Data Center Virtualization Market

Data Center Virtualization Market Analysis of Effective
Business Strategies 2018 To 2026
Data Center Virtualization Market study provides key insights about
market drivers, restraints, opportunities, new product launches or
approval, regional outlook, and competitive strategies adopted by the
leading players.
Data center virtualization is a process of designing, developing or deploying a data center on
cloud computing or virtualization technology. Cost saving is one of the major factors for growth
of the data center virtualization market. This is owing to the fact that data center virtualization
helps to reduce hardware installation, and reduces electricity cost by providing hosted platform.
Therefore, it aids small and medium sizes companies to reduce their expenses on IT department.
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Advantages of disaster recovery provided by data center virtualization plays a key role for
growth of market in various vertical such as banking, healthcare, education, and retail. Disaster
recovery-as-a-service protects company information and data from disasters by generating
multiple backups. Increasing demand for data either structured or unstructured, for analyses of
the market trend, customer demand, product discretion etc. have led to raising demand for data
storage, which is positively affecting growth of the data center virtualization market.

Healthcare segment is projected to exhibit the highest CAGR over the forecast period. Increasing
adoption of electronic health record, hospital information system, picture archiving, and
communication systems has led to demand for data storage. This increasing demand for data
storage in healthcare have led to increasing adoption of cloud, which reduces IT maintenance
cost.
Small and medium-sized enterprises segment is projected to exhibit the highest CAGR over the
forecast period. Due to high investment cost for production and maintenance of on-premises
data centers, the small and medium sized enterprises are adopting cloud based data center,
which help to reduce the IT expenses.
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North America data center virtualization market held the dominant position in 2016
On the basis of geography, the data center virtualization market is segmented into North
America, Europe, Asia pacific, Latin America, the Middle East, and Africa. North America held
the dominant position in the market and is projected to retain its dominance throughout the
forecast period. The U.S. and Canada are major growth engines in this region. This is due to
increasing digitalization and high adoption of cloud technology in this region.
For instance, according to Coherent Market Insights, it is estimated that in 2015 North America
had approximately 51% of the total data centers, globally. In addition to this, presence of key
market leaders such as Citrix Systems, Amazon Web Services, Microsoft, and VMware is also
another factor driving growth of the market of data center virtualization in this region.
Key Companies: Global Data Center Virtualization Market
Amazon Web Services, AT&T, Cisco Systems, Citrix Systems, Fujitsu, HCL Technologies, Hewlett
Packard Enterprise, Huawei, International Business Machines Corporation, Microsoft, Radiant
Communications, VMware are some of the major key players in the global data center
virtualization market.

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