USD 38.18 billion
Report ID: SQSG45E2008 | Region: Global | Published Date: April, 2023 | Pages: 157 | Tables: 121 | Figures: 76
Global Software Defined Data Center Market size was valued at USD 38.18 billion in 2021 and is poised to grow from USD 47.23 billion in 2022 to USD 320.29 billion by 2030, growing at a CAGR of 23.7% in the forecast period (2023-2030).
During the pandemic, the global impact of COVID-19 has had a beneficial impact on demand for SDDC products and solutions in all regions. The Software Defined Data Center Market is being driven by rising internet usage and digitization. Furthermore, the SDDC market has increased in recent years because of organizations adopting a multi-cloud approach and the introduction of new and existing technologies such as 5G and the Internet of Things (IoT) across a variety of industrial verticals.
SDDCs are becoming increasingly complex as the need to improve infrastructure durability and service uptime drives demand. In addition, firms are increasingly using SDDCs to store crucial company data, which is driving the software defined data center market forward.
US Software Defined Data Center Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 38.18 billion
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The Global Software-Defined Data Center Market is segmented based on by component as solution and services. By type Software Defined Data Center Market is segmented based on software defined compute, software defined networking (SDN), software defined storage, and others). By deployment market is segmented based on public, private, hybrid. By industry market is segmented based on it & telecommunication, government, healthcare, manufacturing, BFSI, retail, and others.
Software Defined Data Center Market Analysis by Industry
In the software-defined data center industry, the BFSI vertical is predicted to have the greatest Software Defined Data Center Market size. BFSI firms are implementing various cloud solutions to cope with important concerns such as data storage, recovery, and cybersecurity, as well as managing massive volumes of data that must be processed, saved, and reproduced repeatedly. SDDCs are needed to automate and manage IT services across heterogeneous clouds because of the constant migration to hybrid cloud environments for data security and scalability.
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The SDDC industry in North America is already mature, with a large number of new SDDC installations and upgrades of existing data center infrastructure systems completed to date. Because it is home to huge telecom giants, well-established suppliers, and end-user sectors that regularly adapt to emerging technologies for enhanced company productivity and job efficiency, the United States (US) now maintains the largest position in the software-defined data center market.
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Software Defined Data Center Market Driver
Software Defined Data Center Market Restraint
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Software Defined Data Center Market Top Players Company Profiles
Software Defined Data Center Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. SQ identified the key dominating segments of the Software Defined Data Center Market by offerings and verticals.
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|Market size value in 2021||USD 38.18 billion|
|Market size value in 2030||USD 47.23 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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For the Global Software Defined Data Center Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Software Defined Data Center Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Software Defined Data Center Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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