Software defined datacenters (SDDC) help organizing conventional and complicated infrastructure of information technology. Extending various visualization concepts is the basic role of these datacenters. As a result, they help in the processes like pooling; automation, abstraction and sharing various resources form the data centers. These datacenters help completion of using information technology as a service or ITaaS. Global software defined data center market is flourishing through increased adoption and range of application of these services. Technological advancements in the field and rising demand from developing regions are also helping new businesses to thrive into this large industry.
Segmentation and Driving Factors
Datacenter industry in the world is segmented based on different industry components. The most prominent components include the servers, networks and storages. Apart from that, researchers also segment the market based on the types of components, solutions, end users, industrial verticals and different geographical regions based on the global demand pattern. Based on the geographical regions, the SDDC market is segmented into Latin America, North America, Europe, Asia Pacific, and Middle East & Africa. Different types of software, storage and servers available in the software defined data center market are segmented into host-based and network based solutions.
Virtualization software programs and virtualization hardware equipment are the two basic components of the industry that have varied applications across different business verticals. Cloud service providers, telecommunication service providers and enterprises are the major clients of the industry. Increasing global traffic of data and the number of innovative virtual environments have made numerous challenging inventions in this industry. The fierce competition amongst the existing businesses in the market provides great opportunities in terms of innovation, business expansion and growth. Increasing global demands, reduced CAPEX and OPEX datacenters and growing market for software defined networking are driving the global SDDC industry.
Current Trends and Forecasting
GLOBAL SOFTWARE DEFINED DATA CENTER MARKET REVENUE, BY SEGMENTS, 2013 – 2018 ($MILLIONS)
Source: MarketsandMarkets Analysis
Current trends in the global software defined data center market are dominated by increasing demand for software defined networking services. Technological advancements, increasing database and convenience are expected to drive the global market at a superlative rate. According to the recent market research reports for the SDDC market, the industry is expected to grow at a whopping CAGR of 68.7%. These figures are expected to remain constant from 2013 to 2018. At this rate, the global market is anticipated to become worth $5.41 billion by 2018, which is currently worth $396.1 million. Experts also claim that regions like Asia Pacific and North America to be the booming markets for the SDDC solutions.