What is the global market size of Software Defined Data Center Market?

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).

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 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.

Software Defined Data Center Market Report Snapshots

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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).

Because of the significant presence of different multinational, regional, and local competitors such as Conagra Brands Inc., Hormel Foods Corporation, Link Snacks Inc., and others, the worldwide meat snacks Software Defined Data Center Market is competitive. Technological advances have pushed several regional firms to innovate and stay ahead in this competitive market. Key firms are also focused on internet distribution channels for product marketing and branding. With Software Defined Data Center Market demand shifting toward a more regional and exotic range of tastes, prominent corporations have concentrated on long-term strategies incorporating product and flavour innovation. 'VMware', 'HPE', 'Nutanix', 'Microsoft Corporation', 'Cisco Systems, Inc.', 'Dell Technologies, Inc.', 'IBM Corporation', 'Citrix Systems, Inc.', 'Huawei Technologies Co., Ltd.', 'Fujitsu Limited', 'NEC CorporationOracle 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'

The current Software Defined Data Center Market competitiveness and the 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.

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.

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Software Defined Data Center Market Regional Insights

Software Defined Data Center Market Report Snapshots

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