How big is the Data Center Transformation Market?

The Data Center Transformation Market size is expected to reach USD 19.29 billion in 2024 and grow at a CAGR of 9.35% to reach USD 12.33 billion by 2029. Read More

What is the current Data Center Transformation Market size?

In 2024, the Data Center Transformation Market size is expected to reach USD 19.29 billion. Read More

Who are the key players in Data Center Transformation Market?

IBM Corporation, Cisco Systems, Inc., Microsoft Corporation, Schneider Electric SE and Wipro are the major companies operating in the Data Center Transformation Market. Read More

Which is the fastest growing region in Data Center Transformation Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Data Center Transformation Market?

In 2024, the Asia Pacific accounts for the largest market share in Data Center Transformation Market. Read More

What years does this Data Center Transformation Market cover, and what was the market size in 2023?

In 2023, the Data Center Transformation Market size was estimated at USD 17.64 billion. The report covers the Data Center Transformation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Data Center Transformation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Data Center Transformation Market - Share, Trend & Growth

Data Center Transformation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Datacenter Transformation Market is Segmented by Service (Consolidation, Automation, Optimization, and Infrastructure Management), Level of Data Centre (Tier 1, Tier 2, Tier 3, and Tier 4), End User (Data Center Providers, Enterprises-BFSI, IT and Telecom, Healthcare, Retail, Manufacturing, Aerospace, Defense, and Intelligence, and Other End-Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Data Center Transformation Industry Overview

The data center transformation market is semi-conslidated owing to the presence of many players in the market operating in the domestic as well as the international market. The market is moderately concentrated, with key players adopting product and design innovation strategies. Some of the major players in the market are IBM Corporation, Cisco Systems, Inc., and Wipro, among others.

In September 2023 - Schneider Electric SE announced at its Collobration with investors a USD 3 billion multi-year agreement with Compass Datacenters. The agreement extends the companies’ existing relationship that integrates their respective supply chains to manufacture and deliver prefabricated modular data center solutions.

In October 2022, Kyndryl announced a comprehensive hybrid cloud solution in collaboration with Dell Technologies and Microsoft Corporation. This solution empowers clients in data center, remote, and mainframe environments to expedite their cloud transformation journey by leveraging the infrastructure offered by Dell, Kyndryl's managed services, and Microsoft Azure.

In January 2022, IBM launched the IBM Z and Cloud Modernization Center to facilitate the adoption of hybrid clouds. The center serves as a digital gateway to a wide range of tools, resources, training, and ecosystem partners, assisting IBM Z clients in accelerating the digitization of their applications, processes, and data in a hybrid cloud environment.