Data center transformation helps an enterprise achieve cost savings by procuring budget-friendly and efficient data center infrastructure alternatives. The data center transformation is also projected to have an increasing growth owing to the increase in data center technology-related spending and exponential growth of data traffic across the globe.
An increasing number of cloud service providers that offer efficient cloud services to other businesses are expected to drive the demand for data center solutions. Moreover, an increasing demand for public, private, and hybrid cloud for cost efficiency and performance improvement has further contributed to the growth of Data Center Transformation Market.
Data center infrastructure is expected to witnesse major technological changes along with evolving technological advancements. Enterprises are increasingly setting up cloud services with third-party assistance and data center transformation helps them in supporting such applications.
Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The region provides growth opportunities to data center transformation vendors, due to the increasing investments in advanced technologies, rapid adoption of cloud, and rise in government regulations for data storage.