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Data Center Virtualization Market Share

Report ID: GMI5350
Published Date: Sep 2022
Report Format: PDF

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Data Center Virtualization Market Share

Microsoft Corporation
Amazon Web Services
Cisco Systems Inc.
IBM Corporation
Dell Inc.
Huawei Technology
AT&T
Citrix Systems Inc.
Nutanix
SAP SE

are some of the key data center virtualization market players. These companies are opting for diverse business & marketing strategies to attract clients and achieve higher profitability. In addition, to improve the flexibility, scalability, and agility of their own data centers, companies are choosing data center virtualization, pushing product penetration further.

For instance, in January 2022, SAP SE, a German software company, launched its new cloud-based solution offering various benefits for SAP customers. In addition, SAP SE and Lenovo entered into a joint venture for RISE with SAP S/4HANA Cloud to bring the cloud to the data center. Furthermore, it causes less disruption in operations with computing & managed services and frees up IT resources to focus on strategic projects.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for data center virtualization valued at USD 5 billion in 2021 and is set to progress at a CAGR of over 15.5% through 2030, says this GMI analysis report.

The IT & telecom application segment is expected to garner over USD 5 billion in revenue by 2030 owing to a revolutionary change in the industry with the inclusion of modern technologies, such as 5G, NFC, and more.

The network virtualization industry is foreseen to reach a valuation of more than USD 10 billion by 2030 due to the rising efforts to reduce the operational cost of data centers, which can be achieved using network virtualization.

The Asia Pacific region is projected to attain over 20% gains through 2030 on account of soaring digitalization across the regional healthcare and telecom sectors.