The Global Data Virtualization Cloud Market is Forecasted to Expand at a Stellar CAGR Of 25% and Surpass a Valuation of US$ 5.6 Bn By 2030
Future Market Insights | September 11, 2020
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.