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. This growth these segments are supported by the rising installations of
new SDDCs that require underlying servers for enabling proper facility
functionality along with growing need for upgrades and maintenance of existing
solutions
Managed
services segment to hold a larger market size in 2020
The managed services segment is expected
to majorly contribute to the market, while the support and maintenance segment
is projected to witness a higher growth rate during the forecast period. This
growth of managed services is supported by the growing focus of organizations
to achieve optimized workload management with greater agility, speed, and
security without having the need to worry about hassles associated with
training, integration and deployment, and support and maintenance.
North
America to hold the largest market size during the forecast period
The North American SDDC market is
already mature for SDDC systems, and a significant number of new installations
of SDDC and upgrade of the existing data center infrastructure systems have
taken place to date. Currently, the US holds the highest share in the SDDC
market as it is home to large telecom giants, well-established suppliers, as
well as end-user industries that continuously adapt to newer technologies for
improved business productivity and work efficiency. Furthermore, most of the
leading market players, such as HPE, Dell Technologies, Cisco, Oracle, and IBM,
have their headquarters in this region. North America, in the coming years, is
estimated to continue to lead the SDDC market.
Market
Players
Market players profiled in this report
include VMware (US), Microsoft (US), HPE (US), Dell
Technologies (US), Oracle (US), IBM (US), Nutanix (US), Cisco (US), Huawei
(China), Fujitsu (Japan), Juniper Networks (US), Commvault (US), Arista
Networks (US), DataCore Software (US), Scality (US), SUSE (Germany), NetApp
(US), Citrix (US), Nuage Networks [Nokia] (Finland), Lenovo (China),
Stratoscale (US), Lumina Networks (US), HiveIO (US), TidalScale (US), DriveNets
(US), Portworx (US), Lightbits (US), Arrcus (US), Vexata (US), Hammerspace
(US), and Cohesity (US). These players offer various SDDC solutions to cater to
the demands and needs of the market. Major growth strategies are adopted by the
players including partnerships, collaborations and agreements, and new product
launches/product enhancements.
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