Software-Defined Data Center Market: Size, Share, Trends, Current and Future Analysis
According to a research report " Software-Defined Data Center Market Trend by Component (Hardware, Software, and Services), Type (Software-Defined Compute, Software-Defined Storage, and Software-Defined Data Center Networking), Organization Size, Vertical, and Region - Global Forecast to 2025" , size is projected to grow from USD 43.7 billion in 2020 to USD 120.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.4% during the forecast period. The demand for SDDC is driven by the growing need for enhancing infrastructure resiliency and service uptime, cost benefits associated with network automation and reduced energy usage, and reduced dependency on legacy hardware and hardware vendors. The hardware segment to hold a larger market size during the forecast period The hardware segment is projected to contribute majorly to the market among the components, while the services segment is projected to witness a higher growth rate during the forecast period. Th...