The Global Data Centre Transformation Market Growth at a rate of 14.44% in the forecast period 2022 to 2029
Market Analysis and Insights - Global Data Centre Transformation Market
Data Bridge Market Research analyses that the data centre transformation market will exhibit a CAGR of 14.44% for the forecast period of 2022-2029.
Data centre is a centralized store that provides physical and typically virtual infrastructure to manage and store information of the organization and it indicates a little closet or area that contains 2 or a lot of servers and a network patch panel for little organizations. In the case of huge organizations, it signifies a serious centralized atmosphere that contains the wide IT systems and solutions that support giant and connected applications.
Big data analytics across various enterprises as a part of their digital transformation strategy is the major factor accelerating the growth of the data centre transformation market. Furthermore, rapid growth in the proliferation of mobile devices and increasing adoption of cloud services and increase in the penetration of IoT are also expected to drive the growth of the data centre transformation market. However, lack of skilled personnel and difficulty in application portability and regulatory compliance issues restrains the data centre transformation market, whereas, the increasing reliability and the increase in the number of data centers around the world, the data center providers are finding it difficult to maintain consistency will challenge market growth.
In addition, considering the increasing number of communicating devices and more enterprises, switching to SaaS-based applications will create ample opportunities for the data centre transformation market.
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The Global Data Centre Transformation Market Size
The data centre transformation market is segmented on the basis of service type, tier type, end-user, vertical and data centre size. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
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On the basis of service type, data centre transformation market is segmented into consolidation services, optimization services, automation services, and infrastructure management services.
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Based on tier type, data centre transformation market is segmented into tier 1, tier 2, tier 3, and tier 4.
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Based on end-user, data centre transformation market is segmented into cloud service providers, colocation providers, and enterprises.
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Based on data centre size, data centre transformation market is segmented into small data centres, midsized data centres, and large data centres.
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Based on vertical, data centre transformation market is segmented into banking, financial services and insurance, IT and telecom, government and defense, healthcare, transportation, retail, energy, manufacturing and others.
Global Data Centre Transformation Market Country Level Analysis
The data centre transformation market is analysed and market size, volume information is provided by country, service type, tier type, end-user, vertical and data centre size as referenced above.
The countries covered in the data centre transformation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the data centre transformation market and will continue to flourish its trend of dominance during the forecast period due to the fact that many major players are headquartered in this region. Asia-Pacific will however, register the highest CAGR for this period due to the increasing adoption of associated services in this region.
Global Data Centre Transformation Market Share Analysis
The data centre transformation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies’ focus on the data centre transformation market.
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Key Players Global Data Centre Transformation Market
The major players operating in the data centre transformation market report are TT Communications, Dell EMC, ATOS, Schneider Electric, HCL Technologies, Tech Mahindra, Wipro, Cognizant, Accenture, Hitachi, Netapp, Mindteck, Inknowtech, Performance Technologies, Rahi Systems, Greenpages, General Datatech, Dyntek, Bytes Technology Group, Softchoice, Insight Enterprises among other.
Global Data Centre Transformation Market Report Answers the Following Questions:
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How much revenue will the Global Data Centre Transformation Market generate by the end of the forecast period?
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Which market segment is expected to have the maximum market share?
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What are the influencing factors and their impact on the Global Data Centre Transformation Market ?
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Which regions are currently contributing the maximum share of the overall Global Data Centre Transformation Market ?
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What indicators are likely to stimulate the Global Data Centre Transformation Market ?
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What are the main strategies of the major players in the Global Data Centre Transformation Market to expand their geographic presence?
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