Software-Defined Data Center Market Size to Reach USD 78520 Million by 2026 at CAGR 13.4% | Valuates Reports
BANGALORE, India, March 3, 2021 /PRNewswire/ -- Software-Defined Data Center (SDDC) Market is Segmented by Type (Mid-Sized Data Centers, Enterprise Data Centers, Large Data Centers), by Application (BFSI, IT and Telecom, Government and Defense, Healthcare, Education, Retail, Manufacturing, Others), Application (Professional, Amateur): Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on Valuates Reports in the Data Management Category.
The global Software-Defined Data Center market size is projected to reach USD 78520 Million by 2026, from USD 36960 Million in 2020, at a CAGR of 13.4% during 2021-2026.
The major factor driving the growth of Software-Defined Data Center market size are:
- Growing multi-cloud strategy across various enterprises
- The growing need to enhancing infrastructure resiliency and service uptime
- Cost benefits associated with network automation and reduced energy usage , able to scale up or scale down based on demand.
- Reduced dependency on legacy costly hardware.
Request a Sample Copy of the Report For COVID-19 Impact Analysis on SDDC Market: https://reports.valuates.com/request/sample/QYRE-Auto-16L1795/Global_Software_Defined_Data_Center_SDDC
TREND INFLUENCING THE GROWTH OF SOFTWARE-DEFINED DATA CENTER MARKET SIZE
Cost benefits associated with network automation and reduced energy usage are expected to drive the growth of the Software-Defined Data Center market size. Organizations are switching from the complicated method of hardware procurement and management to the reliable model of Operational Expenditure (OPEX). Expenditure on IT infrastructure forms a large part of the overall expenditure of any company. SDDC solutions can help them reduce expenditure and go a long way towards ensuring overall IT performance.
The increasing need to improve IT agility & minimize IT infrastructure complexity is fueling the growth of software-defined data center market size. Software-Defined Data Center will help to standardize management tools across infrastructure layers, allowing policy-driven provisions and a combination of infrastructure resources to respond more quickly to new IT resource requests. SDDC also enables IT administrators to reduce operating costs in end-user businesses, create a roadmap for the modernization of end-use, and maintain control over provisioning.
Exponential big data growth & increasing need for data storage are expected to increase software-defined data center market size. Presently, different devices and technologies produce a large number of data every second. The sum of digital data is anticipated to rise from 3.2 zettabytes to 40 zettabytes by 2020. The traditional storage options are expensive and less reliable to store this vast volume of data than SDDCs that are more efficient and cost-effective.
View Details Before Purchasing: https://reports.valuates.com/market-reports/QYRE-Auto-16L1795/global-software-defined-data-center-sddc
SDDC MARKET SHARE ANALYSIS
Based on the application, the BFSI vertical is expected to hold the largest software-defined data center market share during the forecast period. Since BFSI organizations are expected to deal with key issues related to data storage, retrieval, and cybersecurity, together with the management of vast quantities of data that need to be repetitively processed, stored, and replicated, different cloud strategies are being implemented. This continuous transfer of both data protection and scalability to the hybrid cloud world drives the need for SDDCs to simplify and manage IT services through heterogeneous clouds.
Based on the region, the North America region is expected to hold the largest market share during the forecast period. The North American SDDC market for SDDC systems is now mature, and a large number of new SDDC installations and enhancements to existing data center infrastructure systems have occurred to date. The United States (US) currently holds the largest share in the software-defined data center industry as it is home to major telecommunications giants, well-established vendors, and end-user industries that are continually adapting to new technology to boost business competitiveness and work efficiency.
By Region
- North America
- United States
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Nordic
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Mexico
- Brazil
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-16L1795/Global_Software_Defined_Data_Center_SDDC
SOFTWARE-DEFINED DATA CENTER MARKET SEGMENTS
- Software-Defined Data Center Breakdown Data by Type
- Mid-Sized Data Centers
- Enterprise Data Centers
- Large Data Centers.
- Software-Defined Data Center Breakdown Data by Application
- BFSI
- IT and Telecom
- Government and Defense
- Healthcare
- Education
- Retail
- Manufacturing
- Others.
Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-16L1795&lic=single-user
Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-16L1795&lic=enterprise-user
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
SIMILAR REPORTS :
- Virtual Data Center Market is Segmented by Type Advisory & Implementation Services, Optimization Services, Managed Services, Technical Support Services, by Application IT & Telecommunication, BFSI, Education, Healthcare, Government, Others and by various regions.
- Computer Virtual Machine Software Market is Segmented by Type System Virtual Machine Software, Process Virtual Machine Software, by Application Small Scale Enterprises, Medium Scale Enterprises, Large Scale Enterprises and by various regions.
- Software Defined Networking Market size was valued at USD 9,995 Million in 2019, and is projected to reach at USD 72,630 Million by 2027, growing at a CAGR of 28.2% from 2020 to 2027.
- Software-Defined Storage(SDS) Market is Segmented by Type Software Defined Storage Platforms/Solutions, Software Defined Storage Services, by Application Telecom & IT, BFSI, Education, Consumer Goods & Retail, Healthcare, Government & Defense, Others and by various regions.
- Software Defined Radio Market size is projected to reach USD 19600 Million by 2026, from USD 18620 Million in 2020 by 2026.
- Software Defined Anything (SDx) Market is Segmented by Type Cloud, On Premise, by Application Telecom & IT, BFSI, Education, Consumer Goods & Retail, Healthcare, Government & Defense, Others and by various regions.
- Software Defined Perimeter (SDP) Market is Segmented by Type Private, Public, Cloud, Hybrid, On Premise, by Application BFSI, IT & Telecom, Manufacturing, Healthcare, Government, Education, Others and by various regions.
Click Here To See Related Reports On Software-Defined Data Center Market
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources
CONTACT US:
Valuates Reports
[email protected]
For U.S. Toll-Free Call +1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp : +91 9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Linkedin - https://in.linkedin.com/company/valuatesreports
Facebook - https://www.facebook.com/valuatesreports
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
Share this article