Press release
Software Defined Data Center Market Size to Surpass US$ 186.96 billion by 2028 with top key players Cisco Systems, Inc.,Citrix Systems, Inc.,Fujitsu Ltd.,Hitachi, Ltd
2022-2028 Software Defined Data Center Industry Overview:The new versatile research report on Global Software Defined Data Center Market aims to promise a unique approach to the industrial assessment of the market covering the most important factors driving the growth of the industry. The Software Defined Data Center Market report provides current and future technical and financial details of the industry. One of the most comprehensive and important additions to The Insight Partners market research archive. It provides detailed research and analysis of key aspects of the global market.
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The software defined data center market is expected to grow from US$ 55.32 billion in 2022 to US$ 186.96 billion by 2028; it is estimated to grow at a CAGR of 22.5% from 2022 to 2028
Software defined data centers (SDDC) help organizations and enterprises achieve scalable and agile data centers based on dynamic business needs. It allows end users to increase the data center capacity and helps achieve optimal capital expenditure (CAPEX). There is massive adoption of SDDC solutions such as software defined storage, software defined network, and server virtualization, as it helps end users achieve cost savings, improved energy efficiency, and ease of scalability. In addition, the thriving trend of cloud-based data management solutions is expected to accelerate the adoption of software defined data center solutions across several industry verticals during the forecast period.
The software defined storage (SDS) segment accounted for a major market share in 2021 and is anticipated to witness steady market growth over the forecast period. With the growing penetration of IoT and the rapid increase in data generation, several organizations are automating their data centers. In addition, SDS enables organizations to achieve high efficiency, faster scalability, and greater flexibility by making storage resources programmable and helps reduce operational expenditure and storage costs, thereby propelling the software-defined storage (SDS) segment growth.
Global Software Defined Data Center market segmentation:
Based on industry verticals, BFSI and IT & telecom verticals account for more than half of the software defined data center market share globally. Software defined data centers provide these segments energy-efficient data management solutions along with high agility and scalability, according to the changing business needs; this has made the adoption of software defined data center more attractive among the organizations in these sectors.
Software Defined Data Center Market: Regional Analysis Includes:
• Asia-Pacific Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• North America (United States, Mexico and Canada.)
• South America (Brazil, etc.)
• The Middle East and Africa (GCC countries and Egypt.)
The Major Key Vendors of the Software Defined Data Center Market are:-
• Cisco Systems, Inc.
• Citrix Systems, Inc.
• Fujitsu Ltd.
• Hitachi, Ltd.
• Hewlett Packard Enterprise
• Huawei Technologies Co. Ltd.
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• VMware, Inc.
The study conducts a SWOT analysis to assess the strengths and weaknesses of the major players in the Software Defined Data Center market. Additionally, the report conducts an in-depth examination of the drivers and restraints operating in the market. The report also assesses trends observed in the parent market, along with macro-economic indicators, dominant factors, and market attractiveness with respect to different segments. The report predicts the influence of different aspects of the industry on the Software Defined Data Center market segments and regions.
This report strategically examines the micro markets and sheds light on the impact of technological upgrades on the performance of the Software Defined Data Center market.
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