Data Center Virtualization Market - Forecast(2024 - 2030)
Data Centre Virtualization Market Overview
The market for Data Centre Virtualization Market size is forecast to reach $13.71 Billion by 2026, growing at a CAGR of 15.6% from 2021 to 2026. The Data Centre Virtualization Market is estimated to witness substantial growth over the forecast period primarily due to rise in need to reduce enterprise operational costs and enhance business agility and increase in deployment of data centre virtualization owing to benefits as reduction in cost, better testing and easier migration accelerating the market growth. Data centre virtualization is a method of designing, deploying, and improving data centre on cloud computing, big data, artificial intelligence, machine learning and virtualization technology. The data centre fundamentally enables the virtualization of the physical server in the data centre alongside networking, storage, and other equipment and infrastructure devices. The data centre virtualization covers an extensive range of technology, tools, and several processes that facilitate a data centre to implement and operate services such as customer relationship management and enterprise resource planning on top of a technology or virtualization layer.
Data Centre Virtualization Market Report Coverage
The report: “Data Centre Virtualization Market– Forecast (2021-2026)”, by
IndustryARC covers an in-depth analysis of the following segments of the Data Centre
Virtualization Market.
Key Takeaways
- Data Centre Virtualization Market is estimated to witness substantial growth over the forecast period primarily due to rise in need to reduce enterprise operational costs and enhance business agility and increase in deployment of data centre virtualization owing to benefits as reduction in cost, better testing and easier migration
- Virtualization in data centre helps reduce the amount of hardware usage and also helps in operational costs in terms of electricity costs.
- North-America is projected to hold the largest share of Data Centre Virtualization Market during the forecast period as organizations in this region are early adoptors of the data centre virtualization technology. Also the presence of key market players in this region such as VMware, Microsoft, AWS, Citrix Systems
Data Centre Virtualization Market Share, By Geography
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Data Centre Virtualization Market Segment Analysis – By Type
The market
segment by type into Advisory &
Implementation Services, Optimization Services, Managed Services, Technical
Support Services, Type 1 Hypervisor, Type 2 Hypervisor, Host Machine, Guest
Machine, Para virtualization Tools and Others. The optimization segment is
expected to grow at a higher CAGR during the forecast period 2021-2026. Optimization
services help organizations to plan, build and manage data centre facilities.
These services also assist organizations to enhance operational efficiency and
performance as well as improve network security. Advisory & implementation
services help enterprises transform their data centres to become more agile and
cost efficient which requires advisory and implementation services. Such
advantages associated with optimization services are expected to drive the
growth of this segment.
Data Centre Virtualization Market Segment Analysis – By Industry Vertical
The market
segment by industry vertical into IT
& Telecommunication, BFSI, Government, Healthcare, Education, Retail &
SCM, Media and Entertainment, Manufacturing, Automotive and Others. The healthcare segment is the leading segment of all the
segments in terms of revenue. Healthcare organizations have moved to data
centers and cloud services to manage and process the of growing data. The lower
deployment costs and increased flexibility of virtualization strategies support
rapid infrastructure growth as entities expand their IT capabilities to meet
higher demands for users. It provides cutback on infrastructure costs while
providing a more advanced, secure environment.
Data Centre Virtualization Market Segment Analysis – By Geography
Data Centre Virtualization Market by geography has been segmented into North America, Europe, APAC, South-America and RoW. North-America is expected to dominate the Data Centre Virtualization Market due to as organizations in this region are early adoptors of the data centre virtualization technology. Additionally, the presence of key market players in this region such as VMware, Microsoft, AWS, Citrix Systems are the key factors to drive the market growth. Also this region is experiencing very high cloud adoption and cloud service providers are expanding and improving their infrastructure by virtualization services.
Data Centre Virtualization Market Drivers
Benefits of data centre virtualization driving the market growth
The immediate benefits of data centre virtualization in different sectors
are the major driving factor for the growth of this market. Virtualization
abstracts the hardware components of the data centre and provides a common
software layer to manage the virtual machines. Data centre virtualization allows
one to use fewer machines in the data centre which reduces operating cost as
well as such as heat build-up. It is easier to segregate services running on
the same server such as separating email, web services and database server
using virtual machines. Virtualization makes it easier to deploy new applications
without hardware configuration. Backup and redeployment is easier. Such
benefits driving the market growth of data centre virtualization.
Recycling of heat generation in data centre virtualization driving the market growth
Recycling of
heat generation produced in the data centre virtualization is driving the
market growth. Utilization of heat generated by data centre is one thing that
engineers are looking at in regards to energy consumption. Excess heat
generated from collocation facilities can be diverted to homes and businesses,
creating a district heat network. Heat generated is used for energy management
and savings and the amount of heat generated can now instead be utilized for
the optimization of other avenues in data centre. For instance Telecity, a data
centre in Paris uses waste heat to provide heat to an on-site climate change
arboretum, where the effects of future climate change are studied.
Data Centre Virtualization Market Challenges
Missing components and Resource challenges hampering market growth
One of the
biggest challenges in data center virtualization is missing components and
resource challenges. IT organizations usually virtualize part of their data centre
assets. Virtualization works best when it includes everything and there are no
silos of data storage or data management appliances. Limiting the scope of the
virtual infrastructure ultimately adds cost and complexity. Also allocating
resources in the virtualized data centre can create load-sharing problems.
Where multiple workloads are multiplexed using the VM hypervisor, IOstreams for
available resources. Such challenges hampering the market growth.
Data Centre Virtualization Market Landscape
Product launches,
acquisitions, and R&D activities are key strategies adopted by players in
the Data Centre Virtualization Market. The Data Centre Virtualization top ten
companies include:
- VMware Inc
- Microsoft
- Citrix Systems Inc.
- Fujitsu
- Radiant Communications Corp
- Huawei Technologies Co. Ltd
- Hewlett Packard Enterprise
- IBM Corporation
- HCL Technologies
- Openstack
Acquisitions/Technology Launches/Partnerships
- In Feb 2021, Adani Group and EdgeConneX formed joint venture called AdaniConneX which aims to construct 1GW of data centre virtualization over the next decade. AdaniConneX will build a network of hyperscale data centres across India.
- In Nov 2020, VMware Inc., launched the virtual modern network framework data centre to enable businesses and their IT and application development teams to accelerate to a new normal. It has also announced further enhancements to its virtual networking products and services.
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LIST OF TABLES
1.Global Data Center Virtualization Market By Type Market 2023-2030 ($M)1.1 Advisory & Implementation Services Market 2023-2030 ($M) - Global Industry Research
1.2 Optimization Services Market 2023-2030 ($M) - Global Industry Research
1.3 Managed Services Market 2023-2030 ($M) - Global Industry Research
1.4 Technical Support Services Market 2023-2030 ($M) - Global Industry Research
2.Global Market By Organization Size Market 2023-2030 ($M)
2.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Global Industry Research
2.2 Large Enterprises Market 2023-2030 ($M) - Global Industry Research
3.Global Market By Vertical Market 2023-2030 ($M)
3.1 IT & Telecommunication Market 2023-2030 ($M) - Global Industry Research
3.2 BFSI Market 2023-2030 ($M) - Global Industry Research
3.3 Government Market 2023-2030 ($M) - Global Industry Research
3.4 Healthcare Market 2023-2030 ($M) - Global Industry Research
3.5 Education Market 2023-2030 ($M) - Global Industry Research
3.6 Retail & Scm Market 2023-2030 ($M) - Global Industry Research
3.7 Media & Entertainment Market 2023-2030 ($M) - Global Industry Research
3.8 Manufacturing & Automotive Market 2023-2030 ($M) - Global Industry Research
4.Global Data Center Virtualization Market By Type Market 2023-2030 (Volume/Units)
4.1 Advisory & Implementation Services Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Optimization Services Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Managed Services Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Technical Support Services Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global Market By Organization Size Market 2023-2030 (Volume/Units)
5.1 Small & Medium-Sized Enterprises Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Large Enterprises Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Market By Vertical Market 2023-2030 (Volume/Units)
6.1 IT & Telecommunication Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 BFSI Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Government Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Healthcare Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 Education Market 2023-2030 (Volume/Units) - Global Industry Research
6.6 Retail & Scm Market 2023-2030 (Volume/Units) - Global Industry Research
6.7 Media & Entertainment Market 2023-2030 (Volume/Units) - Global Industry Research
6.8 Manufacturing & Automotive Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Data Center Virtualization Market By Type Market 2023-2030 ($M)
7.1 Advisory & Implementation Services Market 2023-2030 ($M) - Regional Industry Research
7.2 Optimization Services Market 2023-2030 ($M) - Regional Industry Research
7.3 Managed Services Market 2023-2030 ($M) - Regional Industry Research
7.4 Technical Support Services Market 2023-2030 ($M) - Regional Industry Research
8.North America Market By Organization Size Market 2023-2030 ($M)
8.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
8.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
9.North America Market By Vertical Market 2023-2030 ($M)
9.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
9.2 BFSI Market 2023-2030 ($M) - Regional Industry Research
9.3 Government Market 2023-2030 ($M) - Regional Industry Research
9.4 Healthcare Market 2023-2030 ($M) - Regional Industry Research
9.5 Education Market 2023-2030 ($M) - Regional Industry Research
9.6 Retail & Scm Market 2023-2030 ($M) - Regional Industry Research
9.7 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
9.8 Manufacturing & Automotive Market 2023-2030 ($M) - Regional Industry Research
10.South America Data Center Virtualization Market By Type Market 2023-2030 ($M)
10.1 Advisory & Implementation Services Market 2023-2030 ($M) - Regional Industry Research
10.2 Optimization Services Market 2023-2030 ($M) - Regional Industry Research
10.3 Managed Services Market 2023-2030 ($M) - Regional Industry Research
10.4 Technical Support Services Market 2023-2030 ($M) - Regional Industry Research
11.South America Market By Organization Size Market 2023-2030 ($M)
11.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
11.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
12.South America Market By Vertical Market 2023-2030 ($M)
12.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
12.2 BFSI Market 2023-2030 ($M) - Regional Industry Research
12.3 Government Market 2023-2030 ($M) - Regional Industry Research
12.4 Healthcare Market 2023-2030 ($M) - Regional Industry Research
12.5 Education Market 2023-2030 ($M) - Regional Industry Research
12.6 Retail & Scm Market 2023-2030 ($M) - Regional Industry Research
12.7 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
12.8 Manufacturing & Automotive Market 2023-2030 ($M) - Regional Industry Research
13.Europe Data Center Virtualization Market By Type Market 2023-2030 ($M)
13.1 Advisory & Implementation Services Market 2023-2030 ($M) - Regional Industry Research
13.2 Optimization Services Market 2023-2030 ($M) - Regional Industry Research
13.3 Managed Services Market 2023-2030 ($M) - Regional Industry Research
13.4 Technical Support Services Market 2023-2030 ($M) - Regional Industry Research
14.Europe Market By Organization Size Market 2023-2030 ($M)
14.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
14.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
15.Europe Market By Vertical Market 2023-2030 ($M)
15.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
15.2 BFSI Market 2023-2030 ($M) - Regional Industry Research
15.3 Government Market 2023-2030 ($M) - Regional Industry Research
15.4 Healthcare Market 2023-2030 ($M) - Regional Industry Research
15.5 Education Market 2023-2030 ($M) - Regional Industry Research
15.6 Retail & Scm Market 2023-2030 ($M) - Regional Industry Research
15.7 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
15.8 Manufacturing & Automotive Market 2023-2030 ($M) - Regional Industry Research
16.APAC Data Center Virtualization Market By Type Market 2023-2030 ($M)
16.1 Advisory & Implementation Services Market 2023-2030 ($M) - Regional Industry Research
16.2 Optimization Services Market 2023-2030 ($M) - Regional Industry Research
16.3 Managed Services Market 2023-2030 ($M) - Regional Industry Research
16.4 Technical Support Services Market 2023-2030 ($M) - Regional Industry Research
17.APAC Market By Organization Size Market 2023-2030 ($M)
17.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
17.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
18.APAC Market By Vertical Market 2023-2030 ($M)
18.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
18.2 BFSI Market 2023-2030 ($M) - Regional Industry Research
18.3 Government Market 2023-2030 ($M) - Regional Industry Research
18.4 Healthcare Market 2023-2030 ($M) - Regional Industry Research
18.5 Education Market 2023-2030 ($M) - Regional Industry Research
18.6 Retail & Scm Market 2023-2030 ($M) - Regional Industry Research
18.7 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
18.8 Manufacturing & Automotive Market 2023-2030 ($M) - Regional Industry Research
19.MENA Data Center Virtualization Market By Type Market 2023-2030 ($M)
19.1 Advisory & Implementation Services Market 2023-2030 ($M) - Regional Industry Research
19.2 Optimization Services Market 2023-2030 ($M) - Regional Industry Research
19.3 Managed Services Market 2023-2030 ($M) - Regional Industry Research
19.4 Technical Support Services Market 2023-2030 ($M) - Regional Industry Research
20.MENA Market By Organization Size Market 2023-2030 ($M)
20.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
20.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
21.MENA Market By Vertical Market 2023-2030 ($M)
21.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
21.2 BFSI Market 2023-2030 ($M) - Regional Industry Research
21.3 Government Market 2023-2030 ($M) - Regional Industry Research
21.4 Healthcare Market 2023-2030 ($M) - Regional Industry Research
21.5 Education Market 2023-2030 ($M) - Regional Industry Research
21.6 Retail & Scm Market 2023-2030 ($M) - Regional Industry Research
21.7 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
21.8 Manufacturing & Automotive Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Data Center Virtualization Market Revenue, 2023-2030 ($M)2.Canada Data Center Virtualization Market Revenue, 2023-2030 ($M)
3.Mexico Data Center Virtualization Market Revenue, 2023-2030 ($M)
4.Brazil Data Center Virtualization Market Revenue, 2023-2030 ($M)
5.Argentina Data Center Virtualization Market Revenue, 2023-2030 ($M)
6.Peru Data Center Virtualization Market Revenue, 2023-2030 ($M)
7.Colombia Data Center Virtualization Market Revenue, 2023-2030 ($M)
8.Chile Data Center Virtualization Market Revenue, 2023-2030 ($M)
9.Rest of South America Data Center Virtualization Market Revenue, 2023-2030 ($M)
10.UK Data Center Virtualization Market Revenue, 2023-2030 ($M)
11.Germany Data Center Virtualization Market Revenue, 2023-2030 ($M)
12.France Data Center Virtualization Market Revenue, 2023-2030 ($M)
13.Italy Data Center Virtualization Market Revenue, 2023-2030 ($M)
14.Spain Data Center Virtualization Market Revenue, 2023-2030 ($M)
15.Rest of Europe Data Center Virtualization Market Revenue, 2023-2030 ($M)
16.China Data Center Virtualization Market Revenue, 2023-2030 ($M)
17.India Data Center Virtualization Market Revenue, 2023-2030 ($M)
18.Japan Data Center Virtualization Market Revenue, 2023-2030 ($M)
19.South Korea Data Center Virtualization Market Revenue, 2023-2030 ($M)
20.South Africa Data Center Virtualization Market Revenue, 2023-2030 ($M)
21.North America Data Center Virtualization By Application
22.South America Data Center Virtualization By Application
23.Europe Data Center Virtualization By Application
24.APAC Data Center Virtualization By Application
25.MENA Data Center Virtualization By Application
26.VMware, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Microsoft, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Citrix Systems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Amazon Web Services, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Cisco Systems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.AT, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Fujitsu, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Radiant Communications, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.HPE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Huawei, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.HCL, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.IBM, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Key Innovators, Sales /Revenue, 2015-2018 ($Mn/$Bn)