Software-Defined Data Center Market Share, Growth Prospects and Key Opportunities by 2025
According to a research report "Software-Defined Data Center Market Growth 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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