USD 38.18 billion
Software Defined Data Center Market Size, Share, Growth Analysis, By Component(Solution, Services), By Type(Software Defined Compute, Software Defined Networking, Software Defined Storage, Others), By Deployment(Public, Private, Hybrid), By Industry(IT & Telecommunication, Government, Healthcare, Manufacturing), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45E2197 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
121
|Figures:
76
Software Defined Data Center Market Insights
Global Software Defined Data Center Market size was valued at USD 38.18 billion in 2019 and is poised to grow from USD 47.23 billion in 2023 to USD 320.29 billion by 2031, growing at a CAGR of 23.7% in the forecast period (2024-2031).
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.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Software
Fastest Growth
Service
Growth Rate
23.7% CAGR
Global Software Defined Data Center (SDDC) Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Software Defined Data Center Market Segmental Analysis
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.
Global Software Defined Data Center (SDDC) Market By Component, 2021 (%)
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Software Defined Data Center Market Regional Insights
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.
Global Software Defined Data Center (SDDC) Market By Geography, 2021 - 2028
- Largest
- Fastest
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Software Defined Data Center Market Dynamics
Software Defined Data Center Market Driver
- The current Software Defined Data Center Market competitiveness and the global economic condition have pushed the use of cost-effective business model restructure strategies. Organizations are shifting away from the time-consuming process of purchasing and managing hardware and toward the more dependable Operational Expenditure (OPEX) model. IT infrastructure costs are a significant portion of any company's total costs. Datacenter operators are attempting to reduce OPEX, and SDDC solutions can assist them in reducing Capital Expenditure (CAPEX) and guaranteeing overall IT success. SDDC solutions, for example, can considerably reduce overall energy consumption by automatically shutting off hardware or lowering power levels when there is no or little demand. According to a VMware report on SDDC IT results, SDDC's OPEX was 50% lower than traditional data centers, and SDDC users' IT productivity increased by 67 percent. The company's overall financial performance is projected to be impacted by such a huge drop in OPEX. The unified management of data centers allows for a single point of control, which improves efficiency and reduces data center costs and administration time.
Software Defined Data Center Market Restraint
- Despite the growing popularity of SDDCs, not globally acknowledged SDDC standard exists. In a multi-controller SDN architecture, due to the lack of a unified virtualization standard, SDN controllers produced by different vendors may display conflicting or misleading behavior. Using many controllers at the same time can cause network traffic constraints. SDDCs encounter several interoperability challenges while converting current data centers to SDDCs due to this lack of standardization. Building a consistent global network view in a multi-controller system remains a major challenge for businesses, as even minor delays in controller communication can cause network performance to suffer.
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Software Defined Data Center Market Competitive Landscape
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Software Defined Data Center Market Top Players Company Profiles
- VMware
- HPE
- Nutanix
- Microsoft Corporation
- Cisco Systems, Inc.
- Dell Technologies, Inc.
- IBM Corporation
- Citrix Systems, Inc.
- Huawei Technologies Co., Ltd.
- Fujitsu Limited
- NEC Corporation
Oracle Corporation - Juniper Networks, Inc.
- Lenovo Group Limited
- Hitachi Vantara Corporation
- Ericsson AB
- Arista Networks, Inc.
- Red Hat, Inc.
- Brocade Communications Systems, Inc.
- H3C Technologies Co., Limited
Software Defined Data Center Market Recent Developments
- In May 2022, Microsoft Announced Windows 11, Edge, Teams Updates at Build 2022. Microsoft has also expressed interest in making app development easier using Power Apps.
- In May 2022, Dell Technologies Launched 2022 Partner Program. The updated Dell Technologies Partner Program will streamline and enhance the partner experience across multiple Program tracks.
- In April 2021, IBM Corporation has released an improved storage solution aimed at improving data availability and accessibility in hybrid cloud environments. The company has announced intentions to ship new container native SDS solutions, allowing businesses to better manage their supply chains. for increased business data availability across sophisticated hybrid clouds performance and tenacity
- In May 2020, VMware has released VMware Cloud Second-Generation, a cloud service that combines the simplicity and agility of the public cloud with the protection and control of enterprise-grade on-premises infrastructure.
Software Defined Data Center Key Market Trends
- The hybrid segment is likely to increase at a high rate. Hybrid software-defined data centres are the most recent advancement in business technology. When it comes to identifying IT infrastructure demands, they have risen to the top of the priority list for enterprises all over the world. As a result of this shift in information distribution, data centres have grown beyond being just another storage facility.
- Storage virtualization will allow multiple storage units to be integrated into a single unit, eliminating the need for any physical storage. It is beneficial to firms that overspend on hardware or are unable to satisfy SLAs due to a lack of storage space.
- As enterprise resources become more decentralised and in bulk, Software-Defined Storage has become a requirement. Storage Virtualization, or virtual SAN, is another name for it.
Software Defined Data Center Market SkyQuest Analysis
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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| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 38.18 billion |
| Market size value in 2031 | USD 320.29 billion |
| Growth Rate | 23.7% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| 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) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Software Defined Data Center Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Software Defined Data Center Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the 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 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.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Software Defined Data Center Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Software Defined Data Center Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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