April 4, 2020

Software-defined Data Center Market (16.4% CAGR) 2019 to 2027: Global Industry Size, Share, Growth, Trends and Forecast

According to a new market research report published by Credence Research “Software-defined Data Center Market – Growth, Future Prospects, and Competitive Analysis, 2019 – 2027”, the global software-defined data center market was set to reach a market value of US$ 165.3 billion in 2027 and is expected to have a significant CAGR of 16.4 per cent over the forecast period from 2019 to 2027.

Market Insights 

The Software-Defined Data Center (SDDC) refers to a data storage facility where all elements of the infrastructure, such as storage, networking and security, are virtualized and delivered as a service. The provisioning, deployment, monitoring & automation and configuration & operation of the infrastructure is removed from hardware and executed in software. Several of the largest technology providers in the Internet have adopted this approach to drive cost savings and improve manageability for multiple types of workloads. These architectures use hardware components that are combined with proprietary technologies such as custom applications, platforms and containers.

Browse the full report at https://www.credenceresearch.com/report/software-defined-data-center-market

The overall software-defined data center market is segmented by component, type, data center size and vertical industry. The software-defined data center networking segment was the largest segment in the forecast period. Software-Defined Network (SDN) offers to move the network control plane to the server running software. This improves programmability, efficiency and extensibility. SDN is one of the most developed and favoured software-defined technologies in recent years. North America was the largest market for software-defined data centers in 2018, mainly due to the early adoption of networking and cloud-based technology across multiple industrial verticals. Similarly, the Asia-Pacific market has begun to catch up at a significant pace in the software-defined data center market, mainly due to rapidly growing end-use industries.

Competitive Insights:

Major players in the software-defined data center market include Nutanix, Microsoft Corporation, Huawei Technologies Co. Ltd., The Hewlett Packard Enterprise Company, Red Hat, Inc., Vmware, Inc., Dell EMC, International Business Machines Corporation, Cisco Systems, Inc., and NEC Corporation among others.

The software-defined data center service providers are espousing multiple strategies to thrive in the fragmented market ecosystem. Key players of the market are aiming on technological advancements as well as distinguishing their service offerings through advanced and user-friendly value propositions to sustain their place in the market. For instance, in January 2019, Huawei Technologies Co. Ltd. introduced the arm-powered server-class products that solidified the arm’s future in the data center space.  Similarly, in May 2018, The Hewlett Packard Enterprise Company announced the acquisition of Plexxi Inc. that expected to help HP Enterprise to deliver simplicity and speed to consumers by strengthening software-defined portfolio.

Credence Research is providing Free Sample Get it here: https://www.credenceresearch.com/sample-request/59797

Report Scope by Segments

By Component type Segment

  • Hardware
  • Software
  • Services

By Type Segment

  • Software-defined Computing
  • Software-defined Storage
  • Software-defined Data Center Networking
  • Automation & Orchestration

By Data Center Size Segment

  • Mid-sized Data Center
  • Enterprise Data Center
  • Large Data Center

By Industrial Vertical Segment

  • Banking, Financial Services and Insurance (BFSI)
  • Retail & E-commerce
  • IT & Telecommunications
  • Government & Defense
  • Education
  • Healthcare
  • Manufacturing
  • Others

By Geography Segment

  • North America (U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa, Latin America)

Credence Research is providing Free Sample Get it here: https://www.credenceresearch.com/sample-request/59797

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