Mergers and Acquisitions, Regulatory Requirements, and End of Lease Requirements

DUBLIN, June 24, 2021 / PRNewswire / – Data Center Migration Market – Forecasts from 2021 to 2026 report has been added to ResearchAndMarkets.com’s offering.

The data center migration market is expected to gain momentum over the forecast period.

Data center migration refers to moving a data center from one computing environment to another. The data center migration is done for a variety of reasons, including mergers and acquisitions, regulatory requirements, and end of lease requirements.

Data Center Migration offers significant cost savings for the company, which is one of the main factors expected to drive the data center migration market growth over the forecast period. Data center migration provides better security and improved efficiency, which leads many organizations to undertake data center migration and is expected to fuel the growth of the data center migration market over the forecast period.

The recent coronavirus disease outbreak has had a positive impact on the data center migration market. Due to lockdowns in most parts of the world during the pandemic, companies made home work available to employees and the on-site workstations and data centers were inaccessible.

The pandemic caused many companies to adopt cloud migration due to remote access, security issues and the need to manage large amounts of data due to remote work, which resulted in a surge in the data center migration market during the pandemic. As more companies look forward to keeping up with the emerging world of cloud technologies, cloud migration is expected to continue increasing even after the pandemic, which will fuel the data center migration market.

Reduces IT costs

Data Center Migration is an effective way to reduce IT costs for the businesses affected, which is one of the most important factors expected to drive the Data Center Migration market growth over the forecast period.

There are many costs associated with the data centers, such as: These include equipment maintenance, training staff, utility bills, real estate costs to run the data center, ongoing server upgrades and maintenance, electricity, and other capital and operating costs for data centers.

The energy consumption of a data center is on average around 100 times the energy consumption of an office building of the same size. Migrating from data centers therefore reduces the huge electricity bills, resulting in significant cost savings. As a result, many companies are moving towards colocation or cloud-based data centers in order to have predictable monthly fees that are expected to drive the growth of the data center migration market over the forecast period.

Cloud-type segment to hold significant market share

By type, the cloud-based segment is expected to hold the highest market share due to the various advantages it offers over traditional data centers and other types of data center migration. Cloud migration offers improved security features such as: B. to keep unwanted traffic out and constantly maintain security according to the latest known security threats. One of the great things about cloud migration is its scalability.

The user can increase or decrease the resources in accordance with the business needs. Other benefits such as increased flexibility and agility, cost efficiency, better performance, improved management of high customer expectations, and delivery of immediate business results are increasing demand for migration and are expected to drive cloud migration growth over the forecast period.

Additionally, companies are also making steady strides in cloud migration to make it easier for customers to migrate to the technology that is designed to further fuel market growth. For example in March 2021Oracle introduced new Oracle Cloud Lift Services designed to accelerate the cloud migration process and provide customers with enhanced access to technical tools and cloud engineering resources to quickly migrate workloads to Oracle Cloud Infrastructure (OCI).

Competition insights

Prominent / key players in the data center migration market include Google, the David-Kenneth Group, Amazon, and others.

The players in the Data Center Migration Market are implementing various growth strategies in order to gain a competitive advantage over their competitors in this market. Major market players in the market have been addressed along with their relative competitive strategies, and the report also mentions the recent deals and investments of various players in the market over the past few years.

The Company Profiles section outlines the business overview, financial performance (public companies) over the past several years, key products and services offered, and recent deals and investments by these key players in the data center migration market.

Recent developments

in the April 2021, Euronext, the largest exchange in Europe, completed the acquisition of Borsa Italiana Group and announced the company’s plans to migrate data centers from London, UK too Milan, Italy.

in the October 2020, Nokia announced that it is implementing data center migration and moving its on-premises IT infrastructure to Google Cloud. The move came in an effort to improve the company’s operations and lower its expenses by reducing the hardware expenses, footprint, and enormous energy consumption of these devices.

Key topics covered:

1 Introduction

2. Research methodology

3. Summary

4. Market dynamics
4.1. Market leader
4.2. Market restrictions
4.3. Porter’s Five Forces Analysis
4.4. Analysis of the industry’s value chain

5. Data Center Migration Market Analysis By Type
5.1. introduction
5.2. cloud
5.3. Hybrid
5.4. Consolidation
5.5. Colocation
5.6. move

6. Market analysis for data center migration by company size
6.1. introduction
6.2. Small and Medium Business
6.3. Large companies

7. Market Analysis for Data Center Migration by End Use Industry
7.1. introduction
7.2. BFSI
7.3. Health care
7.4. Manufacturing
7.5. public sector
7.6. sale
7.7. telecommunications
7.8. Other

8. Market analysis for data center migration by geography

9. Competitive Environment and Analysis
9.1. Main actors and strategy analysis
9.2. Emerging players and market profitability
9.3. Mergers, acquisitions, agreements and collaborations
9.4. Supplier competition matrix

10. Company profiles

  • Google
  • David-Kenneth Group
  • Amazon
  • VMware Inc
  • Trianz
  • Dell Technologies
  • Infosys
  • Colt data center services
  • Accenture PLC
  • IBM

Please visit https://www.researchandmarkets.com/r/u7soq9 for more information on this report

Media contact:

Research and Markets
Laura wood, Senior manager
[email protected]

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SOURCE Research and Markets

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