January 13, 2020
According to the research report titled ‘Software-Defined Data Center Market Size By Solution (Software-Defined Compute (SDC) [Hardware, Software, Services {Managed Services, Professional Services}], Software-Defined Networking (SDN) [Hardware, Software, Services {Managed Services, Professional Services}], Software-Defined Storage (SDS) [Hardware, Software, Services {Managed Services, Professional Services}]), By Organization Size (SMEs, Large Enterprises) By End-Use (Enterprise [BFSI, Government, Healthcare, Manufacturing, IT Enabled Services (ITeS), Retail & E-Commerce], Telecom Service Providers, Cloud Service Providers), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available at MarketStudyReport.com, the global software-defined data center (SDDC) market is expected to reach USD 235 billion by the year 2026.
Surging need for resource pooling, data integrity, virtualization, predictability, and resiliency among enterprises are the major factors driving the software-defined data center market growth. SDDC helps in virtualization of data centers from hardware-based data centers. Growing demand for low operational expenditure, minimum capital expenditure, and improved IT agility is also aiding the expansion of the market.
Proliferating cloud services and consistent growth of consumer & business applications are contributing towards the popularity of SDDC solutions across the globe. Furthermore, growing trend of social networking, IoT, cloud computing, mobility solutions, online shopping, and streaming videos has led to the generation of high volume of data which in turn is stimulating the industry outlook.
As per solution type, SDN (software-defined networking) market segment is expected to register substantial growth during the estimated timeframe. SDN solutions offer a wide array of resources that can be used to scale, support, automate, and orchestrate the operations in an enterprise. This factor in tandem with rising adoption of IT and cloud services is fueling the segmental growth.
In terms of end-use, escalating investments in healthcare sector coupled with surging need for scale data center services are propelling the demand across the healthcare application segment of software-defined data center market. Increasing utilization of IoT and big data analytics in consort with growing inclination towards using wearable smart devices are augmenting the demand for SDDC solutions in healthcare industry.
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As per regional analysis the report states that flourishing smartphones industry and increasing internet penetration is facilitating the expansion of Asia-Pacific software-defined data center market.
Vmware Inc., SUSE LLC, Super Micro Computer Inc., Rahi Systems, QTS Realty Trust Inc. (QualityTech LP), Oracle Corp., Nutanix Inc., Nexenta Systems Inc., NetApp Inc., NEC Corporation of America (NEC Corp.), Microsoft Corp., Juniper Networks Inc., IBM Corp., Huawei Technologies Co. Ltd., HP Enterprises, Hitachi Data Systems (Hitachi Vantra), Fujitsu Ltd., Citrix Systems Inc., Cisco Systems Inc., and Advanced Systems Group are the prominent companies operating in the software-defined data center market.