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Discover the software defined data center (SDDC) global market registering a CAGR of 32% from 2016 to 2022

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.

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Research Beam study says Software Defined Data Center Market (SDDC Market) is expected to garner $139 billion by 2022, registering a CAGR of 32% during the forecast period 2016-2022, Request Sample Copy @ www.researchbeam.com/software-defi…et/request-sample

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.

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.

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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.

Segment Overview:

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.

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.

KEY BENEFITS

  • 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.

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