The global data center transformation market is anticipated to grow at a CAGR of 13.5% during the forecast period (2023-2030). Server virtualization involves creating multiple virtual servers on one physical server to make better use of resources, cut costs, and increase scalability. Storage virtualization simplifies the management, allocation, and scaling of storage capacity. Network virtualization separates network services from physical infrastructure to improve network agility and reduce hardware dependencies. Companies may move data, applications, and workloads to the cloud and integrate on-premises and cloud resources, and consolidate multiple data centers to save costs and improve resource utilization. Software-defined data centers abstract and virtualize data center components, making it easier to manage the data center. Furthermore, the market’s growth is attributed to growth in data rapidly. In order to handle the expanding data amounts, improved data center architecture has been developed as a result of the data explosion caused by IoT devices, social media, video streaming, and other elements. For instance, in May 2023, Iron Mountain Data Centers (IMDC) launched its 1st data center (HYD-1) on its campus in Hyderabad, India. HYD-1 is a Tier III-designed datacenter that can support up to 5.5 MW of IT load within a 120,000 square feet facility.
Browse the full report description of “Data Center Transformation Market Size, Share & Trends Analysis Report by Service (Consolidation Services, Optimization Services, Automation Services, and Infrastructure Management Services), by Tier of Data (Tier 1, Tier 2, Tier 3, and Tier 4), by Data Center (Cloud Data Center, Colocation Data Center, and Enterprise Data Center), and by Vertical (BFSI, IT and Telecommunications, Government and Defense, Manufacturing, Oil and Gas, and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/data-center-transformation-market
Furthermore, several nations and regions, including Oman, have introduced data protection laws that necessitate the storage and processing of certain kinds of data, particularly sensitive or personal data, within the country's borders. For instance, in June 2023, Oman and OQ signed an agreement to adopt RISE with SAP and to run its SAP solutions, including integrated enterprise resource planning (ERP) across all of its business assets, on the new in-country data center, making it the 1st SAP Oman private cloud customer.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Service
o By Tier of Data
o By Data Center
o By Vertical
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Accenture PLC, Amazon Web Services, Inc., Atos, Cisco Systems, Inc., and Cognizant Technology Solutions Corp., among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Data Center Transformation Market Report Segment
By service
By Tier of Data
By Data Center
By Vertical
Global Data Center Transformation Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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