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Digital Marketing Analyst at IndustryARC

🚀 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐈𝐓 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞: 𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐕𝐢𝐫𝐭𝐮𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬! The global data center virtualization market size was estimated to be USD 7.05 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.5% from 2023 to 2030. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 @ https://lnkd.in/gbVjG5GM ◾ The #DataCentre #Virtualization Market is estimated to witness substantial growth over the forecast period primarily due to rise in need to reduce #enterprise operational costs and enhance #business agility and increase in deployment of data centre virtualization owing to benefits as reduction in cost, better testing and easier migration accelerating the market growth. ◾ The immediate benefits of data centre virtualization in different sectors are the major driving factor for the growth of this market. Virtualization abstracts the #hardware components of the data centre and provides a common software layer to manage the virtual machines.  ◾ The main factors driving the growth are the rising need to lower the operational cost of organizations and increase business agility and the increased need for unified and centralized management of data centers. Moreover, factors such as the rising demand to cut data center complexities, the rising price of data center technology, the increasing adoption of private cloud, and the rapid growth in data center #traffic are expected to contribute to market growth shortly. 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 📚 https://lnkd.in/gaZ9FegR 𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: VMware, Microsoft, Citrix, Red Hat, Amazon Web Services (AWS), Cisco, Hewlett Packard Enterprise, IBM, Dell Technologies Oracle, NetApp, Nutanix, Google Cloud Security, Broadcom, Rackspace Technology, Equinix, Digital Realty, Riverbed Technology, Arista Networks

  • Data Center Virtualization Market | IndustryARC

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