Data Center Transformation Market to Witness Robust Expansion by 2029

The global data center transformation market is anticipated to grow at a CAGR of 13.5% during the forecast period (2023-2030). Server virtualization involves creating multiple virtual servers on one physical server to make better use of resources, cut costs, and increase scalability. Storage virtualization simplifies the management, allocation, and scaling of storage capacity. Network virtualization separates network services from physical infrastructure to improve network agility and reduce hardware dependencies. Companies may move data, applications, and workloads to the cloud and integrate on-premises and cloud resources, and consolidate multiple data centers to save costs and improve resource utilization. Software-defined data centers abstract and virtualize data center components, making it easier to manage the data center. Furthermore, the market’s growth is attributed to growth in data rapidly. In order to handle the expanding data amounts, improved data center architecture has been developed as a result of the data explosion caused by IoT devices, social media, video streaming, and other elements. For instance, in May 2023, Iron Mountain Data Centers (IMDC) launched its 1st data center (HYD-1) on its campus in Hyderabad, India. HYD-1 is a Tier III-designed datacenter that can support up to 5.5 MW of IT load within a 120,000 square feet facility.

Furthermore, several nations and regions, including Oman, have introduced data protection laws that necessitate the storage and processing of certain kinds of data, particularly sensitive or personal data, within the country’s borders. For instance, in June 2023, Oman and OQ signed an agreement to adopt RISE with SAP and to run its SAP solutions, including integrated enterprise resource planning (ERP) across all of its business assets, on the new in-country data center, making it the 1st SAP Oman private cloud customer.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Service
  • By Tier of Data
  • By Data Center
  • By Vertical

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape- includes Accenture PLC, Amazon Web Services, Inc., Atos, Cisco Systems, Inc., and Cognizant Technology Solutions Corp., among others.

Data Center Transformation Market Report Segment

By service

  • Consolidation Services
  • Optimization Services
  • Automation Services
  • Infrastructure Management Services

By Tier of Data 

  • Tier 1
  • Tier 2
  • Tier 3
  • Tier 4

By Data Center

  • Cloud Data Center
  • Colocation Data Center
  • Enterprise Data Center

By Vertical

  • IT and Telecommunications
  • Government and Defense
  • Manufacturing
  • Oil and Gas
  • Others (Healthcare, Transportation)

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Data Center Transformation Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles

  • Accenture PLC
  • Amazon Web Services, Inc.
  • Atos
  • Cisco Systems, Inc.
  • Cognizant Technology Solutions Corp.
  • Google
  • HCL Technologies Ltd.,
  • Hitachi, Ltd.
  • IBM Corporation
  • Microsoft
  • NTT Corp.
  • Schneider Electric
  • Tata Consultancy Services Ltd.
  • Wipro Ltd.

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