$12 Billion Data Center Transformation Market - Global Forecast to 2023
DUBLIN, July 16, 2018 /PRNewswire/ --
The "Data Center Transformation Market by Service Type (Consolidation Services, Optimization Services, Automation Services, and Infrastructure Management Services), Tier Type, End-User, Data Center Size, Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global data center transformation market is expected to grow from USD 6.45 billion in 2018 to USD 12.00 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period.
Data center transformation services assist in enhancing and optimizing IT assets to achieve service level agreements. The transformation of data center applications from the client/server architecture generation to the cloud architecture generation has led to an increase in the demand for data center transformation services. Furthermore, the growing data center traffic and increasing data center spending have contributed significantly to the growing demand for data center transformation services.
This report provides detailed insights into the data center transformation market by regions, segments, and verticals. The market has been segmented on the basis of service type. The service type considered for the market includes consolidation services, optimization services, automation services, and infrastructure management services.
The platform considered for the data center transformation market includes internal brokerage enablement and external brokerage enablement. The tier type segment includes tier 1, tier 2, tier 3, and tier 4 type of data centers, where tier 4 type of data center is expected to hold the largest market size, as it has advanced functionality used by large data centers. Growing investments in data center technologies across the world and increasing number of data centers are further demanding for data center transformation services and fueling the growth of the market.
The report covers all the major aspects of the data center transformation market and provides an in-depth analysis across the regions of North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The market in North America is expected to hold the largest market size due to the presence of major vendors and increasing adoption of associated services. The APAC region is expected to provide several opportunities in the market and is projected to grow at the highest CAGR during the forecast period. Difficulty in application portability and regulatory compliance issues are expected to restrain the market growth.
While deploying data center solutions, organizations transforming their data centers need to automate security to ensure operational efficiency through automatic provisioning and provide centralized control for all security capabilities. Organizations opting for data center transformation face the need to address security consideration which could impact the growth of the data center transformation market.
Various vendors provide data center transformation to help enterprises reduce their Capital Expenditure (CAPEX). Micro Focus is one of the leading providers of data center transformation services for enterprises. Micro Focus has been following various organic as well as inorganic business strategies, such as mergers and acquisitions, new product launches, and product enhancements, with various industry leaders.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Data Center Transformation Market
4.2 Market Top 3 Verticals and Regions
4.3 Life Cycle Analysis, By Region
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Need to Address Heavy Congestion in Data Center Network
5.2.1.2 Increasing Spending on Data Center Technologies
5.2.1.3 Growing Demand for Improved Data Center Efficiency
5.2.1.4 Transition From Client/Server to Cloud Generation
5.2.2 Restraints
5.2.2.1 Security Concerns
5.2.3 Opportunities
5.2.3.1 Data Center Consolidation Or Relocation to Drive the Demand for Data Center Transformation Services
5.2.3.2 Growing Demand for Software-Optimized Data Centers
5.2.4 Challenges
5.2.4.1 Need to Partner With Other Vendors for Data Center Expertise
5.3 Technology Trends and Standards
5.3.1 Standards and Guidelines for the Data Center Transformation Market
5.3.1.1 Telecommunications Infrastructure Standard for Data Centers
5.3.1.2 Canadian Standards Association Group
5.3.1.3 Underwriters Laboratories
5.3.1.4 Distributed Management Task Force Standards
5.3.1.5 Made in USA (For the US Region)
5.3.1.6 Oasis Standards
5.3.1.7 Electronic Industries Association
5.3.1.8 Telecommunication Industry Association
5.3.1.9 Data Center Site Infrastructure Tier Standard (Uptime Institute)
6 Data Center Transformation Market, By Service Type
6.1 Introduction
6.2 Consolidation Services
6.3 Optimization Services
6.4 Automation Services
6.5 Infrastructure Management Services
7 Market By Tier Type
7.1 Introduction
7.2 Tier 1
7.3 Tier 2
7.4 Tier 3
7.5 Tier 4
8 Data Center Transformation Market, By End-User
8.1 Introduction
8.2 Cloud Service Providers
8.3 Colocation Providers
8.4 Enterprises
9 Market By Data Center Size
9.1 Introduction
9.2 Small Data Centers
9.3 Midsized Data Centers
9.4 Large Data Centers
10 Data Center Transformation Market, By Vertical
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.3 It and Telecom
10.4 Government and Defense
10.5 Healthcare
10.6 Transportation
10.7 Retail
10.8 Energy
10.9 Manufacturing
10.10 Others
11 Data Center Transformation Market, By Region
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 Middle East and Africa
11.6 Latin America
12 Competitive Landscape
12.1 Overview
12.2 Competitive Scenario
12.2.1 New Product Launches/Product Upgradations
12.2.2 Partnerships, Agreements, and Collaborations
12.2.3 Mergers and Acquisitions
12.2.4 Business Expansions
13 Company Profiles
13.1 Introduction
13.2 Micro Focus
13.3 IBM
13.4 Microsoft
13.5 Cisco Systems
13.6 NTT Communications
13.7 Dell EMC
13.8 ATOS
13.9 Schneider Electric
13.10 HCL Technologies
13.11 Tech Mahindra
13.12 Wipro
13.13 Cognizant
13.14 Accenture
13.15 Hitachi
13.16 Netapp
13.17 Mindteck
13.18 Inknowtech
13.19 Performance Technologies
13.20 Rahi Systems
13.21 Greenpages
13.22 General Datatech
13.23 Dyntek
13.24 Bytes Technology Group
13.25 Softchoice
13.26 Insight Enterprises
For more information about this report visit https://www.researchandmarkets.com/research/4qjtv7/12_billion_data?w=5
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