Global Software Defined Data Center (SDDC) Market is Estimated to Reach $298 Billion by 2025, Says Accurize Market Research
Global Software Defined Data Center (SDDC) Market report published by Accurize Market Research forecast that the global market is expected to reach $298 billion by 2025; growing at a CAGR of 30.4% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Rising need for security, increasing requirement about integrated management, efficient & automated data center operationsto drive the growth of the market
Rising need for security, increasing requirement about integrated management, efficient & automated data center operationsfuelthe demand for the global software defined data center (SDDC) market.Furthermore,low operational cost and increasing demand for data storagealso boosts the growth of the market.
The global software defined data center (SDDC)market has been bifurcated on the basis ofnetwork solution, end user, services, industry vertical, and geography. The network solution segment comprises software-defined storage (SDS), software-defined networking (SDN), and software-defined compute (SDC). Further, end user comprises large enterprises, small enterprises, and medium enterprises. While services comprise integration, deployment & migration services, consulting & assessment services, and managed services. Additionally, industry vertical is further subdivided into healthcare, telecom & IT, retail, government and BFSI, manufacturing, and others (education, media & entertainment, utilities, transportation).
By geography the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, Japan, Australia, Singapore, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
“Software-defined storage (SDS) accounted for the largest market share in the network solution segment”, says Accurize
In the network solution segment, Software-defined storage (SDS) accounted for the largest market share in 2017and is expected to continue its dominance during the forecast period 2017 – 2025, driven by the big data growth in the telecom and IT industry.
“North America dominated the global market with the highest market share over the forecast period", says Accurize
North America dominated the market with 49.1%market share in 2017and expected to continue its dominance during the forecasted period. The growth is accredited to growing R&D activities coupled with growing consumer demand in the region. Change in demographics in North America has resulted in rising demand for health care accommodations.
Top players in the market
The key market players include HP Development Company, L.P., VMware, Inc., Cisco Systems, Inc., Citrix Systems, Inc., Amazon Web Services, Inc., NEC Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, and International Business Machines (IBM) Corporation, among others.
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