Data Center Virtualization Global Market to Reach $18.8 Billion by 2030: Emphasis on Energy Efficiency Drives Demand


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 AttributeDetails
No. of Pages193
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$5.6 Billion
Forecasted Market Value (USD) by 2030$18.8 Billion
Compound Annual Growth Rate16.3%
Regions CoveredGlobal

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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Global Market for Data Center Virtualization

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