In order to provide consistent application and data storage across on-premises infrastructure and the cloud, IBM Corporation stated it would transfer Red Hat storage product roadmaps and Red Hat associate teams to the IBM Storage business unit.
Together, Vertiv Group Corporation, a leading global provider of solutions for essential digital infrastructure and business continuity, and Honeywell, a leader in linked buildings, are going to create integrated solutions to improve the operational performance, sustainability, and resiliency of data centres.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5050
Published Date: Jun 17, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growth in remodeling of data centers, rise in demand for digital transaction, and surge in spending on data centers.
The market size of containerized data center is anticipated to attain a CAGR of ~23% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Cisco Systems, Inc., IBM Corporation, Dell, Inc., Vertiv Group Corporation, and more.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by application type, organization size, industry, and by region.
The large size organizations segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Growing issues related to data security & privacy, the high cost of the containerized data center, and insufficient computing capacity are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.