Exploring Data Center Transformation Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors

 According to Markntel Advisors Report, Data Center Transformation Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Data center transformation refers to modernizing and optimizing the infrastructure, technologies, and operations within a data center environment to meet evolving business needs and technological advancements. This transformation encompasses various initiatives, including hardware and software upgrades, virtualization, cloud integration, automation, and optimization of energy usage. Data center transformation also improves security, compliance, and disaster recovery capabilities to mitigate risks and ensure business continuity.

 

Global Data Center Transformation Market Research Report & Summary:

The Global Data Center Transformation Market is estimated to grow at a CAGR of around 10.5% during the forecast period, i.e., 2024-30.         

Time Period Captured in the Report:

·         Historical Years: 2019-22

·         Base Years: 2023

·         Forecast Years: 2024-2030

Who are the Key Players Operating in the Data Center Transformation Market?

The top companies of the Data Center Transformation Market ruling the industry are: 

IBM Corporation, Cisco Systems, Inc., Dell Technologies, Microsoft Corporation, Schneider Electric SE, AWS, Oracle, HCL Technologies, Cognizant, Accenture, Atos, Wipro, Bytes Technology Group, Google, NTT Communications, Others,

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Data Center Transformation Industry Recent Development:

·         In 2023, Cisco and Nutanix, Inc. announced their partnership to escalate hybrid multi-cloud deployments for IT modernization and business transformation.

The Data Center Transformation Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

-By Service Type

-Automation Service - Market Size & Forecast 2019-2030, USD Million

-Optimization Service - Market Size & Forecast 2019-2030, USD Million

-Consolidation Service - Market Size & Forecast 2019-2030, USD Million

-Infrastructure Management Service - Market Size & Forecast 2019-2030, USD Million

-By Data Center Type

-Cloud Data Center- Market Size & Forecast 2019-2030, USD Million

-Colocation Data Center- Market Size & Forecast 2019-2030, USD Million

-Enterprise Data Center- Market Size & Forecast 2019-2030, USD Million

-By Tier Type

-Tier 1- Market Size & Forecast 2019-2030, USD Million

-Tier 2- Market Size & Forecast 2019-2030, USD Million

-Tier 3- Market Size & Forecast 2019-2030, USD Million

-Tier 4- Market Size & Forecast 2019-2030, USD Million

-By End-User

-IT & Telecom- Market Size & Forecast 2019-2030, USD Million

-BFSI- Market Size & Forecast 2019-2030, USD Million

-Healthcare- Market Size & Forecast 2019-2030, USD Million

-Energy- Market Size & Forecast 2019-2030, USD Million

-Manufacturing- Market Size & Forecast 2019-2030, USD Million

-Government & Defense- Market Size & Forecast 2019-2030, USD Million

-Others- Market Size & Forecast 2019-2030, USD Million

-By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific

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Market Dynamics -Global Data Center Transformation Market:

The Growing Demand for Edge Computing Capabilities to Drive Market Growth – The proliferation of Internet of Things (IoT) devices, autonomous vehicles, and smart infrastructure is generating vast amounts of data requiring real-time processing and analysis at the network edge, which is creating the demand for edge computing worldwide. Additionally, the increasing demand for real-time analytics and decision-making capabilities in various industries, such as manufacturing, healthcare, and retail, has fueled the need for edge computing solutions. The increasing demand for data processing with lower latency rates, faster response times, and improved user experiences further proliferates edge computing adoption among data center providers.

Moreover, the rise of applications such as augmented reality, video streaming, and gaming, is further fueling the demand for edge computing solutions, leading to the digital transformation and expansion of edge computing data centers across the globe. For Instance,

·         In 2023, Cisco established an edge data center for cloud-delivered security in Saudi Arabia for edge computing services.

With the surging demand for edge computing and the establishment of edge data centers, the demand for data center transformation is increasing significantly. The data center providers are expanding their capacities and incorporating new hardware and software systems into the edge data centers, proliferating the growth & expansion of the Global Data Center Transformation Market.

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Why Markntel Advisor Report?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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