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The increase in implementation of virtualization solutions has led to a rapid development of server virtualization solutions. It increases the productivity of servers and the network as a whole. Technavio’s market research analysts predict the global storage virtualization market to grow at a CAGR of more than 24% from 2015 to 2019.
There need for centralization of all processes in the network and scaling of computing resources in the network to reduce workloads drives its adoption. The increase in IT spending by enterprises and the growing amount of storage data generated by cloud computing and IoT will emerge as some key factors propelling the demand for virtual storage until 2019.
In this market research study, analysts have calculated the market size of global storage virtualization considering the following:
The US has contributed the maximum towards the global storage virtualization market. Many large enterprises in the country including government agencies, cloud service providers (CSPs), and colocation and Web hosting service providers operate their data centers in this region.
Storage virtualization offers several benefits to these organizations through higher utilization of storage resources. It also helps in the consolidation of data center facilities through reduced power consumption and cost.
Citrix
The other prominent vendors of this market include DataCore Software, EMC², Hitachi Data Systems, and NetApp.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type of virtualization
PART 07: Market segmentation by technology
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: Explore Technavio
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