DUBLIN, May 26, 2015 /PRNewswire/ -- Research and Markets(http://www.researchandmarkets.com/research/vk7xrn/software_defined) has announced the addition of the "Software Defined Data Center (SDDC) Market by Solution, by End User and by Regions - Global Forecast to 2020" report to their offering.
The total Software Defined Data Center (SDDC) market is expected to grow from $21.78 billion in 2015 to $77.18 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 28.8% from 2015 to 2020.
The rising need for virtualized data centers and the incessantly increasing data traffic has posed as a threat to enterprises and infrastructure providers alike. The increased cost overheads and complexities in the networking environment have given way to the adoption of Software Defined Data Center (SDDC), thereby aiding companies in cutting down their operational and capital expenditure (CAPEX). Typically, the infrastructure cost of data centers rises while scaling up from their existing architectures. This often leads to several complexities and interoperability issues between different components, thereby increasing demand for a seamless software defined environment. The SDDC comprises software defined storage (SDS), software defined networking (SDN) and software defined server/compute, wherein all the three components of networking are managed by applications.
This report gives detailed insights into the global Software Defined Data Center (SDDC) market split across various regions, The report broadly comprises SDDC segments: software defined storage, software defined networking and software defined compute, application; by end users: cloud service providers, telecommunication service providers and enterprise. The report is also segmented into regional markets covering major countries in these regions. The report also emphasizes on key adoption trends, evolution of data centers, future opportunities and business cases in this innovative market. An increasing adoption of SDDC solutions is expected, as major vendors are aggressively investing and rigorously working towards building cost effective data center solutions, in an effort to reduce the overall cost incurred by end-users.
Geographically, North America (comprising the U.S. and Canada) is estimated to command the largest share of 52.32% of the global software defined data center market in 2014, followed by APAC. The trend of adoption of SDDC in this region is mainly driven by the reduction of operating expenses and the simplification of IT management. The medium and large North American organizations are increasingly implementing software-defined solutions or planning to adopt in coming five years. APAC is also one the major growing region in the software defined data center market due to rising numbers of cloud and telecommunication end users.
The global data center software defined data center vendors include big market players such as Dell Inc., EMC Corporation, Hitachi Data Systems, Hewlett-Packard Company, Intel Corporation, NEC Corporation, Oracle Corporation, Riverbed Technology Inc. and VMware Inc.
New product launches, partnerships, agreements, collaborations, and acquisition are the major strategies adopted by most market players to achieve growth in the software defined data center market.
Full List of Companies Mentioned
- Big Switch Networks
- CISCO Systems, Inc
- Citrix Systems, Inc.
- Hewlett-Packard Development Company, L.P
- Hitachi Data Systems
- International Busniess Machines (IBM) Corporation
- NEC Corporation
For more information visit http://www.researchandmarkets.com/research/vk7xrn/software_defined
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SOURCE Research and Markets