Global Software Defined Data Center (SDDC) Market Size, Share, Trends, Growth and Forecast 2022 – Acute Market Reports
Software-defined data center (SDDC) is basically a software based data storage facility where all the resources which includes storage, networking, and security are combined and provided as a software service. SDDC provides a secured user portal which utilizes web-based servers and deliver the data effectively. It enables the end-user to access the information by virtualization and cloud technology. Moreover, SDDC provides an advanced data management solution which monitors and creates a backup of the information.
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Exponential big data growth and cost-effectiveness has led to a higher adoption of SDDC across industries such as BFSI, retail, telecom & IT, and healthcare. Therefore, the world SDDC market is expected to register rapid growth in the near future owing to streamlined and automated data center operations. However, data security threat is one of the major challenge faced by the players in the industry. Irrespective of challenges, huge demand for dynamic connectivity, primarily in emerging economies, is creating an opportunity in the market.
The world SDDC market is segmented on the basis of network solution, services, end users, industry vertical, and geography. Based on network solution, world SDDC market is segmented into software-defined compute (SDC), software-defined networking (SDN), and software-defined storage (SDS). The SDS segment dominates the global market in terms of revenue and is expected to maintain this trend throughout the forecast period, owing to big data growth in the telecom & IT industry. Based on services, world SDDC is segmented into consulting & assessment services, integration, deployment & migration service, and managed services. The segment integration, deployment & migration service dominates the global market and is expected to maintain this trend throughout the forecast period.
SDDCs are adopted across various industry verticals such as telecom & IT, retail, healthcare, government and BFSI, manufacturing and others. The other segment includes education & media & entertainment, utilities, and transportation. Telecom & IT is one of the major industry of software defined data centers and Government and BFSI is expected to dominate the market owing to the big data growth and increasing demand for software based data storage and services. The world SDDC market is segmented on the basis of geographical regions, encompassing North America, Europe, Asia-Pacific and LAMEA. North America accounted for the largest share of the global market, owing to technological advancements and early adoption of SDDCs. However, Asia-Pacific would be the fastest growing region due to increased demand for software based services.
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Comprehensive competitive analysis and profiles of major market players, such as Microsoft Corporation, VMware, Inc., Oracle Corporation, Cisco Systems, Inc., Dell Software, Inc., HP Development Company, L.P., Citrix Systems, Inc., International Business Machines (IBM) Corporation, Amazon Web Services, Inc., and SAP SE are also provided in this report. Presently, the SDDC market is largely driven by growth strategies such as product launch, acquisition and partnership. Companies such as Citrix system, Cisco System Inc., IBM Corporation, and Microsoft Corporation have launched new software servers to attract more number of customers and increase their market share.
Exponential Big Data Growth
As the name suggests, big data stands for the large and complex set of data. Now-a-days these data sets increase rapidly due to digitalization and high use of internet. In addition, the rapid improvement in the workplaces of the enterprises increase profitability through the use of different software, such as ERP, CRM, and SCM. These software enable effective business workflows and manage enterprise-wide resources; however, they also create a huge amount of data related to customers, operations, suppliers, and other stakeholders. Hence, companies opt for SDDC to securely store crucial business information, which fuels the market growth.
Increasing Need for Data Storage
Presently, a large amount of data is generated every second by various devices and technologies. It is expected that by 2020 the amount of digital data would grow from 3.2 zettabytes to 40 zettabytes. To store this large amount of data conventional storage options are costly and less efficient, when compared with SDDCs which are more efficient and cost-effective.
SDDC offers ability to integrate with any vendor hardware and cloud solutions. However, presently integration poses a challenge as it requires skill and knowledge on various factors. Wide environment and adoption challenges of SDDC create a demand of service providers, which can fill the gap between SDDC technology and its users. Companies can overcome this challenge through proper analysis and integration of proper systems.
- The study provides an in-depth analysis of the world software defined data centers market to elucidate the prominent investment pockets in the market.
- Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market.
- The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
- Geographically, the market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA
- Analysis of value chain is conducted for better understanding of the role of intermediaries.
- SWOT analysis highlights the internal and external environment of the leading companies for current strategy formulation.
SOFTWARE DEFINED DATA CENTER (SDDC) MARKET SEGMENTATION
By Network Solutions
- Software-defined compute (SDC)
- Software-defined networking (SDN)
- Software-defined storage (SDS)
- Consulting & Assessment Services
- Integration, Deployment, and Migration Service
- Managed Services
By End User
- Large-scale Enterprise
- Medium-scale Enterprise
- Small-scale Enterprise
By Industry Vertical
- Telecom & IT
- Government and BFSI
- Others (Education & media & entertainment, utilities, transportation)
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East
Chapter: 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective
Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies
3.3 Porters five forces analysis
3.3.1 Bargaining power of the supplier
3.3.2 Bargaining power of the buyers
3.3.3 Threat of substitute
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