The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Software Defined Data Center Market Growth. The growth sectors of the Software Defined Data Center Market Growth are identified with precision for a better growth perspective.
Software defined data center (SDDC) is a result of the relentless technological transformation in data center. Moreover, virtualization of IT infrastructure has led to a quick uptake of SDDC. Market Research Future (MRFR) in its latest report projects the global software defined data center (SDDC) market will demonstrate 16% CAGR during the review period.
Increased used of automated software for management, monitoring, provisioning and deployment of data centers resources is reflecting favourably on the global SDDC market. SDDC improve virtualization of the data center, which drive operational efficiency in big data analytics and cloud services. Further allows user to cut cost and operation expenditure in data centers. Some of the advantages of SDDC include enhanced agility, efficiencies, flexibility and control.
The exponential growth of big-data and rising need for cost-effective solution is partly driving the adoption of SDDC in sectors such as telecom & IT, BFSI, healthcare, retail among others. As companies increased their focus on streamlining and automation of data center operation, the limelight shift towards SDDC.
Companies are also adopting SDDC to reduce the tenacious task of manually managing mega-scale data centers, which is subject to inflexibility, inefficiency, high expenditure on hardware supporting niche or legacy applications. SDDC allows user to achieve the desired level of responsiveness and agility, which, in turn, creates a superior experience for consumers. At the same time, SDDC users are also able of keep technology in line with business objective and priorities. SDDC ensures that businesses operate in accordance with customer demand, marketplace, and business applications.
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.
Global Software Driven Data Center is expected to reach USD 68 Billion by 2023, software-defined…
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