest of the World.

It has been noted that North America is expected to hold the largest market share, followed by Europe, while the Asia Pacific is projected to rise at the fastest rate during the forecast period. The major growth in the data center virtualization market in North America is due to technical advancements and well-established infrastructure in the region.

 

 

Browse Full Report Details @  https://www.marketresearchfuture.com/reports/data-center-virtualization-market-3207

Table of Contents:

1          Executive Summary

2          Scope of the Report

2.1       Market Definition

2.2       Scope of the Study

2.2.1    Research objectives

2.2.2    Assumptions & Limitations

2.3       Markets Structure

3          Market Research Methodology

3.1       Research Process

3.2       Secondary Research

3.3       Primary Research

3.4       Forecast Model

Continued….

 

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

Contact:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

 

 

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