Global Data Center Virtualization Market is valued at approximately USD 7.05 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 16.5% over the forecast period 2023-2030. Data center virtualization is the process of creating a virtualized or software-based representation of a physical data center environment. It involves the abstraction of computing resources, such as servers, storage, networking, and other infrastructure components, into virtual instances that can be managed and allocated dynamically. The primary goal of data center virtualization is to improve efficiency, scalability, and flexibility within the data center environment. The Data Center Virtualization market is expanding because of factors such as increased spending on data center technology and exponential growth in data center traffic.
This surge in data center traffic requires scalable and flexible infrastructure solutions. Data center virtualization allows for the efficient allocation of computing resources and the ability to scale up or down as demand fluctuates, ensuring that data centers can handle the growing traffic effectively. According to Statista, in 2019, Global data center IP traffic stood at 14.1 Zettabytes, which increased to 20.6 zerrabytes in 2021. The same source reported that, in 2022, spending on data center systems is expected to amount to USD 212 billion an increase of 11.1 percent from the year 2021. Thus, rising spending on data center traffic and spending on data center systems is driving market growth. Moreover, the rising number of data centers is further supporting the market growth. According to the United States International Trade Commission, as of the year 2021, there were nearly 8,000 data centers across the globe. In addition, Increased Adoption of private cloud and Integration of 5G technology in IT & telecom applications is creating lucrative opportunities to market growth. However, the limited awareness related to virtualization technology and increasing concerns regarding data security stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Data Center Virtualization Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players, rising investment in IT infrastructure technologies, and rising adoption of cloud storage technologies by IT and Telecom companies in the region. Whereas, Asia Pacific is projected to have significant growth owing to factors such as a rising number of IT and telecom companies, a rising number of data traffic companies, and rising investment for the development of data centers in the region.
Major market players included in this report are:
- ATTO Technology, Inc.
- Cisco Systems, Inc.
- Dell Inc.
- Fujitsu Limited
- HCL Technologies Limited
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co., Ltd.
- Veritis Group Inc
- VMware, Inc.
- SAP SE
Recent Developments in the Market:
- In May 2023, Google unveiled a new A3 supercomputer virtual machine for handling machine learning tasks, which was made possible with the aid of improved host memory, next-generation Nvidia GPU, a fully contemporary CPU, and considerable network improvements. These devices have a maximum power of 26 exaFlops, which can reduce the cost and length of time required to train more complex ML models.
- In Aug 2021, Verge.io, a provider of data centre operating system software based in the United States, teamed with CloudFabrix, an operational intelligence analytics firm based in India. In order to deliver total data centre transformation for enterprise and CSP organizations, the cooperation will pair the Verge.io virtualized operating system with CloudFabrix AI-based Asset Intelligence & Operations.
Global Data Center Virtualization Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Type, Component, Service, Organizational Size, End Use, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Server
- Storage
- Network
- Desktop
- Application
- Others
By Component:
By Services:
- Advisory & Implementation Services
- Optimization Services
- Managed Services
- Technical Support Services
By Organization Size:
- Small and Medium-Sized Enterprises (SMEs)
- Large Enterprises
By End-Use:
- BFSI
- IT & Telecommunication
- Manufacturing & Automotive
- Government
- Healthcare
- Education
- Retail & SCM
- Media & Entertainment
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Data Center Virtualization Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Data Center Virtualization Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Data Center Virtualization Market, by Component, 2020-2030 (USD Billion)
- 1.2.4. Data Center Virtualization Market, by Services, 2020-2030 (USD Billion)
- 1.2.5. Data Center Virtualization Market, by Organization Size, 2020-2030 (USD Billion)
- 1.2.6. Data Center Virtualization Market, by End-use, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Data Center Virtualization Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Data Center Virtualization Market Dynamics
- 3.1. Data Center Virtualization Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increased spending on data center technology
- 3.1.1.2. Exponential growth in data center traffic.
- 3.1.2. Market Challenges
- 3.1.2.1. Limited awareness related to virtualization technology
- 3.1.2.2. Increasing concerns regarding data security
- 3.1.3. Market Opportunities
- 3.1.3.1. Increased Adoption of private cloud
- 3.1.3.2. Integration of 5G technology in IT & telecom applications
Chapter 4. Global Data Center Virtualization Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Data Center Virtualization Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Data Center Virtualization Market by Type, Performance - Potential Analysis
- 5.3. Global Data Center Virtualization Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Data Center Virtualization Market, Sub Segment Analysis
- 5.4.1. Server
- 5.4.2. Storage
- 5.4.3. Network
- 5.4.4. Desktop
- 5.4.5. Application
- 5.4.6. Others
Chapter 6. Global Data Center Virtualization Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Data Center Virtualization Market by Component, Performance - Potential Analysis
- 6.3. Global Data Center Virtualization Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
- 6.4. Data Center Virtualization Market, Sub Segment Analysis
- 6.4.1. Services
- 6.4.2. Software
Chapter 7. Global Data Center Virtualization Market, by Services
- 7.1. Market Snapshot
- 7.2. Global Data Center Virtualization Market by Services, Performance - Potential Analysis
- 7.3. Global Data Center Virtualization Market Estimates & Forecasts by Services 2020-2030 (USD Billion)
- 7.4. Data Center Virtualization Market, Sub Segment Analysis
- 7.4.1. Advisory & Implementation Services
- 7.4.2. Optimization Services
- 7.4.3. Managed Services
- 7.4.4. Technical Support Services
Chapter 8. Global Data Center Virtualization Market, by Organization Size
- 8.1. Market Snapshot
- 8.2. Global Data Center Virtualization Market by Organization Size, Performance - Potential Analysis
- 8.3. Global Data Center Virtualization Market Estimates & Forecasts by Organization Size 2020-2030 (USD Billion)
- 8.4. Data Center Virtualization Market, Sub Segment Analysis
- 8.4.1. Small and Medium-Sized Enterprises (SMEs)
- 8.4.2. Large Enterprises
Chapter 9. Global Data Center Virtualization Market, by End-use
- 9.1. Market Snapshot
- 9.2. Global Data Center Virtualization Market by End-use, Performance - Potential Analysis
- 9.3. Global Data Center Virtualization Market Estimates & Forecasts by End-use 2020-2030 (USD Billion)
- 9.4. Data Center Virtualization Market, Sub Segment Analysis
- 9.4.1. BFSI, IT & Telecommunication
- 9.4.2. Manufacturing & Automotive
- 9.4.3. Government
- 9.4.4. Healthcare
- 9.4.5. Education
- 9.4.6. Retail & SCM
- 9.4.7. Media & Entertainment
- 9.4.8. Others
Chapter 10. Global Data Center Virtualization Market, Regional Analysis
- 10.1. Top Leading Countries
- 10.2. Top Emerging Countries
- 10.3. Data Center Virtualization Market, Regional Market Snapshot
- 10.4. North America Data Center Virtualization Market
- 10.4.1. U.S. Data Center Virtualization Market
- 10.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 10.4.1.2. Component breakdown estimates & forecasts, 2020-2030
- 10.4.1.3. Services breakdown estimates & forecasts, 2020-2030
- 10.4.1.4. Organization Size breakdown estimates & forecasts, 2020-2030
- 10.4.1.5. End-use breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada Data Center Virtualization Market
- 10.5. Europe Data Center Virtualization Market Snapshot
- 10.5.1. U.K. Data Center Virtualization Market
- 10.5.2. Germany Data Center Virtualization Market
- 10.5.3. France Data Center Virtualization Market
- 10.5.4. Spain Data Center Virtualization Market
- 10.5.5. Italy Data Center Virtualization Market
- 10.5.6. Rest of Europe Data Center Virtualization Market
- 10.6. Asia-Pacific Data Center Virtualization Market Snapshot
- 10.6.1. China Data Center Virtualization Market
- 10.6.2. India Data Center Virtualization Market
- 10.6.3. Japan Data Center Virtualization Market
- 10.6.4. Australia Data Center Virtualization Market
- 10.6.5. South Korea Data Center Virtualization Market
- 10.6.6. Rest of Asia Pacific Data Center Virtualization Market
- 10.7. Latin America Data Center Virtualization Market Snapshot
- 10.7.1. Brazil Data Center Virtualization Market
- 10.7.2. Mexico Data Center Virtualization Market
- 10.8. Middle East & Africa Data Center Virtualization Market
- 10.8.1. Saudi Arabia Data Center Virtualization Market
- 10.8.2. South Africa Data Center Virtualization Market
- 10.8.3. Rest of Middle East & Africa Data Center Virtualization Market
Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. ATTO Technology, Inc.
- 11.3.1.1. Key Information
- 11.3.1.2. Overview
- 11.3.1.3. Financial (Subject to Data Availability)
- 11.3.1.4. Product Summary
- 11.3.1.5. Recent Developments
- 11.3.2. Cisco Systems, Inc.
- 11.3.3. Dell Inc.
- 11.3.4. Fujitsu Limited
- 11.3.5. HCL Technologies Limited
- 11.3.6. Hewlett Packard Enterprise Development LP
- 11.3.7. Huawei Technologies Co., Ltd.
- 11.3.8. Veritis Group Inc
- 11.3.9. VMware, Inc.
- 11.3.10. SAP SE
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption