Global Software-Defined Data Center (SDDC) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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Global Software-Defined Data Center (SDDC) Market: Overview
“The global Software-Defined Data Center Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Software-defined data center (SDDC) is a data storage facility in which all elements of the infrastructure such as networking, storage, CPU, and security are virtualized and delivered as a service.
Global Software-Defined Data Center (SDDC) Market: Dynamics
Rising adoption of advanced data center management software across various organizations and increasing data center ability to centrally manage the entire data are major factors expected to drive growth of the global market over the forecast period.
In addition, increasing demand for big data and cost-effective technical solutions among various industries, such as BFSI, retail, telecom & IT, and healthcare are some other factors expected to further fuel growth of the global market over the forecast period.
In addition, technological advancements and innovative product launches by manufacturers across various countries are expected to boost growth of the target market over the forecast period.
However, data security threat is a key factor expected to restrain growth of the global market over the forecast period. In addition, technological issues such as outdating is another factor expected to hamper growth of the target market over the forecast period.
Ongoing trend observed in the target market is increasing technological advancements and innovative product and service launches are expected to support growth of the target market and this trend is expected to continue over the forecast period.
Increasing data center traffic and rising demand for dynamic connectivity are some factors expected to create lucrative opportunities for target market over the forecast period.
Global Software-Defined Data Center (SDDC) Market: Segment Analysis
Among the network solution segments, the software-defined storage (SDS) segment is expected to dominate in the global market in terms of revenue and is expected to continue its dominance over the forecast period, owing to increasing demand for big data in telecom & IT industry.
Among the services segments, the integration, deployment & migration service segment is expected to dominate in the target market and is expected to continue its dominance over the forecast period.
Among the industry vertical segments, the telecom & IT followed by government and BFSI industry vertical segments are expected to register significant growth over the forecast period, owing to rising preference towards big data and increasing demand for software-based data storage and services.
Global Software-Defined Data Center (SDDC) Market: Regional Analysis
The market in North America is expected to dominate in the global software-defined data center over the forecast period, owing to presence of key players operating in this market, technological advancements, and rising investments for adoption of SDDC solutions in various countries in this region.
The market in Asia Pacific is expected to account for highest CAGR over the forecast period, owing to technological developments and rising adoption of new technology across various countries in this region.
Global Software-Defined Data Center (SDDC) Market Segmentation:
Segmentation by network solution:
- Software-defined compute (SDC)
- Software-defined networking (SDN)
- Software-defined storage (SDS)
Segmentation by services:
- Consulting & Assessment Services
- Integration, Deployment, and Migration Service
- Managed Services
Segmentation by industry vertical:
- Telecom & IT
- Government and BFSI
- Others (Education & media & entertainment, utilities, transportation)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- VMware, Inc.
- Microsoft Corporation
- Hewlett Packard Enterprise Development LP
- Nutanix, Inc.
- Dell EMC
- Huawei Technologies Co., Ltd.
- Cisco Systems Inc.
- International Business Machines Corporation
- NEC Enterprise Solutions
- Red Hat, Inc.
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