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The Global Data Center Virtualization Market was valued at USD 3.28 billion in 2016 and is projected to reach USD 12.96 billion by 2025, growing at a CAGR of 16.49% from 2017 to 2025.
Data Center Virtualization is the process of designing, developing and deploying a data center on virtualization and cloud computing technologies. Data center virtualization usually produces a virtualized, cloud and collocated virtual data center. Benefits of data center virtualization include - reduced cost, faster redeploy, easier backups, better testing, no vendor lock-in, better disaster recovery, and easier migration to cloud.
Global Data Center Virtualization Market By Organization Size (Large Enterprises, Small and Medium Organizations), Type (Managed Services, Technical Support Services, Advisory & Implementation Services, Optimization Services), Vertical (Retail & SCM, Media & Entertainment, Manufacturing & Automotive, IT & Telecommunication, Banking Financial Services & Insurance (BFSI), Education, Healthcare, Government), and Regional Market Size, Status and Forecast to 2025