Virtual Data Optimizer Market to grow at a CAGR of 17.3%
The Virtual Data Optimizer (VDO) Market was valued US$ 6.8 Bn in 2020, and would grow by more than 17% CAGR.
Virtual data optimizer is a software package used to save storage space and reduce costs. It is aligned with a granularity of 4KB, which offers high data reduction speeds and output balance. It helps to reduce functionality to the Linux block storage heap. It uses three methods to reduce the data footprint data compression, data de-duplication, and zero-block reduction.
According to latest, virtual data optimizer market is set to witness higher growth during 2021-2031. The market will show highest growth in coming years, owing to increase in demand from businesses for cost-effective data storage systems which handles large volumes of data.
To remain ‘ahead’ of your competitors, request for a sample here@ https://www.persistencemarketresearch.com/samples/32677
What is Driving Demand for Virtual Data Optimizer Market?
Growing adoption of cost-efficient data management solutions among small enterprises, SMEs, and large enterprises fuels the growth of virtual data optimizer market. It manages large amounts of data and enables companies to reduce costs and computing space.
It helps to reduce costs of long-term data image maintenance, reduce costs of cloud-based external block storage, and reduced costs per instance of processing. Virtual data optimizer deletes the redundant copies of blocks of data which is already processed and with the help of data de-duplication software solutions.
Thus increase in demand of data deduplication software tools to remove duplicate copies propels the demand of the virtual data optimizer market.
To receive extensive list of important regions, ask for Table of Content here@ https://www.persistencemarketresearch.com/toc/32677
Growing Demand of Cloud-Based Solutions across Major End-Use Industries, Including Health Care, IT & telecom, and BFSI is driving the adoption of Virtual Data Optimizer Market
There is an increasing adoption of advanced technologies such as big data analytics emergence of the tele cloud, and IoT in the major end use industry such as healthcare industry, IT & telecom, and BFSI. Growth of such industries in recent years ultimately augments the growth of the virtual data optimizer market.
The adoption of data virtualization solutions in data centers has increased and it helps to manage the data efficiently. Thus rise in the number of data centers across the world propels growth of the virtual data optimizer market.
Pre-Book Right Now for Exclusive Analyst Support @ https://www.persistencemarketresearch.com/checkout/32677
About us:
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
Contact us:
Persistence Market Research
305 Broadway, 7th Floor
New York City, NY 10007
United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.com