Software Defined Data Center (SDDC) Market: 46% of growth will originate from North America, SDS segment will be significant for revenue generation

Software Defined Data Center (SDDC) Market: 46% of growth will originate from North America, SDS segment will be significant for revenue generation

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NEW YORK, August 30, 2022 /PRNewswire/ — The Software Defined Data Center (SDDC) Market The size is expected to increase by $84.59 billion from 2021 to 2026, progressing at a rate CAGR of 24.31% according to the latest Technavio market report. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. 46% of market growth will come from North America during the forecast period. The United States is the key market for the software defined data center (SDDC) market in North America. The market growth in this region will be faster than the market growth in other regions. The increase in the adoption of cloud services will facilitate the growth of the software defined data center (SDDC) market in North America during the forecast period – For more regional segment highlights: Get a free sample report

Technavio has announced its latest market research report titled Software Defined Data Center (SDDC) Market by Component and Geography - Forecast and Analysis 2022-2026

Technavio has announced its latest market research report titled Software Defined Data Center (SDDC) Market by Component and Geography – Forecast and Analysis 2022-2026

Software Defined Data Center (SDDC) Market: Segmentation Analysis

The market research report segments the Software Defined Data Center (SDDC) market by Component (SDS, SDN and SDC) and Geography (North America, EuropeAPAC, South Americaand the middle East Y Africa).

Revenue generating segment

  • The growth of the software defined data center (SDDC) market share by the SDS segment will be important for income generation,

  • SDS solutions address the challenges of traditional storage systems by eliminating dependency on storage hardware.

  • The entire storage system is managed and controlled by software on SDS without relying on the underlying hardware. Thus, it overcomes complexities in storage and vendor lock-in issues. Additionally, SDS solutions enable businesses to use existing storage systems and offer simplified data management, transparency into storage availability, and scalability. Such factors will drive the growth of the segment during the forecast period.

To know the market contribution of each segment – Get a free sample report

Software Defined Data Center (SDDC) Market: main driver

  • Demand for data center modernization is one of the key drivers supporting the growth of the software-defined data center (SDDC) market.

  • The use of AI, ML, and deep learning (DL) generate huge volumes of data that require efficient compute, storage, and network infrastructures. SDDC solutions are designed to handle heavy workloads by dynamically allocating workloads to compute, storage, and network resources.

  • Vendors in the SDDC market offer SSDC solutions to companies across all industry verticals based on business requirements. Some of the companies that have adopted SDDC solutions include NIGAY SAS (Nigay), one of the leaders in candy production, which faced challenges in scaling computing, network and storage capacities. It opted for VMware’s SDDC solutions, namely vSphere for compute, vSAN for storage, and NSX for networking. The new VMware solution enabled Nigay to overcome downtime challenges, improve flexibility, and optimize hardware resources. Therefore, the global SDDC market is expected to witness significant demand during the forecast period, driven by the willingness of companies to modernize their data centers due to the rise in adoption of new technologies such as data analytics. big data and the shift towards digital transformation.

Software Defined Data Center (SDDC) Market: main trend

  • The implementation of AI in data centers is a major trend supporting the growth of the software-defined data center (SDDC) market.

  • The energy efficiency of data centers is improved through the application of AI, which can calculate the performance of servers, power systems, and cooling systems. It enables faster and more efficient decision-making and provides insight into the functions of internal systems.

  • Data center service providers are using AI in data center automation software to eliminate human resources and facilitate energy efficient operations. The adoption of AI in data center automation processes also facilitates the power cooling process, with supervised control over mechanical cooling. This is achieved by making changes to the cooling process and enabling efficient use of energy in the overall data center process. Significantly, the use of AI is intended to increase performance and reduce downtime and human error. Such factors will drive the global SDDC market demand during the forecast period.

For the other drivers and trends along with the challenges: Request a free sample

The competitive scenario envisaged in the Software Defined Data Center (SDDC) Market Report analyzes, evaluates and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies in recent years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, make a strategic approach and boost your business goals with our Software Defined Data Center (SDDC) Market Forecast Report – Buy now!

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Software Defined Data Center (SDDC) Market Scope

Report Coverage

Details

Page number

120

base year

2021

forecast period

2022-2026

Growth momentum and CAGR

Accelerates to a CAGR of 24.31%

Market growth 2022-2026

$84.59 billion

market structure

Fragmented

YoY growth (%)

22.25

regional analysis

North America, Europe, APAC, South America, the Middle East and Africa

Contribution to the real market

North America at 46%

Main consumer countries

United States, China, Japan, United Kingdom and Germany

competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Arista Networks Inc., AT and T Inc., Cisco Systems Inc., Citrix Systems Inc., Commvault Systems Inc., DataCore Software Corp., Dell Technologies Inc., EQT AB, Fujitsu Ltd., Hitachi Ltd., HP Inc. , Huawei Investment and Holding Co. Ltd., International Business Machines Corp., Juniper Networks Inc., Lenovo Group Ltd., Microsoft Corp., Nokia Corp., Nutanix Inc., Oracle Corp. and Scality Inc.

market dynamics

Major market analysis, market growth drivers and obstacles, fast and slow growing segments analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization Scope

If our report didn’t include the data you’re looking for, you can contact our analysts and get custom segments.

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Table of Contents

1. Executive Summary

2 Market Landscape

3 Market size

4 Five Forces Analysis

5 Market Segmentation by Component

6 Customer Landscape

7 Geographic Landscape

8 drivers, challenges and trends

9 Provider Landscape

10 Supplier Analysis

11 Appendix

About Technavio

Technavio is a world leader in technology research and consulting. His research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With more than 500 specialist analysts, Technavio’s reporting library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Its client base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market insights to identify opportunities in existing markets and and assess their competitive positions within changing market scenarios.

contacts

Technavio Research
Jesse Mayda
Media and Marketing Executive
USA: +1 844 364 1100
United Kingdom: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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