Data Center Virtualization Market size is valued at USD 5.0 billion in 2021 and is expected to reach a value of USD 14.3 billion by 2028, growing at a CAGR of 16.3% during the forecast period 2022 to 2028. The global market provides a detailed overview of the Data Center Virtualization Market, and that has been segmented by type, by Organization size and by end user. By type, the Data Center Virtualization market has been segmented into Advisory & Implementation Services, Optimization Services, Managed Services, Technical Support Services. The Optimization Services segment is likely to be the largest and fastest-growing segment in terms of types. By Organization size, the Data Center Virtualization market has been segmented into Large Enterprises and SMEs. The Large Enterprises segment accounted for significant revenue share in 2021. Based on end user, the Data Center Virtualization are segmented into IT & Telecommunication, Banking Financial Services & Insurance (BFSI), Education, Healthcare, Government, Retail & SCM, Media & Entertainment, Manufacturing & Automotive, Others (Energy & Utility and Travel & Hospitality). The Healthcare segment is predicted to register the fastest growth rate during the forecast period, according to precision business insights.
In January 2022, Citrix Systems is being acquired by Vista Equity Partners and Evergreen Coast Capital, taken private in an all-cash deal valued at $16.5 billion, and will be combined with data integration and analysis software developer Tibco Software.