DATA CENTER VIRTUALIZATION MARKET ANALYSIS

Data Center Virtualization MarketSize and Trends

Healthcare segment is projected to exhibit the highest CAGR over the forecast period. Increasing adoption of electronic health record, hospital information system, picture archiving, and communication systems has led to demand for data storage. This increasing demand for data storage in healthcare have led to increasing adoption of cloud, which reduces IT maintenance cost. 

Small and medium-sized enterprises segment is projected to exhibit the highest CAGR over the forecast period. Due to high investment cost for production and maintenance of on-premises data centers, the small and medium sized enterprises are adopting cloud based data center, which help to reduce the IT expenses.        

Increasing demand for data either structured or unstructured, for analyses of the market trend, customer demand, product discretion etc. have led to raising demand for data storage, which is positively affecting growth of the data center virtualization market.