The Global Data Center Virtualization Market size is expected to reach $9.0 billion by 2023, rising at a market growth of 16.4% CAGR during the forecast period. Data center virtualization comprises a wide set of tools, technologies and processes that are used in operations of a data center to provide services with virtualization layer/technology. With the help of data center virtualization, an existing or a standard data center facility could be put to use for providing/hosing multiple virtualized data centers on a particular physical infrastructure, which can eventually be used by various applications and/or organizations. Such a combination helps in optimizing IT infrastructure/resource utilization, and also leads to minimizing data center capital and functional costs.
Based on Type, the market report segments the market into Technical Support Services, Advisory & Implementation Services, Managed Services, and Optimization Services. Based on Organization Size, the market report segments the market into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market report segments the market into IT & Telecom, BFSI, Retail & Ecommerce, Government, Manufacturing, Healthcare, and Others. Based on Regions, the Data Center Virtualization market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the competition analysis of key stake holders of the Data Center Virtualization Market. Key companies profiled in the report include VMware, Inc., Microsoft Corporation, Citrix Systems, Inc., Amazon.com, Inc. (Amazon Web Services), Cisco Systems, Inc., AT&T, Inc., Fujitsu Limited, Hewlett Packard Enterprise (HPE) Company , IBM Corporation, and Huawei Technologies Co., Ltd.