The market for Software-defined Data Center Market is expected to reach US$ 34.6 Bn By 2027.
Software-defined data centers accounted for a market value of US$ 34.6 Bn in 2018 and are expected to grow with a promising CAGR of 16.4% across the forecast period from 2019 to 2027. By leveraging the capabilities of software-defined data centers, IT infrastructure enables to provide of high availability and recoverability for all workloads. Such technology offers flexible models for disaster recovery that offers to lessen downtime from the site or local failures. Similarly, a wide array of benefits was accomplished while reducing capital expenditure on hardware at both primary and recovery sites and lowering operation expenditure to manage application availability and data protection. The software-defined data center also extends consistency across hybrid as well as private clouds, thereby increasing the levels of flexibility in designing recovery, availability, and failover solutions. In the software-defined data center, everything needed to run the application is defined in software, such as networks, storage capabilities, security policies, and compute performance requirements, among others. With several other offerings over its counterparts, software-defined data centers are projected to experience significant adoption across the forecast period.
Software-defined Data Center Networking Accounted as the Largest Contributor in SDDC Market
With the rapid development of cloud computing applications, the appearance of mega multi-tenant data centers has been increased that contain several interconnected servers. To cater to more agile requirements that emerged in modern data center networking, Software-Defined Networking (SDN) is referred to as a promising approach that provides on-demand flow-based control for data centers. The software-defined network provides agility and flexibility for customizing the data center network, which is an essential element for the support of multi-tenancy. The emerging volatile network control requirements, such as path computation, QoS, and network security, are hosted on the efficient central network controller instead of the switch. With a wide array of applications, software-defined data center networking is expected to retain its dominant position across the forecast period.
Promising Upsurge of End-use Industry Verticals to Ensure Higher Growth Rate of Asia Pacific Market
At present, North America is the major contributor to the overall software-defined data center market, accounting for over 1/4th of the overall market shares. Due to the adaptive nature of the North American market for advanced technology, the software-defined data center market here accounted for witnessing continuous growth throughout the forecast period. Similarly, the Asia Pacific market is projected to be the fastest-growing market in the following years. The IT infrastructure here is a complex ecosystem of start-ups, governments, SMEs, and other multinational companies. Chiefly driven by a blend of rapidly growing technological innovation, middle-class population, and rising urbanization, the data center infrastructure is projected to experience significant development in the following years. Subsequently, a prominent surge of other industry verticals is expected to stimulate the software-defined data center market growth here.
Key players of the global software-defined data center market include Nutanix, Microsoft Corporation, Huawei Technologies Co. Ltd., The Hewlett Packard Enterprise Company, Red Hat, Inc., Vmware, Inc., Dell EMC, International Business Machines Corporation, Cisco Systems, Inc., and NEC Corporation among others.
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Software-defined data centers report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global software-defined data centers market based on component, type, data center size, industry vertical, and geography. Key segments covered in the report are as follows:
ATTRIBUTE DETAILS
Research Period 2017-2027
The base Year 2018
Forecast Period 2019-2027
Historical Year 2017
Unit USD Billion
Segmentation Component type Segment (2017–2027; US$ Bn)
Type Segment (2017–2027; US$ Bn)
Data Center Size Segment (2017–2027; US$ Bn)
Industrial Vertical Segment (2017–2027; US$ Bn)
Geography Segment (2017–2027; US$ Bn)
The market for Software-defined Data Center Market is expected to reach US$ 34.6 Bn By 2027.
The Software-defined Data Center Market is expected to see significant CAGR growth over the coming years, at 16.4%.
The report is forecasted from 2019-2027.
The base year of this report is 2018.
Nutanix, Microsoft Corporation, Huawei Technologies Co. Ltd., The Hewlett Packard Enterprise Company, Red Hat, Inc., Vmware, Inc., Dell EMC, International Business Machines Corporation, Cisco Systems, Inc. are some of the major players in the global market.