Software Defined Data Center Market Worth $77.18 Billion by 2020
DALLAS, April 1, 2015 /PRNewswire/ --
According to a new market research report, "Software Defined Data Center (SDDC) Market by Solution (SDN, SDC, SDS & Application, by End User (Cloud Providers, Telecommunication Service Providers and Enterprises), and by Regions (NA, Europe, APAC, MEA, and LA) - Global Forecast to 2020", published by MarketsandMarkets, The total SDDC Market is expected to grow from $21.78 Billion in 2015 to $77.18 Billion in 2020, at an estimated Compound Annual Growth Rate (CAGR) of 28.8% from 2015 to 2020.
Browse 71 market data Tables and 44 Figures spread through 143 Pages and in-depth TOC on "Software Defined Data Center (SDDC) Market"
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This report studies the global Software Defined Data Center Market during the forecast period from 2015 to 2020.
MarketsandMarkets broadly segments the Software Defined Data Center Market by solution (SDN, SDC, SDS & application, by end user (cloud providers, telecommunication service providers and enterprises), and by region (North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).
The Software Defined Data Center (SDDC) Market concept helps traditional data center users to scale up their existing infrastructure seamlessly, thereby resulting in reduced overheads. This also helps in unification of server storage and networking, along with simplified management of all resources through applications. SDDC helps to overcome the obstacles of scalability, flexibility, manageability, and reduced costs, which are in turn, help enterprises and service providers in managing their IT infrastructure efficiently.
Another major driver for SDDC is its inherent capability of interoperability which enables solutions to get implemented on any hardware irrespective of the vendor or manufacturer, with an added advantage of multi tenancy support. The future adoption of SDDC is expected to be in heterogeneous environments and hybrid clouds, with more focus on software defined security. The SDDC market research report analyzes market dynamics, future roadmaps and global trends, and also provides competitive intelligence and forecasts over the next five years.
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As of 2014, North America is estimated to hold the largest share of the global Software Defined Data Center Market, followed by APAC. However, the Europe market is expected to grow at the highest CAGR of 39.6% from 2014 to 2019. A number of factors including energy efficiency, developing economies such as China and India, and new data centers is creating positive impact on the growth of the software defined data center market in the Asia-Pacific region.
Cisco Systems Inc., Citrix Systems Inc., Dell Inc., EMC Corporation, Hitachi Data Systems, Hewlett-Packard Company, Intel Corporation, NEC Corporation, Oracle Corporation, Riverbed Technology Inc. and VMware Inc. are some of the key players in the global software defined data center market.
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