The Global Data Center Transformation Market is estimated to grow at a CAGR of around 10.5% during the forecast period, i.e., 2024-30.
Global Data Center Transformation Market Driver:
The Growing Demand for Edge Computing Capabilities to Drive Market Growth – The proliferation of Internet of Things (IoT) devices, autonomous vehicles, and smart infrastructure is generating vast amounts of data requiring real-time processing and analysis at the network edge, which is creating the demand for edge computing worldwide. Additionally, the increasing demand for real-time analytics and decision-making capabilities in various industries, such as manufacturing, healthcare, and retail, has fueled the need for edge computing solutions. The increasing demand for data processing with lower latency rates, faster response times, and improved user experiences further proliferates edge computing adoption among data center providers.
Moreover, the rise of applications such as augmented reality, video streaming, and gaming, is further fueling the demand for edge computing solutions, leading to the digital transformation and expansion of edge computing data centers across the globe. For Instance,
- In 2023, Cisco established an edge data center for cloud-delivered security in Saudi Arabia for edge computing services.
With the surging demand for edge computing and the establishment of edge data centers, the demand for data center transformation is increasing significantly. The data center providers are expanding their capacities and incorporating new hardware and software systems into the edge data centers, proliferating the growth & expansion of the Global Data Center Transformation Market.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Data Center Transformation Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Service Type
- Automation Service – Market Size & Forecast 2019-2030, USD Million
- Optimization Service – Market Size & Forecast 2019-2030, USD Million
- Consolidation Service – Market Size & Forecast 2019-2030, USD Million
- Infrastructure Management Service – Market Size & Forecast 2019-2030, USD Million
- By Data Center Type
- Cloud Data Center- Market Size & Forecast 2019-2030, USD Million
- Colocation Data Center- Market Size & Forecast 2019-2030, USD Million
- Enterprise Data Center- Market Size & Forecast 2019-2030, USD Million
- By Tier Type
- Tier 1- Market Size & Forecast 2019-2030, USD Million
- Tier 2- Market Size & Forecast 2019-2030, USD Million
- Tier 3- Market Size & Forecast 2019-2030, USD Million
- Tier 4- Market Size & Forecast 2019-2030, USD Million
- By End-User
- IT & Telecom- Market Size & Forecast 2019-2030, USD Million
- BFSI- Market Size & Forecast 2019-2030, USD Million
- Healthcare- Market Size & Forecast 2019-2030, USD Million
- Energy- Market Size & Forecast 2019-2030, USD Million
- Manufacturing- Market Size & Forecast 2019-2030, USD Million
- Government & Defense- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – IBM Corporation, Cisco Systems, Inc., Dell Technologies, Microsoft Corporation, Schneider Electric SE, AWS, Oracle, HCL Technologies, Cognizant, Accenture, Atos, Wipro, Bytes Technology Group, Google, NTT Communications, Others,
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