DUBAI, U.A.E, Sept. 10, 2020
DUBAI, U.A.E, Sept. 10, 2020 /PRNewswire/ -- According to a new market study by Future Market Insights (FMI), the global data virtualization cloud market is forecasted to witness substantial growth in terms of value between 2020 and 2030.
The report attributes the growth of the market to the growing trend of business resilience, cost optimization, and Infrastructure as a Service (IaaS) in the IT sector, which in turn, is propelling the adoption of data virtualization cloud. Moreover, shifting preference from local servers to cloud systems for easier data management is expected to fuel the growth of the market.
Along similar lines, multi-cloud deployment models are gaining remarkable traction in the IT sector owing to increasing emphasis on enhancing operational efficiency while keeping up with digital advancements. In addition to application portability offered by multi-cloud deployment models, they focus on acquirement, risk mitigation, and functionality, thus increasing the overall efficiency.
"As end-users in the IT sector upgrade to data-driven architecture and resort to cloud for numerous operations, market players are capitalizing the trend to make progress," opines FMI analyst.
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Data Virtualization Cloud Market - Key Takeaways
Data Virtualization Cloud Market - Key Trends
Data Virtualization Cloud Market - Regional Analysis
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Data Virtualization Cloud Market - Competitive Landscape
Some of the major market players operating in the market include IBM Corporation, Denodo, Informatica, Oracle Corporation, SAP, Tibco Software, Microsoft Corporation, Datometry, and VMware among others. Market players are focusing on expanding their consumer base by equipping their services with features that effectively serve end-user needs.
Data Virtualization Cloud Market - Taxonomy
Get Valuable Insights into the Data Virtualization Cloud Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global data virtualization cloud market, presenting historical demand data and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the data virtualization cloud market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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