Software Defined Data Center (SDDC) Market will Create High Growth Opportunities by 2022, Says Allied Market Research

The Objective of the "Software Defined Data Center (SDDC) Market" report is to depict the trends and upcoming for the Software Defined Data Center (SDDC) industry over the forecast years. Software Defined Data Center (SDDC) Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

The global SDDC market is expected to generate revenue of $139 billion by 2022, growing at a CAGR of 32% from 2016 to 2022. SDDC is a facility where all data center resources that include storage, networking, and computer are virtualized and delivered as a service. It leverages deployment, monitoring, and management of data center resources through automated software. Exponential growth of big data, increased demand for streamlined & automated data center operations, and cost efficiency has resulted in increased SDDC adoption, globally. On the contrary, factors that restrain the market expansion in certain regions include possibility of security threats and integration complexity.

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SDDC network solutions include software-defined storage (SDS), software-defined compute (SDC), and software-defined networking (SDN). The SDS network solution segment holds the maximum market share, as it includes the complete support infrastructure required for storage and management of data. However, SDN network solution is expected to witness notable growth during the forecast period, with a CAGR of 31.6%, owing to higher adoption, mainly in North America and Europe.

Key players analyzed in the SDDC market are VMware, Inc., EMC Corporation, IBM Corporation, and Microsoft Corporation. The key strategies adopted by them include product launches, acquisitions, and partnerships to strengthen their market position, enhance their software services, and expand their geographical presence. For instance, in the year 2016, VMware launched the new enterprise-proven, hyper-converged Stack, EVO to enable smooth, high-performance infrastructure for SDDC.

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North America presently leads the market, on account of early adoption of the technology and high investment in data centers. Asia-Pacific is expected to exhibit robust growth due to increasing number of data centers and heavy spending by the Chinese government in the IT sector.

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The telecom & IT segment is expected to grow at the highest CAGR, as it generates huge amount of customer data on a daily basis. Among the service segments, integration, deployment, and migration accounted for the highest revenue in 2014, as it involves new hardware setup cost such as servers and automated storage systems. However, the managed services segment is expected to witness the highest growth rate in the near future.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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