Software Defined Data Center Market
The trend to adopt digitalization as the future has also ushered in the virtualization of infrastructure which can expand the global market by leaps and bounds. At its core is software-defined data center (SDDC) where deployment, provisioning, monitoring, and data center resource management take shape with the assistance of automated software. Market Research Future (MRFR) reveals in a well-articulated study that the global market is all set to experience a staggering 16% CAGR during the forecast period (2017-2023).
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Drivers and Restraints:
Be it BFSI, retail, telecom & IT, or healthcare, SDDC has penetrated one and all by proving itself efficient in handling the massive bulk of data and reducing the cost considerably. In only a few years, since its inception, cloud technology has taken a quantum leap forward, and its dynamic evolution can be attributed to software-defined data center market. The sector is also gaining traction from emerging economies as its effective connectivity made it a market rage.
However, data security threat is an issue that mars the otherwise ideal image of the SDDC. A serious data breach can leak confidential data and endanger a client’s credibility. But this cannot bog down the market for long as various holistic security measures are being implemented by end-user industries to provide clients a sound service.
Industry News:
The advancing market has enough potential to experience continual development in technology. For instance, Dell Technologies is planning to launch a new hyper-converged infrastructure (HCI) advancements, a leap forward in technology, to simplify customer IT transformations. Dell EMC, VMware, and Pivotal, on the other hand, are planning to launch a joint cloud platform for solutions.
Global Software Defined Data Center Market: Segmental Analysis
The segmental analysis of the market has been conducted based on network solution, vertical, services, data center type and region.
On the basis of network solution, the market has been segmented into software-defined networking (SDN), software-defined compute (SDC) and Software-defined storage (SDS). By vertical, the market has been segmented into healthcare, BFSI, manufacturing, retail, government, telecom and IT and others. On the basis of service, the market has been segmented into deployment, integration, consulting and assessment services, migration services, and managed services. Based on data center type, the market has been segmented into large sized, mid-sized and enterprise.
Global Software Defined Data Center Market: Regional Analysis
North America represents the dominant position in the global software defined data center market. This is mainly owing to the faster uptake of advanced technologies and presence of cutting-edge infrastructure. Asia Pacific is also emerging as an important market for software defined data center. The APAC market is likely to post a strong growth during the forecast period. This is primarily owing to increased investment in infrastructure development in countries such as China, India, Taiwan, and Indonesia. In addition, rapid growth of the IT sector in the region has also creating significant market opportunities. The SDDC market has picked up steam in APAC also due to growing FDI in the region. A number of foreign technology companies have setup offices across the region.
Europe, which currently occupies the second spot is expected to remain an important destination for market players throughout the assessment period. Countries such as Italy, Germany and the U.K. are likely to make significant contribution in terms of revenue. The IT sector has continued to growth in Europe, which is creating the need for SDDC. The end use industries in Europe is likely to present attractive opportunities in near future.
Global Software Define Data Center Market: Competition Analysis
Companies that have been noted in MRFR’s report include EMC Corporation (U.S.), Microsoft Corporation (U.S.), Fujitsu, Ltd. (Japan), Citrix Systems (U.S.), VMware Inc. (U.S.), HPE Co (U.S.), Hitachi, Ltd. (Japan), IBM Corporation (U.S.), NEC Corporation (Japan), and Cisco Systems, Inc. (U.S.)
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