December 01, 2020
According to the research report titled ‘Software-Defined Data Center Market Size By Solution, By Organization Size By End-Use, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, global software-defined data center market is expected to reach a valuation of USD 235 billion by the year 2026.
Growing demand for predictability, virtualization, data integrity, resiliency, and resource pooling is one of the key factors driving the growth of global software-defined data center market. It is to be noted that a software-defined data center (SDDC) is a paradigm shift from a hardware-centric to a virtualized data center.
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Data centers typically offer organizations with enhanced scalability, flexibility and programmability by virtualizing majority operations. Focus towards reducing operating and capital expenses coupled with widespread adoption of advanced IT infrastructure are also adding traction to global software-defined data center industry size.
SDDC also helps in automating deployment during disaster recovery, further ensuing reduced downtime of operations. Apart from this, rising adoption of cloud-computing services, inclination towards adopting social networking, online shopping and video platforms are also positively impacting the overall industry outlook.
As per solution type, SDN (Software-Defined Networking) segment is likely to display exceptional growth trends in the ensuing years. High demand for software-defined networking systems owing to increasing preferences towards adopting cloud services and IT convergence are facilitating the business scenario.
Citing the end-user spectrum, global software-defined data center industry size from healthcare is predicted to expand significantly during the forecast period. Escalating medical expenditure, rising adoption of software-defined data center technologies in healthcare intuitions, and growing trends of wearable devices are fueling the segmental share.
Regionally, software-defined data center industry share in Asia-Pacific is expected to witness considerable growth during the study duration. Proliferating sales of smartphones coupled with increasing internet penetration are favoring the regional market outlook.
The key participants in global software-defined data center market are QTS Realty Trust Inc., VMware Inc., SUSE, Super Micro Computer Inc., Rahi Systems Inc., Oracle Corp., Nutanix Inc., NetApp Inc., Microsoft Corp., Juniper Networks Inc., IBM Corp., Huawei Technologies Co. Ltd., NEC Corporation, Hewlett Packard Enterprise Co., Hitachi Data Systems, Fujitsu Ltd., Nexenta Systems Inc., Citrix Systems Inc., Cisco Systems Inc., and Advanced Systems Group among others.