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Data Center Transformation Market Size, Share, Recent Development, Opportunities Business Scenario, Scope, Key Segments And Forecast To 2028

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Data Center Transformation Market Size, Share, Recent Development, Opportunities Business Scenario, Scope, Key Segments And Forecast To 2028

August 27
16:45 2024
Data Center Transformation Market Size, Share, Recent Development, Opportunities Business Scenario, Scope, Key Segments And Forecast To 2028
Dell (US), Microsoft (US), IBM (US), Schneider Electric (France), Cisco (US), NTT (Japan), HCLTech (India), Accenture (Ireland), Cognizant (India), Google (US), Wipro (India), Atos (France), TCS (India), Hitachi (Japan), NetApp (US), Mindteck (India), Bytes Technology Group (UK), General Datatech (US).
Data Center Transformation Market by Service Type (Consolidation Services, Optimization Services, Automation Services, and Infrastructure Management Services), Tier Type, Data Center Type, Data Center Size and Region – Global Forecast to 2028.

The market for data center transformation is expected to experience significant growth, expanding from USD 11.5 billion in 2023 to USD 18.9 billion by 2028 at a CAGR of 10.5%. This growth is fueled by a convergence of technological advancements, evolving business needs, and environmental considerations, which are driving organizations to rethink how they manage and operate their infrastructure.

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Automation Services segment to grow at the highest CAGR during the forecast period.

By service type, the data center transformation market includes Consolidation Services, Optimization Services, Automation Services, and Infrastructure Management Services. The automation services segment to grow at the highest CAGR during the forecast period. Data center automation automates IT processes across the computing, network, and storage layers in physical and virtual environments. Automation involves using software and tools to streamline and orchestrate various data center processes and tasks. It plays a crucial role in data center transformation by enhancing efficiency, reducing human error, and enabling rapid response to change demands.

Cloud Data Center segment to grow at the highest CAGR during the forecast period.

The various segments we have captured in the scope are – cloud, colocation, and enterprise data centers. The cloud data center segment would grow at the highest CAGR during the forecast period. Cloud providers utilize service models, such as private cloud, public cloud, and hybrid cloud, to offer enhanced services to their customers. With cloud computing adoption continuing to rise, cloud data centers are hosting more enterprise workloads. Major CSPs, such as Amazon, Microsoft, and Google, continue to build massive facilities in the US and worldwide to increase their cloud computing power.

The retail vertical will grow at the second-highest CAGR during the forecast period.

Retailers are embracing cloud computing, big data analytics, and digital transformation to expand their businesses and increase their customer base. They connect to consumer devices for various activities, such as analysis of their buying habits and promoting targeted sales. Due to the rising consumer purchasing power, the retail vertical is one of the fastest-growing verticals. With the advent of online retailing, retailers are adopting more innovative technologies such as cloud computing, big data analytics, digital stores, and social networks. Online retail vendors need a comprehensive cloud environment to offer their products and services to customers. Retailers are increasingly adopting edge computing to process data closer to the point of sale, enabling real-time analytics, inventory management, and personalized customer experiences.

North America segment to capture a significant market share during the forecast period.

The data center transformation market includes regional segmentation into Europe, Asia Pacific, North America, the Middle East and Africa, and Latin America. As per region, North America accounts for the largest market share in the global data center transformation market in 2023, and this trend will persist during the forecast period. North America has the most established data center adoption due to several factors, such as large enterprises with sophisticated IT infrastructure and skilled technical expertise. The US and Canada are North America’s two most significant contributors in the data center transformation market. It is a region with strict regulations for several economic sectors and advanced technology. North America is known for its technological advancements and early adoption of innovative solutions. The large enterprises in this region are rapidly adopting data center services to improve employee experience and tackle any business continuity challenges amid COVID-19. In North America, large enterprises and SMEs focus on developing innovative data centers integrated with technological advancements, such as  5G, IoT, AI, and ML; this would boost growth in the future.

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Unique Features in the Data Center Transformation Market

The data center transformation market is defined by several unique features that set it apart from traditional data center operations. One of the key features is the shift towards hyper-converged infrastructure (HCI). HCI integrates compute, storage, and networking into a single system, allowing for greater flexibility, scalability, and ease of management.

Another unique aspect is the growing emphasis on automation and artificial intelligence (AI) in data center management. Automation tools and AI-driven analytics are increasingly being used to optimize resource allocation, predict maintenance needs, and manage energy consumption more efficiently.

Sustainability is also a standout feature in the data center transformation market. As organizations become more conscious of their environmental impact, there is a strong push towards green data centers that utilize energy-efficient technologies, renewable energy sources, and innovative cooling solutions.

Lastly, the data center transformation market is characterized by the adoption of hybrid and multi-cloud strategies. Organizations are increasingly moving towards hybrid environments that combine on-premises data centers with public and private cloud services. This approach offers greater flexibility, allowing businesses to optimize their workloads based on cost, performance, and security requirements.

Major Highlights of the Data Center Transformation Market

The data center transformation market is experiencing significant growth, marked by several key highlights. One of the most prominent is the widespread adoption of cloud computing and virtualization technologies. As organizations increasingly move their workloads to the cloud, data centers are transforming to accommodate hybrid and multi-cloud environments.

Another major highlight is the rising importance of automation and AI in optimizing data center operations. Automation tools are being deployed to streamline processes, reduce operational costs, and improve efficiency. AI-driven analytics play a crucial role in predictive maintenance, energy management, and resource allocation, allowing data centers to operate with greater precision and reliability.

Sustainability is also a key highlight in the data center transformation market. With growing environmental concerns, there is an increased emphasis on creating energy-efficient and eco-friendly data centers. This includes the use of renewable energy sources, advanced cooling technologies, and energy-efficient hardware.

Finally, the data center transformation market is characterized by a strong focus on security and compliance. As data breaches and cyber threats become more sophisticated, organizations are investing heavily in robust security measures to protect their data and infrastructure. This includes the implementation of advanced encryption techniques, zero-trust architectures, and comprehensive compliance frameworks.

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Top Companies in the Data Center Transformation Market

The key technology vendors in the market include Dell (US), Microsoft (US), IBM (US), Schneider Electric (France), Cisco (US), NTT (Japan), HCLTech (India), Accenture (Ireland), Cognizant (India), Google (US), Wipro (India), Atos (France), TCS (India), Hitachi (Japan), NetApp (US), Mindteck (India), Bytes Technology Group (UK), General Datatech (US), Insight Enterprises (US), Tech Mahindra (India), NETSCOUT (US), Dyntek (US), Softchoice (Canada), InKnowTech (India), Rahi Systems (US), Blue Mantis (UK), GreenField Software (India), Hyperview (Canada), FlexiScale (UK), LiquidStack (US), RackBank Datacenters (India), and Vapor IO (US). Most key players have adopted partnerships and product developments to cater to the demand for data center transformation.

IBM:

The company has a robust global presence, brand name, and diversified product portfolio in the data center transformation market. It benefits from its extensive intellectual property portfolio, including more patents. The high economies of scale contribute to business capabilities to maintain a competitive position in the market. The increasing demand for cloud-based services provides IBM with a continued business inflow across verticals and regions. The company has a strong presence in the European, American, Middle East & Africa, and Asia Pacific regions. It caters to various industries, including BFSI, retail, IT and telecommunications, media and entertainment, healthcare, government, and education. IBM has received over 3,000 patents for cloud and hybrid cloud technology. IBM researchers developed a method for intelligently distributing data processing components among cloud, edge, and intermediate computing devices. IBM received over 2,300 AI patents as inventors created new AI technologies to assist organizations in expanding their use of AI. As businesses fight to protect sensitive data, particularly in highly regulated industries, IBM inventors have earned over 1,400 security-related patents.

Microsoft:

Microsoft Azure is one of the leading cloud platforms globally. It provides a comprehensive set of services for data center transformation, including virtual machines, containers, storage, networking, and AI capabilities. Microsoft offers hybrid cloud solutions, allowing organizations to seamlessly integrate on-premises data centers with Azure. This hybrid approach provides flexibility and scalability. The company has strong domain expertise in all its solutions to cater to its clients better. The company extensively focuses on inorganic growth strategies, including strategic partnerships and acquisitions. Microsoft has a vast ecosystem of partners and third-party integrations, enhancing its offerings and enabling customers to build tailored solutions. The company is expanding in emerging markets through these inorganic growth strategies. Microsoft strongly emphasizes security and compliance, offering tools and services to help organizations protect their data and meet regulatory requirements.

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