Data Center Transformation Market Global Industry Analysis and Forecast 2029.


Data Center Transformation Market was valued at US$ 7 Bn in 2021. Global Telemetric in Heavy Equipment Market size is expected to grow at a CAGR of 13.5 % through the forecast period.

Data-Center-Transformation-Market

Data Center Transformation Market research report offers a comprehensive analysis of the market outlook for 2022–2029, including the fastest-growing countries, industries, market sizes and shares, and growth requirements. A comprehensive overview of market size, share, trends, and industry features are provided in the Global Data Center Transformation Market Report with regard to all geographical regions. The report outlines the market's size, share, growth prospects, obstacles, stage of development, and the leading players' most recent growth strategies (sales value and volume, company profiles, and competitors). Defining distinct industry prospects, manufacturing cost structure, gross margin, the study of price trends, upstream and downstream analysis using SWOT and Porter's Five Forces analysis, and more.

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Data Center Transformation Market Key players:

• Cisco Systems (US)
• DynTek (US)
• Schneider Electric (France)
• NTT Communications (Japan)
• Microsoft (US)
• Bytes Technology Group (South Africa)
• Tech Mahindra (India)
• HCL Technologies (India)
• Performance Technologies (Greece)
• Rahi Systems (US)
• Inknowtech (India)
• GreenPages (US)
• General Datatech (US)
• Mindteck (India)
• Accenture (Ireland)
• Wipro (India)
• SoftChoice (Canada)

The market size, segment size (mostly covering geography and segmentation), competitive environment, current situation, and development trends are the key topics of the report. A comprehensive examination of the supply chain and costs is also provided in the study. The product's performance will be further improved through technological innovation and progress, increasing its use in downstream applications. Studies on consumer behavior and market dynamics (drivers, restrictions, opportunities) also offer crucial information for comprehending the Data Center Transformation market.

Data Center Transformation Market was valued at US$ 7 Bn in 2021. Global Telemetric in Heavy Equipment Market size is expected to grow at a CAGR of 13.5 % through the forecast period.

Market Drivers:

The market is driven by a variety of reasons, including increasing data centre traffic and rising investments in data centre technologies. Additionally, the need for data centres transformation is being fueled by the widely growing usage of cutting-edge technologies like big data analytics, cloud computing, and the internet of things across various companies as part of their digital transformation plan. Additionally, the market is growing as a result of an increase in demand for improved data centre efficiency brought on by the growth of the number of data centres and their growing dependability.

The key element driving the expansion of the global data centre industry is the increasing significance of e-commerce databases. Data centres are used by e-commerce businesses to store and transmit these data sets for a variety of organizational tasks like branding, promotions, etc. Through the acquisition of e-commerce data, online retailers monitor all the many components of their e-commerce, such as analytics or customer information. It is also expected that rising digital transformation in emerging nations fuels data centre market growth. As a result, emerging economies like China and India are significantly contributing to the growth of the market for data centres. Since technology is advancing, effective data centres and related solutions are being created throughout this phase of digital transformation.

Market Restraints:

The market's growth is hampered by a lack of skilled workers and issues with regulatory and portability compliance. Customer control over the management of utilities, physical security, building maintenance, and other physical components is not available because colos are handled by a different entity. Location is beyond control, provider fully administers their data centres using the public cloud, taking care of equipment maintenance and upgrades. As a result, all these factors are hampering the growth of the data center transformation market.

Data Center Transformation Market Segmentation:

Based on Tier Type, the tier 4 segment is expected to grow with the highest CAGR during the forecast period. The tier 4 infrastructures have a high level of acceptance for data centre transformation solutions because of their complexity. There is a considerable demand for transformation services that help data centres in tier 4 to optimise their operations because these facilities have the most complicated and redundant components. Tier 4 data centres have extraordinarily complex infrastructures since they have several active power and cooling routes. There is a considerable demand for effective IT transformation services since the operators have difficulties in updating and improving these infrastructures. This fuels market growth.

Based on End-Use, the IT & Telecom segment is expected to grow with the highest CAGR during the forecast period. The requirement for reliable IT infrastructures that handle the soaring amounts of data increase as a result of the developing IT and telecom infrastructure. The amount of data gathered has sharply increased as internet-enabled devices become more widely used by the population. More individuals use digital services as 5G technology becomes available and guarantees fast data streaming speeds. This has prompted telecom and IT service providers to employ cutting-edge solutions for the effective transit and storage of data. Data centre transformation market value will be boosted by IT and telecom companies' focus on modernising their current data centres.

The global Data Center Transformation market report offers important data on the condition of the sector and is a useful resource for businesses and people who are interested in the market. Marketing channels and industry trends are examined in Embedded Software. Finally, the viability of new investment initiatives is evaluated, and general study findings are presented.

Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • The MEA

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Key points of Data Center Transformation market report:

  • Pre-COVID and Post-COVID analysis with figures and numbers.
  • Major market trends latest growth opportunities and region-wise dynamics.
  • Key company comparisons and pricing analysis, features of different products, and their use.
  • Latest mergers and acquisitions, partnerships, expansion plans, and new product development of the market.
  • Companies import export data and market share for each key players.

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Published in

Technology , Business

Published on

Nov 25, 2022

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