Published on : Apr 28, 2021
Albany, New York, Apr 28, 2021: Data center virtualization is extensively being adopted by organization in order to boost business agility. In addition, it helps to cut their overall cost and minimize data center complexities. Registering the benefits, the global data center virtualization market is anticipated to grow at a substantial rate during the forecast period.
Further, various organizations are implementing private cloud to manage mounting data center traffic. This, in turn, is likely to push the horizon of data center virtualization landscape in the years to follow.
Data centers virtualization is, primarily, a process of developing, creating, and implementing a data center on the basis of virtualization and cloud computing technologies. The technology, further, enable virtualization of physical severs in a data center facility conjointly with networking, storage, and other devices and equipment for infrastructure. It comprises of various tools and services that aids the datacenter to perform several functions. Moreover, it can be used to allocate different virtualized data centers on the same physical infrastructure, which can be used by different organizations subsequently.
The newly added report “Global Data Center Virtualization Market Size, Status and Forecast 2020-2026” in RMoz repository provides insights about various factors contributing to growth of the market. It also presents information about several challenges and restraining factors that may limit the growth of the global data center virtualization market during the forecast period.
The report consists of 94 pages, each page depicting different aspects of the market growth. In addition, the analysts have used graphs and statistics to present the information in pictorial form.
The market analysts have done in-depth research to provide details of the drivers and trends shaping the market. They have also visited several enterprises, stakeholders, and other key operators of the global data center virtualization market to get an idea of possible growth rate in coming years.
Integration of Data Centres in Healthcare Eases Storage of Patient Information
On the basis of type, optimization based service segment is likely to expand at lucrative growth rate during the forecast period. The growth rate is attributed to the enhance capability of these services to provide boost operational efficiency and network security.
Meanwhile, healthcare segment is estimated to exhibit progressive growth rate in coming years. This is due to inclination of healthcare providers towards shifting their large data to data centres and cloud based services. Use of cloud based services to store patient information will further aid to fuel efficiency of healthcare centre.
Lack of Skilled Professionals May Restrain Growth of Global Data Centre Virtualization Market
On the other hand, localization of data centre is anticipated to impede growth of the global data center virtualization market during the forecast period. Also, dearth of skilled and trained professionals may slowdown the growth trajectory.
Nevertheless, growing demand to minimize the operational cost of enterprise is likely to boost market growth in coming years. In addition, data center virtualization enable backing up data efficiently, which is a major driver for the market.
Some of the prominent players operating in the global data center virtualization market are Cisco Systems Inc, (U.S.), Dell Corporation (U.S.), Microsoft Corporation (U.S.), Red Hat Inc. (U.S.), International Business Machine (IBM) Corporation (U.S.), Fujitsu Limited (Japan), SAP SE (Germany), Hewlett Packard Enterprise Development LP (U.S.), and VMware Inc. (U.S.) among others.
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These key players operating the data center virtualization landscape are undertaking various strategies to mark their presence and strengthen foothold in the global market. Innovations and diversification of the product portfolio are the organic growth strategies followed by the companies. Further, they are inclined towards research and development activities for development of new products. Development of new products and innovations are estimated to provide competitive advantage over the competing player.