Software-Defined Data Center Market

Software-Defined Data Center Market Insights

The software-defined data center market is visualized to see raised development of CAGR 22.7% during the gauge term (2020-2026). A software-defined data center is a software-based data storage ability with means such as defense, storage, and networking coupled and administered as a software service. The software-defined data center grants a guarded user portal that accepts web servers and efficiently carts data. Cloud and virtualization are enabled to the user for data accessibility. The outline of SDDC includes data control solutions, data monitoring, and data recovery conception. The purpose of the market is to be flexible, agile, and possess greater efficiencies and control. An added advantage of the data center is it can be executed into any random hardware. Due to COVID-19, many IT giants had to lock down their premises urging employees to work from home, which affected the revenue inflow but, there was a steep rise in the software-defined data center market for data storage, solutions, and recovery. The proliferation of the market can be seen by the demand for operating and monitoring SDDCs for the smooth functioning of the company acting as a factor affecting the growth of the market. Some of the other features are reduction in capital expenditure, less reliance on physical storage, less manpower requirement, advancement in the implementation of technology, progress in the manufacturing of electronic goods, boost in IT companies by governments in many countries, policies, and schemes favoring IT and telecommunication by the regulatory bodies plunging the market.

Software-Defined Data Center Market: By Type of Component

Based on the type of component, the market can be listed as services, solutions, and hardware. The services sector is regulated to aggravate at a resolution rate in the forecast period. Training & consulting, integration & deployment, support & maintenance, and managed services are the elements under the service segment. Managed services are gauged to have a significant growth rate due to the consequence of the upcoming locus of firms to accomplish optimized workload management with high speed, better security, enhanced agility better than other services such as training, consulting, support & maintenance, and integration & deployment.

Software-Defined Data Center Market: By Type

The market branching based upon type is software-defined storage (SDS), software-defined computing (SDC), automation & orchestration, and software-defined data center networking (SDDCN). Software-defined storage is considered to make the intensification in the market in terms of CAGR due to attributes such as an escalation of technologies in various sectors, easy accessibility, initiating IT enterprises in countries by governments to curb unemployment and economical losses incurred by COVID-19, and rapid digitization.

Software-Defined Data Center Market: By Type of Organization Size

Based on organization size, SMEs and large enterprises are the components of the global market. The domain anticipated to prosper in the prediction period is SMEs. There are various developing nations concerning technology and the economy in APAC which play a vital role in spurring industrialization. Hence, industries try to lean over cheaper yet reliable modes of data storage. The burgeoning demand for technologies such as big data and cloud computing, less reliability over physical infrastructure, renewing traditional data centers, efficient solutions of security, and storage are the factors nudging the market.

Software-Defined Data Center Market: By Type of Verticals

BFSI, IT & telecom, government & defense, healthcare, education, retail, manufacturing, and others (media & entertainment, and energy & utilities) are levels based on the type of verticals. The BFSI vertical is exacted to secure the populous market capacity in the SDDC market. This sector needs to deal with properties such as recovery, storage, and security besides monitoring stacks of data that require processing, storing, and reproducing. Adoption of cloud solutions, huge customization, an increase in agility, and high scalability is also some of the traits affecting the spur of the market.

Software-Defined Data Center Market: By Region

Based on the topical review, the market can be fragmented as APAC (Asia-Pacific), NA (North America), MEA (the Middle East & Africa), Europe, and CSA (Central & South America). North America has been flourishing through the years as there are many companies headquartered in North America. However, the Asia Pacific is estimated to grow at a significant rate during the period due to the factors such as advancements of technologies in the domain, minimal operational costs, upgrading from conventional methods of data storage, the prevalence of automated process control, increase in industrialization, boosting efficiency by cost-effective cloud-storage solutions bettering the navigation of the market.

Software-Defined Data Center Market Share and Competitor Analysis

The chief players in the global market are VMware Inc., Cisco Systems Inc., Microsoft Corporation, HPE Company, Dell Technologies Inc., Oracle Corporation, IBM Pvt. Ltd., Nutanix Inc., Huawei Technologies Co. Ltd., Fujitsu Ltd., Juniper Networks Inc., Commvault, Arista Networks, DataCore Software, Scality, SUSE, NetApp Inc., Citrix Systems Inc., Nuage Networks [Nokia], Lenovo Group Ltd., Stratoscale, Lumina Networks Inc., HiveIO, TidalScale Inc., DriveNets Ltd., Portworx Inc., Lightbits Labs Inc., Arrcus Inc., Vexata Inc., Hammerspace, Cohesity, and other companies.

Please note: This is not an exhaustive list of companies profiled in the report.

In May 2020, VMware Inc. launched the Second-Generation of VMware Cloud. This product will have advantages such as rusticity and dexterity along with the feature of offering protection to the firm-grade on-premises infrastructure.

In November 2019, Cisco Systems Inc. and Microsoft Corporation extended their networking partnerships to illustrate the development of fresh capabilities for assisting IT to straight attach branch offices to Microsoft Azure Virtual WAN utilizing Cisco SD-WAN hosted in Azure.

Check the Press Release on Software-Defined Data Center Market Report