In-Depth Analysis of the Global Data Center Transformation Market: 2024-2030 Forecasts
MarkNtel Advisors has recently released an in-depth study on the Data Center Transformation Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.
How big is the Keyword Industry?
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.
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Who are the top players in the Data Center Transformation Market?
- IBM Corporation
- Cisco Systems, Inc.
- Dell Technologies
- Microsoft Corporation
- Schneider Electric SE
- AWS
- Oracle
- HCL Technologies
- Cognizant
- Accenture
- Atos
- Wipro
- Bytes Technology Group
- NTT Communications
- Others
Global Data Center Transformation Market Segmentation:
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
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Regional/ Countries Insight:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
What are the primary market drivers influencing the growth of Data Center Transformation Market?
Global Data Center Transformation Market Driver:
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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Gain a Competitive Edge with Market Research Report
- The Global Data Center Transformation Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
- Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
- The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
- Apart from market trends and projections, the Global Data Center Transformation Market Report assists in assessing and mitigating risks associated with entering or operating in the market
- By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.
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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.
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