Storage Virtualization Market to see 24% CAGR Growth to 2019
PUNE, India, December 10, 2015 /PRNewswire/ --
Many vendors of global storage virtualization market are offering SDS to simplify management of the virtualized environment. It is a form of storage virtualization that separates software services such as data protection, data management, placement of data, and input/output (I/O) capabilities from the underlying physical storage infrastructure. An increase in big data and the Internet of Things (IoT) will prompt enterprises to implement SDS and traditional virtualization techniques in the upcoming years.
Complete report on Global Storage Virtualization Market spread across 68 pages, analyzing 5 major companies and providing 26 data exhibits is now available at http://www.reportsnreports.com/reports/446043-global-storage-virtualization-market-2015-2019.html.
The market research analysts predict the global storage virtualization market to grow at a CAGR of more than 24% from 2015 to 2019. According to the report, many data center operators are implementing virtual technology to reduce the cost and the power consumption required to operate data centers. It also offers flexibility, simplified management, elimination of vendor lock-in issues, and ease of data migration. Server virtualization is the most common type of virtualization implemented by enterprises worldwide. Storage virtualization and network virtualization have also gained momentum.
In this market research study, analysts have calculated the market size of global storage virtualization considering the following:
- Revenue generated from the implementation of storage virtualization appliances and software.
- The report discusses storage virtualization based on implementation technology as host-based, network-based, or system-based.
- It also discusses the market segmented based on the type of virtualization namely, block-based and file-based.
Geographical segmentation of the global storage virtualization market: Americas, APAC and EMEA
The US has contributed the maximum towards the global storage virtualization market. Many large enterprises in the country including government agencies, cloud service providers (CSPs), and colocation and Web hosting service providers operate their data centers in this region. Order a copy of Global Storage Virtualization Market 2015-2019 report @ http://www.reportsnreports.com/purchase.aspx?name=446043.
Storage virtualization offers several benefits to these organizations through higher utilization of storage resources. It also helps in the consolidation of data center facilities through reduced power consumption and cost.
The key players in the global storage virtualization market are HP, IBM, Microsoft, Oracle and VMware
Other prominent vendors in the market are DataCore Software, EMC, Hitachi Data Systems, and NetApp.
Further, the report states that a virtualized environment is challenging the security of many enterprises. Data center environments are growing in terms of complexity. The deployment of many virtual machines (VMs) can result in a VM sprawl. VM sprawl is a phenomenon where the virtual machines cannot be controlled by the administrator.
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