Dublin, Nov. 11, 2024 (GLOBE NEWSWIRE) -- The "Software-Defined Data Center (SDDC) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Software-Defined Data Center (SDDC) was estimated at US$85.5 Billion in 2023 and is projected to reach US$311.8 Billion by 2030, growing at a CAGR of 20.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Software-Defined Data Center market is driven by several factors, including the rising demand for data center virtualization, technological advancements in AI and automation, and the increasing adoption of hyper-converged infrastructure. The need to reduce data center footprint, enhance energy efficiency, and improve scalability is driving the adoption of SDDC solutions across various sectors.
Technological innovations in software-defined networking, storage, and orchestration tools are enhancing the efficiency and agility of SDDC platforms, supporting market growth. The expansion of cloud-native applications and the growing emphasis on end-to-end data center automation and orchestration are creating new opportunities for SDDC providers. Additionally, the focus on integrating AI-driven analytics, improving disaster recovery capabilities, and enhancing data center security is further propelling the growth of the Software-Defined Data Center market.
Why Are Software-Defined Data Centers Becoming a Strategic Priority for Enterprises?
Software-Defined Data Centers (SDDCs) represent a transformative approach to data center management by virtualizing and abstracting all data center resources - compute, storage, and networking - through software. This model offers unprecedented flexibility, scalability, and automation, enabling enterprises to manage their data centers more efficiently. SDDCs allow for seamless integration with cloud environments, providing a unified platform for managing on-premises, private, and public cloud resources.
As organizations face the growing complexity of managing hybrid and multi-cloud environments, SDDCs provide a solution that enhances agility, reduces costs, and supports rapid application deployment. Industries such as IT and telecom, BFSI, healthcare, and government are increasingly adopting SDDC solutions to modernize their data centers, improve resource utilization, and ensure business continuity in a highly competitive landscape.
How Are Technological Advancements Enhancing Software-Defined Data Center Solutions?
Technological advancements in automation, AI, machine learning, and orchestration are significantly enhancing Software-Defined Data Center solutions. Modern SDDC platforms leverage AI-driven analytics to provide real-time insights into data center operations, enabling predictive maintenance, automated workload balancing, and optimized resource allocation.
The integration of Software-Defined Networking (SDN) and Software-Defined Storage (SDS) within SDDC architectures is enhancing network agility and storage scalability, supporting diverse workloads and applications. The rise of hyper-converged infrastructure (HCI) is also contributing to the growth of SDDCs by integrating compute, storage, and networking into a single, software-driven solution. Additionally, advancements in cloud-native technologies, such as containers and microservices, are driving the demand for SDDCs that can support next-generation applications with greater agility and efficiency.
Which Market Segments Are Accelerating the Adoption of Software-Defined Data Centers?
Components of SDDC solutions include software-defined compute, software-defined storage (SDS), software-defined networking (SDN), and automation and orchestration tools, with SDS and SDN holding significant market shares due to their importance in data center virtualization. Deployment models are categorized into on-premises and cloud-based, with cloud-based SDDC solutions gaining traction due to their flexibility, scalability, and lower total cost of ownership.
Organization sizes are divided into small and medium-sized enterprises (SMEs) and large enterprises, with large enterprises leading the market due to their complex IT environments and need for robust data management solutions. End-use industries comprise IT and telecom, BFSI, healthcare, retail, and government, with IT and telecom dominating the market due to their extensive data center needs. Geographically, North America is the largest market for SDDC, while Asia-Pacific is experiencing rapid growth due to increasing digital transformation and cloud adoption.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the SDC segment, which is expected to reach US$108.9 Billion by 2030 with a CAGR of a 18.3%. The SDS segment is also set to grow at 19.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was valued at $23.4 Billion in 2023, and China, forecasted to grow at an impressive 19.4% CAGR to reach $47.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cisco Systems, Inc., Citrix Systems, Inc., EMC Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 196 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $85.5 Billion |
Forecasted Market Value (USD) by 2030 | $311.8 Billion |
Compound Annual Growth Rate | 20.3% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Software-Defined Data Center (SDDC) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Demand for Data Center Virtualization and Cloud Integration Drives SDDC Market Growth
- Increasing Adoption of Hyper-Converged Infrastructure (HCI) Expands Addressable Market for SDDC
- Technological Advancements in AI and Machine Learning Propel Innovation in SDDC Solutions
- Focus on Reducing Data Center Footprint and Enhancing Energy Efficiency Strengthens Business Case for SDDC
- Growing Emphasis on End-to-End Data Center Automation and Orchestration Drives Market Adoption
- Challenges Related to Data Security, Compliance, and Interoperability Pose Market Constraints
- Shift Towards Multi-Cloud and Hybrid Cloud Data Center Strategies Spurs Demand for SDDC Solutions
- Rising Demand for Software-Defined Networking (SDN) and Software-Defined Storage (SDS) in SDDCs Boosts Market Competitiveness
- Focus on Enhancing Data Center Resiliency and Disaster Recovery Capabilities Drives Market Growth
- Increasing Use of SDDC for Enhancing Data Center Scalability and Flexibility Spurs Market Adoption
- Emergence of Open Source SDDC Platforms Creates New Market Opportunities
FOCUS ON SELECT PLAYERS(Total 46 Featured)
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- EMC Corporation
- Fujitsu Ltd.
- Hitachi Ltd.
- Microsoft Corporation
- NEC Corporation
For more information about this report visit https://www.researchandmarkets.com/r/nxzr00
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